Operating Income

Operating Income

Southern Company Operating Income decreased by 3.8% to $2.11B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 3.8%, from $2.19B to $2.11B. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

Growth in operating income suggests that the core business is becoming more profitable and efficient.

Detailed definition

The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...

Peer comparison

This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.

Metric ID: is_operating_income

Historical Data

7 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q3 '23
Value$708.00M$1.72B$0.00$1.38B$1.66B$2.19B$2.11B
QoQ Change+143.4%-100.0%+19.6%+32.5%-3.8%
YoY Change+133.8%+27.3%-3.8%
Range$0.00$2.19B
CAGR+107.1%
Avg YoY Growth+52.4%
Median YoY Growth+27.3%

Frequently Asked Questions

What is Southern Company's operating income?
Southern Company (SO) reported operating income of $2.11B in Q3 2023.
How has Southern Company's operating income changed year-over-year?
Southern Company's operating income decreased by 3.8% year-over-year, from $2.19B to $2.11B.
What does operating income mean?
The profit earned from core business activities, before accounting for interest and taxes.