Net Income
Net Income
Southern Company Net Income decreased by 2.7% to $1.43B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 2.7%, from $1.47B to $1.43B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Consistent growth in net income is the primary driver of long-term stock price appreciation and dividend capacity.
Detailed definition
The 'bottom line' profit of the company after all expenses, including interest and taxes, have been deducted from total...
Peer comparison
This is the standard metric for calculating Earnings Per Share (EPS) and Price-to-Earnings (P/E) ratios.
Metric ID:
net_incomeHistorical Data
6 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|
| Value | $372.00M | $1.10B | $991.00M | $1.11B | $1.47B | $1.43B |
| QoQ Change | — | +196.0% | -10.0% | +11.7% | +33.0% | -2.7% |
| YoY Change | — | — | — | +197.6% | +33.7% | -2.7% |
Range$372.00M – $1.47B
CAGR+194.0%
Avg YoY Growth+76.2%
Median YoY Growth+33.7%
Net Income at Other Companies
Frequently Asked Questions
- What is Southern Company's net income?
- Southern Company (SO) reported net income of $1.43B in Q3 2023.
- How has Southern Company's net income changed year-over-year?
- Southern Company's net income decreased by 2.7% year-over-year, from $1.47B to $1.43B.
- What does net income mean?
- The final profit of the company after every single expense and tax has been paid.