Discontinued — last reported Q3 '22
Business Segments · Net Income (Loss) Attributable to Parent
Gas distribution operations — Net Income (Loss) Attributable to Parent
Southern Company Gas distribution operations — Net Income (Loss) Attributable to Parent decreased by 35.9% to $59.00M in Q3 2022 compared to the prior quarter. Year-over-year, this metric grew by 31.1%, from $45.00M to $59.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ2 2020
Last reportedQ3 2022
Rolls up toNet Income
How to read this metric
Positive trends indicate the segment is a strong contributor to the parent company's overall financial health and dividend-paying capacity.
Detailed definition
This captures the portion of the gas distribution segment's net earnings that accrues to the parent company's shareholde...
Peer comparison
Standard segment reporting metric; comparable to segment-level net income contributions at diversified utility holding companies.
Metric ID:
so_segment_gas_distribution_operations_net_income_loss_attributable_to_parentHistorical Data
5 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|
| Value | $80.00M | $45.00M | $214.00M | $92.00M | $59.00M |
| QoQ Change | — | -43.8% | +375.6% | -57.0% | -35.9% |
| YoY Change | — | — | — | +15.0% | +31.1% |
Range$45.00M – $214.00M
CAGR-26.2%
Avg YoY Growth+23.1%
Median YoY Growth+23.1%
Current Streak2 quarters decline
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Southern Company's gas distribution operations — net income (loss) attributable to parent?
- Southern Company (SO) reported gas distribution operations — net income (loss) attributable to parent of $59.00M in Q3 2022.
- How has Southern Company's gas distribution operations — net income (loss) attributable to parent changed year-over-year?
- Southern Company's gas distribution operations — net income (loss) attributable to parent increased by 31.1% year-over-year, from $45.00M to $59.00M.
- What does gas distribution operations — net income (loss) attributable to parent mean?
- The profit or loss from the gas distribution segment that belongs to the parent company's owners.