What does gas pipeline investments — income taxes (benefit) mean?

This metric represents the income tax expense or benefit allocated to the gas pipeline segment based on its pre-tax earnings and applicable tax jurisdictions. It reflects the tax impact of the segment's operational and investment activities, including any tax credits or deferred tax adjustments. This is essential for understanding the segment's contribution to the company's net after-tax profitability.

Southern Company SO Gas Pipeline Investments — Income taxes (benefit)

Other segment segments

Reportable Segment

$129M+16.2%

SOUTHERN POWER CO

-$70M-6,900%

Similar metrics at other companies

KNTKPipeline Transportation — Income Tax Expense (Benefit)

$0—

UTLGas — Income Tax Expense Benefit

$11.2M+19.1%

MGEEGas — Income Tax Expense Benefit

$5.26M+5.5%

MDUPipeline — Income taxes

$4.7M-8.3%

DTMPipeline — Income Tax

$30M0.0%

ATOPipeline and storage segment — Income Tax

$41.98M+35.0%

Other financials

Income statement

See full

Revenue$8.4B+8.0%

Operating income$2.0B+0.4%

Net income$1.4B+1.6%

EPS (diluted)$1.20-0.8%

Balance sheet

See full

Cash & equivalents$987.0M-57.7%

Total debt$75.3B—

Total equity$39.9B+7.2%

Total assets$157.03B—

Cash flow

See full

Operating cash flow$1.2B-1.9%

CapEx$2.9B+20.8%

Free cash flow-$1.7B-44.7%

Valuation

See full

Market cap$109.53B+9.5%

Enterprise value$183.8B—

P/E19.6×—

P/S3.5×-0.5×

Profitability

See full

Operating margin18.7%-2.5pp

Net margin13.1%—

FCF margin-5.1%—

Returns & leverage

See full

Return on equity9%—

Debt / equity1.9×—

Current ratio0.7×—

Where this comes from

Reported directly by Southern Company in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Southern Company’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

Ask your AI about Southern Company's gas pipeline investments — income taxes (benefit).

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Southern Company's gas pipeline investments — income taxes (benefit)?: Southern Company (SO) reported gas pipeline investments — income taxes (benefit) of $11M in Q1 2026.
What does gas pipeline investments — income taxes (benefit) mean?: This metric represents the income tax expense or benefit allocated to the gas pipeline segment based on its pre-tax earnings and applicable tax jurisdictions. It reflects the tax impact of the segment's operational and investment activities, including any tax credits or deferred tax adjustments. This is essential for understanding the segment's contribution to the company's net after-tax profitability.