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Southern Company SO Industrial — Total operating revenues

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Other financials

Income statement

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Revenue$8.4B+8.0%
Operating income$2.0B+0.4%
Net income$1.4B+1.7%
EPS (diluted)$1.20-0.8%

Balance sheet

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Cash & equivalents$987.0M-57.7%
Total debt$75.3B
Total equity$39.9B+7.2%
Total assets$157.03B

Cash flow

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Operating cash flow$1.2B-1.9%
CapEx$2.9B+20.8%
Free cash flow-$1.7B-44.7%

Valuation

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Market cap$104.94B+7.1%
Enterprise value$179.21B
P/E18.8×
P/S3.3×-0.4×

Profitability

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Operating margin18.7%-2.5pp
Net margin13.1%

Returns & leverage

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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:RevenueFromContractWithCustomerIncludingAssessedTax.

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

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Questions, answered.

What is Southern Company's industrial — total operating revenues?
Southern Company (SO) reported industrial — total operating revenues of $24M in Q1 2026.
How has Southern Company's industrial — total operating revenues changed year-over-year?
Southern Company's industrial — total operating revenues increased by 33.3% year-over-year, from $18M to $24M.
What does industrial — total operating revenues mean?
The total revenue earned from providing natural gas services to industrial customers.
How do you interpret industrial — total operating revenues?
An increase suggests higher industrial production or expanded service adoption in the industrial sector, while a decrease may indicate reduced industrial activity or energy efficiency gains by customers.
How does industrial — total operating revenues compare across companies?
Peers in the regulated utility sector report similar figures under industrial gas sales, often benchmarked against regional manufacturing output and industrial economic health indices.