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Southern Company SO Other natural gas revenues — Total operating revenues

Other product segments

Retail electric revenues
$4.62B
Residential
$2B-3.0%
Commercial
$1.66B+3.2%
Industrial
$942M+3.0%
PPA energy revenues
$496M+19.5%
Transportation
$440M+8.4%
Non-PPA revenues
$169M+26.1%
PPA capacity revenues
$149M0.0%
Other
$31M0.0%

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ATOOther gas revenues — Operating revenues
$6.62M+0.3%
MTD
MTDRNatural gas revenues — Revenue
$99.65M+7.3%
Crescent Energy logo
CRGYNatural gas — Total revenues
$158.37M-15.5%
NorthWestern Energy Group, Inc. logo
NWERegulated Natural Gas — Total Revenues
$135.52M+3.3%
MGY
MGYNatural gas revenues — Total revenues
$51.8M+0.8%
MDU Resources Group logo
MDUNatural gas distribution — Other revenues
$8.27M+635%

Other financials

Income statement

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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

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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$109.63B+5.7%
Enterprise value$183.9B
P/E19.6×
P/S3.5×-0.5×

Profitability

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Operating margin18.7%-2.5pp
Net margin13.1%
FCF margin-5.1%

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 other natural gas revenues — total operating revenues?
Southern Company (SO) reported other natural gas revenues — total operating revenues of $284M in Q1 2026.
How has Southern Company's other natural gas revenues — total operating revenues changed year-over-year?
Southern Company's other natural gas revenues — total operating revenues increased by 9.2% year-over-year, from $260M to $284M.
What does other natural gas revenues — total operating revenues mean?
This metric represents the total operating revenue generated from natural gas activities classified outside of the primary regulated distribution or core utility operations. It captures ancillary revenue streams such as wholesale gas marketing, storage services, or non-core natural gas infrastructure utilization. Monitoring this figure helps investors assess the contribution of secondary gas-related business lines to the company's overall top-line performance.