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Southern Company SO Reportable Segment — Net Income

Other segment segments

SOUTHERN POWER CO
$4M-95.4%

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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+1.6%
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:NetIncomeLoss.

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 reportable segment — net income?
Southern Company (SO) reported reportable segment — net income of $628M in Q1 2026.
What does reportable segment — net income mean?
This is the final profit or loss generated by the business segment after all operating expenses, taxes, and interest have been deducted. It is the primary measure of the segment's financial success and contribution to the parent company's overall earnings. Investors use this to evaluate the segment's profitability and return on invested capital.