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Southern Company SO Retail electric revenues — Total operating revenues

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Other financials

Income statement

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Revenue$8.4B+8.0%
Gross profit$5.0B
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$107.01B+7.1%
P/E21.4×
P/S3.7×-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:Revenues.

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 retail electric revenues — total operating revenues?
Southern Company (SO) reported retail electric revenues — total operating revenues of $4.64B in Q1 2026.
How has Southern Company's retail electric revenues — total operating revenues changed year-over-year?
Southern Company's retail electric revenues — total operating revenues increased by 0.8% year-over-year, from $4.6B to $4.64B.
What does retail electric revenues — total operating revenues mean?
This metric captures the total operating revenue attributed to the retail electric segment, encompassing all income streams derived from retail electricity distribution. It serves as a comprehensive measure of the segment's top-line financial performance, including base rates, fuel cost recovery, and other regulated surcharges. Investors use this to assess the scale and revenue-generating capacity of the company's core utility operations.