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Southern Company SO SOUTHERN POWER CO — Total operating revenues

Other segment segments

Reportable Segment
$3.14B+3.5%

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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: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 SOUTHERN POWER CO — total operating revenues?
Southern Company (SO) reported SOUTHERN POWER CO — total operating revenues of $681M in Q1 2026.
How has Southern Company's SOUTHERN POWER CO — total operating revenues changed year-over-year?
Southern Company's SOUTHERN POWER CO — total operating revenues increased by 20.1% year-over-year, from $567M to $681M.
What does SOUTHERN POWER CO — total operating revenues mean?
This metric represents the total gross revenue generated by the Southern Power business segment from the sale of electricity and related energy services. It reflects the top-line performance of the company's competitive generation assets, including natural gas and renewable energy projects. This figure is a primary indicator of the scale and market demand for the segment's wholesale energy portfolio.