Products & Services · Total revenue from contracts with customers

Wholesale Affiliates — Total revenue from contracts with customers

Southern Company Wholesale Affiliates — Total revenue from contracts with customers decreased by 53.6% to $156.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 53.6%, from $336.00M to $156.00M.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2016
Last reportedQ3 2023
Rolls up toTotal Revenue

How to read this metric

An increase suggests higher internal demand or expanded intercompany energy trading, while a decrease may indicate reduced internal reliance on the parent company's generation assets.

Detailed definition

This metric represents the total revenue recognized from contracts with customers specifically generated through wholesa...

Peer comparison

Similar to intercompany sales or affiliate revenue reported by other vertically integrated utilities with diverse generation and distribution subsidiaries.

Metric ID: so_segment_wholesale_revenues_affiliates_total_revenue_from_contracts_with_customers

Historical Data

7 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q3 '23
Value$112.00M$167.00M$155.00M$105.00M$232.00M$336.00M$156.00M
QoQ Change+49.1%-7.2%-32.3%+121.0%+44.8%-53.6%
YoY Change+107.1%+101.2%-53.6%
Range$105.00M$336.00M
CAGR+24.7%
Avg YoY Growth+51.6%
Median YoY Growth+101.2%

Frequently Asked Questions

What is Southern Company's wholesale affiliates — total revenue from contracts with customers?
Southern Company (SO) reported wholesale affiliates — total revenue from contracts with customers of $156.00M in Q3 2023.
How has Southern Company's wholesale affiliates — total revenue from contracts with customers changed year-over-year?
Southern Company's wholesale affiliates — total revenue from contracts with customers decreased by 53.6% year-over-year, from $336.00M to $156.00M.
What does wholesale affiliates — total revenue from contracts with customers mean?
Revenue earned from selling energy or power services to affiliated business units under formal contracts.