SO Q2 2020 Earnings — The Southern Company Revenue & Financial Results | Market Cap Arena

SOThe Southern Company

$107B

Q2 2020 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$4.6B-9.4% YoY

Gross Profit

$2.4B51.5% margin

Operating Income

$1.1B22.9% margin

Net Income

$616M13.3% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

-7.9%

Cash Flow

Operating Cash Flow

$2.0B

Free Cash Flow

$311M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$119.7B

Total Liabilities

$87.5B

Stockholders' Equity

$28.0B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.6B	$5.1B	-9.4%
Gross Profit	$2.4B	$2.4B	-0.4%
Operating Income	$1.1B	$1.3B	-21.2%
Net Income	$616M	$902M	-31.7%

Revenue Segments

Electric Utilities

$3.9B43%

Traditional Electric Operating Companies

$3.5B39%

Southern Company Gas

$617M7%

Gas Distribution Operations

$587M6%

Southern Power

$439M5%

Gas Marketing Services

$56M1%

Gas Pipeline Investments

$8M0%

Corporate and Other

$8M0%