SO Q3 2020 Earnings — The Southern Company Revenue & Financial Results | Market Cap Arena

SOThe Southern Company

$107B

Q3 2020 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$5.6B-6.3% YoY

Gross Profit

$3.0B53.9% margin

Operating Income

$1.8B32.7% margin

Net Income

$1.3B22.3% margin

EPS (Diluted)

$1.18

QoQ Revenue Growth

+21.6%

Cash Flow

Operating Cash Flow

$2.4B

Free Cash Flow

$210M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$123.2B

Total Liabilities

$90.4B

Stockholders' Equity

$28.6B

Cash & Equivalents

$3.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.6B	$6.0B	-6.3%
Gross Profit	$3.0B	$3.2B	-4.8%
Operating Income	$1.8B	$2.0B	-8.8%
Net Income	$1.3B	$1.3B	-4.9%

Revenue Segments

Electric Utilities

$5.0B45%

Traditional Electric Operating Companies

$4.6B41%

Southern Power

$523M5%

Gas Distribution Operations

$479M4%

Southern Company Gas

$426M4%

Gas Marketing Services

$39M0%

Gas Pipeline Investments

$8M0%

Corporate and Other

$8M0%