SO Q3 2022 Earnings — The Southern Company Revenue & Financial Results | Market Cap Arena

SOThe Southern Company

$109B

Q3 2022 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$8.4B+34.3% YoY

Gross Profit

$3.4B40.5% margin

Operating Income

$2.2B26.2% margin

Net Income

$1.5B17.6% margin

EPS (Diluted)

$1.35

QoQ Revenue Growth

+16.3%

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

-$851M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$134.0B

Total Liabilities

$98.3B

Stockholders' Equity

$31.5B

Cash & Equivalents

$2.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.4B	$6.2B	+34.3%
Gross Profit	$3.4B	$3.1B	+10.7%
Operating Income	$2.2B	$1.7B	+27.3%
Net Income	$1.5B	$1.1B	+33.5%

Revenue Segments

Electric Utilities

$7.4B72%

Southern Power

$1.2B11%

Southern Company Gas

$857M8%

Gas Distribution Operations

$751M7%

Gas Marketing Services

$85M1%

Corporate and Other

$16M0%

Gas Pipeline Investments

$8M0%