SOThe Southern Company

$109B

Q4 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$6.0B-14.2% YoY

Gross Profit

$2.5B41.2% margin

Operating Income

$1.2B20.0% margin

Net Income

$855M14.1% margin

EPS (Diluted)

$0.78

QoQ Revenue Growth

-13.4%

Cash Flow

Operating Cash Flow

$1.8B

Free Cash Flow

-$721M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$139.3B

Total Liabilities

$104.1B

Stockholders' Equity

$31.4B

Cash & Equivalents

$748M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.0B	$7.0B	-14.2%
Gross Profit	$2.5B	$1.9B	+33.8%
Operating Income	$1.2B	$138M	+774.6%
Net Income	$855M	-$86M	+1094.2%

SO Q4 2023 Earnings — The Southern Company Revenue & Financial Results | Market Cap Arena