Southern Profit Margin 2010-2023 | SO
Current and historical gross margin, operating margin and net profit margin for Southern (SO) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Southern net profit margin as of December 31, 2023 is 15.79%.
|Southern Annual Profit Margins
|Southern Quarterly Profit Margins
|Utility - Electric Power Distribution
Atlanta, GA-based Southern Company is one of the largest utilities in the United States. The company deals with the generation, transmission and distribution of electricity. Southern Company serves approximately nine million customers in Mississippi, Alabama, Georgia, Tennessee, Virginia, and other states, through several wholesale and retail electric and natural gas distribution units, with aggregate generating capacity of 46,000 megawatts, approximately 200,000 miles of electric transmission and distribution lines, with more than 80,000 miles of natural gas pipelines. The company owns Southern Power and Southern Company Gas along with other direct and indirect subsidiaries. Southern Power engages in developing, owning and managing power generation assets, including nuclear energy, renewable energy projects and selling electricity at market-based rates in the wholesale market.