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The Southern Company  (SO)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities

The Southern's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for The Southern in the second quarter 2023?
The Southern Company achieved a return on average equity (ROE) of 9.31 % in its second quarter 2023, which is below The Southern's average return on equity, which stands at 11.59%.

ROE decreased relative to the period ending , due to the decline in net income.

Within the Electric Utilities industry 20 other companies had a higher return on equity. While the total ranking for ROE unchanged, relative to the forth quarter 2022 at no. .

What is ROE?



Return On Equity (Jun 30 2023)
II. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2021)
III. Quarter
(Jun 30 2021)
II. Quarter
(Mar 31 2021)
I. Quarter
Y / Y Equity Change 4.78 % 7.13 % 2.21 % 2.46 % -
Y / Y Net Income Change -25.65 % 133.24 % -13.48 % -39.45 % 31.63 %
Net Income (TTM) in Millions 3,144 3,428 2,951 3,124 3,369
Return On Equity (TTM) 9.31 % 10.27 % 8.99 % 9.57 % 10.39 %
SO's Total Ranking # # # # #
Equity (TTM) in Millions 34,648 34,532 33,219 32,746 33,068
Seq. Equity Change 0.34 % 3.95 % 1.44 % -0.97 % 2.59 %
Seq. Net Income Change -1.44 % -24.77 % 195.21 % -66.03 % 209.22 %

Return On Equity Company Ranking
Within: No.
Industry # 21
Sector # 40
Overall #

Return On Equity Statistics
High Average Low
15.56 %
11.59 %
2.5 %
(Sep. 30, 2005)   (Sep 30 2017)





SO Annual Return On Equity (Dec 31 2022)
2022
(Dec 31 2020)
2020
(Dec 31 2019)
2019
(Dec 31 2018)
2018
(Dec 31 2017)
2017
Total Equity in Millions 34,532 32,234 31,759 29,039 25,528
Y / Y Equity Change 7.13 % 1.5 % 9.37 % 13.75 % -4.07 %
Net Income in Millions 3,428 3,103 4,744 2,300 926
Y / Y Net Income Change 10.47 % -34.59 % 106.26 % 148.38 % -63.38 %
Return On Equity 9.93 % 9.63 % 14.94 % 7.92 % 3.63 %





Annual Roe Comment
In 2022 ROE improved to 9.93 % compared to the previous year, due to net income growth.


More Return On Equity Ratios
Electric Utilities Industry Roe Trends and Statistics
Utilities Sector Return On Equity Statistics
SO's' Return on Equity at Yahoo Finance
SO's Roe Ratio versus Electric Utilities Industry, Utilities Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for SO's Competitors
Return On Equity for The Southern's Suppliers
Roe for SO's Customers




Companies with similar Return On Equity at Jun 30 2023, within Utilities Sector ROE
Hf Sinclair Corporation  25.01 %
New Fortress Energy Inc   24.44 %
National Fuel Gas Company  21.52 %
Williams Companies Inc   19.61 %
Public Service Enterprise Group Incorporated  19.59 %
Northwest Natural Holding Company  16.50 %
Antero Midstream Corporation  15.17 %
New Jersey Resources Corporation  14.59 %
Nextera Energy Inc  14.30 %
Dte Energy Co  12.81 %
Consolidated Edison Inc   11.73 %
Cms energy Corporation  11.54 %
Mge Energy Inc   11.33 %
Ameren Corporation  10.54 %
Entergy Corporation  10.49 %
Chesapeake Utilities Corporation  10.48 %
Hawaiian Electric Industries Inc   10.42 %
Alliant Energy Corp  10.39 %
Xcel Energy Inc  10.38 %
American Water Works Company Inc   10.31 %
York Water Co  10.14 %
Artesian Resources Corporation  10.07 %
Oge Energy Corp   9.99 %
Pnm Resources Inc   9.91 %
Atmos Energy Corp  9.84 %
Idacorp Inc   9.69 %
Sempra  9.61 %
The Southern Company  9.31 %
Dt Midstream Inc   9.18 %
Unitil Corporation  9.13 %


Date modified: 2023-08-04T20:44:21+00:00



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