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The Southern Company (SO) |
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SO's Net Income Growth by Quarter and Year
The Southern's Net Income results by quarter and year
Select the Comparisons :
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Select the Ratio:
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SO Net Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
-
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1,110.00
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1,283.00
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1,345.00
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III Quarter |
September |
-
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376.00
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621.00
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931.00
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II Quarter |
June |
823.00
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1,107.00
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841.00
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2,059.00
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I Quarter |
March |
835.00
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358.00
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409.00
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269.00
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FY |
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1,658.00
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2,951.00
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3,154.00
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4,604.00
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SO Net Income second quarter 2023 Y/Y Growth Comment |
The Southern Company reported fall in Net Income in the second quarter 2023 by -25.65% to $ 823.00 millions, from the same quarter in 2022. The drop in the second quarter 2023 The Southern Company's Net Income compares unfavorably to the Company's average Net Income increase of 14.54%.
Looking into second quarter 2023 results within Electric Utilities industry 31 other companies have achieved higher Net Income growth. While The Southern Company' s Net Income drop of -25.65% ranks overall at the positon no. 1479 in the second quarter 2023.
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SO Net Income ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
- |
-13.48 % |
-4.61 % |
10.07 % |
III Quarter |
September |
- |
-39.45 % |
-33.3 % |
- |
II Quarter |
June |
-25.65 % |
31.63 % |
-59.15 % |
119.98 % |
I Quarter |
March |
133.24 % |
-12.47 % |
52.04 % |
-46.2 % |
FY |
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- |
-6.44 % |
-31.49 % |
81.9 % |
SO Net Income (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
- |
195.21 % |
106.6 % |
44.47 % |
III Quarter |
September |
- |
-66.03 % |
-26.16 % |
-54.78 % |
II Quarter |
June |
-1.44 % |
209.22 % |
105.62 % |
665.43 % |
I Quarter |
March |
-24.77 % |
-72.1 % |
-69.59 % |
-77.99 % |
FY (Year on Year) |
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- |
-6.44 % |
-31.49 % |
81.9 % |
Net Income Y/Y Growth Statistics |
High |
Average |
Low |
279.38 % |
14.54 % |
-74.74 % |
(March 31, 2014) |
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(March 31, 2013) |
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Net Income Y/Y Growth Statistics |
High |
Average |
Low |
279.38 % |
14.54 % |
-74.74 % |
(March 31, 2014) |
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(March 31, 2013) |
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Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
The Southern's Q/Q Net Income Growth
Net Income Q/Q Growth Statistics |
High |
Average |
Low |
665.43 % |
42.38 % |
-80.48 % |
(Mar 31 2019) |
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SO's II. Quarter Q/Q Net Income Comment |
In the II. Quarter 2023 The Southern Company disclosed decrease in Net Income sequentially by -1.44% to $ 823.00 millions, from $ 835.00 millions declared in the previous reporting period.
Although periodic factors normally fuel II. Quarter 2023 Net Income, it plainly was not sufficient to recover SO's outcome, Aaliyah Nelson, a business insider located in Birmingham wrote.
Within Electric Utilities industry 15 other companies have achieved higher Net Income quarter on quarter growth. While The Southern's Net Income growth quarter on quarter, overall rank is 1227. |
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Net Income Q/Q Growth Statistics |
High |
Average |
Low |
665.43 % |
42.38 % |
-80.48 % |
(Mar 31 2019) |
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SO's II. Quarter Q/Q Net Income Comment |
In the II. Quarter 2023 The Southern Company realized decrease in Net Income sequentially by -1.44% to $ 823.00 millions, from $ 835.00 millions declared a quarter before.
Even periodic influence which usually elevate II. Quarter 2023 Net Income, have not salvage the II. Quarter for the The Southern Company, Aaliyah Nelson, a business insider located in Birmingham wrote, she detected further challenges ahead for the Electric Utilities's company and wrote that average quarter on quarter Net Income growth is at 42.38% for the Electric Utilities's company.
Within Electric Utilities industry 15 other companies have achieved higher Net Income quarter on quarter growth. While The Southern's Net Income growth quarter on quarter, overall rank is 1227. |
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The Southern's 12 Months Net Income Growth Year on Year
Net Income TTM Growth |
12 Months Ending (Jun 30 2023) |
12 Months Ending (Sep 30 2021) |
12 Months Ending (Jun 30 2021) |
12 Months Ending (Mar 31 2021) |
12 Months Ending (Dec 31 2020) |
Cumulative Net Income 12 Months Ending |
$ 3,144.00 |
$ 2,951.00 |
$ 3,124.00 |
$ 3,369.00 |
$ 3,103.00 |
Y / Y Net Income Growth (TTM) |
-6.68 % |
-6.44 % |
-2.86 % |
-4.45 % |
-34.59 % |
Year on Year Net Income Growth Overall
Ranking |
# 799 |
# 1248 |
# 1515 |
# 1468 |
# 1200 |
Seqeuential Net Income Change (TTM) |
-8.28 % |
-5.54 % |
-7.27 % |
8.57 % |
-1.62 % |
Seq. Net Income Growth (TTM) Overall
Ranking |
# 1134 |
# 906 |
# 1906 |
# 1977 |
# 490 |
Cumulative Net Income growth
Comment |
The Southern's cumulative 12 months Net Income continue to decrease, but on the faster rate at -6.68% year on year, at Jun 30 2023 compare to the -6.44% decrease at Sep 30 2021. If the The Southern's fiscal year would end at Jun 30 2023, annual Net Income would be $3,144 millions.
In the Utilities sector 53 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 799, from total ranking in previous quarter at 1248. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
287 % |
15.36 % |
-74.83 % |
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Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
287 % |
15.36 % |
-74.83 % |
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Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 21 |
Sector |
# 54 |
S&P 500 |
# 1134 |
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Cumulative Net Income growth
Comment |
The Southern's cumulative 12 months Net Income continue to decrease, but on the faster rate at -6.68% year on year, at Jun 30 2023 compare to the -6.44% decrease at Sep 30 2021. If the The Southern's fiscal year would end at Jun 30 2023, annual Net Income would be $3,144 millions.
In the Utilities sector 53 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 799, from total ranking in previous quarter at 1248. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
287 % |
15.36 % |
-74.83 % |
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Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
287 % |
15.36 % |
-74.83 % |
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Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 21 |
Sector |
# 54 |
S&P 500 |
# 1134 |
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