TTM
43.1%
YoY change
−20.12pp
Trough year (2025)
29.8%
Peak year (2004)
65.5%
Latest annual
29.8%
Gross Margin history chart for Southern Company (SO) from 1994 to 2025
Latest: 29.8%
Gross Margin change chart for Southern Company (SO) from 1994 to 2025
Latest: −20.12pp
Gross Margin history table for Southern Company (SO) from 1994 to 2025
| 2025 | 29.8% | -20.12pp | ||
| 2024 | 49.9% | +3.56pp | ||
| 2023 | 46.4% | +10.07pp | ||
| 2022 | 36.3% | -8.04pp | ||
| 2021 | 44.3% | -4.24pp | ||
| 2020 | 48.6% | +3.74pp | ||
| 2019 | 44.8% | +3.91pp | ||
| 2018 | 40.9% | -2.12pp | ||
| 2017 | 43.1% | +0.18pp | ||
| 2016 | 42.9% | -1.03pp | ||
| 2015 | 43.9% | +3.64pp | ||
| 2014 | 40.3% | -2.28pp | ||
| 2013 | 42.5% | -0.77pp | ||
| 2012 | 43.3% | +4.53pp | ||
| 2011 | 38.8% | -19.61pp | ||
| 2010 | 58.4% | -0.78pp | ||
| 2009 | 59.2% | +3.75pp | ||
| 2008 | 55.4% | -3.07pp | ||
| 2007 | 58.5% | -1.83pp | ||
| 2006 | 60.3% | -1.11pp | ||
| 2005 | 61.4% | -4.10pp | ||
| 2004 | 65.5% | +17.67pp | ||
| 2003 | 47.9% | -1.12pp | ||
| 2002 | 49.0% | +0.14pp | ||
| 2001 | 48.9% | -0.46pp | ||
| 2000 | 49.3% | -1.58pp | ||
| 1999 | 50.9% | -1.00pp | ||
| 1998 | 51.9% | +9.34pp | ||
| 1997 | 42.6% | -7.16pp | ||
| 1996 | 49.7% | -4.06pp | ||
| 1995 | 53.8% | +0.06pp | ||
| 1994 | 53.7% | — |
- 202529.8%-20.12pp
- 202449.9%+3.56pp
- 202346.4%+10.07pp
- 202236.3%-8.04pp
- 202144.3%-4.24pp
- 202048.6%+3.74pp
- 201944.8%+3.91pp
- 201840.9%-2.12pp
- 201743.1%+0.18pp
- 201642.9%-1.03pp
- 201543.9%+3.64pp
- 201440.3%-2.28pp
- 201342.5%-0.77pp
- 201243.3%+4.53pp
- 201138.8%-19.61pp
- 201058.4%-0.78pp
- 200959.2%+3.75pp
- 200855.4%-3.07pp
- 200758.5%-1.83pp
- 200660.3%-1.11pp
- 200561.4%-4.10pp
- 200465.5%+17.67pp
- 200347.9%-1.12pp
- 200249.0%+0.14pp
- 200148.9%-0.46pp
- 200049.3%-1.58pp
- 199950.9%-1.00pp
- 199851.9%+9.34pp
- 199742.6%-7.16pp
- 199649.7%-4.06pp
- 199553.8%+0.06pp
- 199453.7%—
Gross Margin values are taken from Southern Company's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Southern Company (SO)
According to Southern Company's latest reported financial statements, the company's latest reported gross margin is 43.1%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Southern Company (SO) gross margin is 29.81% – contracted 20.1 percentage points year-over-year.
65.54% stands as the all-time-high annual gross margin, posted in 2004, against a low of 29.81% during 2025.
Southern Company Gross Margin by Year
Southern Company Gross Margin 2025: 29.8%
In 2025, Southern Company reported gross margin of 29.81%, contracted 20.1 percentage points from 2024. This figure represents the lowest annual value in the available history.
Southern Company Gross Margin 2024: 49.9%
Southern Company gross margin in 2024 was 49.93%, expanded 3.6 percentage points from 2023.
Southern Company Gross Margin 2023: 46.4%
2023's gross margin for Southern Company came in at 46.36%, expanded 10.1 percentage points from 2022.
Southern Company Gross Margin 2022: 36.3%
Southern Company posted gross margin of 36.30% in 2022, contracted 8.0 percentage points from 2021.
Southern Company Gross Margin 2021: 44.3%
Southern Company gross margin in 2021 was 44.33%.
See more financial history for Southern Company (SO).
Sector peers by Gross Margin
Utilities peers of Southern Company (SO), ranked by their latest gross margin
| 77.9% | |
| 67.3% | |
| 58.4% | |
| 49.4% | |
| 43.3% | |
| 40.4% | |
| 30.6% | |
| 19.9% |
- 67.3%
- 58.4%
- 49.4%
- 43.3%
- 30.6%
- 19.9%
Frequently asked questions
Southern Company (SO) Key Financials
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