Net Income for Southern Company (SO)
According to Southern Company's latest reported financial statements, the company's current net income (TTM) is $4.34B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$4.34B
YoY change
-1.4%
5Y CAGR
+6.7%
Peak year (2019)
$4.75B
Cumulative net income
$74.20B
Net Income history chart for Southern Company (SO) from 1985 to 2025
Net Income history table for Southern Company (SO) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $4.34B | -1.4% | ||
| 2024 | $4.40B | +10.7% | ||
| 2023 | $3.98B | +12.5% | ||
| 2022 | $3.54B | +46.8% | ||
| 2021 | $2.41B | -23.2% | ||
| 2020 | $3.13B | -34.1% | ||
| 2019 | $4.75B | +112.0% | ||
| 2018 | $2.24B | +154.8% | ||
| 2017 | $880.00M | -64.7% | ||
| 2016 | $2.49B | +3.0% | ||
| 2015 | $2.42B | +19.2% | ||
| 2014 | $2.03B | +18.8% | ||
| 2013 | $1.71B | -29.2% | ||
| 2012 | $2.42B | +6.5% | ||
| 2011 | $2.27B | +11.2% | ||
| 2010 | $2.04B | +19.4% | ||
| 2009 | $1.71B | -5.5% | ||
| 2008 | $1.81B | +4.2% | ||
| 2007 | $1.73B | +10.2% | ||
| 2006 | $1.57B | -1.1% | ||
| 2005 | $1.59B | +3.9% | ||
| 2004 | $1.53B | +3.9% | ||
| 2003 | $1.47B | +11.8% | ||
| 2002 | $1.32B | +4.4% | ||
| 2001 | $1.26B | -3.9% | ||
| 2000 | $1.31B | +2.9% | ||
| 1999 | $1.28B | +30.6% | ||
| 1998 | $977.00M | +0.5% | ||
| 1997 | $972.00M | -13.8% | ||
| 1996 | $1.13B | +2.2% | ||
| 1995 | $1.10B | +11.5% | ||
| 1994 | $989.00M | -1.3% | ||
| 1993 | $1.00B | +5.1% | ||
| 1992 | $953.00M | +8.8% | ||
| 1991 | $876.00M | +45.2% | ||
| 1990 | $603.50M | -28.7% | ||
| 1989 | $846.00M | 0.0% | ||
| 1988 | $846.00M | +52.6% | ||
| 1987 | $554.40M | -37.2% | ||
| 1986 | $883.00M | +6.4% | ||
| 1985 | $829.60M | — |
Net Income values are taken from Southern Company's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Southern Company (SO) net income totalled $4.34B – edged down 1.4% year-over-year.
Across 2020–2025 (5 years), Southern Company net income produced a CAGR of +6.7% – with the latest reading among the more recent periods of the dataset.
Between 2019 and 2025, Southern Company net income declined 8.7%, falling from $4.75B to $4.34B.
The highest annual net income of $4.75B was reported in 2019. The lowest in the available history was $554.40M in 1987.
Within Utilities, Southern Company (SO) ranks 4th among 8 peers we track. The peer median for net income is $3.29B.
Southern Company Net Income by Year
Southern Company Net Income 2025: $4.34B
Southern Company net income in 2025 was $4.34B, edged down 1.4% below 2024.
Southern Company Net Income 2024: $4.40B
Southern Company net income in 2024 was $4.40B, grew 10.7% from 2023.
Southern Company Net Income 2023: $3.98B
Southern Company net income in 2023 was $3.98B, grew 12.5% from 2022.
Southern Company Net Income 2022: $3.54B
Southern Company net income in 2022 was $3.54B, surged 46.8% from 2021.
Southern Company Net Income 2021: $2.41B
Southern Company net income in 2021 was $2.41B.
See more financial history for Southern Company (SO).
Sector peers — Net Income
Companies in the same sector as Southern Company, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $6.83B | Utilities |
| Duke Energy Corporation (DUK) | $4.97B | Utilities |
| GE Vernova Inc. (GEV) | $4.88B | Utilities |
| American Electric Power Company, Inc. (AEP) | $3.58B | Utilities |
| Dominion Energy, Inc. (D) | $3.00B | Utilities |
| Constellation Energy Corporation (CEG) | $2.32B | Utilities |
| Sempra (SRE) | $1.84B | Utilities |
| Vistra Corp. (VST) | $944.00M | Utilities |
Frequently asked questions
What is Southern Company's net income?
- Latest reported net income for Southern Company (SO) is $4.34B (period ending December 31, 2025).
How has Southern Company net income changed year-over-year?
- Southern Company (SO) net income changed -1.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Southern Company net income?
- Southern Company (SO) net income compound annual growth rate is +6.7% over the most recent 5 years available.
When did Southern Company net income hit its highest annual value?
- Southern Company net income reached its highest annual value of $4.75B in 2019.
What was Southern Company net income in 2024?
- Southern Company (SO) net income in 2024 was $4.40B.
What was Southern Company net income in 2025?
- Southern Company (SO) net income in 2025 was $4.34B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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