TTM
$7.29B
YoY change
+2.9%
5Y CAGR
+8.3%
Peak year (1993)
$8.49B
Cumulative operating income
$190.95B
Operating Income history chart for Southern Company (SO) from 1985 to 2025
Latest: $7.27B
Operating Income growth chart for Southern Company (SO) from 1985 to 2025
Latest: +2.9%
Operating Income history table for Southern Company (SO) from 1985 to 2025
| 2025 | $7.27B | +2.9% | +$203.00M | ||
| 2024 | $7.07B | +21.3% | +$1.24B | ||
| 2023 | $5.83B | +8.5% | +$456.00M | ||
| 2022 | $5.37B | +45.2% | +$1.67B | ||
| 2021 | $3.70B | -24.3% | −$1.19B | ||
| 2020 | $4.88B | -36.9% | −$2.85B | ||
| 2019 | $7.74B | +84.6% | +$3.54B | ||
| 2018 | $4.19B | +79.6% | +$1.86B | ||
| 2017 | $2.33B | -48.0% | −$2.15B | ||
| 2016 | $4.49B | +4.8% | +$204.00M | ||
| 2015 | $4.28B | +17.6% | +$640.00M | ||
| 2014 | $3.64B | +11.9% | +$387.00M | ||
| 2013 | $3.25B | -27.1% | −$1.21B | ||
| 2012 | $4.46B | +5.5% | +$232.00M | ||
| 2011 | $4.23B | +11.3% | +$429.00M | ||
| 2010 | $3.80B | +9.6% | +$332.00M | ||
| 2009 | $3.47B | -1.0% | −$36.00M | ||
| 2008 | $3.51B | +5.4% | +$180.00M | ||
| 2007 | $3.33B | +3.2% | +$102.00M | ||
| 2006 | $3.22B | +8.8% | +$262.00M | ||
| 2005 | $2.96B | +5.0% | +$141.00M | ||
| 2004 | $2.82B | +0.6% | +$16.00M | ||
| 2003 | $2.81B | +8.6% | +$223.00M | ||
| 2002 | $2.58B | +8.0% | +$191.00M | ||
| 2001 | $2.39B | -0.6% | −$14.00M | ||
| 2000 | $2.40B | +6.8% | +$154.00M | ||
| 1999 | $2.25B | -1.2% | −$28.00M | ||
| 1998 | $2.28B | -14.5% | −$386.00M | ||
| 1997 | $2.67B | +2.5% | +$64.00M | ||
| 1996 | $2.60B | -3.3% | −$90.00M | ||
| 1995 | $2.69B | +10.9% | +$265.00M | ||
| 1994 | $2.43B | -71.4% | −$6.06B | ||
| 1993 | $8.49B | +5.2% | +$416.00M | ||
| 1992 | $8.07B | +0.3% | +$23.00M | ||
| 1991 | $8.05B | +0.9% | +$75.00M | ||
| 1990 | $7.97B | +6.4% | +$483.00M | ||
| 1989 | $7.49B | +3.6% | +$257.00M | ||
| 1988 | $7.24B | +3.2% | +$224.60M | ||
| 1987 | $7.01B | +2.4% | +$163.80M | ||
| 1986 | $6.85B | +0.5% | +$32.70M | ||
| 1985 | $6.81B | — | — |
- 2025$7.27B+2.9%
- 2024$7.07B+21.3%
- 2023$5.83B+8.5%
- 2022$5.37B+45.2%
- 2021$3.70B-24.3%
- 2020$4.88B-36.9%
- 2019$7.74B+84.6%
- 2018$4.19B+79.6%
- 2017$2.33B-48.0%
- 2016$4.49B+4.8%
- 2015$4.28B+17.6%
- 2014$3.64B+11.9%
- 2013$3.25B-27.1%
- 2012$4.46B+5.5%
- 2011$4.23B+11.3%
- 2010$3.80B+9.6%
- 2009$3.47B-1.0%
- 2008$3.51B+5.4%
- 2007$3.33B+3.2%
- 2006$3.22B+8.8%
- 2005$2.96B+5.0%
- 2004$2.82B+0.6%
- 2003$2.81B+8.6%
- 2002$2.58B+8.0%
- 2001$2.39B-0.6%
- 2000$2.40B+6.8%
- 1999$2.25B-1.2%
- 1998$2.28B-14.5%
- 1997$2.67B+2.5%
- 1996$2.60B-3.3%
- 1995$2.69B+10.9%
- 1994$2.43B-71.4%
- 1993$8.49B+5.2%
- 1992$8.07B+0.3%
- 1991$8.05B+0.9%
- 1990$7.97B+6.4%
- 1989$7.49B+3.6%
- 1988$7.24B+3.2%
- 1987$7.01B+2.4%
- 1986$6.85B+0.5%
- 1985$6.81B—
Operating Income 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 Operating Income at Southern Company (SO)
According to Southern Company's latest reported financial statements, the company's current operating income (TTM) is $7.29B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Southern Company (SO) reported operating income of $7.27B – edged up 2.9% year-over-year.
Across 2020–2025 (5 years), Southern Company operating income produced a CAGR of +8.3% – sustaining 4 straight years of year-over-year growth.
Southern Company operating income declined from $8.49B in 1993 to $7.27B in 2025, a 14.3% drawdown.
The record annual operating income stands at $8.49B, reached in 1993; the historical low of $2.25B was recorded in 1999.
Southern Company Operating Income by Year
Southern Company Operating Income 2025: $7.27B
2025's operating income for Southern Company came in at $7.27B, edged up 2.9% from 2024.
Southern Company Operating Income 2024: $7.07B
Southern Company posted operating income of $7.07B in 2024, grew 21.3% from 2023.
Southern Company Operating Income 2023: $5.83B
In 2023, Southern Company reported operating income of $5.83B, grew 8.5% from 2022.
Southern Company Operating Income 2022: $5.37B
Southern Company operating income in 2022 was $5.37B, surged 45.2% from 2021.
Southern Company Operating Income 2021: $3.70B
Southern Company operating income in 2021 was $3.70B.
See more financial history for Southern Company (SO).
Sector peers by Operating Income
Utilities peers of Southern Company (SO), ranked by their latest operating income
| $8.58B | |
| $8.28B | |
| $5.30B | |
| $4.41B | |
| $3.25B | |
| $3.09B | |
| $3.05B | |
| $1.39B |
- $8.58B
- $8.28B
- $4.41B
- $3.25B
- $3.05B
- $1.39B
Frequently asked questions
Southern Company (SO) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation