How Southern Company (SO) Makes Money: A Visual Guide
Southern Company (SO) generated $29.55B in revenue (TTM through Q4 2025), earning $4.34B in net profit (14.7% margin). Its largest revenue source is Electric Utilities (50.9% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.
Southern Company (SO) Income Statement Flow
Frequently asked questions
How does Southern Company (SO) make money?
- Southern Company (SO) primarily makes money through Electric Utilities, which accounts for 50.9% of total revenue. For TTM through Q4 2025, Southern Company generated $29.55B in total revenue with a net profit margin of 14.7%.
What is Southern Company (SO) gross profit margin?
- Southern Company (SO) reported a gross profit margin of 43.5% for TTM through Q4 2025, equivalent to $12.85B in gross profit. This means Southern Company retains 43.5% of each revenue unit after direct costs of production.
What is Southern Company (SO) operating profit margin?
- Southern Company (SO) reported an operating profit margin of 24.6% for TTM through Q4 2025, equivalent to $7.28B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Southern Company (SO) net profit margin?
- Southern Company (SO) reported a net profit margin of 14.7% for TTM through Q4 2025, equivalent to $4.34B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Southern Company (SO) spend on capital expenditures?
- Southern Company (SO) spent $13.09B on capital expenditures in TTM through Q4 2025 (44.3% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Southern Company (SO) free cash flow?
- Southern Company (SO) generated −$3.29B in free cash flow for TTM through Q4 2025 (-11.1% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Southern Company (SO) effective tax rate?
- Southern Company (SO) had an effective tax rate of 16.5% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.
About this data
- What is a Sankey diagram?
- A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
- How is the data calculated?
- We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
- When was this data last updated?
- Based on company filings through TTM through Q4 2025.