Southern Past Earnings Performance

Past criteria checks 4/6

Southern's earnings have been declining at an average annual rate of -3.2%, while the Electric Utilities industry saw earnings growing at 5.5% annually. Revenues have been growing at an average rate of 6.2% per year. Southern's return on equity is 11.6%, and it has net margins of 16.7%.

Key information

-3.2%

Earnings growth rate

-4.4%

EPS growth rate

Electric Utilities Industry Growth6.3%
Revenue growth rate6.2%
Return on equity11.6%
Net Margin16.7%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

Does Southern (NYSE:SO) Deserve A Spot On Your Watchlist?

Apr 18
Does Southern (NYSE:SO) Deserve A Spot On Your Watchlist?

Returns Are Gaining Momentum At Southern (NYSE:SO)

Mar 24
Returns Are Gaining Momentum At Southern (NYSE:SO)

Southern Company: How One Of The Best Utilities Could Return Over 10% Per Year

Mar 13

Southern (NYSE:SO) Use Of Debt Could Be Considered Risky

Mar 11
Southern (NYSE:SO) Use Of Debt Could Be Considered Risky

Is There An Opportunity With The Southern Company's (NYSE:SO) 22% Undervaluation?

Feb 13
Is There An Opportunity With The Southern Company's (NYSE:SO) 22% Undervaluation?

The Southern Company: Onboarding New Nuclear Plants

Feb 09

Southern Company: It's Almost Time To Buy This Proven 4%-Yielding Utility

Jan 25

The Southern Company's (NYSE:SO) P/E Still Appears To Be Reasonable

Jan 15
The Southern Company's (NYSE:SO) P/E Still Appears To Be Reasonable

Southern Company: The Pros And Cons Of A Stock And Bond Investment

Dec 21

Returns At Southern (NYSE:SO) Appear To Be Weighed Down

Dec 13
Returns At Southern (NYSE:SO) Appear To Be Weighed Down

The Southern Company: A Solid Company, But Still Overvalued

Nov 16

4%-Yielding Southern Company Is A Utility Gem

Nov 03

The Southern Company's (NYSE:SO) Intrinsic Value Is Potentially 41% Above Its Share Price

Nov 02
The Southern Company's (NYSE:SO) Intrinsic Value Is Potentially 41% Above Its Share Price

Southern Company: Hold This Stock For Stable Dividend Yield

Oct 11

Southern (NYSE:SO) Seems To Be Using A Lot Of Debt

Oct 06
Southern (NYSE:SO) Seems To Be Using A Lot Of Debt

Southern Company Looks Interesting Yielding Over 4%, Down 19% From Its Highs

Sep 29

Returns On Capital At Southern (NYSE:SO) Have Stalled

Sep 08
Returns On Capital At Southern (NYSE:SO) Have Stalled

Southern Company: Long-Term Buy For One Of The Sector's Best Regulatory Profiles

Aug 04

The Southern Company's (NYSE:SO) Intrinsic Value Is Potentially 53% Above Its Share Price

Jul 24
The Southern Company's (NYSE:SO) Intrinsic Value Is Potentially 53% Above Its Share Price

We Think Southern (NYSE:SO) Is Taking Some Risk With Its Debt

Jun 26
We Think Southern (NYSE:SO) Is Taking Some Risk With Its Debt

Even With End Of The Vogtle Saga, Southern Co. Is A Hold

Jun 26

Returns Are Gaining Momentum At Southern (NYSE:SO)

May 30
Returns Are Gaining Momentum At Southern (NYSE:SO)

Southern Company: A Solid Company With Bright Future, But Overvalued

May 23

Are Investors Undervaluing The Southern Company (NYSE:SO) By 39%?

Mar 20
Are Investors Undervaluing The Southern Company (NYSE:SO) By 39%?

Here's Why Southern (NYSE:SO) Has A Meaningful Debt Burden

Mar 06
Here's Why Southern (NYSE:SO) Has A Meaningful Debt Burden

Southern Company prices $1.5B in principal amount of convertible senior notes

Feb 24

Southern (NYSE:SO) Shareholders Will Want The ROCE Trajectory To Continue

Feb 20
Southern (NYSE:SO) Shareholders Will Want The ROCE Trajectory To Continue

The Southern Company Q4 2022 Earnings Preview

Feb 15

Southern Company: Favorable Outlook For 2023

Feb 09

Southern CO declares $0.68 dividend

Jan 20

Southern Company snags upgrade from Wolfe to top rating

Dec 12

The Southern Company's (NYSE:SO) Intrinsic Value Is Potentially 62% Above Its Share Price

Dec 12
The Southern Company's (NYSE:SO) Intrinsic Value Is Potentially 62% Above Its Share Price

Is Southern (NYSE:SO) A Risky Investment?

Nov 27
Is Southern (NYSE:SO) A Risky Investment?

Southern Company: Solid Dividend Stock That Will Likely Hold Up Well During Recession

Nov 10

Southern CO declares $0.68 dividend

Oct 18

Southern Company: Hold Until Interest Rates Peak

Oct 07

What Makes Southern Company's High Yield So Special

Sep 05

These 4 Measures Indicate That Southern (NYSE:SO) Is Using Debt Extensively

Aug 23
These 4 Measures Indicate That Southern (NYSE:SO) Is Using Debt Extensively

Revenue & Expenses Breakdown
Beta

How Southern makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:SO Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2425,4194,243-6160
31 Dec 2325,2533,976-5950
30 Sep 2326,2553,035-6060
30 Jun 2327,6533,085-6200
31 Mar 2329,1113,354-6380
31 Dec 2229,2793,524-6560
30 Sep 2227,9993,396-6340
30 Jun 2225,8593,024-6120
31 Mar 2223,8512,290-5900
31 Dec 2123,1132,393-5690
30 Sep 2122,4632,995-5310
30 Jun 2121,8453,147-4920
31 Mar 2121,2673,386-4550
31 Dec 2020,3753,119-4150
30 Sep 2020,1723,173-3780
30 Jun 2020,5473,237-3420
31 Mar 2021,0253,523-3030
31 Dec 1921,4194,739-2670
30 Sep 1921,8424,576-2590
30 Jun 1922,0064,424-2510
31 Mar 1922,5353,372-3020
31 Dec 1823,4952,226-2350
30 Sep 1823,7862,443-1760
30 Jun 1823,8282,349-1170
31 Mar 1823,6321,12200
31 Dec 1723,031842-2350
30 Sep 1722,58454400
30 Jun 1722,64761300
31 Mar 1721,6752,61700
31 Dec 1619,8962,44800
30 Sep 1618,2832,52200
30 Jun 1617,4202,34100
31 Mar 1617,2982,34800
31 Dec 1517,4892,36700
30 Sep 1517,9382,37900
30 Jun 1517,8762,13900
31 Mar 1518,0062,12000
31 Dec 1418,4671,96300
30 Sep 1418,3772,09400
30 Jun 1418,0552,22800
31 Mar 1417,8341,91400
31 Dec 1317,0871,64400
30 Sep 1316,8631,61300
30 Jun 1316,8951,73700

Quality Earnings: SO has high quality earnings.

Growing Profit Margin: SO's current net profit margins (16.7%) are higher than last year (11.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SO's earnings have declined by 3.2% per year over the past 5 years.

Accelerating Growth: SO's earnings growth over the past year (26.5%) exceeds its 5-year average (-3.2% per year).

Earnings vs Industry: SO earnings growth over the past year (26.5%) exceeded the Electric Utilities industry 6.1%.


Return on Equity

High ROE: SO's Return on Equity (11.6%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.