The Southern Company
SOFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
26,724
Cost of Revenue
13,382
Gross Profit
13,342
Gross Margin
49.9%
Operating Income
7,068
Operating Margin
26.4%
Net Income
4,401
Net Margin
16.5%
EPS (Basic)
$4.02
EPS (Diluted)
$3.99
EBITDA
13,238
EBITDA Margin
49.5%
2023
12/31/2023
Revenue
25,253
Cost of Revenue
13,545
Gross Profit
11,708
Gross Margin
46.4%
Operating Income
5,826
Operating Margin
23.1%
Net Income
3,976
Net Margin
15.7%
EPS (Basic)
$3.64
EPS (Diluted)
$3.62
EBITDA
11,777
EBITDA Margin
46.6%
2022
12/31/2022
Revenue
29,279
Cost of Revenue
18,652
Gross Profit
10,627
Gross Margin
36.3%
Operating Income
5,370
Operating Margin
18.3%
Net Income
3,535
Net Margin
12.1%
EPS (Basic)
$3.28
EPS (Diluted)
$3.26
EBITDA
10,309
EBITDA Margin
35.2%
2021
12/31/2021
Revenue
23,113
Cost of Revenue
12,866
Gross Profit
10,247
Gross Margin
44.3%
Operating Income
3,698
Operating Margin
16.0%
Net Income
2,408
Net Margin
10.4%
EPS (Basic)
$2.26
EPS (Diluted)
$2.26
EBITDA
8,386
EBITDA Margin
36.3%
2020
12/31/2020
Revenue
20,375
Cost of Revenue
10,478
Gross Profit
9,897
Gross Margin
48.6%
Operating Income
4,885
Operating Margin
24.0%
Net Income
3,134
Net Margin
15.4%
EPS (Basic)
$2.95
EPS (Diluted)
$2.95
EBITDA
9,222
EBITDA Margin
45.3%