Sector: Utilities | Industry: Electric Utilities |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 30 Ivan Allen Jr. Blvd., N.W. ATLANTA GA 30308 |
Tel: | N/A |
Website: | https://www.southerncompany.com |
IR: | See website |
Key People | ||
Christopher C. Womack Executive Chairman of the Board, President, Chief Executive Officer | Bryan D. Anderson Executive Vice President, President - External Affairs | Daniel S. Tucker Chief Financial Officer, Executive Vice President |
Kimberly S. Greene Chairman, President and Chief Executive Officer of Southern Company Gas | Stephen E. Kuczynski Chairman and Chief Executive Officer of Southern Nuclear | J. Jeffrey Peoples Chairman, President, and Chief Executive Officer of Alabama Power |
Anthony L. Wilson Chairman, President and Chief Executive Officer of Mississippi Power | Martin Bernard Davis Executive Vice President, Chief Information Officer | James Y. Kerr Executive Vice President, Chief Legal Officer, Chief Compliance Officer | Sterling A. Spainhour Executive Vice President, Chief Compliance Officer, Chief Legal Officer |
Business Overview |
The Southern Company is an energy provider. The Company owns three traditional electric operating companies, Southern Power Company and Southern Company Gas. The traditional electric operating companies - Alabama Power, Georgia Power and Mississippi Power - are each operating public utility companies providing electric service to retail customers in three Southeastern states in addition to wholesale customers in the Southeast. The Southern Power Company develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects, and sells electricity at market-based rates in the wholesale market. The Southern Company Gas is an energy services holding company whose primary business is the distribution of natural gas in four states - Illinois, Georgia, Virginia, and Tennessee - through the natural gas distribution utilities. Southern Company Gas is also involved in several other businesses that are complementary to the distribution of natural gas. |
Financial Overview |
For the fiscal year ended 31 December 2023, Southern Co revenues decreased 14% to $25.25B. Net income applicable to common stockholders increased 13% to $3.98B. Revenues reflect Traditional Electric Operating Companies segment decrease of 10% to $18.36B, Southern Company Gas segment decrease of 21% to $4.7B. Net Income benefited from Fuel decrease of 36% to $4.37B (expense), Cost of Natural Gas decrease of 45% to $1.64B (expense). |
Employees: | 28,100 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $138,769M as of Dec 31, 2023 |
Annual revenue (TTM): | $25,253M as of Dec 31, 2023 |
EBITDA (TTM): | $10,701M as of Dec 31, 2023 |
Net annual income (TTM): | $3,977M as of Dec 31, 2023 |
Free cash flow (TTM): | -$4,577M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $61,252M as of Dec 31, 2023 |
Shares outstanding: | 1,091,015,113 as of Jan 31, 2024 |
Index Membership: | S&P 500, Dow Utility |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |