SOUTHERN CO Net Income 2007-2025 | SO
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What is net income?
Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.
What is SOUTHERN CO's current net income?
SOUTHERN CO (SO) annual net income for 2024 was $4.26B, a 10.68% increase from 2023. SOUTHERN CO net income for the quarter ending September 30, 2025 was $1.71B.
What was SOUTHERN CO's net income in 2023?
SOUTHERN CO annual net income for 2023 was $3.85B, a 12.28% increase from 2022.
What was SOUTHERN CO's net income in 2022?
SOUTHERN CO annual net income for 2022 was $3.43B, a 48.46% increase from 2021.
What is SOUTHERN CO's 5-year net income CAGR?
SOUTHERN CO net income grew at a compound annual growth rate (CAGR) of 2.13% from FY2019 to FY2024, going from $4.74B to $4.26B over 5 years.
Net Income History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR-2.1%
FY2019
$4.74B
→
FY2024
$4.26B
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5 years selected
Net Income History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2024 | $4.26B | +10.7% | 10-K |
| FY2023 | $3.85B | +12.3% | 10-K |
| FY2022 | $3.43B | +48.5% | 10-K |
| FY2021 | $2.31B | -25.6% | 10-K |
| FY2020 | $3.10B | -34.6% | 10-K |
| FY2019 | $4.74B | +106.3% | 10-K |
| FY2018 | $2.30B | +148.4% | 10-K |
| FY2017 | $926.0M | -63.4% | 10-K |
| FY2016 | $2.53B | +3.9% | 10-K |
| FY2015 | $2.44B | +19.9% | 10-K |
| FY2014 | $2.03B | +18.8% | 10-K |
| FY2013 | $1.71B | -29.2% | 10-K |
| FY2012 | $2.42B | +6.5% | 10-K |
| FY2011 | $2.27B | +11.2% | 10-K |
| FY2010 | $2.04B | +19.4% | 10-K |
| FY2009 | $1.71B | -5.5% | 10-K |
| FY2008 | $1.81B | +1.4% | 10-K |
| FY2007 | $1.78B | - | 10-K |