S
SO
SOReviewed9 segments tracked|6 years of data|Annual (10-K)
Total Revenue
$56.2B19.7%
FY2024
Operating Segments
9Active segments
Blended Margin
0.0%Operating margin
Highest Margin
0.0%Traditional Electric Operating Companies
Segment Shift
Traditional Electric Operating Companies has grown from 0.0% to 35.5% of total revenue since FY2019, with 0.0% operating margins. Meanwhile, Electric Utilities is the fastest growing at +8.9% YoY.
Segment Revenue Over Time
Revenue Mix
Segment Breakdown — FY2024
| Segment | Revenue | Op. Income | Margin | % of Total | YoY |
|---|---|---|---|---|---|
| Traditional Electric Operating Companies | $20.0B | $0 | 0.0% | 35.5% | +8.8% |
| Electric Utilities | $17.8B | $0 | 0.0% | 31.6% | +8.9% |
| Reportable | $7.6B | $0 | 0.0% | 13.4% | +0.0% |
| Southern Company Gas | $4.5B | $0 | 0.0% | 7.9% | -5.2% |
| Gas Distribution Operations | $3.9B | $0 | 0.0% | 6.9% | -5.0% |
| Southern Power | $2.0B | $0 | 0.0% | 3.6% | -8.0% |
| Gas Marketing Services | $516M | $0 | 0.0% | 0.9% | -5.8% |
| Gas Pipeline Investments | $32M | $0 | 0.0% | 0.1% | +0.0% |
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