Southern Historical Income Statement

SO Stock  USD 71.05  1.78  2.57%   
Historical analysis of Southern income statement accounts such as EBITDA of 6.7 B, Net Income of 4.2 B or Income Tax Expense of 456.7 M can show how well Southern Company performed in making a profits. Evaluating Southern income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Southern's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Southern latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Southern is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

About Southern Income Statement Analysis

Southern Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Southern shareholders. The income statement also shows Southern investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Southern Income Statement Chart

Southern Company Income Statement is one of the three primary financial statements used for reporting Southern's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Southern revenue and expense. Southern Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Southern's Net Income is very stable compared to the past year. As of the 28th of March 2024, Depreciation And Amortization is likely to grow to about 5.2 B, while Total Revenue is likely to drop about 15.6 B.

Total Revenue

Total revenue comprises all receipts Southern generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Southern Company minus its cost of goods sold. It is profit before Southern operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Southern operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Southern Company is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Southern's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Southern current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
At this time, Southern's Net Income is very stable compared to the past year. As of the 28th of March 2024, Depreciation And Amortization is likely to grow to about 5.2 B, while Total Revenue is likely to drop about 15.6 B.
 2021 2022 2023 2024 (projected)
Gross Profit10.1B10.8B11.7B8.3B
Total Revenue23.1B29.3B25.3B15.6B

Southern income statement Correlations

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0.570.790.630.70.67-0.040.680.620.480.460.350.55-0.12-0.70.480.690.72-0.2-0.250.78-0.660.71-0.28
0.420.450.30.330.670.490.680.690.320.41-0.010.830.19-0.470.610.880.74-0.120.110.56-0.650.53-0.34
0.29-0.11-0.14-0.16-0.040.49-0.090.050.140.35-0.410.740.210.430.290.41-0.090.160.56-0.180.2-0.270.16
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0.340.240.470.470.550.830.740.220.270.160.32-0.280.15-0.210.590.850.32-0.020.510.21-0.170.11-0.08
-0.23-0.17-0.020.04-0.120.190.21-0.050.07-0.23-0.21-0.190.150.150.180.010.050.160.27-0.08-0.13-0.040.49
-0.16-0.53-0.56-0.58-0.7-0.470.43-0.6-0.5-0.19-0.09-0.36-0.210.15-0.48-0.57-0.690.430.28-0.680.69-0.560.51
0.470.580.160.180.480.610.290.440.520.450.40.410.590.18-0.480.750.45-0.280.090.55-0.450.13-0.27
0.370.450.50.490.690.880.410.50.50.270.330.010.850.01-0.570.750.57-0.080.260.5-0.450.29-0.35
0.50.690.170.240.720.74-0.090.940.870.530.490.450.320.05-0.690.450.57-0.27-0.430.84-0.950.88-0.42
-0.08-0.19-0.09-0.1-0.2-0.120.16-0.23-0.18-0.11-0.06-0.21-0.020.160.43-0.28-0.08-0.270.16-0.240.34-0.230.26
-0.43-0.610.340.26-0.250.110.56-0.62-0.6-0.55-0.37-0.790.510.270.280.090.26-0.430.16-0.650.58-0.590.4
0.720.940.110.20.780.56-0.180.910.920.750.640.770.21-0.08-0.680.550.50.84-0.24-0.65-0.880.74-0.44
-0.48-0.72-0.07-0.16-0.66-0.650.2-0.96-0.92-0.53-0.44-0.56-0.17-0.130.69-0.45-0.45-0.950.340.58-0.88-0.860.4
0.410.630.180.280.710.53-0.270.860.740.420.370.420.11-0.04-0.560.130.290.88-0.23-0.590.74-0.86-0.38
-0.13-0.340.040.05-0.28-0.340.16-0.49-0.43-0.15-0.05-0.34-0.080.490.51-0.27-0.35-0.420.260.4-0.440.4-0.38
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Southern Account Relationship Matchups

Southern income statement Accounts

201920202021202220232024 (projected)
Total Revenue21.4B20.4B23.1B29.3B25.3B15.6B
Gross Profit9.6B9.9B10.1B10.8B11.7B8.3B
Operating Income5.7B4.9B3.7B5.4B5.8B3.6B
Ebit5.7B4.9B3.7B5.4B6.5B3.6B
Ebitda8.8B8.8B7.6B9.9B11.5B6.7B
Net Income4.8B3.1B2.4B3.5B4.0B4.2B
Income Tax Expense1.8B393M267M795M496M456.7M
Depreciation And Amortization3.0B3.9B3.9B4.5B5.0B5.2B
Interest Expense1.7B1.8B1.8B2.0B2.4B2.6B
Other Operating Expenses16.1B15.6B19.6B23.7B19.4B13.9B
Cost Of Revenue11.8B10.5B13.1B18.5B13.5B9.5B
Total Operating Expenses4.3B5.1B6.5B5.3B5.9B4.4B
Income Before Tax6.5B3.5B2.6B4.2B4.3B2.9B
Total Other Income Expense Net793M(1.4B)(1.1B)(1.1B)965M1.0B
Net Income Applicable To Common Shares4.7B3.1B2.4B3.5B4.1B2.2B
Selling General Administrative3.8B1.2B1.3B1.4B1.6B1.1B
Net Income From Continuing Ops4.7B3.1B2.3B3.4B2.9B2.8B
Non Operating Income Net Other542M432M715M875M1.0B1.1B
Minority Interest(10M)(31M)(99M)(107M)120M114M
Tax Provision1.8B393M267M795M396M567.6M
Interest Income1.6B1.7B1.8B1.9B2.2B1.7B
Net Interest Income(1.7B)(1.8B)(1.8B)(2.0B)(2.4B)(2.5B)
Reconciled Depreciation3.3B3.9B4.0B4.1B4.7B4.2B

Southern Investors Sentiment

The influence of Southern's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Southern. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Southern's public news can be used to forecast risks associated with an investment in Southern. The trend in average sentiment can be used to explain how an investor holding Southern can time the market purely based on public headlines and social activities around Southern Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Southern's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Southern's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Southern's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Southern.

Southern Implied Volatility

    
  75.56  
Southern's implied volatility exposes the market's sentiment of Southern Company stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Southern's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Southern stock will not fluctuate a lot when Southern's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Southern in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Southern's short interest history, or implied volatility extrapolated from Southern options trading.

Currently Active Assets on Macroaxis

When determining whether Southern offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Southern's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Southern Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southern Company Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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Is Southern's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southern. If investors know Southern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southern listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
2.78
Earnings Share
3.62
Revenue Per Share
23.125
Quarterly Revenue Growth
(0.14)
The market value of Southern is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern's value that differs from its market value or its book value, called intrinsic value, which is Southern's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southern's market value can be influenced by many factors that don't directly affect Southern's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.