Southern Income Statement Research

SO Stock  USD 73.91  0.66  0.90%   
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 Southern Valuation and Southern Correlation analysis.
  
At this time, Southern's Net Income is very stable compared to the past year. As of the 25th of April 2024, Depreciation And Amortization is likely to grow to about 5.2 B, while Total Revenue is likely to drop about 15.6 B.
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 Southern Valuation and Southern Correlation analysis.
At this time, Southern's Net Income is very stable compared to the past year. As of the 25th of April 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

0.83-0.16-0.090.570.420.290.620.70.970.980.620.34-0.23-0.160.470.370.5-0.08-0.430.72-0.480.41-0.13
0.830.120.20.790.45-0.110.790.810.840.720.820.24-0.17-0.530.580.450.69-0.19-0.610.94-0.720.63-0.34
-0.160.120.990.630.3-0.14-0.01-0.13-0.27-0.23-0.260.47-0.02-0.560.160.50.17-0.090.340.11-0.070.180.04
-0.090.20.990.70.33-0.160.07-0.04-0.2-0.18-0.190.470.04-0.580.180.490.24-0.10.260.2-0.160.280.05
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
0.620.79-0.010.070.680.68-0.090.960.660.590.60.22-0.05-0.60.440.50.94-0.23-0.620.91-0.960.86-0.49
0.70.81-0.13-0.040.620.690.050.960.730.670.630.270.07-0.50.520.50.87-0.18-0.60.92-0.920.74-0.43
0.970.84-0.27-0.20.480.320.140.660.730.960.740.16-0.23-0.190.450.270.53-0.11-0.550.75-0.530.42-0.15
0.980.72-0.23-0.180.460.410.350.590.670.960.520.32-0.21-0.090.40.330.49-0.06-0.370.64-0.440.37-0.05
0.620.82-0.26-0.190.35-0.01-0.410.60.630.740.52-0.28-0.19-0.360.410.010.45-0.21-0.790.77-0.560.42-0.34
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
Click cells to compare fundamentals

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
Interest Expense1.7B1.8B1.8B2.0B2.4B2.6B
Cost Of Revenue11.8B10.5B13.1B18.5B13.5B9.5B
Income Before Tax6.5B3.5B2.6B4.2B4.3B2.9B
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)

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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 Southern Valuation and Southern Correlation analysis.
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When running Southern's price analysis, check to measure Southern's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southern is operating at the current time. Most of Southern's value examination focuses on studying past and present price action to predict the probability of Southern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern's price. Additionally, you may evaluate how the addition of Southern to your portfolios can decrease your overall portfolio volatility.
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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.