Company / Operating Income
Southern Company Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$7.3B
FY2025
5-year range
$3.7B / $7.3B
FY2021-FY2025
Trend
+3.1%
vs FY2024
Sector context
#5 of 71
Utilities
What the data says
Among 71 Utilities companies, Southern Company is in the top 7% for operating income. Operating Income has increased for 4 consecutive years, from $3.7B in FY2021 to $7.3B in FY2025.
Based on SEC 10-K filings.
$7.3B in FY2025 with a 5-year CAGR of +8.3%. Top quartile in the Utilities sector.
Improved from $5.8B to $7.3B over the past 2 years.
Utilities sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- +10.7%
- 5-Year CAGR
- +8.3%
- 10-Year CAGR
- -
Sector benchmark
Top 7% in UtilitiesTop 7% of 71This company $7.3B Sector average $2.0B
▼
+269.6% above sector average
Key checks
Key Insights
- Southern Company's operating income has grown for 4 consecutive years.
- 5-year CAGR of +8.3%, indicating consistent growth.
- In FY2025, operating income increased 3.1% year-over-year.
- Ranks #5 out of 71 companies in the Utilities sector.
Company context
Key Data Points
- Altman Z-Score 0.51 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $7.3B | +3.1% |
| FY2024 | $7.1B | +21.3% |
| FY2023 | $5.8B | +8.5% |
| FY2022 | $5.4B | +45.2% |
| FY2021 | $3.7B | -24.3% |
| FY2020 | $4.9B | -36.9% |
| FY2019 | $7.7B | +84.6% |
| FY2018 | $4.2B | +79.6% |
| FY2017 | $2.3B | -48.0% |
| FY2016 | $4.5B | +4.8% |
As of FY2025 · SEC 10-K · Updated Mar 14, 2026