OverviewSuggest Edit

Georgia Power operates as an electricity generator. The company offers its services to residents and businesses.
TypePublic
Founded1988
HQLakemont, GA, US
Websitegeorgiapower.com
Employee Ratings3.9

Latest Updates

Revenue (FY, 2020)$20.4 B(-4%)
Share Price (Jun 2021)$27.4
Cybersecurity ratingAMore

Key People/Management at Georgia Power

Charles Tarbutton

Charles Tarbutton

Treasurer and Director
Meredith Lackey

Meredith Lackey

Executive Vice President, External Affairs and Nuclear Development
Chris Womack

Chris Womack

President
Paul Bowers

Paul Bowers

Chairman, President & CEO
Mike Anderson

Mike Anderson

Senior Vice President, Georgia Power Foundation & Charitable Giving
Sloane Drake

Sloane Drake

Senior Vice President of Human Resources
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Georgia Power Office Locations

Georgia Power has offices in Lakemont, Eatonton and Jackson
Lakemont, GA, US (HQ)
4 Seed Lake Rd
Eatonton, GA, US
125 Wallace Dam Rd
Jackson, GA, US
180 Dam Rd
Show all (4)

Georgia Power Financials and Metrics

Georgia Power Revenue

Georgia Power's revenue was reported to be $20.38 b in FY, 2020
USD

Revenue (FY, 2020)

20.4b

Net income (FY, 2020)

3.1b

EBIT (FY, 2020)

4.9b

Market capitalization (18-Jun-2021)

253.7m

Closing stock price (18-Jun-2021)

27.4

Cash (31-Dec-2020)

1.1b

EV

51.5b
Georgia Power's current market capitalization is $253.7 m.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

17.5b17.7b16.5b17.1b18.5b17.5b19.9b23.0b23.5b21.4b20.4b

Depreciation and amortization

2.9b3.6b3.5b3.3b

EBIT

3.8b4.2b4.5b3.3b3.6b4.3b4.6b2.6b4.2b7.7b4.9b

EBIT margin, %

22%24%27%19%20%24%23%11%18%36%24%
Quarterly
USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

4.2b4.2b5.3b4.0b4.5b5.4b3.6b4.2b5.0b3.9b4.2b5.0b4.6b4.5b5.3b4.2b4.3b5.4b4.0b4.5b6.3b5.8b5.4b6.2b6.4b5.6b6.2b5.4b5.1b6.0b5.0b4.6b4.2b

Cost of goods sold

439.0m144.0m

Gross profit

4.6b4.5b

Gross profit Margin, %

91%97%
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

447.0m1.3b628.0m659.0m710.0m1.4b2.0b2.1b1.4b2.0b1.1b

Accounts Receivable

1.1b1.1b961.0m1.0b1.1b1.1b1.6b1.8b1.7b1.6b1.8b

Prepaid Expenses

784.0m385.0m657.0m489.0m665.0m495.0m364.0m452.0m432.0m314.0m276.0m

Inventories

631.0m595.0m524.0m479.0m460.0m
USDQ1, 2010

Financial Leverage

3.3 x
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Georgia Power Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Georgia Power Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Georgia Power Online and Social Media Presence

Embed Graph

Georgia Power News and Updates

Georgia Power crews responding to scattered outages as remnants of Tropical Storm Claudette bring heavy rains, gusty winds to state

ATLANTA, June 20, 2021 /PRNewswire/ -- Georgia Power crews are responding to scattered outages this morning as a result of heavy rain and gusty winds overnight associated with the remnants of Tropical Storm Claudette. Approximately 5,000 customers are currently without power as the...

Chris Womack named chairman and CEO of Georgia Power

ATLANTA, May 26, 2021 /PRNewswire/ -- Georgia Power today announced that Chris Womack will assume the roles of chairman and CEO, effective June 1. He will now officially lead the company as chairman, president and CEO. Womack succeeds Georgia Power Chairman and CEO Paul Bowers; whose...

Georgia Power reminds customers to call 811 before they dig

ATLANTA, April 30, 2021 /PRNewswire/ -- As Safe Digging Month ends, Georgia Power reminds businesses and residents alike to continue doing their part to prevent dangerous and disruptive accidents by contacting Georgia 811 before digging this spring and throughout the year. Georgia Power...

Georgia Power Plans to Add 2,260 MW of Renewables by 2025

On National Solar Appreciation Day, Georgia Power announced that it is adding 2,260 megawatts (MW) of renewables to its energy mix by 2025. The company noted that solar is expected to make up a majority of its renewable resource growth and that currently it has more than 2,500 MW of renewable resour…

Georgia Power signs on to Metro Atlanta Chamber's Atl Action for Racial Equity initiative

ATLANTA, Feb. 9, 2021 /PRNewswire/ -- Today, Georgia Power signed on to the Metro Atlanta Chamber's (MAC's) "Atl Action for Racial Equity" initiative to elevate diversity, equity and inclusion in the business community, while honoring the city's civil rights history. Through today's...

9:30 a.m. Update: Power restored to more than 95% of Georgia Power customers impacted by Hurricane Zeta

ATLANTA, Nov. 1, 2020 /PRNewswire/ -- As of last night, Georgia Power has restored power to more than 95% of customers, approximately 785,000, impacted by Hurricane Zeta. In addition to Georgia Power crews, the company has contractor personnel from out-of-state utilities working with...
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Georgia Power Frequently Asked Questions

  • When was Georgia Power founded?

    Georgia Power was founded in 1988.

  • Who are Georgia Power key executives?

    Georgia Power's key executives are Charles Tarbutton, Meredith Lackey and Chris Womack.

  • What is Georgia Power revenue?

    Latest Georgia Power annual revenue is $20.4 b.

  • Who are Georgia Power competitors?

    Competitors of Georgia Power include Taipower, Alectra Utilities and Kot Addu Power Company.

  • Where is Georgia Power headquarters?

    Georgia Power headquarters is located at 4 Seed Lake Rd, Lakemont.

  • Where are Georgia Power offices?

    Georgia Power has offices in Lakemont, Eatonton and Jackson.

  • How many offices does Georgia Power have?

    Georgia Power has 4 offices.