OverviewSuggest Edit

Southern Company is a company that is engaged in the generation, transmission, and distribution of electricity operating natural gas distribution and electric utilities. It operates in four segments: Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing Services. The company also constructs, acquires, owns, and manages power generation assets, including renewable energy facilities, and sells electricity in the wholesale market, as well as distributes natural gas. Additionally, Southern Company provides fiber optics and wireless communications.

TypePublic
Founded1945
HQAtlanta, US
Websitesoutherncompany.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2019)27,943(-4%)
Job Openings55
Revenue (FY, 2019)$21.4 B(-8%)
Share Price (Aug 2020)$53.9
Cybersecurity ratingBMore

Key People/Management at Southern Company

Thomas A. Fanning

Thomas A. Fanning

Chairman of the Board, President and Chief Executive Officer
W. Paul Bowers

W. Paul Bowers

Chairman, President and Chief Executive Officer, Georgia Power Company
Mark A. Crosswhite

Mark A. Crosswhite

Chairman, President and Chief Executive Officer, Alabama Power Company
Mark S. Lantrip

Mark S. Lantrip

Chairman, President and Chief Executive Officer, Southern Company Services
Anthony L. Wilson

Anthony L. Wilson

Chairman, President and Chief Executive Officer, Mississippi Power
Kimberly S. Greene

Kimberly S. Greene

Chairman, President and Chief Executive Officer, Southern Company Gas
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Southern Company Office Locations

Southern Company has an office in Atlanta
Atlanta, US (HQ)
30 Ivan Allen Jr Blvd NW
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Southern Company Financials and Metrics

Southern Company Revenue

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View revenue for all periods
Southern Company's revenue was reported to be $21.42 b in FY, 2019 which is a 8.8% decrease from the previous period.
USD

Revenue (Q2, 2020)

4.6b

Gross profit (Q2, 2020)

4.5b

Gross profit margin (Q2, 2020), %

96.9%

Net income (Q2, 2020)

621.0m

EBIT (Q2, 2020)

1.1b

Market capitalization (6-Aug-2020)

56.9b

Closing stock price (6-Aug-2020)

53.9

Cash (30-Jun-2020)

1.9b

EV

105.3b
Southern Company's current market capitalization is $56.9 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

19.9b23.0b23.5b21.4b

Revenue growth, %

14%16%2%(9%)

Cost of goods sold

6.0b7.4b8.0b6.2b

Gross profit

13.9b15.7b15.5b15.2b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

5.8b5.4b6.2b6.4b5.6b6.2b5.4b5.1b6.0b5.0b4.6b

Cost of goods sold

2.0b1.6b1.8b2.4b1.8b1.8b1.8b1.4b1.5b439.0m144.0m

Gross profit

3.8b3.8b4.4b4.0b3.8b4.4b3.6b3.7b4.5b4.6b4.5b

Gross profit Margin, %

66%70%72%63%67%71%66%73%75%91%97%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

2.0b2.1b1.4b2.0b

Accounts Receivable

1.6b1.8b1.7b1.6b

Prepaid Expenses

364.0m452.0m432.0m314.0m

Inventories

2.8b2.6b2.4b2.4b
Quarterly
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

2.5b926.0m2.3b4.7b

Depreciation and Amortization

2.9b3.5b3.5b3.3b

Inventories

(48.0m)72.0m172.0m(76.0m)

Accounts Payable

301.0m(280.0m)291.0m(693.0m)
USDQ1, 2016

Debt/Equity

1.3 x

Debt/Assets

0.4 x

Financial Leverage

3.5 x
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Southern Company Operating Metrics

FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019FY, 2019

Total Generation output, TW

188 44 49 54 194 48 49 56 200 43 46

Power Purchased, MWh

50 m4 m3 m6 m20 m5 m5 m6 m40 m4 m4 m

Length Of Natural Gas Pipelines, miles

81.60 k82 k75.20 k75.59 k

Hydroelectric Generating Stations

33 33 33
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Southern Company Acquisitions / Subsidiaries

Company NameDateDeal Size
Mankato Energy Center, LLCOctober 31, 2016
PowerSecure International, IncFebruary 24, 2016$431 m
AGL ResourcesAugust 24, 2015$12 b
Adobe Solar, LLC
Alabama Power
Alabama Power Capital Trust V
Alabama Property Company
Apex Nevada Solar, LLC
Atlanta Gas Light Company
Bethel Wind Farm Class B Holdings LLC
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Southern Company Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

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Southern Company Revenue Breakdown

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Southern Company revenue breakdown by business segment: 17.2% from Southern Company Gas, 70.8% from Traditional Electric Operating Companies, 8.8% from Southern Power and 3.1% from Other

Southern Company Online and Social Media Presence

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Southern Company News and Updates

Southern Company reports second-quarter 2020 earnings

ATLANTA, July 30, 2020 /PRNewswire/ -- Southern Company today reported second-quarter 2020 earnings of $612 million, or 58 cents per share, compared with $899 million, or 86 cents per share, in the second quarter of 2019. For the six months ended June 30, 2020, Southern Company reported...

Southern Company first-quarter earnings to be released April 30

ATLANTA, April 8, 2020 /PRNewswire/ -- Southern Company plans to release its earnings for the first quarter of 2020 by 7:30 a.m. EDT on Thursday, April 30th. Chairman, president and CEO Thomas A. Fanning and CFO Andrew W. Evans will discuss earnings during a conference call for financial...

Southern Company reports fourth-quarter and full-year 2019 earnings

ATLANTA, Feb. 20, 2020 /PRNewswire/ -- Southern Company today reported fourth-quarter 2019 earnings of $440 million, or 42 cents per share, compared with $278 million, or 27 cents per share, in the fourth quarter of 2018. Southern Company also reported full-year 2019 earnings of $4.74...

Southern Company reports third-quarter 2019 earnings

ATLANTA, Oct. 30, 2019 /PRNewswire/ -- Southern Company today reported third-quarter 2019 earnings of $1.32 billion, or $1.26 per share, compared with $1.16 billion, or $1.14 per share, in the third quarter of 2018. For the nine months ended September 30, 2019, Southern Company reported...

Leaders from Sempra Energy, Southern Company, U.S. Cyber Command, Idaho National Lab Join Unprecedented Speaker Line-up at 2019 CyberCon Cybersecurity Power & Utilities Conference

HOUSTON, Aug. 22, 2019 /PRNewswire/ -- CyberCon 2019, a solutions-based conference and exhibition addressing the growing concern over the frequency and sophistication of cyber-attacks and the exposure the U.S. power grid faces, today announced several additional sought-after cybersecurity...

Southern Company announces pricing of equity units

ATLANTA, Aug. 13, 2019 /PRNewswire/ -- Southern Company (NYSE: SO) today announced it has priced its offering of 30 million 2019 Series A Equity Units. Each 2019 Series A Equity Unit will be issued in a stated amount of $50 ($1.50 billion aggregate stated amount) and will consist of a...
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Southern Company Frequently Asked Questions

  • When was Southern Company founded?

    Southern Company was founded in 1945.

  • Who are Southern Company key executives?

    Southern Company's key executives are Thomas A. Fanning, W. Paul Bowers and Mark A. Crosswhite.

  • How many employees does Southern Company have?

    Southern Company has 27,943 employees.

  • What is Southern Company revenue?

    Latest Southern Company annual revenue is $21.4 b.

  • What is Southern Company revenue per employee?

    Latest Southern Company revenue per employee is $766.5 k.

  • Who are Southern Company competitors?

    Competitors of Southern Company include CenterPoint Energy, Entergy and NextEra Energy.

  • Where is Southern Company headquarters?

    Southern Company headquarters is located at 30 Ivan Allen Jr Blvd NW, Atlanta.

  • Where are Southern Company offices?

    Southern Company has an office in Atlanta.

  • How many offices does Southern Company have?

    Southern Company has 1 office.