Southern Company

OverviewSuggest Edit

Southern Company is a company engaged in the generation, transmission, and distribution of electricity operating natural gas distribution and electric utilities. It operates through three segments: Gas Distribution Operations, Gas Pipeline Investments, 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, GA, US
Websitesoutherncompany.com
Employee Ratings4.1
Overall CultureA-

Latest Updates

Employees (est.) (Dec 2021)27,300(-1%)
Job Openings266
Revenue (FY, 2021)$23.1 B(+14%)
Share Price (Jun 2022)$69.8
Cybersecurity ratingCMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Southern Company

Thomas A. Fanning

Thomas A. Fanning

Chairman of the Board, President and Chief Executive Officer
Mark A. Crosswhite

Mark A. Crosswhite

Chairman, President and Chief Executive Officer, Alabama Power Company
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
Stephen Kuczynski

Stephen Kuczynski

Chairman, President and Chief Executive Officer, Southern Nuclear Operating Company
Bryan Anderson

Bryan Anderson

Executive Vice President and President of External Affairs, Southern Company
Show more

Southern Company Office Locations

Southern Company has an office in Atlanta
Atlanta, GA, US (HQ)
30 Ivan Allen Jr Blvd NW
Show all (1)

Southern Company Financials and Metrics

Southern Company Revenue

Embed Graph
View revenue for all periods
Southern Company's revenue was reported to be $23.11 b in FY, 2021 which is a 13.4% increase from the previous period.
USD

Revenue (Q1, 2022)

6.6b

Gross profit (Q1, 2022)

4.1b

Gross profit margin (Q1, 2022), %

62.3%

Net income (Q1, 2022)

991.0m

EBIT (Q1, 2022)

1.4b

Market capitalization (24-Jun-2022)

74.0b

Closing stock price (24-Jun-2022)

69.8

Cash (31-Mar-2022)

1.7b

EV

128.7b
Southern Company's current market capitalization is $74 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

21.4b20.4b23.1b

Revenue growth, %

(9%)(5%)13%

Cost of goods sold

6.2b5.1b7.0b

Gross profit

15.2b15.3b16.1b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

5.0b4.6b5.6b5.9b5.2b6.2b6.6b

Cost of goods sold

1.3b1.0b1.3b1.7b1.4b1.7b2.5b

Gross profit

3.7b3.6b4.3b4.2b3.8b4.5b4.1b

Gross profit Margin, %

74%78%77%71%73%72%62%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

2.0b1.1b1.8b

Accounts Receivable

1.6b1.8b1.8b

Prepaid Expenses

314.0m276.0m330.0m

Inventories

2.4b2.5b2.4b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

1.4b1.4b2.9b2.2b1.9b3.4b1.8b1.6b2.1b1.7b

Accounts Receivable

1.7b1.7b1.8b1.6b1.6b1.8b1.7b1.7b1.8b2.0b

Prepaid Expenses

786.0m543.0m279.0m667.0m502.0m299.0m657.0m538.0m329.0m739.0m

Inventories

2.1b2.1b2.3b2.2b2.4b2.5b2.2b2.1b2.3b2.1b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

4.7b3.1b2.3b

Depreciation and Amortization

3.3b3.9b4.0b

Inventories

(76.0m)(90.0m)(551.0m)

Accounts Payable

(693.0m)(27.0m)(8.0m)
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

841.0m1.5b2.7b1.1b1.5b2.6b991.0m

Depreciation and Amortization

949.0m1.9b2.9b964.0m1.9b2.9b989.0m

Inventories

246.0m356.0m17.0m(31.0m)(256.0m)(673.0m)(68.0m)

Accounts Payable

(504.0m)(467.0m)(428.0m)(216.0m)(177.0m)(45.0m)132.0m
USDQ1, 2019

Debt/Equity

1.5 x

Debt/Assets

0.4 x

Financial Leverage

3.7 x
Show all financial metrics

Southern Company Operating Metrics

FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021Q1, 2022

Power Purchased, MWh

18 m5 m4 m5 m18 m4 m4 m5 m18 m4 m

Total Generation output, TW

18742415017643465017946

Gas Distribution Operations, mmBtu

769 m282 m121 m89 m715 m314 m329 m97 m754 m329 m

Wholesale Gas Services, mmBtu/day

6.4 m6.9 m6.4 m7.1 m6.9 m7.1 m6.6 m

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 Company
Alabama Property Company
Apex Nevada Solar, LLC
Atlanta Gas Light Company
Beech Ridge Energy II Holdings, LLC
Beech Ridge Energy II, LLC
Show more

Southern Company Revenue Breakdown

Embed Graph

Southern Company revenue breakdown by business segment: 64.3% from Retail electric revenues, 19.0% from Natural gas distribution revenues, 10.6% from Wholesale electric revenues and 6.2% from Other

Southern Company Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

Southern Company Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Southern Company Online and Social Media Presence

Embed Graph

Southern Company Company Culture

  • Overall Culture

    A-

    75/100

  • CEO Rating

    A+

    81/100

  • Compensation

    A+

    82/100

  • Diversity

    B

    72/100

Learn more on Comparably

Southern Company News and Updates

Southern Company names leader of research and development group, Dr. Mark S. Berry, senior vice president of Southern Company Services R&D

ATLANTA, June 16, 2022 /PRNewswire/ -- Southern Company today named Dr. Mark S. Berry, currently vice president of Southern Company Services Research & Development (R&D) and vice president of Environmental & Natural Resources for Georgia Power, senior vice president of Southern Company..…

Southern Company reports first-quarter 2022 earnings

ATLANTA , April 28, 2022 /PRNewswire/ -- Southern Company today reported first-quarter 2022 earnings of $1.03 billion, or 97 cents per share, compared with earnings of $1.14 billion, or $1.07 per share, in the first quarter of 2021. Excluding the items described under "Net Income –...

Southern Company, in partnership with Volta, now offering sustainable software solutions to companies transitioning from commercial fleets to electric vehicles

ATLANTA, April 11, 2022 /PRNewswire/ -- Southern Company today announced a significant step in electric transportation solutions for companies looking to transition commercial fleets to electric vehicles (EV). Having worked with Volta Inc. previously on optimizing EV siting analytics,...

Southern Company Launches "Mother Earth is Hiring" Campaign in Celebration of Earth Month

The LinkedIn platform aggregates a diverse range of more than 305,000 sustainability-related job and volunteer opportunities across a range of industries ATLANTA, April 6, 2022 /PRNewswire/ -- Southern Company launched a campaign on LinkedIn called "Mother Earth is Hiring" today,...

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of The Southern Company of a Class Action Lawsuit and a Lead Plaintiff Deadline of April 25, 2022 - (NYSE: SO)

NEW YORK, March 7, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice on behalf of shareholders of The Southern Company. Shareholders who fit the class definition are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead...

SO ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of April 25, 2022 in the Class Action Filed on Behalf of The Southern Company Shareholders

NEW YORK, March 4, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of The Southern Company (NYSE: SO) ("Southern" of the "Company") alleging that the Company's auditor violated federal securities laws. This lawsuit...
Show more

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, Mark A. Crosswhite and Anthony L. Wilson.

  • How many employees does Southern Company have?

    Southern Company has 27,300 employees.

  • What is Southern Company revenue?

    Latest Southern Company annual revenue is $23.1 b.

  • What is Southern Company revenue per employee?

    Latest Southern Company revenue per employee is $846.6 k.

  • Who are Southern Company competitors?

    Competitors of Southern Company include Vistra, FirstEnergy and ENGIE.

  • 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.