SuperworthSouthern profit margin SO
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 15.4%
- Operating margin, 12 months
- 24.2%
- Net margin on a year earlier
- +0.3 pts
- Peer median
- 14.6%
Over the twelve months to Jun 30, 2026, Southern kept 15.4% of its revenue as net profit, with an operating margin of 24.2% and a gross margin of 71.9%.
Five years earlier its net margin was 14.5%.
The median for 10 electric utilities of a similar size is 14.6%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 14.7% | 24.7% | 72.4% |
| FY2024 | 16.5% | 26.4% | 74.4% |
| FY2023 | 15.7% | 23.1% | 70.5% |
| FY2022 | 12.1% | 18.3% | 67.3% |
| FY2021 | 10.4% | 16.0% | 76.9% |
| FY2020 | 15.4% | 24.0% | 83.8% |
| FY2019 | 22.2% | 36.1% | 71.1% |
| FY2018 | 9.5% | 17.8% | 66.2% |
| FY2017 | 3.8% | 10.1% | n/a |
| FY2016 | 12.5% | 23.3% | n/a |
| FY2015 | 13.8% | 24.5% | n/a |
| FY2014 | 11.0% | 19.7% | n/a |
| FY2013 | 9.6% | 19.0% | n/a |
| FY2012 | 14.2% | 27.0% | n/a |
| FY2011 | 12.5% | 24.0% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 15.4% | +0.3 pts | 24.2% | |
| Q1 FY26 | 14.5% | −2.1 pts | 24.2% | |
| Q4 FY25 | 14.7% | −1.8 pts | 24.7% | |
| Q3 FY25 | 15.4% | −2.4 pts | 25.7% | |
| Q2 FY25 | 15.1% | −2.5 pts | 25.4% | |
| Q1 FY25 | 16.5% | −0.2 pts | 26.5% | |
| Q4 FY24 | 16.5% | +0.7 pts | 26.4% | |
| Q3 FY24 | 17.9% | +6.3 pts | 27.3% | |
| Q2 FY24 | 17.6% | +6.5 pts | 26.6% | |
| Q1 FY24 | 16.7% | +5.1 pts | 24.8% | |
| Q4 FY23 | 15.7% | +3.7 pts | 23.1% | |
| Q3 FY23 | 11.6% | −0.6 pts | 18.1% |
Against its peers
Companies in Regulated Electric nearest Southern's size, closest first, today.
| Company | Profit margin |
|---|---|
| SOSouthern | 15.4% |
| DUKDuke Energy | 15.8% |
| AEPAmerican Electric Power | 13.8% |
| NEENextEra Energy | 40.4% |
| DDominion Energy | 14.0% |
| ETREntergy | 13.5% |
| XELXcel Energy | 15.3% |
| EXCExelon | 11.0% |
| EDConsolidated Edison | 12.5% |
| WECWEC Energy | 16.7% |
| PEGPublic Service Enterprise | 16.0% |
| Peer median | 14.6% |
Where Southern ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Southern
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.