The Southern revenue and financials
Secondary listing. The primary listing is The Southern · NYSE (USD)
$45.15Change from previous close: +0.04%Absolute change: +$0.02
In the fiscal year ended December 2025, The Southern reported revenue of $29.55B (+10.59% year over year). Net income was $4.34B, a net margin of 14.7%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +10.59%
- 2025 vs 2024
- Net income growth
- −1.36%
- 2025 vs 2024
- Net margin
- 14.7%
- 2024: 16.5%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 29,553 | 26,724 | 25,253 | 29,279 | 23,113 | 20,375 | 21,419 | 23,495 | 23,031 | 19,896 |
| Cost of revenue | 15,229 | 13,361 | 13,477 | 18,652 | — | — | — | — | — | — |
| Gross profit | 14,324 | 13,363 | 11,776 | 10,627 | — | — | — | — | — | — |
| Operating income | 7,285 | 7,068 | 5,826 | 5,370 | 3,698 | 4,885 | 7,736 | 4,191 | 2,333 | 4,486 |
| EBIT | 8,237 | 7,972 | 6,791 | 6,245 | — | — | — | — | — | — |
| EBITDA | 14,267 | 13,238 | 11,777 | 10,309 | — | — | — | — | — | — |
| Interest expense | 3,238 | 2,743 | 2,446 | 2,022 | — | — | — | — | — | — |
| Pre-tax income | 4,999 | 5,229 | 4,345 | 4,223 | — | — | — | — | — | — |
| Income tax | 828 | 969 | 496 | 795 | 267 | 393 | 1,798 | 449 | 142 | 951 |
| Net income | 4,341 | 4,401 | 3,976 | 3,428 | 2,309 | 3,103 | 4,744 | 2,300 | 926 | 2,529 |
| Net income to common shareholders | 4,341 | 4,401 | 3,976 | 3,524 | — | — | — | — | — | — |
| Basic EPS | 3.94 | 4.02 | 3.64 | 3.28 | 2.26 | 2.95 | 4.53 | 2.18 | 0.84 | 2.57 |
| Diluted EPS | 3.92 | 3.99 | 3.62 | 3.26 | 2.24 | 2.93 | 4.50 | 2.17 | 0.84 | 2.55 |
| Average shares (diluted) | 1,109 | 1,102 | 1,098 | 1,081 | 1,068 | 1,065 | 1,054 | 1,025 | 1,008 | 958 |