GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Southern Co (NYSE:SO) » Definitions » Gross Margin %
中文

Southern Co (Southern Co) Gross Margin % : 41.16% (As of Dec. 2023)


View and export this data going back to 1949. Start your Free Trial

What is Southern Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Southern Co's Gross Profit for the three months ended in Dec. 2023 was $2,488 Mil. Southern Co's Revenue for the three months ended in Dec. 2023 was $6,045 Mil. Therefore, Southern Co's Gross Margin % for the quarter that ended in Dec. 2023 was 41.16%.


The historical rank and industry rank for Southern Co's Gross Margin % or its related term are showing as below:

SO' s Gross Margin % Range Over the Past 10 Years
Min: 37.15   Med: 43.48   Max: 48.57
Current: 46.19


During the past 13 years, the highest Gross Margin % of Southern Co was 48.57%. The lowest was 37.15%. And the median was 43.48%.

SO's Gross Margin % is ranked better than
78.13% of 503 companies
in the Utilities - Regulated industry
Industry Median: 28.51 vs SO: 46.19

Southern Co had a gross margin of 41.16% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Southern Co was -0.10% per year.


Southern Co Gross Margin % Historical Data

The historical data trend for Southern Co's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Southern Co Gross Margin % Chart

Southern Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.83 48.57 44.33 37.15 46.36

Southern Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.44 41.37 47.70 53.78 41.16

Competitive Comparison of Southern Co's Gross Margin %

For the Utilities - Regulated Electric subindustry, Southern Co's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southern Co's Gross Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Southern Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Southern Co's Gross Margin % falls into.



Southern Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Southern Co's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=11708 / 25253
=(Revenue - Cost of Goods Sold) / Revenue
=(25253 - 13545) / 25253
=46.36 %

Southern Co's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=2488 / 6045
=(Revenue - Cost of Goods Sold) / Revenue
=(6045 - 3557) / 6045
=41.16 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Southern Co  (NYSE:SO) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Southern Co had a gross margin of 41.16% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Southern Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Southern Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Southern Co (Southern Co) Business Description

Traded in Other Exchanges
Address
30 Ivan Allen Jr. Boulevard, Northwest, Atlanta, GA, USA, 30308
Southern is one of the largest utilities in the U.S. The company serves 9 million customers with vertically integrated electric utilities in three states and natural gas distribution utilities in four states. It owns 50 gigawatts of rate-regulated generating capacity, primarily for serving customers in Georgia, Alabama, and Mississippi. Subsidiary Southern Power owns 13 gigawatts of natural gas generation and renewable energy across the U.S. and sells the electricity primarily under long-term contracts.
Executives
David P. Poroch officer: Comptroller 241 RALPH MCGILL BLVD., ATLANTA GA 30308
Stephen E Kuczynski officer: Pres. & CEO, Southern Nuclear 30 IVAN ALLEN JR. BLVD, NW, ATLANTA GA 30308
Shantella E. Cooper director 241 RALPH MCGILL BLVD., NW, ATLANTA GA 30308
Martin Bernard Davis officer: EVP and CIO 520 GERVAIS STREET, C/O SOUTH STATE CORP, COLUMBIA SC 29201
Christopher Cummiskey officer: EVP & CCCS Officer 241 RALPH MCGILL BLVD., ATLANTA GA 30308
Kimberly S, Greene officer: President & CEO, SCS 30 IVAN ALLEN JR. BLVD., NW, ATLANTA GA 30308
Thomas A Fanning officer: CFO
Bryan D Anderson officer: EVP & Pres. External Affairs 30 IVAN ALLEN JR. BLVD. NW, ATLANTA GA 30308
Spainhour Sterling A Jr. officer: EVP, Chief Legal Officer & CCO 4370 PEACHTREE ROAD, NE, ATLANTA GA 30319
Lizanne Thomas director 1420 PEACHTREE STREET NE, SUITE 800, ATLANTA GA 30309
David E Meador director ONE ENERGY PLAZA, DETROIT MI 48226
Sloane N Drake officer: EVP, CHRO 30 IVAN ALLEN JR BLVD NW, ATLANTA GA 30308
James Jeffrey Peoples officer: Chairman, President & CEO, APC 600 NORTH 18TH STREET, BIRMINGHAM AL 35203
Kerr, Ii James Y officer: Executive VP & General Counsel 30 IVAN ALLEN JR. BLVD., NW, ATLANTA GA 30308
Anthony L Wilson officer: President, Mississippi Power 30 IVAN ALLEN JR. BLVD, ATLANTA GA 30308

Southern Co (Southern Co) Headlines

From GuruFocus

Q4 2022 Southern Co Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2023 Southern Co Earnings Call Transcript

By GuruFocus Research 01-23-2024

Southern Co Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Q3 2019 Southern Co Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2021 Southern Co Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2020 Southern Co Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2019 Southern Co Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2019 Southern Co Earnings Call Transcript

By GuruFocus Research 01-23-2024