Southern Co (WBO:SOUT) Tax Rate % : 19.72% (As of Sep. 2024)

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What is Southern Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Southern Co's Tax Expense for the three months ended in Sep. 2024 was €340 Mil. Southern Co's Pre-Tax Income for the three months ended in Sep. 2024 was €1,723 Mil. Therefore, Southern Co's Tax Rate % for the quarter that ended in Sep. 2024 was 19.72%.

Southern Co Tax Rate % Historical Data

The historical data trend for Southern Co's Tax Rate % 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.

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Southern Co Tax Rate % Chart

Southern Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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27.48

11.24

10.36

18.83

11.42

Southern Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															17.18	0.50	17.23	19.62	19.72

Southern Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Southern Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	454.832	/	3984.365
	=	11.42 %

Southern Co's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	339.677	/	1722.712
	=	19.72 %

Southern Co Tax Rate % Related Terms

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Southern Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Southern Co (WBO:SOUT) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SO:USA SO:Mexico 0L8A:UK SOT:Germany SOT:Germany SOT:Germany T1SO34:Brazil

Address

30 Ivan Allen Jr. Boulevard, Northwest, Atlanta, GA, USA, 30308

Website

https://www.southerncompany.com

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.

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