Southern Company (SO)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 10,987,000 | 10,814,000 | 10,615,000 | 11,061,000 | 11,707,000 | 11,078,000 | 10,701,000 | 10,918,000 | 10,820,000 | 10,771,000 | 10,464,000 | 9,866,000 | 10,059,000 | 10,329,000 | 10,287,000 | 10,304,000 | 9,897,000 | 9,560,000 | 9,716,000 | 9,730,000 |
| Revenue (ttm) | US$ in thousands | 26,724,000 | 26,428,000 | 26,134,000 | 25,419,000 | 25,253,000 | 26,255,000 | 27,653,000 | 29,111,000 | 29,279,000 | 27,999,000 | 25,859,000 | 23,851,000 | 23,113,000 | 22,463,000 | 21,845,000 | 21,267,000 | 20,375,000 | 20,172,000 | 20,547,000 | 21,025,000 |
| Gross profit margin | 41.11% | 40.92% | 40.62% | 43.51% | 46.36% | 42.19% | 38.70% | 37.50% | 36.95% | 38.47% | 40.47% | 41.37% | 43.52% | 45.98% | 47.09% | 48.45% | 48.57% | 47.39% | 47.29% | 46.28% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $10,987,000K ÷ $26,724,000K
= 41.11%
The gross profit margin of Southern Company has shown some fluctuations over the past few years. It started at 46.28% as of March 31, 2020, and gradually increased to a peak of 48.57% by December 31, 2020. However, from that point, there was a slight decrease in the margin over the next few quarters, reaching a low of 36.95% by December 31, 2022.
After this low point, there was a gradual recovery in the gross profit margin, with an uptrend starting from March 31, 2023, where the margin was 37.5%. The margin continued to increase steadily, reaching 46.36% by December 31, 2023.
Subsequently, there were some fluctuations in the margin, showing some volatility. For instance, the margin dipped to 40.62% by June 30, 2024, before slightly recovering to 41.11% by December 31, 2024.
Overall, the gross profit margin of Southern Company has shown variability over the analyzed period, with peaks and valleys reflecting changes in the company's cost structure and sales revenues. Investors and analysts may want to delve deeper into the company's financial statements and operations to understand the factors driving these fluctuations.
Peer comparison
Dec 31, 2024