The Southern Company (SO) Gross Margin: 43.11%
Is The Southern Company’s gross margin high or low?
The Southern Company's gross margin of 43.11% is in line with its 5-year average of 42.55%, around the middle of its 5-year range (29.81%–49.93%).
The gross margin for The Southern Company (SO) is 43.11% as of Wednesday, June 10, 2026. It is above its 12-month average by 8.13% (39.87%).
SO Gross Margin Chart
SO Average Gross Margin Chart
SO Current vs Average Gross Margin Chart
SO Gross Margin Metrics
GROSS MARGIN
43.11%
GROSS MARGIN AVG TTM
39.87%
GROSS MARGIN AVG 3Y
40.60%
GROSS MARGIN AVG 5Y
42.55%
GROSS MARGIN AVG 10Y
42.81%
GROSS MARGIN AVG 15Y
43.39%
GROSS MARGIN AVG 20Y
47.10%
CURRENT VS TTM AVG
+8.13%
CURRENT VS 3Y AVG
+6.18%
CURRENT VS 5Y AVG
+1.32%
CURRENT VS 10Y AVG
+0.71%
CURRENT VS 15Y AVG
-0.64%
CURRENT VS 20Y AVG
-8.47%
SO Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Southern Company (SO) | — | 43.11% | 39.87% | 40.60% | 42.55% |
| Duke Energy Corporation (DUK) | $97.49B | 58.41% | 40.81% | 43.52% | 45.20% |
| American Electric Power Company, Inc. (AEP) | $69.93B | 40.39% | 31.87% | 29.49% | 29.12% |
| Sempra (SRE) | $59.53B | 30.61% | 28.17% | 26.70% | 27.26% |
| Dominion Energy, Inc. (D) | $58.73B | 49.41% | 48.45% | 47.75% | 48.31% |
| Entergy Corporation (ETR) | $50.95B | 43.33% | 39.10% | 40.10% | 41.00% |
| Xcel Energy Inc. (XEL) | $48.76B | 18.91% | 35.02% | 37.60% | 38.77% |
| Exelon Corporation (EXC) | $46.67B | 24.11% | 34.38% | 37.99% | 36.64% |
| Consolidated Edison, Inc. (ED) | $39.65B | 65.01% | 63.01% | 62.04% | 63.18% |
| WEC Energy Group, Inc. (WEC) | $37.14B | 55.74% | 47.28% | 42.36% | 40.91% |
Gross Margin Analysis
Gross Margin
43.1%
(Revenue - COGS) / Revenue
The Southern Company Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
The Southern Company Gross Margin FAQ
- What is the gross margin for The Southern Company (SO)?
- The gross margin for SO stock is 43.11%.
- Is The Southern Company's gross margin high or low?
- The Southern Company's gross margin of 43.11% is in line with its 5-year average of 42.55%, around the middle of its 5-year range (29.81%–49.93%).
- What is the TTM average gross margin for The Southern Company (SO)?
- The TTM average gross margin for SO stock is 39.87%.
- What is the 3Y average gross margin for The Southern Company (SO)?
- The 3Y average gross margin for SO stock is 40.60%.
- What is the 5Y average gross margin for The Southern Company (SO)?
- The 5Y average gross margin for SO stock is 42.55%.
- What is the 10Y average gross margin for The Southern Company (SO)?
- The 10Y average gross margin for SO stock is 42.81%.
- What is the 15Y average gross margin for The Southern Company (SO)?
- The 15Y average gross margin for SO stock is 43.39%.
- What is the 20Y average gross margin for The Southern Company (SO)?
- The 20Y average gross margin for SO stock is 47.10%.
The Southern Company Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 29.81% |
| 2024-12-31 | 49.93% |
| 2023-12-31 | 46.36% |
| 2022-12-31 | 36.30% |
| 2021-12-31 | 44.33% |
| 2020-12-31 | 48.57% |
| 2019-12-31 | 44.83% |
| 2018-12-31 | 40.93% |
| 2017-12-31 | 43.05% |
| 2016-12-31 | 42.87% |
| 2015-12-31 | 43.90% |
| 2014-12-31 | 40.27% |
| 2013-12-31 | 42.55% |
| 2012-12-31 | 43.32% |
| 2011-12-31 | 38.79% |
| 2010-12-31 | 58.40% |
| 2009-12-31 | 59.18% |
| 2008-12-31 | 55.43% |
| 2007-12-31 | 58.50% |
| 2006-12-31 | 60.33% |
| 2005-12-31 | 61.44% |
| 2004-12-31 | 65.54% |
| 2003-12-31 | 47.87% |
| 2002-12-31 | 48.99% |
| 2001-12-31 | 48.85% |
| 2000-12-31 | 49.31% |
| 1999-12-31 | 50.90% |
| 1998-12-31 | 51.90% |
| 1997-12-31 | 42.56% |
| 1996-12-31 | 49.72% |
Related Metrics
About The Southern Company
The Southern Company operates as an energy utility, primarily involved in the production, transmission, and distribution of electricity. Its operations are segmented into Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing Services. The company also undertakes the development, construction, acquisition, ownership, and management of various power generation assets, including renewable energy ventures, and supplies electricity to the wholesale market. Complementing its power business, it distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, while also offering gas marketing services, wholesale gas services, and managing gas pipeline investments. Its extensive portfolio of generating assets includes 30 hydroelectric, 24 fossil fuel, three nuclear, 13 combined cycle/cogeneration, 45 solar, 15 wind, one fuel cell, and four battery storage facilities. In terms of natural gas infrastructure, the company builds, operates, and maintains 76,289 miles of pipelines and 14 storage facilities with a total capacity of 157 billion cubic feet, delivering natural gas to residential, commercial, and industrial clients. The Southern Company serves approximately 8.7 million electric and gas utility customers in total. Furthermore, it provides digital wireless communications and fiber optics services. The company was founded in 1945 and maintains its corporate headquarters in Atlanta, Georgia.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Christopher C. Womack