Trailing-twelve-month (TTM) revenue is $30.18 Billion with a year-over-year growth of +6.40%. Revenue represents the total income generated from the company's primary business operations.
Trailing-12-month revenue adds these four fiscal quarters. Amounts are in USD, rounded only to whole currency units.
| Fiscal period | Revenue | Source |
|---|---|---|
| Q3 FY2025Period ended 2025-09-30 | $7,823,000,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2025-10-30 |
| Q4 FY2025Period ended 2025-12-31 | $6,981,000,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-02-19 |
| Q1 FY2026Period ended 2026-03-31 | $8,397,000,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-03-31 |
| Q2 FY2026Period ended 2026-06-30 | $6,977,000,000 | Filing link unavailableFMP normalized income statementFiling date supplied by FMP: 2026-07-30 |
| TTM revenue | $30,178,000,000 |
Current P/S: $100,944,090,000 market capitalization ÷ $30,178,000,000 TTM revenue = 3.34x.
Market capitalization source: FMP quote. Quote observed 2026-09-10T20:00:02.000Z. Latest revenue period ended 2026-06-30.
Current market capitalization comes from the quote provider. EPS weighted-average shares are a separate measure.
These references are supplied through FMP. Full filing context identifiers and dimensional metadata are unavailable in the normalized feed.
Reported quarterly revenue; no daily interpolation. Q2 FY2026 (2026-06-30): $6.98B.
FMP quote market capitalization / revenue from four consecutive issuer fiscal quarters Quote observation: 2026-09-10T20:00:02.000Z. Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-09.
Selected amounts supplied by FMP for each displayed period. Reviewed label references appear where available; other labels are unverified, and items may overlap.
2025-12-31 · USD
Reviewed labels link to their filing; other labels are unverified FMP source labels.
Reviewed presentation labels and parent/child details link to filing evidence; other FMP source labels remain unverified. Mutual exclusivity and reconciliation to a total for the same reporting period and currency have not been verified; percentages and stacked totals are unavailable.
FMP selected disclosures by reporting period. Rows match exact source labels; they may overlap. N/A means no matching disclosure, not zero. Filing links identify reviewed presentation labels for that period.
| FMP source label (unverified unless linked) | FY20192019-12-31 · USD | FY20202020-12-31 · USD | FY20212021-12-31 · USD | FY20222022-12-31 · USD | FY20242024-12-31 · USD | FY20252025-12-31 · USD |
|---|---|---|---|---|---|---|
| Alternative Energy | -$1M | N/A | N/A | N/A | N/A | N/A |
| Corporate and Other | N/A | N/A |
$30.18B
$30.18 Billion
+6.40%
vs. $28.36B a year ago (TTM)
+6.68%
5 Year compound annual growth rate
1 Year
+6.40%
3 Year
+2.95%
5 Year
+6.68%
10 Year
+5.65%
15 Year
+3.65%
20 Year
+3.85%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
| Year | Revenue | YoY Change | % Change |
|---|---|---|---|
| 2025 | $29.55B | +$2.83B | +10.59% |
| 2024 | $26.72B | +$1.47B | +5.83% |
| 2023 | $25.25B | ($4.03B) | (13.75%) |
| 2022 | $29.28B | +$6.17B | +26.68% |
| 2021 | $23.11B | +$2.74B | +13.44% |
| 2020 |
TTM Growth
+6.40%
3-Year CAGR
+2.95%
5-Year CAGR
+6.68%
Revenue growth vs the same fiscal quarter in the prior fiscal year, last 40 comparable quarters.
Current FMP quote-based enterprise value / four-quarter revenue Quote observation: 2026-09-10T20:00:02.000Z. Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-09.
| N/A |
| $55M |
| N/A |
| N/A |
| Electric Utilities | N/A | $1.4B | $1.9B | $22.9B | N/A | N/A |
|---|
| Gas Distribution Operations | N/A | N/A | N/A | $5.3B | $3.9B | $4.4B |
|---|
| Gas Marketing Services | N/A | N/A | N/A | $638M | $516M | $582M |
|---|
| Gas Pipeline Investments | N/A | N/A | N/A | $32M | $32M | $32M |
|---|
| Natural Gas Distribution | $3.0B | $2.9B | $3.6B | N/A | N/A | N/A |
|---|
| Natural Gas Distribution - Commercial | $389M | $340M | $470M | N/A | N/A | N/A |
|---|
| Natural Gas Distribution - Industrial | $35M | $30M | $49M | N/A | N/A | N/A |
|---|
| Natural Gas Distribution - Other | $245M | $209M | $269M | N/A | N/A | N/A |
|---|
| Natural Gas Distribution - Residential | $1.4B | $1.3B | $1.8B | N/A | N/A | N/A |
|---|
| Natural Gas Distribution - Transportation | $907M | $971M | $1.0B | N/A | N/A | N/A |
|---|
| Other Adjustments | -$5.4B | $0 | $0 | N/A | N/A | N/A |
|---|
| Other Natural Gas | $2.6B | $2.2B | $2.7B | N/A | N/A | N/A |
|---|
| Other Natural Gas - Gas Marketing Services | $440M | $391M | $464M | N/A | N/A | N/A |
|---|
| Other Natural Gas - Gas Pipeline Investments | $32M | N/A | N/A | N/A | N/A | N/A |
|---|
| Other Natural Gas - Other Natural Gas Revenues | $42M | $33M | $36M | N/A | N/A | N/A |
|---|
| Other Natural Gas - Wholesale Gas Services | $2.1B | $1.7B | $2.2B | N/A | N/A | N/A |
|---|
| Other Revenue Sources | N/A | $2.9B | $1.8B | N/A | N/A | N/A |
|---|
| Other Revenues | N/A | $14M | $30M | N/A | N/A | N/A |
|---|
| Retail | $877M | N/A | N/A | N/A | N/A | N/A |
|---|
| Retail Electric | N/A | $0 | $0 | N/A | N/A | N/A |
|---|
| Retail Electric - Commercial | N/A | $0 | $0 | N/A | N/A | N/A |
|---|
| Retail Electric - Industrial | N/A | $0 | $0 | N/A | N/A | N/A |
|---|
| Retail Electric - Other | N/A | $0 | $0 | N/A | N/A | N/A |
|---|
| Retail Electric - Residential | N/A | $0 | $0 | N/A | N/A | N/A |
|---|
| Southern Company Gas | N/A | N/A | N/A | $6.0B | $4.5B | $5.0B |
|---|
| Southern Power | N/A | N/A | N/A | $3.4B | N/A | N/A |
|---|
| Wholesale Electric - Non-PPA Revenues | N/A | $239M | $398M | N/A | N/A | N/A |
|---|
| Wholesale Electric - PPA Capacity Revenues | N/A | $296M | $323M | N/A | N/A | N/A |
|---|
| Wholesale Electric - PPA Energy Revenues | N/A | $570M | $854M | N/A | N/A | N/A |
|---|
| Wholesale, Affiliates | $398M | N/A | N/A | N/A | N/A | N/A |
|---|
| $20.38B |
| ($1.04B) |
| (4.87%) |
| 2019 | $21.42B | ($2.08B) | (8.84%) |
| 2018 | $23.50B | +$464.00M | +2.01% |
| 2017 | $23.03B | +$3.13B | +15.76% |
| 2016 | $19.90B | +$2.41B | +13.76% |
