Southern Company (SO) Revenue & Revenue Breakdown
Southern Company Revenue Highlights
Latest Revenue (Y)
$25.25B
Latest Revenue (Q)
$6.65B
Main Segment (Y)
Electric Utilities
Southern Company Revenue by Period
Southern Company Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $25.25B | -13.75% |
| 2022-12-31 | $29.28B | 26.68% |
| 2021-12-31 | $23.11B | 13.44% |
| 2020-12-31 | $20.38B | -4.87% |
| 2019-12-31 | $21.42B | -8.84% |
| 2018-12-31 | $23.50B | 2.01% |
| 2017-12-31 | $23.03B | 15.76% |
| 2016-12-31 | $19.90B | 13.52% |
| 2015-12-31 | $17.53B | -5.25% |
| 2014-12-31 | $18.50B | 8.26% |
| 2013-12-31 | $17.09B | 3.33% |
| 2012-12-31 | $16.54B | -6.34% |
| 2011-12-31 | $17.66B | 1.15% |
| 2010-12-31 | $17.46B | 10.88% |
| 2009-12-31 | $15.74B | -8.08% |
| 2008-12-31 | $17.13B | 11.55% |
| 2007-12-31 | $15.35B | 6.94% |
| 2006-12-31 | $14.36B | 5.92% |
| 2005-12-31 | $13.55B | 13.88% |
| 2004-12-31 | $11.90B | 5.79% |
| 2003-12-31 | $11.25B | 6.65% |
| 2002-12-31 | $10.55B | 3.88% |
| 2001-12-31 | $10.15B | 0.88% |
| 2000-12-31 | $10.07B | -13.11% |
| 1999-12-31 | $11.59B | 1.60% |
| 1998-12-31 | $11.40B | -9.58% |
| 1997-12-31 | $12.61B | 21.75% |
| 1996-12-31 | $10.36B | 12.83% |
| 1995-12-31 | $9.18B | 10.64% |
| 1994-12-31 | $8.30B | -2.26% |
| 1993-12-31 | $8.49B | - |
Southern Company generated $25.25B in revenue during NA 2023, up -13.75% compared to the previous quarter, and up 107.48% compared to the same period a year ago.
Southern Company Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $6.65B | 9.94% |
| 2023-12-31 | $6.04B | -13.40% |
| 2023-09-30 | $6.98B | 21.43% |
| 2023-06-30 | $5.75B | -11.30% |
| 2023-03-31 | $6.48B | -8.05% |
| 2022-12-31 | $7.05B | -15.89% |
| 2022-09-30 | $8.38B | 16.26% |
| 2022-06-30 | $7.21B | 8.39% |
| 2022-03-31 | $6.65B | 15.28% |
| 2021-12-31 | $5.77B | -7.55% |
| 2021-09-30 | $6.24B | 20.01% |
| 2021-06-30 | $5.20B | -12.05% |
| 2021-03-31 | $5.91B | 15.50% |
| 2020-12-31 | $5.12B | -8.95% |
| 2020-09-30 | $5.62B | 21.65% |
| 2020-06-30 | $4.62B | -7.93% |
| 2020-03-31 | $5.02B | 2.12% |
| 2019-12-31 | $4.91B | -18.03% |
| 2019-09-30 | $6.00B | 17.60% |
| 2019-06-30 | $5.10B | -5.80% |
| 2019-03-31 | $5.41B | 1.41% |
| 2018-12-31 | $5.34B | -13.35% |
| 2018-09-30 | $6.16B | 9.45% |
| 2018-06-30 | $5.63B | -11.69% |
| 2018-03-31 | $6.37B | 13.20% |
| 2017-12-31 | $5.63B | -9.22% |
| 2017-09-30 | $6.20B | 14.20% |
| 2017-06-30 | $5.43B | -5.91% |
| 2017-03-31 | $5.77B | 11.39% |
| 2016-12-31 | $5.18B | -17.29% |
| 2016-09-30 | $6.26B | 40.67% |
| 2016-06-30 | $4.45B | 12.31% |
| 2016-03-31 | $3.96B | 11.13% |
| 2015-12-31 | $3.57B | -33.94% |
| 2015-09-30 | $5.40B | 24.53% |
| 2015-06-30 | $4.34B | 3.68% |
| 2015-03-31 | $4.18B | 4.13% |
| 2014-12-31 | $4.02B | -24.76% |
| 2014-09-30 | $5.34B | 19.52% |
| 2014-06-30 | $4.47B | -3.81% |
| 2014-03-31 | $4.64B | 18.26% |
| 2013-12-31 | $3.93B | -21.73% |
| 2013-09-30 | $5.02B | 18.16% |
| 2013-06-30 | $4.25B | 8.96% |
| 2013-03-31 | $3.90B | 5.24% |
| 2012-12-31 | $3.70B | -26.66% |
| 2012-09-30 | $5.05B | 20.76% |
| 2012-06-30 | $4.18B | 16.01% |
| 2012-03-31 | $3.60B | -2.49% |
| 2011-12-31 | $3.70B | -31.91% |
| 2011-09-30 | $5.43B | 20.06% |
| 2011-06-30 | $4.52B | 12.69% |
| 2011-03-31 | $4.01B | 6.38% |
| 2010-12-31 | $3.77B | -29.11% |
| 2010-09-30 | $5.32B | 26.43% |
| 2010-06-30 | $4.21B | 1.22% |
| 2010-03-31 | $4.16B | 18.44% |
| 2009-12-31 | $3.51B | -25.02% |
| 2009-09-30 | $4.68B | 20.50% |
| 2009-06-30 | $3.89B | 5.97% |
| 2009-03-31 | $3.67B | -3.58% |
| 2008-12-31 | $3.80B | -29.93% |
| 2008-09-30 | $5.43B | 28.74% |
| 2008-06-30 | $4.22B | 14.45% |
| 2008-03-31 | $3.68B | 10.25% |
| 2007-12-31 | $3.34B | - |
Southern Company generated $6.65B in revenue during Q1 2024, up 9.94% compared to the previous quarter, and up 94.31% compared to the same period a year ago.
Southern Company Revenue Breakdown
Southern Company Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Gas Marketing Services | $638.00M | - | - | - | - |
| Wholesale Electric - PPA Capacity Revenues | $596.00M | $493.00M | - | - | - |
| Gas Pipeline Investments | $32.00M | - | - | - | - |
| Retail Electric - Residential | $6.60B | $6.21B | $6.61B | - | - |
| Retail Electric - Other | $102.00M | $93.00M | $124.00M | - | - |
| Retail Electric - Industrial | $3.76B | $3.07B | $3.22B | - | - |
| Retail Electric - Commercial | $5.37B | $4.88B | $5.27B | - | - |
| Other Revenues | $1.08B | $1.07B | - | - | - |
| Other Natural Gas | $687.00M | $2.67B | $2.15B | $2.61B | $699.00M |
| Other Natural Gas - Other Natural Gas Revenues | $51.00M | $36.00M | $33.00M | $42.00M | - |
| Other Natural Gas - Gas Marketing Services | $636.00M | $464.00M | $391.00M | $440.00M | - |
| Natural Gas Distribution - Transportation | $1.19B | $1.04B | $971.00M | $907.00M | $944.00M |
| Natural Gas Distribution - Residential | $2.84B | $1.80B | $1.34B | $1.41B | $1.52B |
| Natural Gas Distribution - Other | $342.00M | $269.00M | $209.00M | $245.00M | $230.00M |
| Natural Gas Distribution - Industrial | $84.00M | $49.00M | $30.00M | $35.00M | $40.00M |
| Natural Gas Distribution - Commercial | $763.00M | $470.00M | $340.00M | $389.00M | $436.00M |
| Other Electric Revenue | $747.00M | - | - | - | - |
| Natural Gas | $5.96B | - | - | - | - |
| Wholesale, Non-Affiliates | $2.46B | $2.46B | $2.52B | - | - |
| Retail | $18.20B | $14.85B | $877.00M | $889.00M | - |
| Product and Service, Other | $732.00M | $708.00M | $55.00M | - | - |
| Electric Utilities | $22.87B | - | - | - | - |
| Southern Power | $3.37B | - | - | - | - |
| Southern Company Gas | $5.96B | - | - | - | - |
| Natural Gas Distribution | $5.22B | $3.63B | $2.89B | $2.99B | $3.17B |
| Wholesale Electric - Non-PPA Revenues | $250.00M | $236.00M | - | - | - |
| Other Revenue Sources | $3.34B | $3.35B | - | - | - |
| Retail Electric | $15.84B | $14.24B | $889.00M | - | - |
| Wholesale Electric - PPA Energy Revenues | $2.27B | $1.12B | - | - | - |
| Wholesale Electric Revenues | $3.12B | $1.85B | - | - | - |
| Wholesale, Affiliates | $460.00M | $188.00M | $364.00M | $398.00M | $435.00M |
| Corporate and Other | $55.00M | - | - | - | - |
| Gas Distribution Operations | $5.27B | - | - | - | - |
| Other Adjustments | - | $-3.70B | $-4.49B | $-5.44B | - |
| Alternative Energy | - | $11.00M | $3.00M | $-1.00M | $-20.00M |
| Other Natural Gas - Wholesale Gas Services | - | $2.17B | $1.73B | $2.10B | - |
| Natural Gas, US Regulated | - | $4.38B | - | - | - |
| Other Natural Gas - Gas Pipeline Investments | - | - | - | $32.00M | - |
| Product And Services, Other And Other Electric Revenues | - | - | - | - | $1.90B |
| Wholesale Capacity | - | - | - | - | $620.00M |
| Wholesale Energy | - | - | - | - | $299.00M |
| Alternative Revenue Programs | - | - | - | - | $-20.00M |
| Midstream Operations | - | - | - | - | $32.00M |
| Wholesale Gas Services | - | - | - | - | $101.00M |
| Non-PPA | - | - | - | - | $472.00M |
| PPA Capacity | - | - | - | - | $580.00M |
| PPA Energy | - | - | - | - | $242.00M |
| Total Retail Electric and Gas Distribution | - | - | - | - | $18.38B |
Southern Company's latest annual revenue breakdown by segment (product or service), as of Dec 22: Electric Utilities (18.92%), Retail (15.05%), Retail Electric (13.10%), Retail Electric - Residential (5.46%), Natural Gas (4.93%), Southern Company Gas (4.93%), Retail Electric - Commercial (4.44%), Gas Distribution Operations (4.36%), Natural Gas Distribution (4.32%), Retail Electric - Industrial (3.11%), Southern Power (2.79%), Other Revenue Sources (2.76%), Wholesale Electric Revenues (2.58%), Natural Gas Distribution - Residential (2.35%), Wholesale, Non-Affiliates (2.03%), Wholesale Electric - PPA Energy Revenues (1.88%), Natural Gas Distribution - Transportation (0.98%), Other Revenues (0.89%), Natural Gas Distribution - Commercial (0.63%), Other Electric Revenue (0.62%), Product and Service, Other (0.61%), Other Natural Gas (0.57%), Gas Marketing Services (0.53%), Other Natural Gas - Gas Marketing Services (0.53%), Wholesale Electric - PPA Capacity Revenues (0.49%), Wholesale, Affiliates (0.38%), Natural Gas Distribution - Other (0.28%), Wholesale Electric - Non-PPA Revenues (0.21%), Retail Electric - Other (0.08%), Natural Gas Distribution - Industrial (0.07%), Corporate and Other (0.05%), Other Natural Gas - Other Natural Gas Revenues (0.04%), and Gas Pipeline Investments (0.03%).
Quarterly Revenue by Product
| Product/Service | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gas Marketing Services | $75.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Electric Utilities | $4.76B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Southern Power | $525.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Natural Gas Distribution - Commercial | $82.00M | $232.00M | $270.00M | $93.00M | $130.00M | $270.00M | $172.00M | $55.00M | $73.00M | $170.00M | $111.00M | $41.00M | $58.00M | $130.00M | $42.00M | $65.00M | $170.00M | $45.00M | $76.00M | - |
| Natural Gas, US Regulated | $852.00M | $1.88B | $858.00M | $1.08B | $2.06B | $1.39B | $498.00M | $1.05B | - | - | - | - | - | - | - | - | - | - | - | - |
| Wholesale Electric | $47.00M | $31.00M | $843.00M | $56.00M | $64.00M | $66.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Natural Gas Distribution - Transportation | $284.00M | $319.00M | $314.00M | $259.00M | $276.00M | $337.00M | $263.00M | $239.00M | $247.00M | $288.00M | $248.00M | $224.00M | $234.00M | $264.00M | $204.00M | $213.00M | $256.00M | $203.00M | $7.00M | - |
| Natural Gas Distribution - Residential | $330.00M | $896.00M | $1.02B | $331.00M | $474.00M | $1.02B | $656.00M | $218.00M | $311.00M | $614.00M | $432.00M | $170.00M | $239.00M | $496.00M | $162.00M | $229.00M | $601.00M | $149.00M | $273.00M | - |
| Natural Gas Distribution - Other | $51.00M | $117.00M | $98.00M | $49.00M | $67.00M | $129.00M | $82.00M | $31.00M | $59.00M | $97.00M | $30.00M | $35.00M | $49.00M | $97.00M | $34.00M | $50.00M | $119.00M | $32.00M | $58.00M | - |
| Natural Gas Distribution - Industrial | $6.00M | $23.00M | $24.00M | $12.00M | $16.00M | $32.00M | $20.00M | $6.00M | $8.00M | $16.00M | $9.00M | $4.00M | $5.00M | $12.00M | $3.00M | $5.00M | $17.00M | $4.00M | $228.00M | - |
| Retail | $227.00M | $236.00M | $3.83B | $250.00M | $252.00M | $217.00M | $3.36B | $248.00M | $219.00M | $204.00M | $232.00M | $199.00M | $199.00M | $251.00M | $215.00M | $203.00M | $229.00M | $254.00M | - | - |
| Wholesale, Affiliates | $18.00M | $75.00M | $124.00M | $187.00M | $107.00M | $42.00M | $68.00M | $62.00M | $25.00M | $33.00M | $85.00M | $36.00M | $25.00M | $86.00M | $116.00M | $117.00M | $87.00M | $109.00M | $134.00M | - |
| Wholesale, Non-Affiliates | $393.00M | $362.00M | $540.00M | $835.00M | $658.00M | $426.00M | $633.00M | $503.00M | $373.00M | $355.00M | $418.00M | $343.00M | $286.00M | $455.00M | $390.00M | $352.00M | $593.00M | $693.00M | - | - |
| Other Natural Gas | $81.00M | $242.00M | $229.00M | $99.00M | $100.00M | $259.00M | $170.00M | $56.00M | $651.00M | $1.79B | $703.00M | $476.00M | $406.00M | $566.00M | $54.00M | - | - | - | - | - |
| Other Natural Gas - Other Natural Gas Revenues | $8.00M | $11.00M | $10.00M | $15.00M | $10.00M | $16.00M | $9.00M | $11.00M | $10.00M | $7.00M | $11.00M | $7.00M | $8.00M | $7.00M | - | - | - | - | - | - |
| Other Natural Gas - Gas Marketing Services | $73.00M | $231.00M | $219.00M | $84.00M | $90.00M | $243.00M | $161.00M | $45.00M | $63.00M | $194.00M | $133.00M | $38.00M | $57.00M | $163.00M | - | - | - | - | - | - |
| Southern Company Gas | $852.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Corporate and Other | $9.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Natural Gas Distribution | $753.00M | $1.59B | $1.73B | $744.00M | $963.00M | $1.78B | $1.19B | $549.00M | $698.00M | $1.19B | $830.00M | $474.00M | $585.00M | $999.00M | $445.00M | $563.00M | $1.16B | $433.00M | - | - |
| Gas Pipeline Investments | $8.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gas Distribution Operations | $764.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Wholesale Electric Revenues | - | - | $756.00M | $513.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Wholesale Electric - PPA Energy Revenues | - | - | $535.00M | $340.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Wholesale Electric - PPA Capacity Revenues | - | - | $153.00M | $118.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Revenue Sources | - | - | $705.00M | $370.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Electric Revenue | - | - | $193.00M | $155.00M | $170.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Natural Gas | - | - | $1.96B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Revenues | - | - | $267.00M | $283.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Retail Electric - Commercial | - | - | $1.17B | $1.15B | $1.53B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Retail Electric - Industrial | - | - | $850.00M | $768.00M | $901.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Retail Electric - Other | - | - | $23.00M | $23.00M | $29.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Retail Electric - Residential | - | - | $1.32B | $1.30B | $2.15B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Retail Electric | - | - | $3.36B | $3.24B | $251.00M | $215.00M | $203.00M | $21.00M | $254.00M | $212.00M | - | - | - | - | - | - | - | - | - | - |
| Wholesale Electric - Non-PPA Revenues | - | - | $68.00M | $55.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Product and Service, Other | - | - | $213.00M | $195.00M | $232.00M | $369.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Alternative Energy | - | - | - | $-1.00M | $2.00M | - | $8.00M | $-1.00M | $2.00M | $2.00M | $-3.00M | $-1.00M | $-2.00M | $9.00M | - | $1.00M | $3.00M | $5.00M | - | - |
| Other Adjustments | - | - | - | - | - | - | - | - | $-1.40B | $-2.30B | $-1.37B | $-1.10B | $-873.00M | $-1.14B | - | - | - | - | - | - |
| Other Natural Gas - Wholesale Gas Services | - | - | - | - | - | - | - | - | $578.00M | $1.59B | $559.00M | $431.00M | $341.00M | $396.00M | - | - | - | - | - | - |
| Wholesale Gas Services | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-4.00M | $48.00M | $66.00M | $-10.00M | $-15.00M | - |
| Non-PPA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $101.00M | $91.00M | $85.00M | $126.00M | $106.00M | - |
| PPA Capacity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $131.00M | $125.00M | $127.00M | $168.00M | $144.00M | - |
| PPA Energy | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $339.00M | $291.00M | $227.00M | $66.00M | $336.00M | $302.00M |
| Alternative Revenue Programs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.00M | $-2.00M | $5.00M | $-4.00M | - |
| Wholesale Energy | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $82.00M | $516.00M | - |
| Wholesale Capacity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $177.00M | - |
| Midstream Operations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $20.00M | $18.00M |
| Total Retail Electric and Gas Distribution | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.04B | - |
Southern Company's latest quarterly revenue breakdown by segment (product or service), as of Jun 23: Electric Utilities (46.70%), Natural Gas, US Regulated (8.35%), Southern Company Gas (8.35%), Gas Distribution Operations (7.49%), Natural Gas Distribution (7.38%), Southern Power (5.15%), Wholesale, Non-Affiliates (3.85%), Natural Gas Distribution - Residential (3.23%), Natural Gas Distribution - Transportation (2.78%), Retail (2.23%), Natural Gas Distribution - Commercial (0.80%), Other Natural Gas (0.79%), Gas Marketing Services (0.74%), Other Natural Gas - Gas Marketing Services (0.72%), Natural Gas Distribution - Other (0.50%), Wholesale Electric (0.46%), Wholesale, Affiliates (0.18%), Corporate and Other (0.09%), Other Natural Gas - Other Natural Gas Revenues (0.08%), Gas Pipeline Investments (0.08%), and Natural Gas Distribution - Industrial (0.06%).
Southern Company Peer Comparison by Revenue
SO Revenue FAQ
What is Southern Company’s yearly revenue?
Southern Company's yearly revenue for 2023 was $25.25B, representing a decrease of -13.75% compared to 2022. The company's yearly revenue for 2022 was $29.28B, representing an increase of 26.68% compared to 2021. SO's yearly revenue for 2021 was $23.11B, representing an increase of 13.44% compared to 2020.
What is Southern Company’s quarterly revenue?
Southern Company's quarterly revenue for Q1 2024 was $6.65B, a 9.94% increase from the previous quarter (Q4 2023), and a 2.56% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $6.04B, a -13.40% decrease from the previous quarter (Q3 2023), and a -14.22% decrease year-over-year (Q4 2022). SO's quarterly revenue for Q3 2023 was $6.98B, a 21.43% increase from the previous quarter (Q2 2023), and a -16.69% decrease year-over-year (Q3 2022).
What is Southern Company’s revenue growth rate?
Southern Company's revenue growth rate for the last 3 years (2021-2023) was 9.26%, and for the last 5 years (2019-2023) was 17.90%.
What are Southern Company’s revenue streams?
Southern Company's revenue streams in c 22 are Gas Marketing Services, Wholesale Electric - PPA Capacity Revenues, Gas Pipeline Investments, Retail Electric - Residential, Retail Electric - Other, Retail Electric - Industrial, Retail Electric - Commercial, Other Revenues, Other Natural Gas, Other Natural Gas - Other Natural Gas Revenues, Other Natural Gas - Gas Marketing Services, Natural Gas Distribution - Transportation, Natural Gas Distribution - Residential, Natural Gas Distribution - Other, Natural Gas Distribution - Industrial, Natural Gas Distribution - Commercial, Other Electric Revenue, Natural Gas, Wholesale, Non-Affiliates, Retail, Product and Service, Other, Electric Utilities, Southern Power, Southern Company Gas, Natural Gas Distribution, Wholesale Electric - Non-PPA Revenues, Other Revenue Sources, Retail Electric, Wholesale Electric - PPA Energy Revenues, Wholesale Electric Revenues, Wholesale, Affiliates, Corporate and Other, and Gas Distribution Operations. Gas Marketing Services generated $638M in revenue, accounting 0.53% of the company's total revenue Wholesale Electric - PPA Capacity Revenues generated $596M in revenue, accounting 0.49% of the company's total revenue, up 20.89% year-over-year. Gas Pipeline Investments generated $32M in revenue, accounting 0.03% of the company's total revenue Retail Electric - Residential generated $6.6B in revenue, accounting 5.46% of the company's total revenue, up 6.40% year-over-year. Retail Electric - Other generated $102M in revenue, accounting 0.08% of the company's total revenue, up 9.68% year-over-year. Retail Electric - Industrial generated $3.76B in revenue, accounting 3.11% of the company's total revenue, up 22.73% year-over-year. Retail Electric - Commercial generated $5.37B in revenue, accounting 4.44% of the company's total revenue, up 10.09% year-over-year. Other Revenues generated $1.08B in revenue, accounting 0.89% of the company's total revenue, up 0.19% year-over-year. Other Natural Gas generated $687M in revenue, accounting 0.57% of the company's total revenue, down -74.25% year-over-year. Other Natural Gas - Other Natural Gas Revenues generated $51M in revenue, accounting 0.04% of the company's total revenue, up 41.67% year-over-year. Other Natural Gas - Gas Marketing Services generated $636M in revenue, accounting 0.53% of the company's total revenue, up 37.07% year-over-year. Natural Gas Distribution - Transportation generated $1.19B in revenue, accounting 0.98% of the company's total revenue, up 14.26% year-over-year. Natural Gas Distribution - Residential generated $2.84B in revenue, accounting 2.35% of the company's total revenue, up 58.03% year-over-year. Natural Gas Distribution - Other generated $342M in revenue, accounting 0.28% of the company's total revenue, up 27.14% year-over-year. Natural Gas Distribution - Industrial generated $84M in revenue, accounting 0.07% of the company's total revenue, up 71.43% year-over-year. Natural Gas Distribution - Commercial generated $763M in revenue, accounting 0.63% of the company's total revenue, up 62.34% year-over-year. Other Electric Revenue generated $747M in revenue, accounting 0.62% of the company's total revenue Natural Gas generated $5.96B in revenue, accounting 4.93% of the company's total revenue Wholesale, Non-Affiliates generated $2.46B in revenue, accounting 2.03% of the company's total revenue, up 0.12% year-over-year. Retail generated $18.2B in revenue, accounting 15.05% of the company's total revenue, up 22.52% year-over-year. Product and Service, Other generated $732M in revenue, accounting 0.61% of the company's total revenue, up 3.39% year-over-year. Electric Utilities generated $22.87B in revenue, accounting 18.92% of the company's total revenue Southern Power generated $3.37B in revenue, accounting 2.79% of the company's total revenue Southern Company Gas generated $5.96B in revenue, accounting 4.93% of the company's total revenue Natural Gas Distribution generated $5.22B in revenue, accounting 4.32% of the company's total revenue, up 43.94% year-over-year. Wholesale Electric - Non-PPA Revenues generated $250M in revenue, accounting 0.21% of the company's total revenue, up 5.93% year-over-year. Other Revenue Sources generated $3.34B in revenue, accounting 2.76% of the company's total revenue, down -0.33% year-over-year. Retail Electric generated $15.84B in revenue, accounting 13.10% of the company's total revenue, up 11.20% year-over-year. Wholesale Electric - PPA Energy Revenues generated $2.27B in revenue, accounting 1.88% of the company's total revenue, up 102.67% year-over-year. Wholesale Electric Revenues generated $3.12B in revenue, accounting 2.58% of the company's total revenue, up 68.56% year-over-year. Wholesale, Affiliates generated $460M in revenue, accounting 0.38% of the company's total revenue, up 144.68% year-over-year. Corporate and Other generated $55M in revenue, accounting 0.05% of the company's total revenue Gas Distribution Operations generated $5.27B in revenue, accounting 4.36% of the company's total revenue
What is Southern Company’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Southern Company was Electric Utilities. This segment made a revenue of $22.87B, representing 18.92% of the company's total revenue.