Southern Company

Industry: Electric Utilities

Fortune Rank: 145

SO is a holding company for Alabama, Georgia, Gulf, Mississippi and Savannah public utility companies as well as Southern LINC, Southern Nuclear, Southern Telecom, SCS, Energy Solutions and other subsidiaries. For the 6 months ended 6/30/05, revenues increased 5% to $6.01B. Net income applicable to Common increased 4% to $709.8M. Results reflect increased demand for electricity, partially offset by higher fuel costs.

Southern Company owns all the outstanding common stock of Alabama Power Company, Georgia Power Company, Gulf Power Company, Mississippi Power Company and Savannah Electric and Power Company, each of which is an operating public utility company. The retail operating companies supply electric service in the states of Alabama, Georgia, Florida, Mississippi and Georgia, respectively. In addition, Southern Company owns all of the common stock of Southern Power Company, which is also an operating public utility company. Southern Company also owns all the outstanding common stock of Southern Communications Services, Inc. (SouthernLINC Wireless), Southern Company Gas LLC (Southern Company GAS), Southern Nuclear Operating Company, Inc., Southern Company Services, Inc. (SCS), Southern Telecom, Inc, Southern Company Holdings, Inc., and other direct and indirect subsidiaries.

Southern Company

Southern Company is a Fortune 500 company. In 2010 Southern Company was ranked number 145 on the Fortune 500 list, making it the 145th largest company in the United States when judged by revenue.

Southern Company achieved revenue of $15,743.00 million in 2010 and earned a profit of $1,643.00 million.

Southern Company' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 145th compared to 149th in 2009. This was based on its 2009 revenue of $17,127 million (a change of -2 million compared to 2010) and profits of $1,742 million (a change of $0 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Southern Company would be ranked 82nd rather than 145th due to its profits of $1,643 in 2010.

Southern Company Revenue* Profit* Fortune Ranking
201015,7431,643145
200917,1271,742149
200815,3531,734166
200714,3561,573168
200613,5541,591165

* US$ Million

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