Southern Company
-1.44 %
15.9 %
Yet to be announced
Company Overview
The Southern Company engages in the generation, transmission, and distribution of electricity. It operates through Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing Services segments. The company constructs, operates, and maintains 76,289 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers.
Revenue Sources
PassBased on the company's primary business activities and revenue sources, Southern Company generates its revenue primarily from regulated utility services, including electricity generation, transmission, and distribution, as well as natural gas distribution. These core business activities are halal as they provide essential services and involve the exchange of real products and services.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $7.78b | $6.48b | - | $714.0m | 0.00% | 11.02% |
| Dec. 31, 2024 | $6.34b | $5.97b | - | $692.0m | 0.00% | 11.58% |
| Sept. 30, 2024 | $7.27b | $5.6b | - | $692.0m | 0.00% | 12.36% |
| June 30, 2024 | $6.46b | $5.22b | - | $694.0m | 0.00% | 13.30% |
Analyzing the last four quarters of financial data, Southern Company's interest expenses relative to total expenses are significant. Interest expenses ranged from $634 million to $694 million per quarter, while total expenses ranged from $5.2 billion to $5.6 billion. This indicates that interest expense consistently represents a material portion of the company's expenses, exceeding the acceptable threshold for halal investments.
Operational Ethics
PassBased on available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily focused in the southeastern United States.
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