Southern Co
NYSE:SO
ROA
Return on Assets
ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.
ROA Across Competitors
| Country | Company | Market Cap | ROA | ||
|---|---|---|---|---|---|
| US |
|
Southern Co
NYSE:SO
|
97.2B USD |
3%
|
|
| US |
|
Nextera Energy Inc
NYSE:NEE
|
148B USD |
3%
|
|
| ES |
|
Iberdrola SA
MAD:IBE
|
101.5B EUR |
3%
|
|
| US |
|
Constellation Energy Corp
NASDAQ:CEG
|
95.7B USD |
6%
|
|
| IT |
|
Enel SpA
MIL:ENEL
|
80.8B EUR |
6%
|
|
| US |
|
Duke Energy Corp
NYSE:DUK
|
89.2B USD |
3%
|
|
| US |
|
American Electric Power Company Inc
NASDAQ:AEP
|
54.3B USD |
3%
|
|
| FR |
|
Electricite de France SA
PAR:EDF
|
46.6B EUR |
-5%
|
|
| US |
|
Exelon Corp
NASDAQ:EXC
|
42.8B USD |
3%
|
|
| DK |
O
|
Oersted A/S
SWB:D2G
|
33B EUR |
0%
|
|
| US |
|
Xcel Energy Inc
NASDAQ:XEL
|
37.9B USD |
3%
|
Southern Co
Glance View
Southern Company, headquartered in Atlanta, Georgia, stands as a meaningful player in the American energy sector, characterized by its resilience and innovation. Established in 1945, the company has grown into one of the largest utilities in the United States, primarily serving the Southeastern region. At its core, Southern Company operates through an extensive network of electric utilities, providing energy to millions of customers across Georgia, Alabama, Mississippi, and the Florida Panhandle. Its business model hinges on the generation, transmission, and distribution of electricity, utilizing a diverse mix of energy sources, including natural gas, nuclear, coal, and renewable energy. This diversity not only ensures energy reliability but also positions the company to navigate the evolving energy landscape, balancing traditional and cleaner energy solutions to meet customer demands and regulatory requirements. Financially, Southern Company generates revenue through utility services, charging customers for the supply and delivery of electricity and gas. Its operational strategy involves significant investments in infrastructure and technology to enhance grid reliability and customer service. Moreover, Southern Company is actively engaged in expanding its renewable energy portfolio and advancing its Research and Development (R&D) efforts to drive sustainability and innovation. In recent years, the company has pursued strategic partnerships and acquisitions to broaden its reach and capabilities in smart energy solutions. While navigating regulatory landscapes and environmental challenges, Southern Company continues to adapt by integrating advanced technologies and focusing on customer-centric approaches, solidifying its stature and strategic direction in the energy sector.
See Also
ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.
Based on Southern Co's most recent financial statements, the company has ROA of 3.2%.
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