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Southern Co
NYSE:SO

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Southern Co
NYSE:SO
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Price: 73.91 USD 0.9% Market Closed
Updated: Apr 25, 2024

ROA
Return on Assets

2.9%
Current
2%
Average
2.7%
Industry
Positive for the last year
2.9%
Positive average
2%
Better than average
Better than industry value

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
2.9%
=
Net Income
4B
/
Total Assets
137B

ROA Across Competitors

ROA Comparison
Southern Co Competitors

Country US
Market Cap 81.2B USD
ROA
3%
Country US
Market Cap 136.6B USD
ROA
4%
Country ES
Market Cap 72.5B EUR
ROA
3%
Country US
Market Cap 76.3B USD
ROA
2%
Country IT
Market Cap 61.8B EUR
ROA
2%
Country US
Market Cap 59B USD
ROA
3%
Country FR
Market Cap 46.6B EUR
ROA
-5%
Country DK
Market Cap 45.3B EUR
ROA
-7%
Country US
Market Cap 45.4B USD
ROA
2%
Country US
Market Cap 44.4B USD
ROA
2%
Country US
Market Cap 37.7B USD
ROA
2%

Profitability Report

View the profitability report to see the full profitability analysis for Southern Co.

See Also

Discover More
What is 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
2.9%
=
Net Income
4B
/
Total Assets
137B
What is the ROA of Southern Co?

Based on Southern Co's most recent financial statements, the company has ROA of 2.9%.