Dominion Energy
D · NYSEElectric Services · Fiscal year ends Dec 31
Dominion Energy reported revenue of $16.5B in the fiscal year ended Dec 2025, up 16.5% from the year before. Operating income was $4.4B, an operating margin of 26.7%, and net income was $3B. Net debt was $48.5B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | $11.7B | $14.6B | $13.5B | $14.2B | $16.5B |
| Operating income | $2B | $1.4B | $3.4B | $3.2B | $4.4B |
| Pre-tax income | $1.9B | $328M | $2.7B | $2.2B | $3.6B |
| Income tax | −$181M | $59M | $644M | $411M | $532M |
| Net income | $3.4B | $1.2B | $2B | $2B | $3B |
| Diluted EPS | 4.12 | 1.33 | 2.25 | 2.33 | 3.45 |
| Diluted shares | 809M | 825M | 837M | 839M | 855M |
Balance sheet
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | $283M | $119M | $184M | $310M | $250M |
| Receivables | $2.2B | $2.2B | $2.3B | $2.2B | $2.5B |
| Inventory | $1.6B | $1.5B | $1.7B | $1.8B | $2B |
| Current assets | $7.3B | $9.9B | $25.4B | $6.6B | $8.1B |
| Net PP&E | $59.8B | $52.3B | $58.8B | $68.9B | $79B |
| Goodwill | $4.3B | $4.1B | $4.1B | $4.1B | $4.1B |
| Total assets | $99.6B | $105B | $109B | $102B | $116B |
| Payables | $1.2B | $1.2B | $921M | $1.1B | $1.3B |
| Deferred revenue | – | – | – | $52M | $45M |
| Current liabilities | $8.7B | $13.5B | $24.5B | $9.3B | $10.4B |
| Short-term debt | $2.3B | $3.4B | $4B | $2.5B | $2.5B |
| Long-term debt | $37.4B | $41.9B | $40.2B | $39.3B | $46.3B |
| Total liabilities | $70.7B | $77.1B | $81.5B | $72.6B | $82.4B |
| Shareholders' equity | $27.3B | $27.7B | $27.6B | $26.9B | $29.1B |
| Backlog (remaining obligations) | $737M | $679M | – | – | – |
Cash flow
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $4B | $3.7B | $6.6B | $5B | $5.4B |
| Depreciation & amortisation | $2.1B | $2.4B | $2.6B | $2.3B | $2.4B |
| Stock-based compensation | $42M | $36M | $44M | $53M | $46M |
| Dividends paid | $2B | $2.2B | $2.2B | $2.2B | $2.3B |
| Dividend per share | 2.52 | 2.67 | 2.67 | 2.67 | 2.67 |
Key ratios
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 24.8% | −7.3% | 5.2% | 16.5% |
| Operating income growth (YoY) | – | −27.5% | 135.9% | −4.9% | 35.9% |
| EPS growth (YoY) | – | −67.7% | 69.2% | 3.6% | 48.1% |
| Operating margin | 17.1% | 9.9% | 25.3% | 22.9% | 26.7% |
| Net margin | 29.1% | 8.2% | 14.5% | 14.3% | 18.1% |
| Return on equityBlank when equity is negative | 12.4% | 4.3% | 7.1% | 7.6% | 10.3% |
| ROCEEBIT ÷ (assets − current liabilities) | 2.2% | 1.6% | 4.0% | 3.5% | 4.2% |
| Cash conversion (CFO ÷ net income) | 1.19x | 3.11x | 3.35x | 2.47x | 1.79x |
| Receivable days | 69 | 54 | 61 | 56 | 56 |
| Debt ÷ equity | 1.46x | 1.64x | 1.60x | 1.56x | 1.68x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | $39.5B | $45.2B | $44B | $41.5B | $48.5B |
| Current ratio | 0.84x | 0.73x | 1.04x | 0.71x | 0.77x |
Recent filings
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Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.