DOMINION ENERGY, INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data DOMINION ENERGY, INC files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	11,737	12,586	11,199	14,401	14,172	11,661	14,552	14,393	14,459	16,523
Operating income	3,448	3,937	3,013	1,544	2,055	1,996	1,447	3,414	3,247	4,414
Interest expense	1,010	1,205	1,279	1,486	1,377	1,255	1,002	1,679	1,893	2,022
Interest income	66	82	80	97	107	95	109	119	144	139
Other non-operating income	429	358	885	803	693	1,139	-117	996	841	1,219
Pre-tax income	2,867	3,090	2,619	869	1,411	1,880	328	2,731	2,195	3,611
Income tax	655	-30	522	209	83	-181	59	644	411	532
Income from continuing operations			2,087	653	1,583	2,041	269	2,087	1,837	3,012
Net income to minority interests	89	121	102	18	-149	20	0	0	-53	67
Net income	2,123	2,999	2,447	1,358	-401	3,399	1,191	1,962	2,034	2,998
EBITDA	5,007	5,842	4,673	3,827	4,387	4,113	3,889	5,994	5,592	6,801
EPS, basic	3.07	4.21	3.34	1.48	-0.50	3.68	1.33	2.25	2.33	3.46
EPS, diluted	3.07	4.21	3.34	1.45	-0.51	3.68	1.33	2.25	2.33	3.45
Shares, basic (weighted)	691	713	733	906	931	905	824	836	839	854
Shares, diluted (weighted)	691	713	734	906	931	906	825	837	839	855
Dividend per share	2.50	2.71	2.98	3.28	3.08	2.25	2.67	2.67	2.67	2.67

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	261	120	268	135	172	283	119	184	310	250
Receivables	1,523	1,660	1,749	2,085	2,295	2,219	2,157	2,251	2,169	2,531
Inventory	1,524	1,477	1,418	1,616	1,550	1,631	1,528	1,698	1,764	1,957
Other current assets	319	397	634	218	148	142	210	175	165	696
Total current assets	4,248	4,334	5,161	6,096	6,886	7,269	9,850	25,435	6,613	8,071
Property, plant and equipment	49,964	53,758	54,560	57,200	57,848	59,774	52,312	58,780	68,862	78,967
Lease right-of-use assets				462	564	506	473	578	588	639
Goodwill	6,399	6,405	4,859	7,395	7,381	4,253	4,143	4,143	4,143	4,143
Intangible assets	618	685	670	685	765	784	813	945	1,136	1,682
Long-term investments	6,343	6,964	6,560	7,905	10,238	11,276	6,577	7,538	8,550	9,676
Other non-current assets	487	581	598	1,226	1,950	1,638	1,487	1,507	1,620	6,724
Total assets	71,610	76,585	77,914	103,823	95,905	99,590	104,795	109,080	102,415	115,857
Accounts payable	1,000	875	914	1,023	944	1,197	1,163	921	1,149	1,338
Accrued liabilities	798	848	836	1,284	1,133	1,169	909	1,075	1,045	1,244
Short-term debt	1,709	3,078	3,624	2,462	1,937	841	3,337	6,589	1,725	2,409
Total current liabilities	8,115	9,636	7,647	9,940	10,843	8,673	13,450	24,476	9,289	10,444
Long-term debt	30,231	30,948	31,144	28,998	33,957	37,426	34,584	33,248	37,525	44,075
Lease liabilities				413	516	464	514	627	644	697
Other non-current liabilities	852	863	541	1,463	1,394	1,418	1,275	1,434	1,454	9,373
Total liabilities	54,770	57,215	55,866	69,790	69,444	70,672	77,136	81,513	72,613	82,440
Total debt	32,192	34,293	34,768	30,313	35,894	38,267	41,872	40,206	39,320	46,332
Retained earnings	6,854	7,936	9,219	7,576	4,189	5,373	3,843	2,229	1,641	2,318
Other comprehensive income	-799	-659	-1,700	-1,793	-1,717	-1,458	-1,572	-173	-152	-118
Shareholders' equity	14,605	17,142	20,107	31,994	26,117	27,308	27,659	27,567	26,863	29,083
Minority interests	2,235	2,228	1,941	2,039	344		0	0	2,939	4,334
Total equity	16,840	19,370	22,048	34,033	26,461	26,759	27,433	27,264	29,802	33,417
Total liabilities and equity	71,610	76,585	77,914	103,823	95,905	99,590	104,795	109,080	102,415	115,857
Shares outstanding	704	723	763	939	903	907	835	838	852	879

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	2,212	3,120	2,549	1,376	-550	3,419	1,191	1,962	1,981	3,065
Depreciation and amortization	1,559	1,905	1,660	2,283	2,332	2,117	2,442	2,580	2,345	2,387
Stock-based compensation	33	45	48	46	64	42	36	44	53	46
Deferred income tax	691	-6	146	186	439	409	58	1,527	-235	568
Change in receivables	-286	-103	-110	-105	-292	-183	-985	147	208	-862
Change in inventory	1	15	-29	-90	39	-74	-216	-198	-87	-187
Change in payables	97	-89	67	-225	35	156	556	-506	76	66
Cash from operations	4,151	4,502	4,773	5,204	5,227	4,037	3,700	6,572	5,018	5,361
Capital expenditures	-6,085	-5,504	-4,254	-4,980
Acquisitions	0
Purchases of investments	-1,504	-1,940	-1,894	-1,749	-4,379	-3,939	-3,067	-3,152	-3,213	-10,591
Sales and maturities of investments	1,422	1,831	1,804	1,712	4,278	3,985	3,282	2,966	3,072	10,492
Cash from investing	-10,691	-5,942	-2,358	-4,622	-2,916	-6,247	-6,746	-7,207	-3,183	-12,969
Debt issued	7,722	3,880	6,362	4,374	6,577	6,400	4,965	3,310	5,993	8,897
Debt repaid	-1,610	-1,572	-5,682	-9,116	-2,879	-3,750	-1,388	-5,673	-2,740	-1,722
Stock issued	2,152	1,302	2,461	2,515	159	192	1,866	94	732	1,488
Share buybacks					-3,080
Dividends paid	-1,727	-1,931	-2,185	-2,983	-2,873	-2,036	-2,209	-2,233	-2,239	-2,278
Cash from financing	6,230	1,303	-2,209	-704	-2,333	2,371	2,979	595	-1,771	7,586
Net change in cash	-310	-137	206	-122	-22	161	-67	-40	64	-22
Free cash flow	-1,934	-1,002	519	224
Interest paid	905	1,083	1,362	1,643	1,519	1,340	1,408	1,991	1,900	1,799
Income taxes paid	145	9	89	106	292	160	139	286	840	186

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to March 31, 2026; growth uses fiscal years. Valuation uses the share price of $60.68 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Operating margin	26.2%	Operating income / revenue.
EBITDA margin	40.1%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	21.1%	Pre-tax income / revenue.
Net margin	16.9%	Net income / revenue.
Operating cash flow margin	28.9%	Cash from operations / revenue.
Effective tax rate	14.6%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	10.1%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	2.5%	Net income / average total assets.
Return on invested capital (ROIC)	5.1%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
D&A / revenue	13.9%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	14.3%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	4.3%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	3.1%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	35.9%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	45.0%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	16.5%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	21.6%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	20.5%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	9.2%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	47.4%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	36.0%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y	48.1%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	37.4%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y	6.8%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	13.2%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	0.5%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	0.0%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	0.0%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	-2.8%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	8.3%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	1.7%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	2.2%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	13.1%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	3.4%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	3.9%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	1.9%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	1.2%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-1.7%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	0.78x	Current assets / current liabilities.
Quick ratio	0.24x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.03x	(Cash + short-term investments) / current liabilities.
Debt / equity	1.67x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	41.0%	Total debt / total assets.
Liabilities / assets	71.6%	Total liabilities / total assets.
Net debt	$48.32B	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	6.88x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage	2.18x	Operating income / interest expense.
Working capital	-$2.58B	Current assets - current liabilities.
Goodwill and intangibles / assets	3.5%	(Goodwill + intangible assets) / total assets.
Tangible book value	$25.00B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.15x	Revenue / average total assets.
Fixed asset turnover	0.22x	Revenue / average property, plant and equipment.
Receivables turnover	7.34x	Revenue / average receivables.
Days sales outstanding	50 days	365 x average receivables / revenue.

Per share

Metric	Value	How it is calculated
EPS, diluted	$3.38	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$19.91	Revenue / diluted weighted shares.
Operating cash flow per share	$5.75	Cash from operations / diluted weighted shares.
Book value per share	$33.16	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$28.45	Tangible book value / shares outstanding.
Cash per share	$0.40	(Cash + short-term investments) / shares outstanding.
Payout ratio	77.7%	Dividends paid / net income, when net income is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$53.37B	Share price x shares outstanding.
Enterprise value	$101.69B	Market cap + total debt - cash - short-term investments.
P/E	18.1x	Market cap / net income. Only when net income is positive.
P/S	3.05x	Market cap / revenue.
P/B	1.83x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	2.13x	Market cap / tangible book value, when positive.
P/OCF	10.5x	Market cap / cash from operations, when positive.
EV/Sales	5.80x	Enterprise value / revenue.
EV/EBIT	22.2x	Enterprise value / operating income, when both are positive.
EV/EBITDA	14.5x	Enterprise value / EBITDA, when both are positive.
Earnings yield	5.5%	Net income / market cap (the inverse of P/E).
Dividend yield	4.3%	Dividends paid over the period / market cap.
Shareholder yield	4.3%	(Dividends paid + share buybacks) / market cap.
PEG	0.48x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was DOMINION ENERGY, INC's revenue in fiscal 2025?

DOMINION ENERGY, INC reported revenue of $16.52B for fiscal 2025, 14.3% higher than the year before.

Was DOMINION ENERGY, INC profitable in fiscal 2025?

Yes. Net income was $3.00B, a net margin of 18.1%.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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