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Dominion Energy vs Southern: revenue, profit, margins and growth compared

Dominion Energy brought in $16.5B of revenue in fiscal 2025, Southern $29.6B in fiscal 2025. Revenue changed by +14.3% at Dominion Energy and +10.4% at Southern on the year before, so Dominion Energy grew faster. Dominion Energy kept 18.1% of its revenue as net profit, Southern 14.7%.

Side by side, latest fiscal year

DSO
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$16.5B$29.6B
Revenue growth+14.3%+10.4%
Net income$3B$4.3B
Net margin18.1%14.7%
Free cash flown/a-$2.9B
Free cash flow marginn/a-9.9%
Earnings per share (diluted)$3.45$3.92
Cash$250M$1.6B
Debt$46.3B$71.9B
Price to earnings17.621.1
Market value$53.4B$95.3B
Dividend yield4.40%3.55%
Rank by revenue in sector#18 of 109 · Utilities#5 of 109 · Utilities

Over the years

Revenue
D FY2018: $11.2BD FY2019: $14.4BD FY2020: $14.2BD FY2021: $11.7BD FY2022: $14.6BD FY2023: $14.4BD FY2024: $14.5BD FY2025: $16.5BSO FY2018: $25.2BSO FY2019: $22.6BSO FY2020: $21.1BSO FY2021: $23.5BSO FY2022: $29.3BSO FY2023: $25.3BSO FY2024: $26.8BSO FY2025: $29.6BFY18FY19FY20FY21FY22FY23FY24FY25
D $16.5BSO $29.6B
Net income
D FY2018: $2.4BD FY2019: $1.4BD FY2020: -$401MD FY2021: $3.4BD FY2022: $1.2BD FY2023: $2BD FY2024: $2BD FY2025: $3BSO FY2018: $2.2BSO FY2019: $4.7BSO FY2020: $3.1BSO FY2021: $2.4BSO FY2022: $3.5BSO FY2023: $4BSO FY2024: $4.4BSO FY2025: $4.3BFY18FY19FY20FY21FY22FY23FY24FY25
D $3BSO $4.3B
Net margin
D FY2018: 21.9%D FY2019: 9.4%D FY2020: -2.8%D FY2021: 29.1%D FY2022: 8.2%D FY2023: 13.6%D FY2024: 14.1%D FY2025: 18.1%SO FY2018: 8.8%SO FY2019: 21.0%SO FY2020: 14.8%SO FY2021: 10.2%SO FY2022: 12.0%SO FY2023: 15.7%SO FY2024: 16.4%SO FY2025: 14.7%FY18FY19FY20FY21FY22FY23FY24FY25
D 18.1%SO 14.7%
Revenue growth
D FY2019: +28.6%D FY2020: -1.6%D FY2021: -17.7%D FY2022: +24.8%D FY2023: -1.1%D FY2024: +0.5%D FY2025: +14.3%SO FY2019: -10.5%SO FY2020: -6.6%SO FY2021: +11.2%SO FY2022: +24.8%SO FY2023: -13.8%SO FY2024: +6.0%SO FY2025: +10.4%FY19FY20FY21FY22FY23FY24FY25
D +14.3%SO +10.4%
Free cash flow
D FY2018: $519MD FY2019: $224MSO FY2018: -$1.1BSO FY2019: -$1.8BSO FY2020: -$826MSO FY2021: -$1.4BSO FY2022: -$1.6BSO FY2023: -$1.5BSO FY2024: $833MSO FY2025: -$2.9BFY18FY19FY20FY21FY22FY23FY24FY25
D $224MSO -$2.9B

Fiscal years as each company reports them; the two may end in different months.

Questions about Dominion Energy and Southern

Which is bigger by revenue, Dominion Energy or Southern?

Southern is bigger by revenue: $29.6B in fiscal 2025, against $16.5B for Dominion Energy in fiscal 2025.

Which keeps more of its revenue as profit, Dominion Energy or Southern?

Dominion Energy had a net margin of 18.1% in fiscal 2025; Southern had 14.7% in fiscal 2025.

Which grew revenue faster, Dominion Energy or Southern?

In their latest fiscal years revenue changed by +14.3% at Dominion Energy and +10.4% at Southern.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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