D Stock - Dominion Energy, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $14.46B | $14.39B | $13.94B | $11.42B | $14.17B |
| Gross Profit | $6.92B | $6.96B | $6.38B | $5.41B | $7.30B |
| Gross Margin | 47.9% | 48.3% | 45.8% | 47.4% | 51.5% |
| Operating Income | $3.25B | $3.41B | $1.43B | $2.00B | $2.06B |
| Net Income | $2.12B | $1.99B | $1.32B | $3.40B | $-401,000,000 |
| Net Margin | 14.7% | 13.9% | 9.5% | 29.8% | -2.8% |
| EPS | $2.44 | $2.38 | $1.19 | $3.99 | $-0.50 |
Dominion Energy, Inc. produces and distributes energy in the United States. The company operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.7 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Gas Distribution segment is involved in the regulated natural gas sales, transportation, gathering, storage, and distribution operations in Ohio, West Virginia, North Carolina, Utah, southwestern Wyoming, and southeastern Idaho that serve approximately 3.1 million residential, commercial and industrial customers. It also has nonregulated renewable natural gas facilities in operation. The Dominion Energy South Carolina segment generates, transmits, and distributes electricity to approximately 772,000 customers in the central, southern, and southwestern portions of South Carolina; and distributes natural gas to approximately 419,000 residential, commercial, and industrial customers in South Carolina. The Contracted Assets segment is involved in the nonregulated long-term contracted renewable electric generation and solar generation facility development operations; and gas transportation, LNG import, and storage operations, as well as in the liquefaction facility. As of December 31, 2021, the company's portfolio of assets included approximately 30.2 gigawatt of electric generating capacity; 10,700 miles of electric transmission lines; 78,000 miles of electric distribution lines; and 95,700 miles of gas distribution mains and related service facilities. The company was formerly known as Dominion Resources, Inc. Dominion Energy, Inc. was incorporated in 1983 and is headquartered in Richmond, Virginia.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 28th 2025 | RBC Capital Mkts | Initiation | Sector Perform | $70 |
| October 28th 2025 | Wells Fargo | Initiation | Overweight | $67 |
| October 22nd 2025 | BTIG Research | Initiation | Neutral | - |
| October 7th 2025 | Evercore ISI | Initiation | In-line | $67 |
| April 8th 2025 | JP Morgan | Downgrade | Underweight | $52← $59 |
| December 2nd 2024 | Morgan Stanley | Resumed | Equal Weight | $61 |
| November 8th 2024 | Goldman | Resumed | Neutral | $61 |
| September 20th 2024 | Jefferies | Initiation | Hold | $58 |
| May 10th 2024 | BofA Securities | Upgrade | Neutral | $54← $43 |
| March 11th 2024 | BMO Capital Markets | Downgrade | Market Perform | $49 |
| November 6th 2023 | Barclays | Upgrade | Overweight | $47← $45 |
| October 16th 2023 | Scotiabank | Downgrade | Sector Perform | $46← $56 |
| August 23rd 2023 | Barclays | Initiation | Equal Weight | $52 |
| June 8th 2023 | Goldman | Resumed | Neutral | $55 |
| June 5th 2023 | Seaport Research Partners | Upgrade | Buy | $59 |
Earnings History & Surprises
DEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 29, 2026 | — | — | — | — |
Q1 2026 | Feb 11, 2026 | $0.70 | — | — | — |
Q4 2025 | Oct 31, 2025 | $0.95 | $1.06 | +11.0% | ✓ BEAT |
Q3 2025 | Aug 1, 2025 | $0.68 | $0.75 | +10.8% | ✓ BEAT |
Q2 2025 | May 1, 2025 | $0.75 | $0.93 | +23.5% | ✓ BEAT |
Q1 2025 | Feb 12, 2025 | $0.56 | $0.58 | +3.6% | ✓ BEAT |
Q4 2024 | Nov 1, 2024 | $0.93 | $0.98 | +5.4% | ✓ BEAT |
Q3 2024 | Aug 1, 2024 | $0.56 | $0.65 | +16.1% | ✓ BEAT |
Q2 2024 | May 2, 2024 | $0.55 | $0.55 | 0.0% | = MET |
Q1 2024 | Feb 22, 2024 | $0.38 | $0.29 | -23.7% | ✗ MISS |
Q4 2023 | Nov 3, 2023 | $0.78 | $0.77 | -1.3% | ✗ MISS |
Q3 2023 | Aug 4, 2023 | $0.47 | $0.53 | +12.8% | ✓ BEAT |
Q2 2023 | May 5, 2023 | $0.97 | $0.99 | +2.1% | ✓ BEAT |
Q1 2023 | Feb 8, 2023 | $1.03 | $1.06 | +2.9% | ✓ BEAT |
Q4 2022 | Nov 4, 2022 | $1.08 | $1.11 | +2.8% | ✓ BEAT |
Q3 2022 | Aug 8, 2022 | $0.77 | $0.77 | 0.0% | = MET |
Q2 2022 | May 5, 2022 | $1.19 | $1.18 | -0.8% | ✗ MISS |
Q1 2022 | Feb 11, 2022 | $0.90 | $0.90 | 0.0% | = MET |
Q4 2021 | Nov 5, 2021 | $1.06 | $1.11 | +4.7% | ✓ BEAT |
Q3 2021 | Aug 6, 2021 | $0.77 | $0.76 | -1.3% | ✗ MISS |
Latest News
Barclays Maintains Overweight on Dominion Energy, Raises Price Target to $64
📈 PositiveJP Morgan Maintains Underweight on Dominion Energy, Lowers Price Target to $59
📉 Negative'Dominion Said to Discuss Deal for NOVEC in Data Center Bet'- Bloomberg
📈 PositiveBMO Capital Maintains Market Perform on Dominion Energy, Lowers Price Target to $65
➖ NeutralDominion Energy May Offer & Sell, From Time To Time Up To $1.8B Common Stock
➖ NeutralDominion Energy Files For Mixed Shelf Offering; Size Not Disclosed
➖ NeutralDominion Energy Narrows FY2025 Adj EPS Guidance from $3.28-$3.52 to $3.33-$3.48 vs $3.40 Est
➖ NeutralDominion Energy Q3 Adj. EPS $1.06 Beats $0.95 Estimate, Sales $4.527B Beat $4.250B Estimate
📈 PositiveWells Fargo Initiates Coverage On Dominion Energy with Overweight Rating, Announces Price Target of $67
📈 PositiveRBC Capital Reinstates Sector Perform on Dominion Energy, Announces $70 Price Target
➖ NeutralMorgan Stanley Maintains Equal-Weight on Dominion Energy, Raises Price Target to $66
➖ NeutralBarclays Maintains Overweight on Dominion Energy, Raises Price Target to $63
📈 PositiveEvercore ISI Group Initiates Coverage On Dominion Energy with In-Line Rating, Announces Price Target of $67
➖ NeutralMorgan Stanley Maintains Equal-Weight on Dominion Energy, Lowers Price Target to $63
➖ Neutral'Trump Plans to Block Development of Another Offshore Wind Farm' - Bloomberg News
📉 NegativeJP Morgan Maintains Underweight on Dominion Energy, Raises Price Target to $59
➖ NeutralFrequently Asked Questions about D
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