Based in Richmond, Virginia, Dominion Energy is an integrated energy company with over 31 gigawatts of electric generation capacity and more than 91,000 miles of electric transmission and distribution lines. Dominion is constructing a rate-regulated 5.2 GW wind farm off the Virginia Beach coast.
It is a $54.2B utility company. Revenue grew 19.0% over the last year, it keeps 14¢ of every dollar of sales as profit, and it carries $22.9B of net debt. It trades at 21.4× earnings — in the cheapest third of its own history.
- Website
- dominionenergy.com
- Location
- Richmond, VA
- Employees
- 15 200
- Sector
- Utilities
- Founded
- 1909
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Growth, Health and Moat lag behind.
Valuation52
- P/E vs own history24th pct · 20/25
- FCF yield-8.8% · 0/25
- P/S3.1x · 20/25
- EV/EBITDA17.1x · 12/25
Growth26
- Revenue CAGR4.3% · 6/25
- Net income CAGR-2.3% · 0/25
- EPS CAGR ~5Yn/a · 0/25
- Fwd implied growth28.6% · 20/25
Profitability57
- ROIC5.8% · 5/25
- ROE8.8% · 12/25
- Net margin14.0% · 20/25
- Operating margin21.6% · 20/25
Health31
- Altman Z0.50 · 3/25
- Current ratio0.81 · 6/25
- Interest coverage4.2x · 10/25
- Net cash / debtD/A 20% · 12/25
Quality62
- Piotroski F8/9 · 25/25
- Beneish M-2.75 · 25/25
- FCF conversion-189% · 0/25
- Margin stabilityσ 10.0% · 12/25
Moat11
- ROIC >12% years0/8 yrs · 0/25
- Median gross margin24.2% · 6/25
- FCF-positive years2/8 yrs · 0/25
- Worst-year net marginworst -2.8% · 5/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- May 18, 2026AcquisitionNextEra Energy announced that deal had been reached to acquire Dominion in an all-stock transaction…
- 2023AcquisitionEnbridge agreed to acquire East Ohio Gas, Questar Gas
- FY2021FinancialBest year on record$3.29B net income
- 2019AcquisitionDominion Energy completed its acquisition of SCANA Corporation
- 2018ProductDominion Energy launched a "grid transformation program." The program's aim was to build…
- 2017MilestoneDominion Resources rebranded itself to Dominion Energy, following with a new logo
- FY2016FinancialFirst recorded profitable year$2.12B net income
- FY2016FinancialRevenue already above $10B$11.7B in first reported year
- 2016AcquisitionThe company acquired Questar Corporation in the Western United States, including parts of Utah and Wyoming, in…
- 2001AcquisitionDominion bought Louis Dreyfus Natural Gas Company, adding to its natural gas delivery network
- 2000AcquisitionDominion bought Consolidated Natural Gas Company (CNG) of Pittsburgh
- 1980MilestoneVEPCO began branding itself as "Virginia Power," while branding its North Carolina operations as "North…
- Jun 29, 1909FoundedDominion's closest direct corporate ancestor, Virginia Railway & Power Company, was founded by Frank Jay Gould on…
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (43.0%)
- Revenue growing 19.0% year over year
- Piotroski F-Score 8/9 — fundamentally strong checklist
Watch-outs
- Negative free cash flow (-$4.8B)
- Altman Z-Score 0.50 — elevated financial-distress risk
- Loss-making in 1 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+19.0% YoY
- Profitable — makes more than it spends$2.53B TTM
- Profit growing — earnings are higher than last year+26.6% YoY
- Generates cash — cash left after running and investing-$4.79B TTM
- Debt under control — could handle its obligationscurrent ratio 0.81
- Established company — not a micro-cap — lower blow-up risk$54.2B market cap
- Not printing shares — share count not ballooning — you keep your slice+23.5% shares over ~5y
- Proven track record — years of profitability behind it9/10 profitable years
- Financially stable — balance sheet not near distressAltman Z 0.5 — distress
- Pays a dividend — returns cash to shareholdersyield 4.27%
- Valuation not extreme — price not wildly above earningsP/E 21.4
Peer comparisonDominion Energy, Inc vs 6 largest utilities peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| D this company | $54.2B | 21.4 | +19.0% | 14.0% | Strained |
| NEE NextEra Energy, Inc. | $161.3B | 17.4 | +10.8% | 32.4% | Strained |
| CEG Constellation Energy Corporation | $105.8B | 30.5 | +26.0% | 11.1% | Strained |
| SO The Southern Company | $99.1B | 21.3 | +6.4% | 15.4% | Strained |
| DUK Duke Energy Corporation | $90.9B | 17.3 | +6.3% | 15.8% | Strained |
| WMB Williams Companies Inc. | $89.2B | 29.0 | +8.7% | 25.2% | Strained |
| KMI Kinder Morgan, Inc. | $72.4B | 20.9 | +12.5% | 19.3% | Strained |
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/D
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Deeper analysis of D on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $61.64 · market cap $54.2B.