D DOMINION ENERGY, INC

Overview and Growth

In fiscal 2025, DOMINION ENERGY, INC recorded $16.51B of revenue, net income of $3.00B, and an operating cash inflow of $5.36B. At $16.51B, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Compared with $14.46B in fiscal 2024, revenue recorded a 14.2% year-over-year increase. On a per-share basis, diluted EPS was $3.45, which connects the reported earnings outcome with the company’s diluted share count. Diluted EPS increased by 48.1% from $2.33 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. At period end, total assets were $115.86B, framing the scale of the company’s operating and financing commitments. Asset turnover was 0.14x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

Operations produced $4.41B of income after the reported operating expense base, before the remaining non-operating and tax effects. Relative to revenue, operating income represented 26.7%, showing how efficiently sales converted into operating profit. After all reported below-operating-line items, the company recorded net income of $3.00B for the fiscal year. Measured against reported revenue, net income produced a 18.2% margin after operating costs and the remaining recognized items. Before income taxes, the company reported $3.61B of earnings, providing a bridge between the operating result and final net income. Measured against revenue, pretax income equaled 21.9%, adding a pre-tax profitability layer between revenue and net income. The company recognized $532.00M of income tax for the period, completing the transition from pretax income to net income. Relative to pretax income, the tax provision measured 14.7%, quantifying the portion of pre-tax earnings paid in income tax. Return on period-end equity was 9.0%, relating annual net income to the equity capital on the balance sheet. Return on period-end assets was 2.6%, connecting net income with the company’s total asset base. Against $2.03B in fiscal 2024, the current $3.00B bottom line finished above the prior-year result in absolute terms.

Liquidity and Capital Structure

At period end, the $115.86B asset base was financed through $82.44B of liabilities and $33.42B of equity. Current assets were $8.07B against $10.44B of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 0.77x, current liabilities exceeded current assets and placed pressure on the company’s near-term liquidity position. Reported cash and equivalents were $250.00M, separating immediately recognizable cash resources from the rest of the current-asset base. The cash balance equaled 2.4% of current liabilities, showing how much near-term coverage came from cash alone. Borrowings totaled $48.79B, adding a fixed financing obligation alongside the company’s equity capital. Debt equaled 1.46x of book equity, describing the relative scale of borrowing and shareholder capital. Relative to total assets, debt measured 42.1%, showing how much of the asset base was matched by borrowing. Relative to total assets, liabilities measured 71.2%, complementing the separate equity-based view of the company’s capital structure. The cash-to-assets relationship was 0.2%, comparing reported cash and equivalents with the full positive asset balance. The asset base changed 13.1% from $102.42B in fiscal 2024, leaving current total assets higher year over year. Reported equity changed 10.7% from $30.19B in fiscal 2024, placing the current capital base higher year over year. Compared with $310.00M in fiscal 2024, the current cash balance moved 19.4% and finished lower.

Cash Flow and Earnings Quality

Cash flow from operations was $5.36B, a reported cash inflow that can be compared directly with net income and capital spending. The operating-cash-flow-to-net-income relationship was 1.79x, comparing cash generated by operations with the bottom-line earnings result.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.