Dominion Energy Inc (D)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 14,459,000 | 6,958,000 | 6,377,000 | 5,412,000 | 7,302,000 |
| Revenue | US$ in thousands | 14,459,000 | 14,393,000 | 13,938,000 | 11,419,000 | 14,172,000 |
| Gross profit margin | 100.00% | 48.34% | 45.75% | 47.39% | 51.52% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $14,459,000K ÷ $14,459,000K
= 100.00%
Dominion Energy Inc's gross profit margin has shown a fluctuating trend over the years. Starting at 51.52% in December 2020, the margin dropped to 47.39% by December 2021, and further decreased to 45.75% by December 2022. However, there was a slight recovery in December 2023 with a margin of 48.34%. Notably, in December 2024, the gross profit margin seemingly jumped significantly to 100.00%. It would be important to investigate further to understand the reasons behind such a sharp increase and assess its sustainability. Overall, the trend indicates some volatility in the company's ability to generate profit after accounting for the cost of goods sold.
Peer comparison
Dec 31, 2024