Dominion Energy Inc (D)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 6,922,000 | 7,148,000 | 6,929,000 | 6,648,000 | 6,951,000 | 7,485,000 | 7,421,000 | 7,703,000 | 7,604,000 | 7,240,000 | 6,910,000 | 6,757,000 | 6,706,000 | 6,534,000 | 7,050,000 | 7,186,000 | 7,302,000 | 7,823,000 | 7,824,000 | 7,896,000 |
| Revenue (ttm) | US$ in thousands | 14,459,000 | 14,593,000 | 14,462,000 | 14,142,000 | 14,393,000 | 15,772,000 | 15,925,000 | 16,355,000 | 16,751,000 | 15,718,000 | 14,931,000 | 14,373,000 | 13,964,000 | 13,605,000 | 14,036,000 | 14,104,000 | 14,172,000 | 15,126,000 | 15,301,000 | 16,165,000 |
| Gross profit margin | 47.87% | 48.98% | 47.91% | 47.01% | 48.29% | 47.46% | 46.60% | 47.10% | 45.39% | 46.06% | 46.28% | 47.01% | 48.02% | 48.03% | 50.23% | 50.95% | 51.52% | 51.72% | 51.13% | 48.85% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $6,922,000K ÷ $14,459,000K
= 47.87%
Dominion Energy Inc's gross profit margin has experienced fluctuations over the period from March 31, 2020, to December 31, 2024. The gross profit margin, which represents the percentage of revenue left after deducting the cost of goods sold, started at 48.85% in March 2020, showing a moderate level of profitability.
The margin increased steadily to reach its peak of 51.72% by September 30, 2020, indicating an improvement in the company's ability to generate profit from its core operations. Subsequently, the margin slightly decreased but remained above 50% until March 31, 2021.
From June 2021, a gradual decline in the gross profit margin was observed, with the margin dropping to 46.28% by June 30, 2022. This downward trend continued until September 30, 2024, when the margin reached its lowest point of 46.06%. However, there was a slight recovery by December 31, 2024, with the gross profit margin standing at 47.87%.
Overall, Dominion Energy Inc's gross profit margin has shown variability over the analyzed period, indicating changes in the company's cost structure and pricing strategies that have impacted its profitability from sales. Analyzing the trend in the gross profit margin can provide insights into the company's operational efficiency and pricing power.
Peer comparison
Dec 31, 2024