Dominion Energy Inc (D)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,440 | 1,994,000 | 1,321,000 | 3,399,000 | -401,000 |
| Revenue | US$ in thousands | 14,459,000 | 14,393,000 | 13,938,000 | 11,419,000 | 14,172,000 |
| Net profit margin | 0.02% | 13.85% | 9.48% | 29.77% | -2.83% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $2,440K ÷ $14,459,000K
= 0.02%
Net profit margin is a key profitability ratio that indicates the percentage of revenue that translates into profit after all expenses have been deducted. For Dominion Energy Inc, the net profit margin has shown significant fluctuations over the years based on the provided data.
In December 2020, the net profit margin was negative at -2.83%, indicating that the company's expenses exceeded its revenue, resulting in a loss. However, there was a remarkable improvement in December 2021, with a net profit margin of 29.77%, reflecting a strong performance where a high percentage of revenue was converted into profit.
The net profit margin decreased in December 2022 to 9.48%, which could suggest an increase in expenses or a dip in revenue compared to the previous year. By December 2023, the net profit margin improved to 13.85%, showing a positive trend in profitability.
However, in December 2024, the net profit margin was only 0.02%, indicating that the company's profitability was minimal, potentially due to various factors such as increased expenses or a decline in revenue.
Overall, Dominion Energy Inc's net profit margin has displayed fluctuations over the years, with a mix of strong performances and challenges that have impacted the company's ability to generate profit effectively from its revenue. Monitoring and analyzing the net profit margin can provide valuable insights into the company's financial health and performance.
Peer comparison
Dec 31, 2024