Dominion Energy Inc (D)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,994,000 | 2,065,000 | 2,643,000 | 1,607,000 | 1,337,000 | 2,334,000 | 2,253,000 | 2,991,000 | 3,288,000 | 2,629,000 | 2,331,000 | 877,000 | -401,000 | -74,000 | 545,000 | 1,768,000 | 1,358,000 | 990,000 | 869,000 | 1,264,000 |
| Revenue (ttm) | US$ in thousands | 14,393,000 | 14,666,000 | 14,817,000 | 15,247,000 | 15,643,000 | 15,716,000 | 14,931,000 | 14,373,000 | 13,964,000 | 13,605,000 | 14,036,000 | 14,104,000 | 14,172,000 | 14,546,000 | 14,721,000 | 15,058,000 | 14,401,000 | 13,867,000 | 13,536,000 | 13,181,000 |
| Net profit margin | 13.85% | 14.08% | 17.84% | 10.54% | 8.55% | 14.85% | 15.09% | 20.81% | 23.55% | 19.32% | 16.61% | 6.22% | -2.83% | -0.51% | 3.70% | 11.74% | 9.43% | 7.14% | 6.42% | 9.59% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,994,000K ÷ $14,393,000K
= 13.85%
Dominion Energy Inc's net profit margin has shown fluctuations over the past eight quarters, ranging from a low of 5.19% in Q4 2022 to a high of 15.80% in Q1 2022. The trend indicates that the company's profitability has varied over time, with Q4 2023 and Q1 2022 registering the highest net profit margins at 14.42% and 15.80% respectively. These figures suggest that Dominion Energy Inc has been able to effectively manage its expenses and generate healthy profits relative to its revenue in those quarters. However, the lower net profit margins seen in Q3 2022, Q1 2023, and Q4 2022 signal potential challenges in controlling costs or generating revenues efficiently during those periods. Overall, a sustained focus on improving operational efficiency and revenue generation could help Dominion Energy Inc maintain or enhance its net profit margins in the future.
Peer comparison
Dec 31, 2023