Dominion Energy Inc (D)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,124,000 | 2,435,000 | 1,644,000 | 1,655,000 | 1,962,000 | 1,685,000 | 2,300,000 | 1,264,000 | 994,000 | 2,377,000 | 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 |
| 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 |
| Net profit margin | 14.69% | 16.69% | 11.37% | 11.70% | 13.63% | 10.68% | 14.44% | 7.73% | 5.93% | 15.12% | 15.09% | 20.81% | 23.55% | 19.32% | 16.61% | 6.22% | -2.83% | -0.49% | 3.56% | 10.94% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,124,000K ÷ $14,459,000K
= 14.69%
Net profit margin is a key ratio that reflects the profitability of a company. It is calculated by dividing the net profit by total revenue and is expressed as a percentage.
Analyzing the net profit margin trend of Dominion Energy Inc from March 2020 to December 2024, we observe fluctuations in the profitability of the company. The net profit margin started at a healthy 10.94% in March 2020 but declined to 3.56% in June 2020, reflecting a decrease in profitability. Subsequently, the margins turned negative in September and December 2020, indicating that the company incurred net losses during those periods.
There was a notable recovery in profitability in the following quarters, with the net profit margin improving to 6.22% in March 2021 and reaching a peak of 23.55% in December 2021. This upward trend continued into 2022, but the margins started declining from June 2022 onwards.
Despite fluctuations, the net profit margin remained positive from March 2021 onwards, indicating that Dominion Energy Inc was able to generate profits during most periods. The company demonstrated solid profitability in 2021, with margins above 15% for most of the year. However, the margins tapered off in 2022 and 2023, hovering around the 10-15% range.
Overall, the net profit margin of Dominion Energy Inc has shown variation over the analyzed period, with ups and downs in profitability. It is essential for investors and stakeholders to monitor these trends to assess the company's financial performance and sustainability in the long run.
Peer comparison
Dec 31, 2024