Dominion Energy Inc (D)
Operating profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 3,247,000 | 3,414,000 | 1,433,000 | 1,996,000 | 2,055,000 |
Revenue | US$ in thousands | 14,459,000 | 14,393,000 | 13,938,000 | 11,419,000 | 14,172,000 |
Operating profit margin | 22.46% | 23.72% | 10.28% | 17.48% | 14.50% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $3,247,000K ÷ $14,459,000K
= 22.46%
Dominion Energy Inc's operating profit margin has shown fluctuations over the years, indicating changes in its operational efficiency and profitability. The margin stood at 14.50% as of December 31, 2020, showing a moderate level of profitability.
There was a significant improvement in the operating profit margin to 17.48% by December 31, 2021, reflecting enhanced operational performance. However, by December 31, 2022, the margin dropped to 10.28%, which may indicate challenges in managing operating costs or generating revenues.
Subsequently, there was a substantial recovery in the operating profit margin, reaching 23.72% by December 31, 2023, suggesting improved efficiency and profitability in operations. This positive trend continued into December 31, 2024, with a margin of 22.46%, signaling sustained profitability for the company.
Overall, Dominion Energy Inc's operating profit margin has experienced fluctuations but has shown an upward trajectory in recent years, indicating efforts to enhance operational efficiency and profitability.
Peer comparison
Dec 31, 2024