Dominion Energy Inc (D)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 310,440 | 2,732,000 | 540,000 | 1,880,000 | 1,411,000 |
| Revenue | US$ in thousands | 14,459,000 | 14,393,000 | 13,938,000 | 11,419,000 | 14,172,000 |
| Pretax margin | 2.15% | 18.98% | 3.87% | 16.46% | 9.96% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $310,440K ÷ $14,459,000K
= 2.15%
The pretax margin of Dominion Energy Inc has shown significant fluctuations over the years based on the provided data. In the period from December 31, 2020, to December 31, 2024, the pretax margin ranged from a low of 2.15% in December 2024 to a high of 18.98% in December 2023.
The pretax margin is a key indicator of a company's operational efficiency and profitability before taxes. Dominion Energy Inc experienced a notable increase in pretax margin from 9.96% in December 2020 to 16.46% in December 2021, indicating improved profitability during that period. However, there was a sharp decline to 3.87% in December 2022, suggesting potential challenges or changes affecting their profitability.
The significant recovery to 18.98% in December 2023 reflects a strong performance and effective management of costs, contributing to higher profitability. Nonetheless, the pretax margin dropped again to 2.15% in December 2024, which may imply struggles with controlling expenses or other factors impacting their bottom line.
Overall, Dominion Energy Inc's pretax margin analysis highlights the company's ability to adapt to changing market conditions and operational challenges, showcasing both strengths and areas that may require further attention to sustain and improve profitability.
Peer comparison
Dec 31, 2024