Dominion Energy Inc (D)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 102,415,000 | 109,032,000 | 104,243,000 | 99,590,000 | 95,905,000 |
| ROA | 0.00% | 1.83% | 1.27% | 3.41% | -0.42% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $2,440K ÷ $102,415,000K
= 0.00%
The return on assets (ROA) for Dominion Energy Inc has shown variability over the past five years. Starting at a negative value of -0.42% on December 31, 2020, the company managed to improve its ROA significantly to 3.41% by the end of 2021. However, there was a slight decline in ROA to 1.27% by the end of 2022, followed by a further increase to 1.83% by the end of 2023. Notably, the ROA dropped to 0.00% by the end of 2024.
Overall, Dominion Energy Inc's ROA performance indicates fluctuations in the company's ability to generate profit relative to its total assets. It is important for investors and stakeholders to monitor these changes closely to assess the company's efficiency in utilizing its assets to generate earnings.
Peer comparison
Dec 31, 2024