Dominion Energy Inc (D)

Return on assets (ROA)

		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
Total assets	US$ in thousands	102,415,000	99,820,000	100,417,000	102,005,000	109,032,000	105,943,000	106,064,000	105,325,000	104,243,000	103,535,000	103,678,000	100,852,000	99,590,000	99,804,000	97,963,000	96,703,000	95,905,000	104,535,000	103,728,000	104,126,000
ROA		2.07%	2.44%	1.64%	1.62%	1.80%	1.59%	2.17%	1.20%	0.95%	2.30%	2.17%	2.97%	3.30%	2.63%	2.38%	0.91%	-0.42%	-0.07%	0.53%	1.70%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $2,124,000K ÷ $102,415,000K
= 2.07%

Dominion Energy Inc's Return on Assets (ROA) has shown fluctuations over the past few years. From March 31, 2020, to December 31, 2022, the ROA was negative, indicating that the company's assets were not generating sufficient earnings. However, starting from March 31, 2023, the ROA turned positive and increased steadily over the next few quarters, reaching its peak at 3.30% by December 31, 2021.

Between March 31, 2022, and December 31, 2024, Dominion Energy Inc's ROA fluctuated within the range of 0.95% to 2.44%. The company's ROA demonstrates a moderate level of profitability during this period, suggesting that its assets were efficiently utilized to generate earnings.

Overall, Dominion Energy Inc's ROA performance improved significantly compared to the negative trend observed in earlier periods, indicating better asset utilization and enhanced profitability in recent quarters.