Dominion Energy Inc (D)

Return on equity (ROE)

		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 stockholders’ equity	US$ in thousands	25,153,000	27,529,000	27,881,000	27,308,000	26,117,000
ROE		0.01%	7.24%	4.74%	12.45%	-1.54%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $2,440K ÷ $25,153,000K
= 0.01%

From 2020 to 2024, Dominion Energy Inc's Return on Equity (ROE) has displayed fluctuating trends. In 2020, the company reported a negative ROE of -1.54%, indicating that its net income was insufficient to cover shareholders' equity. However, in the subsequent years, the company's ROE improved significantly.

By the end of 2021, Dominion Energy's ROE had risen to 12.45%, reflecting a strong performance in generating profit relative to shareholders' equity. This increase suggests the company effectively utilized its shareholders' investments to generate earnings.

In 2022, the ROE decreased to 4.74%, indicating a slight decline in profitability compared to the previous year. However, the company managed to maintain a positive ROE, albeit at a lower level.

By the end of 2023, Dominion Energy's ROE improved to 7.24%, showing a rebound in profitability. This increase may indicate improved operational efficiency or better financial management by the company.

Finally, in 2024, the ROE dropped significantly to 0.01%, signaling a sharp decline in profitability. This decrease suggests that Dominion Energy may have faced challenges or incurred losses during this period.

Overall, the fluctuating trend in Dominion Energy Inc's ROE over the years indicates varying levels of profitability and efficiency in utilizing shareholders' equity. Further analysis of the company's financial performance and strategic decisions would be necessary to fully understand the factors contributing to these changes in ROE.