Dominion Energy Inc (D)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 27,253,000 | 27,531,000 | 27,073,000 | 27,421,000 | 27,529,000 | 28,028,000 | 28,428,000 | 28,356,000 | 27,881,000 | 28,573,000 | 28,297,000 | 27,520,000 | 27,308,000 | 26,906,000 | 26,550,000 | 26,699,000 | 26,117,000 | 26,336,000 | 28,871,000 | 30,726,000 |
| ROE | 7.79% | 8.84% | 6.07% | 6.04% | 7.13% | 6.01% | 8.09% | 4.46% | 3.57% | 8.32% | 7.96% | 10.87% | 12.04% | 9.77% | 8.78% | 3.28% | -1.54% | -0.28% | 1.89% | 5.75% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,124,000K ÷ $27,253,000K
= 7.79%
Based on the provided data for Dominion Energy Inc's return on equity (ROE) from March 31, 2020, to December 31, 2024, the company's ROE has fluctuated over time.
The ROE started at a relatively low level of 5.75% in March 2020, indicating that the company was generating a modest return on shareholders' equity. However, the ROE decreased significantly in subsequent periods, reaching negative values in September and December 2020, suggesting that the company's profitability was under pressure during that time frame.
From March 2021 onwards, Dominion Energy Inc's ROE showed an improvement, with successive quarters of positive growth. The ROE increased to double digits in December 2021, indicating a more robust performance in generating returns for shareholders.
Although the ROE experienced fluctuations in the following quarters, it generally remained positive, with some variability in the magnitude of the returns. The ROE ranged between 3.57% and 12.04% from December 2022 to December 2024, indicating a mix of profitability levels during this period.
Overall, Dominion Energy Inc's ROE trended positively over the analyzed period, demonstrating an ability to generate returns on shareholders' equity, with some variability in performance across different quarters. Further analysis and consideration of industry benchmarks may provide additional insight into the company's financial performance and efficiency in utilizing equity capital.
Peer comparison
Dec 31, 2024