Dominion Energy Inc (D)

Return on total capital

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
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 4,253,000 4,122,000 3,811,000 3,664,000 3,977,000 4,460,000 4,419,000 4,775,000 4,538,000 4,236,000 3,864,000 3,284,000 3,319,000 3,210,000 3,772,000 3,936,000 4,099,000 4,524,000 4,535,000 4,460,000
Long-term debt US$ in thousands
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
Return on total capital 15.61% 14.97% 14.08% 13.36% 14.45% 15.91% 15.54% 16.84% 16.28% 14.83% 13.66% 11.93% 12.15% 11.93% 14.21% 14.74% 15.69% 17.18% 15.71% 14.52%

December 31, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $4,253,000K ÷ ($—K + $27,253,000K)
= 15.61%

Return on total capital is a key financial ratio that measures a company's ability to generate earnings from its total invested capital, including both debt and equity. Looking at the data provided for Dominion Energy Inc, we can observe fluctuations in the return on total capital over the quarters.

The return on total capital for Dominion Energy Inc ranged from 11.93% to 17.18% during the period from March 31, 2020, to December 31, 2024. The ratio peaked at 17.18% in September 30, 2020, indicating a strong performance in utilizing its total capital to generate profits. However, there were fluctuations in the subsequent periods, with the ratio dropping to 11.93% in both March 31, 2021, and September 30, 2021.

Despite the fluctuations, Dominion Energy Inc showed some improvement in the return on total capital towards the end of the period, with the ratio increasing to 15.91% in September 30, 2023, and further improving to 15.61% in December 31, 2024. This suggests that the company was able to enhance its efficiency in generating returns from its total capital investments.

Overall, the trend in Dominion Energy Inc's return on total capital indicates that the company's performance in utilizing its total capital to generate profits varied over the analyzed period, with some fluctuations but a gradual improvement towards the end of the period.