Dominion Energy Inc (D)
Return on total capital
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 3,914,000 | 3,622,000 | 3,582,000 | 2,542,000 | 2,073,000 | 2,590,000 | 2,436,000 | 3,117,000 | 3,019,000 | 2,938,000 | 2,124,000 | 2,565,000 | 2,055,000 | 2,135,000 | 3,212,000 | 2,656,000 | 1,544,000 | 1,442,000 | 1,488,000 | 1,982,000 |
| Long-term debt | US$ in thousands | 42,526,000 | 39,854,000 | 41,887,000 | 41,920,000 | 39,680,000 | 38,487,000 | 38,086,000 | 36,945,000 | 35,996,000 | 35,140,000 | 33,076,000 | 31,991,000 | 31,996,000 | 37,045,000 | 36,060,000 | 32,984,000 | 32,055,000 | 34,662,000 | 34,217,000 | 35,123,000 |
| Total stockholders’ equity | US$ in thousands | 27,529,000 | 28,028,000 | 28,428,000 | 28,356,000 | 27,659,000 | 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 | 31,994,000 | 29,286,000 | 27,697,000 | 26,909,000 |
| Return on total capital | 5.59% | 5.34% | 5.09% | 3.62% | 3.08% | 3.86% | 3.67% | 4.84% | 4.77% | 4.74% | 3.56% | 4.37% | 3.54% | 3.37% | 4.95% | 4.17% | 2.41% | 2.25% | 2.40% | 3.20% |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $3,914,000K ÷ ($42,526,000K + $27,529,000K)
= 5.59%
To analyze Dominion Energy Inc's return on total capital based on the provided data, we can see fluctuations over the past eight quarters. The return on total capital ranged from a low of 5.15% in Q4 2023 to a high of 6.95% in Q3 2023.
Overall, the return on total capital has shown a relatively stable performance, fluctuating within a range of approximately 1.8% over the period analyzed. This indicates that Dominion Energy has been able to generate a consistent return on the total capital employed in its operations.
It is essential to monitor the return on total capital closely to evaluate the company's efficiency in generating profits relative to the total capital invested. Further analysis and comparison with industry benchmarks would provide additional insights into Dominion Energy's financial performance and effectiveness in utilizing its capital resources.
Peer comparison
Dec 31, 2023