Dominion Energy (D) AI Stock Analysis

• Market Cap: $50.67B
• Dividend Yield: 4.44%
• Average Volume (3M): 5.56M
• Price to Earnings (P/E): 20.2
• Beta (1Y): 0.09
• Revenue Growth: 12.72%
• EPS Growth: 4.90%
• Country: US
• Employees: 14,700
• Sector: Utilities
• Sector Strength: 65
• Industry: Regulated Electric
• EPS (TTM): 1.06
• Shares Outstanding: 853,913,270
• 10 Day Avg. Volume: 6,630,871
• 30 Day Avg. Volume: 5,562,091
• PEG Ratio: 8.44
• Price to Book (P/B): 1.66
• Price to Sales (P/S): 3.13
• P/FCF Ratio: -6.10
• Enterprise Value/Market Cap: 2.07
• Enterprise Value/Revenue: 6.63
• Enterprise Value/Gross Profit: 13.11
• Enterprise Value/Ebitda: 12.90
• 1Y Price Target: $64.22
• Price Target Upside: 8.22% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 10
• EPS Forecast (FY): 3.41
• Revenue Forecast (FY): $15.97B

• Rating: 63 Neutral
• Price Target: $63.00 ▲(6.17% Upside)

Dominion Energy's overall stock score is driven by its solid financial performance and positive earnings call highlights, including progress on strategic projects and reaffirmed guidance. However, technical indicators suggest bearish momentum, and liquidity concerns remain a risk. The attractive dividend yield and fair valuation provide some support to the stock's appeal.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a positive trajectory and suggests the company is successfully expanding its market reach and product adoption.

Leverage Management

Improved leverage management enhances financial stability, providing the company with more flexibility to invest in growth opportunities and manage economic downturns.

Coastal Virginia Offshore Wind Project

Progress on the CVOW project underscores Dominion's commitment to renewable energy, positioning it well in the transition to cleaner energy sources and enhancing long-term growth prospects.

Negative Factors

Declining Profit Margins

Falling profit margins suggest rising costs or pricing pressures, which could impact long-term profitability and require strategic adjustments to maintain financial health.

Negative Free Cash Flow

Negative free cash flow indicates potential liquidity issues, limiting the company's ability to fund operations and growth without external financing, which could strain financial resources.

CVOW Project Cost Increases

Rising costs of the CVOW project could pressure financial resources and affect profitability if not managed effectively, impacting the company's ability to deliver expected returns.

Dominion Energy Business Overview & Revenue Model

Company Description

Dominion Energy, Inc. produces and distributes energy in the United States. The company operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.7 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Gas Distribution segment is involved in the regulated natural gas sales, transportation, gathering, storage, and distribution operations in Ohio, West Virginia, North Carolina, Utah, southwestern Wyoming, and southeastern Idaho that serve approximately 3.1 million residential, commercial and industrial customers. It also has nonregulated renewable natural gas facilities in operation. The Dominion Energy South Carolina segment generates, transmits, and distributes electricity to approximately 772,000 customers in the central, southern, and southwestern portions of South Carolina; and distributes natural gas to approximately 419,000 residential, commercial, and industrial customers in South Carolina. The Contracted Assets segment is involved in the nonregulated long-term contracted renewable electric generation and solar generation facility development operations; and gas transportation, LNG import, and storage operations, as well as in the liquefaction facility. As of December 31, 2021, the company's portfolio of assets included approximately 30.2 gigawatt of electric generating capacity; 10,700 miles of electric transmission lines; 78,000 miles of electric distribution lines; and 95,700 miles of gas distribution mains and related service facilities. The company was formerly known as Dominion Resources, Inc. Dominion Energy, Inc. was incorporated in 1983 and is headquartered in Richmond, Virginia.

How the Company Makes Money

Dominion Energy generates revenue primarily through the sale of electricity and natural gas to residential, commercial, and industrial customers. The company's utility operations are regulated, which allows it to earn a stable return on its investments in infrastructure and service delivery. Key revenue streams include retail electricity sales, natural gas distribution, and the development of renewable energy projects that may qualify for tax credits and incentives. Additionally, Dominion Energy benefits from significant partnerships and joint ventures in renewable energy projects, which help diversify its earnings and align with the growing demand for clean energy solutions.

Dominion Energy Financial Statement Overview

Summary

Dominion Energy demonstrates stable revenue growth and operational efficiency but faces challenges in maintaining profit margins and cash flow. Improved leverage management is a positive sign, yet the company needs to address cash flow issues to enhance financial stability.

Income Statement

Dominion Energy shows a stable revenue growth rate of 2.17% in the TTM period, with a consistent increase over the past few years. The gross profit margin has decreased from 48.34% in 2023 to 37.01% in the TTM, indicating rising costs or pricing pressures. The net profit margin also decreased from 14.69% in 2024 to 10.01% in the TTM, reflecting challenges in maintaining profitability. However, the EBIT and EBITDA margins remain robust, suggesting operational efficiency.

Balance Sheet

The debt-to-equity ratio improved from 1.53 in 2024 to 0.73 in the TTM, indicating better leverage management. However, the return on equity has decreased from 7.79% in 2024 to 5.49% in the TTM, suggesting reduced profitability for shareholders. The equity ratio remains stable, reflecting a balanced asset structure.

Cash Flow

The free cash flow growth rate is negative at -52.71% in the TTM, indicating cash flow challenges. The operating cash flow to net income ratio is 0.70, showing moderate cash generation relative to net income. The negative free cash flow to net income ratio highlights significant cash outflows, which could pose liquidity risks.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	15.81B	14.46B	14.39B	13.94B	11.42B	14.17B
Gross Profit	8.00B	6.92B	6.96B	6.38B	5.41B	7.30B
EBITDA	8.12B	6.71B	6.82B	6.37B	5.39B	6.93B
Net Income	2.34B	2.12B	1.99B	1.32B	3.40B	-401.00M
Balance Sheet
Total Assets	111.60B	102.42B	109.03B	104.80B	99.59B	95.91B
Cash, Cash Equivalents and Short-Term Investments	1.07B	310.00M	184.00M	119.00M	283.00M	172.00M
Total Debt	48.55B	41.75B	44.24B	41.20B	40.58B	37.01B
Total Liabilities	79.87B	72.22B	81.51B	77.14B	72.28B	69.44B
Stockholders Equity	27.69B	27.25B	27.53B	27.66B	27.31B	26.12B
Cash Flow
Free Cash Flow	-7.75B	-7.41B	-3.66B	-4.06B	-2.02B	-1.10B
Operating Cash Flow	5.01B	5.02B	6.57B	3.70B	4.04B	5.23B
Investing Cash Flow	-13.06B	-3.18B	-7.21B	-6.75B	-6.25B	-2.92B
Financing Cash Flow	7.21B	-1.77B	595.00M	2.98B	2.37B	-2.33B

Dominion Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 59.34
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For D, the sentiment is Positive. The current price of 59.34 is below the 20-day moving average (MA) of 59.77, below the 50-day MA of 59.84, and above the 200-day MA of 56.58, indicating a neutral trend. The MACD of -0.29 indicates Positive momentum. The RSI at 48.31 is Neutral, neither overbought nor oversold. The STOCH value of 60.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for D.

Dominion Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DUK	70 Outperform	$89.89B	18.17	9.92%	3.65%	4.80%	14.44%
AEP	68 Neutral	$61.19B	16.76	12.85%	3.26%	7.66%	37.42%
EXC	67 Neutral	$44.21B	15.66	10.31%	3.66%	6.07%	15.20%
PEG	66 Neutral	$39.90B	19.21	12.58%	3.15%	18.29%	2.40%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
D	63 Neutral	$50.67B	20.19	9.27%	4.44%	12.72%	4.90%
XEL	60 Neutral	$43.61B	22.49	9.45%	3.06%	3.32%	-2.30%

Dominion Energy Corporate Events

Dominion Energy Expands Sales Agreements for $1.8 Billion

On October 28, 2025, Dominion Energy announced an increase in the authorized amount for its sales agency agreements to make available $1.8 billion in shares of its common stock. This move, involving multiple financial institutions as sales agents and forward purchasers, is part of an at-the-market program allowing the company to issue and sell shares over time. The company also entered into additional agreements and amendments on October 31, 2025, to facilitate forward sale transactions, potentially impacting its financial strategy and market operations.

Dominion Energy Announces $1.25 Billion Notes Sale

On September 29, 2025, Dominion Energy, Inc. announced the sale of $1.25 billion in aggregate principal amount of its 2025 Series A and B Junior Subordinated Notes due 2056. This move is part of a further issuance strategy to consolidate its financial instruments, which could impact the company’s financial structure and stakeholder interests.