
Dominion Energy
ConvictionModerate
Rate-regulated monopoly electric generation, transmission and distribution earning a regulator-set return on a growing rate base; cost recovery via base rates and riders. Post-2023 business review divested gas distribution (to Enbridge) and non-core assets to refocus on regulated electric utilities. As of 2026-05-18, subject to a pending all-stock acquisition by NextEra Energy (NYSE: NEE) expected to close in 12-18 months; the combined company would trade as NextEra Energy (NYSE: NEE).
Revenue
$16.51BFY2025Rev growth
+14.2%FY2025 vs FY2024); +23% YoY in Q1 2026Gross margin
not a clean utility metricfuel/purchased-power is a pass-through recovered in ratesOp margin
~26.7%FY2025 operating income $4.41B / revenue $16.51BCapex intensity
very high — ~$65B planned 2026-2030~$13B/yr, ~79% of FY2025 revenueMarket cap
~$61B~879.5M shares at ~$69.75, 2026-07-02The read
Where our coverage leans
Coverage leans bullish
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Full financial intelligence for Dominion Energy
Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.
- Income statement & margin structure
- SWOT, moats & dependency map
- Supplier–customer ecosystem graph
- Signals, trends & valuation range
Not investment advice — analyst work product for a qualified professional.· intel vintage 2026-07· sign in (free) for the analyst summary; Pro unlocks full intelligence