Dominion Historical Income Statement

D Stock  USD 48.52  1.84  3.94%   
Historical analysis of Dominion Energy income statement accounts such as Gross Profit of 6.7 B or Operating Income of 3 B can show how well Dominion Energy performed in making a profits. Evaluating Dominion Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Dominion Energy's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Dominion Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Dominion Energy is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dominion Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Dominion Stock refer to our How to Trade Dominion Stock guide.

About Dominion Income Statement Analysis

Dominion Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Dominion Energy shareholders. The income statement also shows Dominion investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Dominion Energy Income Statement Chart

Dominion Energy Income Statement is one of the three primary financial statements used for reporting Dominion's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Dominion Energy revenue and expense. Dominion Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Dominion Energy's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 5 B, whereas Gross Profit is forecasted to decline to about 6.7 B.

Total Revenue

Total revenue comprises all receipts Dominion Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Dominion Energy minus its cost of goods sold. It is profit before Dominion Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Dominion Energy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Dominion Energy is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Dominion Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Dominion Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dominion Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Dominion Stock refer to our How to Trade Dominion Stock guide.At present, Dominion Energy's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 5 B, whereas Gross Profit is forecasted to decline to about 6.7 B.
 2021 2022 2023 2024 (projected)
Gross Profit10.4B5.3B7.2B6.7B
Total Revenue14.0B17.2B13.7B11.2B

Dominion Energy income statement Correlations

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0.60.5-0.21-0.210.480.280.350.720.910.470.450.21-0.220.01-0.090.57-0.09-0.170.31-0.420.24-0.230.440.31
0.620.50.260.240.630.650.130.580.34-0.520.950.52-0.07-0.25-0.050.62-0.390.310.65-0.60.38-0.580.340.16
0.15-0.210.260.990.630.680.46-0.14-0.52-0.5-0.010.860.330.40.620.15-0.260.680.010.1-0.39-0.15-0.29-0.29
0.12-0.210.240.990.630.680.45-0.14-0.52-0.48-0.030.850.290.420.590.15-0.230.67-0.020.11-0.4-0.14-0.28-0.29
0.60.480.630.630.630.820.390.670.17-0.20.410.82-0.050.050.280.78-0.280.470.32-0.450.07-0.420.310.21
0.410.280.650.680.680.820.350.37-0.04-0.420.420.90.30.180.320.52-0.180.760.45-0.33-0.19-0.250.01-0.17
0.260.350.130.460.450.390.35-0.040.090.17-0.10.630.210.390.20.12-0.090.080.040.45-0.270.0-0.17-0.18
0.660.720.58-0.14-0.140.670.37-0.040.670.130.570.2-0.43-0.41-0.240.88-0.1-0.050.46-0.740.51-0.490.760.64
0.530.910.34-0.52-0.520.17-0.040.090.670.590.42-0.15-0.44-0.15-0.30.460.11-0.440.31-0.460.34-0.270.610.5
-0.010.47-0.52-0.5-0.48-0.2-0.420.170.130.59-0.49-0.36-0.220.22-0.07-0.060.35-0.52-0.330.15-0.120.30.160.22
0.580.450.95-0.01-0.030.410.42-0.10.570.42-0.490.25-0.22-0.41-0.240.56-0.270.110.7-0.660.5-0.630.470.29
0.420.210.520.860.850.820.90.630.2-0.15-0.360.250.330.270.440.42-0.230.680.28-0.1-0.23-0.26-0.09-0.17
-0.36-0.22-0.070.330.29-0.050.30.21-0.43-0.44-0.22-0.220.330.230.48-0.41-0.310.54-0.040.37-0.350.46-0.83-0.81
-0.190.01-0.250.40.420.050.180.39-0.41-0.150.22-0.410.270.230.7-0.30.070.3-0.290.48-0.880.34-0.48-0.57
-0.07-0.09-0.050.620.590.280.320.2-0.24-0.3-0.07-0.240.440.480.7-0.18-0.250.58-0.190.16-0.630.14-0.5-0.49
0.710.570.620.150.150.780.520.120.880.46-0.060.560.42-0.41-0.3-0.18-0.210.010.52-0.650.4-0.580.70.55
-0.16-0.09-0.39-0.26-0.23-0.28-0.18-0.09-0.10.110.35-0.27-0.23-0.310.07-0.25-0.21-0.060.060.15-0.30.030.290.25
0.05-0.170.310.680.670.470.760.08-0.05-0.44-0.520.110.680.540.30.580.01-0.060.18-0.06-0.38-0.07-0.36-0.44
0.540.310.650.01-0.020.320.450.040.460.31-0.330.70.28-0.04-0.29-0.190.520.060.18-0.340.13-0.630.460.19
-0.49-0.42-0.60.10.11-0.45-0.330.45-0.74-0.460.15-0.66-0.10.370.480.16-0.650.15-0.06-0.34-0.560.44-0.62-0.56
0.380.240.38-0.39-0.40.07-0.19-0.270.510.34-0.120.5-0.23-0.35-0.88-0.630.4-0.3-0.380.13-0.56-0.410.50.62
-0.84-0.23-0.58-0.15-0.14-0.42-0.250.0-0.49-0.270.3-0.63-0.260.460.340.14-0.580.03-0.07-0.630.44-0.41-0.68-0.61
0.640.440.34-0.29-0.280.310.01-0.170.760.610.160.47-0.09-0.83-0.48-0.50.70.29-0.360.46-0.620.5-0.680.92
0.590.310.16-0.29-0.290.21-0.17-0.180.640.50.220.29-0.17-0.81-0.57-0.490.550.25-0.440.19-0.560.62-0.610.92
Click cells to compare fundamentals

Dominion Energy Account Relationship Matchups

Dominion Energy income statement Accounts

201920202021202220232024 (projected)
Interest Expense1.8B1.4B1.4B966M1.8B1.9B
Total Revenue16.6B14.2B14.0B17.2B13.7B11.2B
Gross Profit12.0B11.0B10.4B5.3B7.2B6.7B
Operating Income2.6B1.6B3.0B1.6B3.4B3.0B
Ebit2.6B1.6B3.0B1.6B3.4B2.9B
Ebitda5.3B4.4B5.5B4.8B6.5B4.2B
Net Income1.4B1.3B3.4B994M2.0B1.3B
Income Tax Expense381M83M425M68M575M359.9M
Depreciation And Amortization2.7B2.8B2.5B3.3B3.1B1.7B
Other Operating Expenses13.9B12.1B10.9B15.6B10.3B10.8B
Cost Of Revenue4.6B3.2B3.5B11.8B6.5B5.8B
Total Operating Expenses9.4B8.9B7.4B3.8B3.8B5.0B
Income Before Tax1.8B1.4B3.1B1.1B2.7B2.2B
Total Other Income Expense Net(787M)(140M)79M(543M)(635M)(603.3M)
Extraordinary Items716M(1.9B)641M9M8.1M7.7M
Net Income Applicable To Common Shares1.4B(401M)3.3B901M1.0B1.7B
Selling General Administrative1.0B871M909M923M1.1B578.8M
Net Income From Continuing Ops1.4B1.3B2.7B985M2.2B1.6B
Non Operating Income Net Other986M733M1.4B423M486.5M661.3M
Tax Provision351M83M425M68M575M321.1M
Interest Income1.6B3.7B372M1.5B1.7B1.6B
Net Interest Income(1.8B)(1.4B)(1.4B)(966M)(1.7B)(1.8B)
Reconciled Depreciation3.0B2.8B2.8B3.1B3.1B3.0B
Non Recurring1.4B2.0B303M2.5B2.9B3.0B

Pair Trading with Dominion Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dominion Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dominion Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dominion Stock

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The ability to find closely correlated positions to Dominion Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dominion Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dominion Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dominion Energy to buy it.
The correlation of Dominion Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dominion Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dominion Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dominion Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Dominion Energy is a strong investment it is important to analyze Dominion Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dominion Energy's future performance. For an informed investment choice regarding Dominion Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dominion Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Dominion Stock refer to our How to Trade Dominion Stock guide.
Note that the Dominion Energy information on this page should be used as a complementary analysis to other Dominion Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Dominion Stock analysis

When running Dominion Energy's price analysis, check to measure Dominion Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dominion Energy is operating at the current time. Most of Dominion Energy's value examination focuses on studying past and present price action to predict the probability of Dominion Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dominion Energy's price. Additionally, you may evaluate how the addition of Dominion Energy to your portfolios can decrease your overall portfolio volatility.
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Is Dominion Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dominion Energy. If investors know Dominion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dominion Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.21)
Dividend Share
2.67
Earnings Share
2.48
Revenue Per Share
17.208
Quarterly Revenue Growth
(0.07)
The market value of Dominion Energy is measured differently than its book value, which is the value of Dominion that is recorded on the company's balance sheet. Investors also form their own opinion of Dominion Energy's value that differs from its market value or its book value, called intrinsic value, which is Dominion Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dominion Energy's market value can be influenced by many factors that don't directly affect Dominion Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dominion Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dominion Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dominion Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.