Dominion Income Statement Research

D Stock  USD 50.67  0.04  0.08%   
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 Dominion Energy Valuation and Dominion Energy Correlation analysis.
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.
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 Dominion Energy Valuation and Dominion Energy Correlation analysis.
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

0.60.620.150.120.60.410.260.660.53-0.010.580.42-0.36-0.19-0.070.71-0.160.050.54-0.490.38-0.840.640.59
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
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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
Cost Of Revenue4.6B3.2B3.5B11.8B6.5B5.8B
Income Before Tax1.8B1.4B3.1B1.1B2.7B2.2B
Extraordinary Items716M(1.9B)641M9M8.1M7.7M
Tax Provision351M83M425M68M575M321.1M
Interest Income1.6B3.7B372M1.5B1.7B1.6B
Net Interest Income(1.8B)(1.4B)(1.4B)(966M)(1.7B)(1.8B)
Non Recurring1.4B2.0B303M2.5B2.9B3.0B

Dominion Energy Investors Sentiment

The influence of Dominion Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dominion. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Dominion Energy's public news can be used to forecast risks associated with an investment in Dominion. The trend in average sentiment can be used to explain how an investor holding Dominion can time the market purely based on public headlines and social activities around Dominion Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dominion Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dominion Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dominion Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dominion Energy.

Dominion Energy Implied Volatility

    
  25.31  
Dominion Energy's implied volatility exposes the market's sentiment of Dominion Energy stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dominion Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Dominion Energy stock will not fluctuate a lot when Dominion Energy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dominion Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dominion Energy's short interest history, or implied volatility extrapolated from Dominion Energy options trading.

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

  0.85ES Eversource Energy Financial Report 1st of May 2024 PairCorr
  0.74FE FirstEnergy Earnings Call This WeekPairCorr

Moving against Dominion Stock

  0.83HE Hawaiian Electric Financial Report 14th of May 2024 PairCorr
  0.42EDN Empresa Distribuidora Financial Report 9th of May 2024 PairCorr
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 Dominion Energy Valuation and Dominion Energy Correlation analysis.
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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.