Dominion Energy, Inc.

DUS

Headquartered in Richmond, Virginia, Dominion Energy, Inc., founded in 1983 (and formerly known as Dominion Resources, Inc.), is a prominent American energy firm primarily engaged in the generation and supply of power across the United States. The company's operations are divided into four primary divisions. The Dominion Energy Virginia division is responsible for the regulated production, transmission, and local delivery of electricity, serving an estimated 2.7 million residential, commercial, industrial, and governmental clients throughout Virginia and North Carolina. Its Gas Distribution segment oversees the regulated sale, transport, collection, storage, and local delivery of natural gas. This segment caters to approximately 3.1 million residential, commercial, and industrial customers spread across Ohio, West Virginia, North Carolina, Utah, southwestern Wyoming, and southeastern Idaho. Furthermore, it operates several unregulated facilities dedicated to renewable natural gas production. Within the Dominion Energy South Carolina division, the company provides electricity generation, transmission, and distribution services to roughly 772,000 customers residing in the central, southern, and southwestern regions of South Carolina. Concurrently, it manages natural gas distribution for an additional 419,000 residential, commercial, and industrial consumers within the state. The Contracted Assets segment comprises non-regulated ventures, specifically focusing on the development and operation of long-term contracted renewable electric generation and solar facilities. This segment also includes gas transportation, liquefied natural gas (LNG) import and storage operations, as well as a dedicated liquefaction plant. As of December 31, 2021, Dominion Energy commanded an extensive asset portfolio, featuring approximately 30.2 gigawatts of electricity generating capacity, complemented by 10,700 miles of electric transmission infrastructure, 78,000 miles of electric distribution networks, and 95,700 miles of natural gas distribution mains and associated service lines.

Founded1983IPO year1980As of2026-08-04
Market Cap
$60.68B
Enterprise Value
$113.81B
EV / LTM Revenue
6.9x
EV / NTM Revenue
6.0x
Trading multiples

Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.

LTM
trailing
NTM
forward
Revenue
6.0x
Gross Profit
12.2x
EBITDA
10.8x
Classification
Sector
Industrial, Aerospace & Defense
Sub-sector
Electrical Equipment & Power Systems
Listing
D
Country
US
Historical valuation & fundamentals

EV / LTM Revenue

Annual financials & analyst forecasts

$MCY2021CY2022CY2023CY2024CY2025CY2026ECY2027E
Revenue YoY20%-14%0%14%11%6%
Revenue$13.96B$16.75B$14.39B$14.46B$16.51B$18.24B$19.35B
Gross Profit$6.71B$7.60B$6.96B$6.92B$8.09B
Gross Profit Margin48.0%45.4%48.3%47.9%49.0%
EBITDA$6.09B$7.65B$7.12B$6.89B$7.77B$10.15B$10.76B
EBITDA Margin43.6%45.7%49.5%47.6%47.1%55.6%55.6%
EBIT$3.02B$1.52B$3.40B$3.63B$4.41B$9.10B$9.65B
Net Income$3.29B$994M$1.96B$1.86B$3.00B$3.03B$3.26B
Free Cash Flow($2.02B)($4.06B)($3.66B)($7.41B)($7.28B)
FCF Margin-14.5%-24.2%-25.4%-51.2%-44.1%
Short-Term Debt$3.15B$6.76B$10.99B$4.22B$4.87B
Long-Term Debt$37.43B$34.35B$33.06B$37.31B$44.08B
Cash & Cash Equivalents$283M$119M$184M$310M$250M
Net Debt$40.30B$40.99B$43.87B$41.23B$48.69B
Net Debt / EBITDA6.6x5.4x6.2x6.0x6.3x
Rule of 40-4.3%-39.5%-50.8%-29.9%
Figures in $M. True calendar years (Jan–Dec) built from quarterly data — income & cash-flow lines summed across the four quarters, balance sheet as of year-end. E columns are calendarized analyst consensus — gross profit, cash flow and balance-sheet lines are not estimated. Net debt = short-term debt + long-term debt − cash & cash equivalents; Rule of 40 = YoY revenue growth + FCF margin.