How does Dominion Energy (D) make money?

Dominion Energy (D) primarily makes money through Dominion Energy Virginia, which accounts for 71.3% of total revenue. For TTM through Q4 2025, Dominion Energy generated $16.51B in total revenue with a net profit margin of 18.2%.

What is Dominion Energy (D) gross profit margin?

Dominion Energy (D) reported a gross profit margin of 49% for TTM through Q4 2025, equivalent to $8.09B in gross profit. This means Dominion Energy retains 49% of each revenue unit after direct costs of production.

What is Dominion Energy (D) operating profit margin?

Dominion Energy (D) reported an operating profit margin of 26.7% for TTM through Q4 2025, equivalent to $4.41B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Dominion Energy (D) net profit margin?

Dominion Energy (D) reported a net profit margin of 18.2% for TTM through Q4 2025, equivalent to $3.00B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Dominion Energy (D) spend on capital expenditures?

Dominion Energy (D) spent $12.64B on capital expenditures in TTM through Q4 2025 (76.6% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Dominion Energy (D) free cash flow?

Dominion Energy (D) generated −$7.28B in free cash flow for TTM through Q4 2025 (-44.1% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Dominion Energy (D) effective tax rate?

Dominion Energy (D) had an effective tax rate of 14.7% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

How Dominion Energy (D) Makes Money: A Visual Guide

Dominion Energy (D) generated $16.51B in revenue, earning $3.00B in net profit (18.2% margin). Its largest revenue source is Dominion Energy Virginia (71.3% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Dominion Energy (D) Income Statement Flow — TTM through Q4 2025

Calculated from the four most recent reported quarters, ending December 31, 2025 (reported February 23, 2026).

Frequently asked questions

How does Dominion Energy (D) make money?: Dominion Energy (D) primarily makes money through Dominion Energy Virginia, which accounts for 71.3% of total revenue. For TTM through Q4 2025, Dominion Energy generated $16.51B in total revenue with a net profit margin of 18.2%.
What is Dominion Energy (D) gross profit margin?: Dominion Energy (D) reported a gross profit margin of 49% for TTM through Q4 2025, equivalent to $8.09B in gross profit. This means Dominion Energy retains 49% of each revenue unit after direct costs of production.
What is Dominion Energy (D) operating profit margin?: Dominion Energy (D) reported an operating profit margin of 26.7% for TTM through Q4 2025, equivalent to $4.41B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Dominion Energy (D) net profit margin?: Dominion Energy (D) reported a net profit margin of 18.2% for TTM through Q4 2025, equivalent to $3.00B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Dominion Energy (D) spend on capital expenditures?: Dominion Energy (D) spent $12.64B on capital expenditures in TTM through Q4 2025 (76.6% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Dominion Energy (D) free cash flow?: Dominion Energy (D) generated −$7.28B in free cash flow for TTM through Q4 2025 (-44.1% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Dominion Energy (D) effective tax rate?: Dominion Energy (D) had an effective tax rate of 14.7% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q4 2025.