D
Dominion Energy, Inc.
D's fundamentals are mixed: revenue grew 21%, but its operating margin fell 3 points to 22%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
D Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Weak |
D's revenue, profitability and cash flow are currently healthy, but its balance sheet is weak.
D PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 18x | $67.51 | — |
| Cheap | 20x | $60.75 | -10% |
| Current | 22x | $67.51 | — |
| Fair | 23x | $69.75 | +3.3% |
| Expensive | 49x | $146 | +117% |
Historical ranges are pointers, not guarantees.
D's PE is 22x, but its earnings don't support one, so it isn't a reliable read right now.
D Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for D, but weaker profitability. However, they disagree widely on these estimates.
D Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.67 | +22% |
| Q3 2026 | $3.01 | +2.4% |
| Q2 2026 | $2.87 | -1% |
| Q1 2026 | $3.38 | +27% |
| Q4 2025 | $3.44 | +27% |
| Q3 2025 | $2.94 | +3.2% |
| Q2 2025 | $2.90 | +53% |
| Q1 2025 | $2.67 | +38% |
| Q4 2024 | $2.70 | +16% |
D earned $3.01 per share over the past year, up 2.4% from the year before. Its recent earnings include one-off gains.
D Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $5.6B | +24% |
| Q2 2026 | $4.5B | +18% |
| Q1 2026 | $5B | +23% |
| Q4 2025 | $4.1B | +20% |
| Q3 2025 | $4.5B | +15% |
| Q2 2025 | $3.8B | +9.3% |
| Q1 2025 | $4.1B | +12% |
| Q4 2024 | $3.4B | -3.8% |
D's revenue has grown year over year for seven quarters in a row: $5.6B last quarter, up 24% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 33% | +3.2 points |
| Q2 2026 | 7.3% | -21 points |
| Q1 2026 | 28% | -2.3 points |
| Q4 2025 | 18% | +7 points |
| Q3 2025 | 30% | -1.3 points |
| Q2 2025 | 29% | +5.7 points |
| Q1 2025 | 30% | +7.1 points |
| Q4 2024 | 12% | -8.6 points |
D's operating margin was 33% last quarter, up 3.2 points from the same quarter a year ago, near the top of its range since 2019.
D Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.2B | +15% |
| Q2 2026 | $1.6B | +26% |
| Q1 2026 | $882M | -25% |
| Q4 2025 | $987M | +54% |
| Q3 2025 | $1.9B | +26% |
| Q2 2025 | $1.2B | +46% |
| Q1 2025 | $1.2B | -40% |
| Q4 2024 | $641M | -54% |
D generated $5.7B in free cash flow over the past year, up 13% from the year before.
D Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +2.1M shares |
| 1 year | +3.1% | +26.7M shares |
| 3 years | +5.4% | +45.3M shares |
| 5 years | +8.9% | +72.1M shares |
| Available history | +9% | +73.2M shares |
D has 882M diluted shares, up 3.1% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | $695M |
D Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 7.9x | High |
| Q2 2026 | 8.4x | High |
| Q1 2026 | 7.3x | High |
| Q4 2025 | 7.2x | High |
| Q3 2025 | 7.5x | High |
| Q2 2025 | 7.4x | High |
| Q1 2025 | 7.4x | High |
| Q4 2024 | 7.4x | High |
D's net debt is about 7.8 years of its operating earnings (EBITDA), up from 7.5 years a year ago.
D Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.1 | Neutral |
| Stochastic | 68.5 | Neutral |
D's weekly RSI is 56 (neutral) and its Stochastic is 68 (neutral).
D PE vs Utilities Sector
| Metric | D | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 20x | 9.9% above |
| PE % | 44 | 44 | Same percentile |
D is trading at 22x earnings, in line with the Utilities sector's median of 20x, though its earnings don't support one.
D Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $64.4 | 4.8% above |
| 20 week MA | $66.4 | 1.6% above |
| 50 week MA | $64.3 | 5% above |
| 100 week MA | $60.7 | 11% above |
| 200 week MA | $56.3 | 20% above |
D is in an uptrend: it's above all five of its weekly moving averages, and 20% above its 200-week average.
D Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $82.0 | $74.2 | -9.5% |
| 2021 | $74.2 | $77.3 | +4.2% |
| 2022 | $77.3 | $60.8 | -21% |
| 2023 | $60.8 | $47.0 | -23% |
| 2024 | $47.0 | $53.9 | +15% |
| 2025 | $53.9 | $59.2 | +9.8% |
| 2026 YTD | $59.2 | $67.5 | +14% |
D has finished lower in three of the last six years. It's up 14% so far in 2026.