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Dominion Energy, Inc. (D) Stock Fundamental Analysis & AI Rating 2026

D NYSE Electric Services VA CIK: 0000715957
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2025-12-31
Combined AI Rating
HOLD
74% Confidence
STRONG AGREEMENT
HOLD
72% Conf
HOLD
76% Conf

📊 D Key Takeaways

Revenue: $16.5B
Net Margin: 18.2%
Free Cash Flow: $3.9B
Current Ratio: 0.77x
Debt/Equity: 1.59x
EPS: $3.45
AI Rating: HOLD with 72% confidence
Dominion Energy, Inc. (D) receives a HOLD rating with 74% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $16.5B, net profit margin of 18.2%, and return on equity (ROE) of 10.3%, Dominion Energy, Inc. demonstrates mixed fundamentals in the Utilities sector. Below is our complete D stock analysis for 2026.

Is Dominion Energy, Inc. (D) a Good Investment?

Claude

Dominion Energy demonstrates solid operational profitability with a 26.7% operating margin and strong free cash flow generation of $3.9B, supporting its utility business model. However, elevated leverage (1.59x debt-to-equity) and weak liquidity metrics (0.77x current ratio) present financial stress, requiring careful capital management despite modest revenue growth constraints typical of regulated utilities.

ChatGPT

Dominion Energy shows solid underlying profitability with a 26.7% operating margin, 18.2% net margin, and modest net income growth, which is consistent with a stable regulated utility profile. However, revenue is essentially flat, leverage remains elevated, and liquidity is tight, which tempers the quality of the earnings improvement and limits financial flexibility. The fundamentals support stability more than strong growth.

Why Buy Dominion Energy, Inc. Stock? D Key Strengths

Claude
  • + Exceptional free cash flow of $3.9B with 23.6% FCF margin, providing substantial capacity for dividends and debt service
  • + Solid operating margins at 26.7% and net margins at 18.2% reflecting efficient cost management in regulated utility operations
  • + Operating cash flow of $5.4B significantly exceeds capital expenditures, indicating sustainable cash generation model
  • + Substantial asset base of $115.9B supporting essential infrastructure and regulated revenue streams
ChatGPT
  • + Strong operating and net margins for a regulated utility
  • + Positive net income growth and sharply higher diluted EPS
  • + Healthy operating cash flow and positive free cash flow generation

D Stock Risks: Dominion Energy, Inc. Investment Risks

Claude
  • ! High financial leverage with debt-to-equity ratio of 1.59x and long-term debt of $46.3B limits financial flexibility
  • ! Weak liquidity position with current ratio of 0.77x and quick ratio of 0.59x suggests potential cash flow pressure in stressed scenarios
  • ! Stagnant revenue growth of -0.1% YoY indicates limited top-line expansion despite capital investments
  • ! Capital intensity requiring $1.5B annual capex while managing significant debt obligations constrains financial options
ChatGPT
  • ! High leverage with $46.33B in long-term debt and 1.59x debt-to-equity
  • ! Weak liquidity shown by 0.77x current ratio and 0.59x quick ratio
  • ! Flat revenue suggests limited organic growth and raises questions about earnings growth durability

Key Metrics to Watch

Claude
  • * Operating cash flow sustainability and free cash flow generation relative to debt service obligations
  • * Debt-to-equity trajectory and refinancing ability in rising interest rate environment
  • * Revenue growth acceleration from regulated rate base expansion and infrastructure investments
  • * Interest coverage ratio and debt maturity schedule to assess refinancing risk
ChatGPT
  • * Operating cash flow relative to debt service and capital needs
  • * Revenue and net income growth consistency over the next few reporting periods

Dominion Energy, Inc. (D) Financial Metrics & Key Ratios

Revenue
$16.5B
Net Income
$3.0B
EPS (Diluted)
$3.45
Free Cash Flow
$3.9B
Total Assets
$115.9B
Cash Position
$250.0M

💡 AI Analyst Insight

The 23.6% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

D Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 26.7%
Net Margin 18.2%
ROE 10.3%
ROA 2.6%
FCF Margin 23.6%

D vs Utilities Sector: How Dominion Energy, Inc. Compares

How Dominion Energy, Inc. compares to Utilities sector averages

Net Margin
D 18.2%
vs
Sector Avg 12.0%
D Sector
ROE
D 10.3%
vs
Sector Avg 10.0%
D Sector
Current Ratio
D 0.8x
vs
Sector Avg 0.8x
D Sector
Debt/Equity
D 1.6x
vs
Sector Avg 1.4x
D Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Dominion Energy, Inc. Stock Overvalued? D Valuation Analysis 2026

Based on fundamental analysis, Dominion Energy, Inc. has mixed fundamental signals relative to the Utilities sector in 2026.

Return on Equity
10.3%
Sector avg: 10%
Net Profit Margin
18.2%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.59x
Sector avg: 1.4x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Dominion Energy, Inc. Balance Sheet: D Debt, Cash & Liquidity

Current Ratio
0.77x
Quick Ratio
0.59x
Debt/Equity
1.59x
Debt/Assets
71.2%
Interest Coverage
N/A
Long-term Debt
$46.3B

D Revenue & Earnings Growth: 5-Year Financial Trend

D 5-year financial data: Year 2021: Revenue $14.2B, Net Income $1.4B, EPS $1.62. Year 2022: Revenue $17.7B, Net Income -$401.0M, EPS $-0.57. Year 2023: Revenue $14.6B, Net Income $3.4B, EPS $4.12. Year 2024: Revenue $14.6B, Net Income $1.2B, EPS $1.33. Year 2025: Revenue $16.5B, Net Income $2.0B, EPS $2.25.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Dominion Energy, Inc.'s revenue has grown significantly by 17% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.25 reflects profitable operations.

D Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
23.6%
Free cash flow / Revenue

D Quarterly Earnings & Performance

Quarterly financial performance data for Dominion Energy, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $3.8B $934.0M $1.09
Q2 2025 $3.5B $563.0M $0.64
Q1 2025 $3.5B $441.0M $0.50
Q3 2024 $3.8B $157.0M $0.16
Q2 2024 $3.1B $572.0M $0.65
Q1 2024 $3.5B $674.0M $0.78
Q3 2023 $3.8B $163.0M $0.17
Q2 2023 $3.7B $258.0M $0.25

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Dominion Energy, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$5.4B
Cash generated from operations
Stock Buybacks
$3.1B
Shares repurchased (TTM)
Capital Expenditures
$1.5B
Investment in assets
Dividends Paid
$2.3B
Returned to shareholders

D SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Dominion Energy, Inc. (CIK: 0000715957)

📋 Recent SEC Filings

Date Form Document Action
Apr 8, 2026 8-K d64207d8k.htm View →
Mar 19, 2026 DEF 14A d-20260319.htm View →
Feb 27, 2026 4 xslF345X05/doc4.xml View →
Feb 27, 2026 4 xslF345X05/doc4.xml View →
Feb 27, 2026 4 xslF345X05/doc4.xml View →

Frequently Asked Questions about D

What is the AI rating for D?

Dominion Energy, Inc. (D) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 74% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are D's key strengths?

Claude: Exceptional free cash flow of $3.9B with 23.6% FCF margin, providing substantial capacity for dividends and debt service. Solid operating margins at 26.7% and net margins at 18.2% reflecting efficient cost management in regulated utility operations. ChatGPT: Strong operating and net margins for a regulated utility. Positive net income growth and sharply higher diluted EPS.

What are the risks of investing in D?

Claude: High financial leverage with debt-to-equity ratio of 1.59x and long-term debt of $46.3B limits financial flexibility. Weak liquidity position with current ratio of 0.77x and quick ratio of 0.59x suggests potential cash flow pressure in stressed scenarios. ChatGPT: High leverage with $46.33B in long-term debt and 1.59x debt-to-equity. Weak liquidity shown by 0.77x current ratio and 0.59x quick ratio.

What is D's revenue and growth?

Dominion Energy, Inc. reported revenue of $16.5B.

Does D pay dividends?

Dominion Energy, Inc. pays dividends, with $2,278.0M distributed to shareholders in the trailing twelve months.

Where can I find D SEC filings?

Official SEC filings for Dominion Energy, Inc. (CIK: 0000715957) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is D's EPS?

Dominion Energy, Inc. has a diluted EPS of $3.45.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is D a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Dominion Energy, Inc. has a HOLD rating with 74% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is D stock overvalued or undervalued?

Valuation metrics for D: ROE of 10.3% (sector avg: 10%), net margin of 18.2% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.

Should I buy D stock in 2026?

Our dual AI analysis gives Dominion Energy, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is D's free cash flow?

Dominion Energy, Inc.'s operating cash flow is $5.4B, with capital expenditures of $1.5B. FCF margin is 23.6%.

How does D compare to other Utilities stocks?

Vs Utilities sector averages: Net margin 18.2% (avg: 12%), ROE 10.3% (avg: 10%), current ratio 0.77 (avg: 0.8).

Is Dominion Energy, Inc. carrying too much debt?

D has a debt-to-equity ratio of 1.59x, which is above the Utilities sector average of 1.4x. Combined with a current ratio below 1, this warrants careful monitoring of the balance sheet.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 19, 2026 | Data as of: 2025-12-31 | Powered by Claude AI