D Dominion Energy

FY2024 10-K
Filed: Feb 27, 2025
Utilities
Electric ServicesSEC EDGAR

Dominion Energy (D) filed its fiscal year 2024 10-K annual report with the SEC on Feb 27, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2024 10-K

Business Overview

  • Core business model: Integrated energy company focused on electric and gas utility services primarily through Virginia Electric and Power Company
  • New emphasis in 2025: Execution of multiple Purchase and Sale Agreements with Enbridge subsidiaries and establishment of OSW Project LLC for offshore wind developments
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Management Discussion & Analysis

  • Share repurchases 66,954 shares at average price $58.26, totaling about $3.9 million in Q4 FY2025
  • Remaining authorized repurchase capacity $0.92 billion under $1.0 billion board-approved program since Nov 2020
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Risk Factors

  • Foreign currency exchange rate risk on CVOW Commercial Project contracts with €1.1 billion notional hedged by foreign currency swaps as of Dec 31, 2024
  • Commodity price risk causing $18 million fair value decrease in Dominion Energy’s commodity derivatives with 10% commodity price increase as of Dec 31, 2024
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Financial Summary
XBRL

Revenue

$14.2B

Net Income

$2.1B

Operating Margin

22.9%

Net Margin

15.0%

ROE

7.8%

Total Assets

$102.4B

EPS (Diluted)

$2.44

Operating Cash Flow

$5.0B

Source: XBRL data from Dominion Energy FY2024 10-K filing on SEC EDGAR. All figures in USD.

Other Dominion Energy Annual Reports

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