DDOMINION ENERGY, INC
Electric Services
- Revenue
- $16.5B
- 17% YoY
- Operating margin
- 26.7%
- 17% YoY
- EBITDA
- $6.8B
- 22% YoY
- Market cap
- $58.6B
- Employees
- 100
- $165M revenue each
- Net debt / EBITDA
- 6.6×
- $44.8B net debt
- AI in 10-K
- 0.2
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 1 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo179% of net incomeCash flow under 80% of net income
- Dilutive SBCNo0% of revenueOver 10% of revenue
- Payouts exceed cash flowNo100% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo3% of assetsOver 40% of assets
- Shareholder dissentYes58% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo$165M · 100th pctBottom quartile of its SIC industry
- Quiet on AIYes0.2 per 10K words · 14th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo6.6× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedNo$58.6B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo$0 netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $11.7B | $14.6B | $13.5B | $14.2B | $16.5B | 17% |
| Operating income | $2.0B | $1.4B | $3.4B | $3.2B | $4.4B | 36% |
| Net income | $3.4B | $1.2B | $2.0B | $2.0B | $3.0B | 47% |
| Operating cash flow | $4.0B | $3.7B | $6.6B | $5.0B | $5.4B | 6.8% |
| Stock-based comp | $42M | $36M | $44M | $53M | $46M | 13% |
| Dividends | $2.0B | $2.2B | $2.2B | $2.2B | $2.3B | 1.7% |
Deal filings
| Filed | Form | Acquirer | Price | Premium |
|---|---|---|---|---|
| Jul 28, 2026 | DEFM14A | NextEra Energy, Inc. | $0.41 | 73.47% |
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.