TakeoverPE & activists

DDOMINION ENERGY, INC

Electric Services · $58.6B market cap · 100 employees

0.4×

Less likely than average to be taken private

Top 38% of the Russell 3000 for a buyout by a private-equity firm, holdco or insiders. How it works

Takeover signals

What an activist or buyer would see: cheap, overpaid, diluted or under pressure.

3of 15 firedHow well they predict deals →
12 other checks
  • TSR below peersNo
    —
    3+ of last 5 years
  • High CEO pay despite TSRNo
    —
    Median CEO pay ≥ $15M while TSR trails
  • Earnings not backed by cashNo
    179% of net income
    Cash flow under 80% of net income
  • Dilutive SBCNo
    0% of revenue
    Over 10% of revenue
  • Payouts exceed cash flowNo
    100% of cash flow
    Buybacks + dividends over cash flow
  • Goodwill-heavyNo
    3% of assets
    Over 40% of assets
  • Low revenue per employeeNo
    $165M · 100th pct
    Bottom quartile of its SIC industry
  • Net cashNo
    6.6× EBITDA net debt
    More cash than debt, positive EBITDA
  • Buyout-sizedNo
    $58.6B market cap
    Market cap $500M–$5B
  • AI-rollup shapedNo
    0 of 10
    10-K business scored 5+ of 10 as an AI-rollup target
  • Active 13DNo
    0 filings
    Active-intent 13D in 18 months
  • Net insider sellingNo
    $0 net
    Net sales over $10M in 12 months

Deal filings

FiledFormAcquirerPricePremium
Jul 28, 2026DEFM14ANextEra Energy, Inc.$0.4173.47%
May 18, 20268-KNextEra Energy, Inc.——

Key numbers

Revenue
$16.5BFY2021: $11.7BFY2022: $14.6BFY2023: $13.5BFY2024: $14.2BFY2025: $16.5B
17% YoY
Operating margin
26.7%FY2021: 17.1%FY2022: 9.9%FY2023: 25.3%FY2024: 22.9%FY2025: 26.7%
17% YoY
EBITDA
$6.8BFY2021: $4.1BFY2022: $3.9BFY2023: $6.0BFY2024: $5.6BFY2025: $6.8B
22% YoY
Net debt / EBITDA
6.6×
$44.8B net debt

Financials

MetricFY2021FY2022FY2023FY2024FY2025YoYTrend
Revenue$11.7B$14.6B$13.5B$14.2B$16.5B 17% FY2021: $11.7BFY2022: $14.6BFY2023: $13.5BFY2024: $14.2BFY2025: $16.5B
Operating income$2.0B$1.4B$3.4B$3.2B$4.4B 36% FY2021: $2.0BFY2022: $1.4BFY2023: $3.4BFY2024: $3.2BFY2025: $4.4B
Net income$3.4B$1.2B$2.0B$2.0B$3.0B 47% FY2021: $3.4BFY2022: $1.2BFY2023: $2.0BFY2024: $2.0BFY2025: $3.0B
Operating cash flow$4.0B$3.7B$6.6B$5.0B$5.4B 6.8% FY2021: $4.0BFY2022: $3.7BFY2023: $6.6BFY2024: $5.0BFY2025: $5.4B
Stock-based comp$42M$36M$44M$53M$46M 13% FY2021: $42MFY2022: $36MFY2023: $44MFY2024: $53MFY2025: $46M
Dividends$2.0B$2.2B$2.2B$2.2B$2.3B 1.7% FY2021: $2.0BFY2022: $2.2BFY2023: $2.2BFY2024: $2.2BFY2025: $2.3B

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.