Dominion Energy (D) FY2017 results: revenue $12.6 billion, up 7.2% on the year
Dominion Energy, Inc. (D) reported revenue of $12.6 billion for fiscal 2017, the year ended 31 December 2017, up 7.2% on the year before. Net income was $3.0 billion, up 41.3%, and diluted earnings per share $4.72. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2019.
Revenue
$12.6 billion
+7.2% on the year
FY2010FY2017
Operating margin
31.3%
29.4% a year earlier
FY2010FY2017
Net income
$3.0 billion
+41.3% on the year
FY2010FY2017
Diluted EPS
$4.72
+37.2% on the year
FY2010FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
12,586
11,737
11,683
+7.2%
Operating income
3,937
3,448
3,420
+14.2%
Operating margin
31.3%
29.4%
29.3%
Pre-tax income
3,090
2,867
2,828
+7.8%
Income tax
-30.0
655
905
Effective tax rate
-1.0%
22.8%
32.0%
Net income
2,999
2,123
1,899
+41.3%
Net margin
23.8%
18.1%
16.3%
Diluted EPS
$4.72
$3.44
$3.20
+37.2%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
4,502
4,151
4,491
+8.5%
Capital expenditure
5,504
6,085
5,575
-9.5%
Free cash flow
-1,002
-1,934
-1,084
Free cash flow margin
-8.0%
-16.5%
-9.3%
Cash from investing
-5,942
-10,703
-6,503
Cash from financing
1,303
6,230
2,317
-79.1%
Depreciation and amortisation
1,905
1,559
1,395
+22.2%
Share-based compensation
45.0
33.0
39.0
+36.4%
Dividends paid
1,931
1,727
1,536
+11.8%
Dividend per share
$3.04
$2.80
$2.59
+8.4%
Diluted shares, weighted
636m
617m
594m
+3.1%
Shares outstanding at period end
645m
628m
596m
+2.7%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
17,142
14,605
12,664
+17.4%
Non-controlling interest
2,228
2,235
938
-0.3%
Debt
37,324
35,095
28,802
+6.4%
Other liabilities
19,891
19,675
16,244
+1.1%
Total liabilities and equity
76,585
71,610
58,648
+6.9%
Fixed assets
53,758
49,964
41,554
+7.6%
Goodwill
6,405
6,399
3,294
+0.1%
Intangible assets
685
618
570
+10.8%
Investments
6,964
6,343
5,774
+9.8%
Cash and equivalents
120
261
607
-54.0%
Receivables
1,660
1,523
1,200
+9.0%
Inventory
1,477
1,524
1,348
-3.1%
Other assets
5,516
4,978
4,301
+10.8%
Total assets
76,585
71,610
58,648
+6.9%
10-K for the year ended 31 December 2017, filed 28 February 2019: the filing.