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Dominion Energy (D) Q4 FY2021 earnings: revenue $3.1 billion, down 13.1% on the year

Dominion Energy, Inc. (D) reported revenue of $3.1 billion for Q4 FY2021, the quarter ended 31 December 2021, down 13.1% on the same quarter a year earlier. Net income was $1.3 billion, up 96.6% on the year, and diluted earnings per share $1.63. The figures are the company's own, from the 8-K it filed with the SEC on 8 November 2023.

Revenue
$3.1 billion
-13.1% on the year · +8.7% on the quarter
Q1 FY2020Q4 FY2021
Operating margin
30.6%
24.3% a year earlier
Q1 FY2020Q4 FY2021
Net income
$1.3 billion
+96.6% on the year · +105.0% on the quarter
Q1 FY2020Q4 FY2021
Diluted EPS
$1.63
+98.8% on the year · +106.3% on the quarter
Q1 FY2020Q4 FY2021

this quarterthe same quarter a year earlierHover a bar for its figure.

Income statement (profit and loss)

$ millionQ4 FY2021Q3 FY2021Q4 FY2020On the quarterOn the yearLast 8 quarters
Revenue3,0612,8153,521+8.7%-13.1%
Operating income937841856+11.4%+9.5%
Operating margin30.6%29.9%24.3%
Pre-tax income1,048n/an/a
Income tax225n/an/a
Effective tax rate21.5%n/an/a
Net income1,341654682+105.0%+96.6%
Net margin43.8%n/an/a
Diluted EPS$1.63$0.79$0.82+106.3%+98.8%
$ 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

$ millionQ4 FY2021Q3 FY2021Q4 FY2020On the quarterOn the yearLast 8 quarters
Operating cash flow502n/an/a
Cash from investing360n/an/a
Cash from financing-721n/an/a
Depreciation and amortisation645621391+3.9%+65.0%
Dividends paid510n/an/a
Dividend per share$0.67n/an/a
Diluted shares, weightedn/a810mn/a
Shares outstanding at period end810m810m806m0.0%+0.5%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ4 FY2021Q3 FY2021Q4 FY2020On the quarterOn the yearLast 8 quarters
Shareholders' equity27,30826,90626,117+1.5%+4.6%
Redeemable equity1,610n/an/a
Debt40,58134,77537,014+16.7%+9.6%
Operating lease liabilities464n/an/a
Finance lease liabilities112n/an/a
Other liabilities29,515n/an/a
Total liabilities and equity99,590n/an/a
Fixed assets59,774n/an/a
Goodwill7,405n/an/a
Intangible assets784n/an/a
Investments11,276n/an/a
Cash and equivalents283180172+57.2%+64.5%
Receivables2,219n/an/a
Inventory1,631n/an/a
Other assets16,218n/an/a
Total assets99,590n/an/a

Questions

What was Dominion Energy's revenue in Q4 FY2021?

Dominion Energy (D) reported revenue of $3.1 billion for Q4 FY2021, the quarter ended 31 December 2021, down 13.1% on the same quarter a year earlier.

How much did Dominion Energy earn in Q4 FY2021?

Net income for Q4 FY2021 was $1.3 billion, up 96.6% on the year, and diluted earnings per share $1.63.

When did Dominion Energy report Q4 FY2021 results?

Dominion Energy filed its 8-K for the quarter ended 31 December 2021 with the SEC on 8 November 2023.

Quarterly results, the last 20 quarters

Q4 FY2021Q1 FY2022 †Q2 FY2022 †Q3 FY2022 †Q4 FY2022 †Q1 FY2023 †Q2 FY2023 †Q3 FY2023 †Q4 FY2023 †Q1 FY2024 †Q2 FY2024 †Q3 FY2024 †Q4 FY2024 †Q1 FY2025 †Q2 FY2025Q3 FY2025Q4 FY2025 †Q1 FY2026Q2 FY2026Q3 FY2026
Revenue3,0613,1123,0583,9613,8103,8833,1663,8103,5343,6323,4863,9413,4004,0763,8104,5274,0935,0194,4805,617
Operating income937643-4619982531,0795941,0297128338051,2183911,2231,0961,3397561,3923291,842
Operating margin31%21%-15%25%7%28%19%27%20%23%23%31%12%30%29%30%18%28%7%33%
Pre-tax income1,048443-817696-2118765138934496945861,150-2487521,0331,2445828344521,490
Tax rate21%32%n/a10%n/a20%19%22%11%8%19%19%n/a5%21%17%10%6%27%14%
Net income1,341689-4477353449725751533314035639341346657601,0065676213401,160
Net margin44%22%-15%19%9%25%18%4%9%11%16%24%4%16%20%22%14%12%8%21%
Diluted EPS$1.63$0.83-$0.58$0.91-$0.07$1.17$0.69$0.17$0.30$0.78$0.64$1.09$0.15$0.77$0.88$1.16$0.65$0.69$0.37$1.30
Operating cash flow5021,1252361,3101,0292,0971,0971,9921,3861,9828561,5396411,1831,2461,9459878821,5752,231
Capital expendituren/an/an/an/an/an/an/an/an/a2,9302,9913,0003,5063,2143,0123,0413,3863,0302,777n/a
Free cash flown/an/an/an/an/an/an/an/an/a-948-2,135-1,461-2,865-2,031-1,766-1,096-2,399-2,148-1,202n/a
Dividends paid510541555557556557558559559559560559561569569570570587587587
Shares outstanding810m811m832m833m835m836m837m837m838m838m839m840m852m853m853m854m879m879m880m880m
Filing8-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-Q10-Q10-K10-K10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read moreA quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS 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 the share count are as they are. Free 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. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

8-K for the period ended 31 December 2021, filed 8 November 2023: the filing.