Dominion Energy (D) FY2022 results: revenue $13.9 billion, up 22.1% on the year
Dominion Energy, Inc. (D) reported revenue of $13.9 billion for fiscal 2022, the year ended 31 December 2022, up 22.1% on the year before. Net income was $1.2 billion, down 65.0%, and diluted earnings per share $1.09. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2023.
Revenue
$13.9 billion
+22.1% on the year
FY2015FY2022
Operating margin
10.4%
17.5% a year earlier
FY2015FY2022
Net income
$1.2 billion
-65.0% on the year
FY2015FY2022
Diluted EPS
$1.09
-73.5% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ 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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
3,700
4,037
5,227
-8.3%
Capital expenditure
7,758
6,061
6,331
+28.0%
Free cash flow
-4,058
-2,024
-1,104
Free cash flow margin
-29.1%
-17.7%
-9.3%
Cash from investing
-6,746
-6,247
-2,916
Cash from financing
2,979
2,371
-2,333
+25.6%
Depreciation and amortisation
2,442
2,117
1,991
+15.4%
Share-based compensation
36.0
42.0
64.0
-14.3%
Buybacks
n/a
n/a
3,080
Dividends paid
2,209
2,036
2,873
+8.5%
Dividend per share
$2.67
$2.52
$3.45
+6.0%
Diluted shares, weighted
825m
808m
831m
+2.0%
Shares outstanding at period end
835m
810m
806m
+3.1%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
27,659
27,308
26,117
+1.3%
Non-controlling interest
0.0
n/a
344
Redeemable equity
0.0
1,610
n/a
Debt
45,678
40,581
37,014
+12.6%
Operating lease liabilities
514
464
516
+10.8%
Finance lease liabilities
104
112
108
-7.1%
Other liabilities
30,840
29,515
31,806
+4.5%
Total liabilities and equity
104,795
99,590
95,905
+5.2%
Fixed assets
52,312
48,901
57,848
+7.0%
Goodwill
4,143
4,253
4,229
-2.6%
Intangible assets
813
712
765
+14.2%
Investments
6,577
8,447
10,238
-22.1%
Cash and equivalents
119
249
172
-52.2%
Receivables
2,157
1,643
2,295
+31.3%
Inventory
1,528
1,631
1,550
-6.3%
Other assets
37,146
33,754
18,808
+10.0%
Total assets
104,795
99,590
95,905
+5.2%
10-K for the year ended 31 December 2022, filed 21 February 2023: the filing.