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Dominion Energy (Dominion Energy) Retained Earnings : $3,524 Mil (As of Dec. 2023)


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What is Dominion Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dominion Energy's retained earnings for the quarter that ended in Dec. 2023 was $3,524 Mil.

Dominion Energy's quarterly retained earnings declined from Jun. 2023 ($4,507 Mil) to Sep. 2023 ($4,090 Mil) and declined from Sep. 2023 ($4,090 Mil) to Dec. 2023 ($3,524 Mil).

Dominion Energy's annual retained earnings declined from Dec. 2021 ($5,373 Mil) to Dec. 2022 ($3,843 Mil) and declined from Dec. 2022 ($3,843 Mil) to Dec. 2023 ($3,524 Mil).


Dominion Energy Retained Earnings Historical Data

The historical data trend for Dominion Energy's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dominion Energy Retained Earnings Chart

Dominion Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,576.00 4,189.00 5,373.00 3,843.00 3,524.00

Dominion Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,843.00 4,486.00 4,507.00 4,090.00 3,524.00

Dominion Energy Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Dominion Energy  (NYSE:D) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Dominion Energy (Dominion Energy) Business Description

Traded in Other Exchanges
Address
120 Tredegar Street, Richmond, VA, USA, 23219
Based in Richmond, Virginia, Dominion Energy is an integrated energy company with over 30 gigawatts of electric generation capacity and more than 90,000 miles of electric transmission and distribution lines. Dominion is constructing a rate-regulated 5.2 GW wind farm off the Virginia Beach coast.
Executives
Diane Leopold other: President - Dominion Energy 120 TREDEGAR STREET, RICHMOND VA 23219
Susan N Story director ONE ENERGY PLACE, PENSCOLA FL 32520
Steven D Ridge officer: SVP & CFO 120 TREDEGAR STREET, RICHMOND VA 23219
Kristin G Lovejoy director 120 TREDEGAR STREET, RICHMOND VA 23219
Robert M Blue officer: Senior Vice President 120 TREDEGAR STREET, RICHMOND VA 23219
William Keller Kissam officer: President - Dominion Energy SC DOMINION ENERGY, 120 TREDEGAR STREET, RICHMOND VA 23219
James R. Chapman officer: SVP, CFO & Treasurer 120 TREDEGAR STREET, RICHMOND VA 23219
Mark J Kington director 100 TREDEGAR STREET, RICHMOND VA 23219
Farrell Thomas F Ii officer: Executive Vice President P O BOX 26532, RICHOMOND VA 23261
Edward H Baine officer: President - Dominion Energy VA 600 CANAL PLACE, RICHMOND VA 23219
Donald R. Raikes officer: President - Gas Distribution 120 TREDEGAR STREET, RICHMOND VA 23219
Paul E Ruppert officer: President-Gas Trans & Storage 5000 DOMINION BOULEVARD, GLEN ALLEN VA 23060
Daniel G. Stoddard officer: SVP and Chief Nuclear Officer 5000 DOMINION BOULEVARD, GLEN ALLEN VA 23060
Michael E Szymanczyk director DOMINION RESOURCES, INC., 100 TREDEGAR STREET, RICHMOND VA 23219
Joseph M Rigby director SOUTH JERSEY INDUSTRIES, 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037