Dominion Energy

Halal Rating :
Uncomfortable
Last Price $55.1
Market Cap $47.0b
1D Change

0.43 %

1 Year Change

7.11 %

Next Earnings Date

Yet to be announced

Company Overview

Dominion Energy, Inc. produces and distributes energy. The company operates through four segments: Dominion Energy Virginia, Gas Distribution, Dominion Energy South Carolina, and Contracted Assets. As of December 31, 2021, the company's portfolio of assets included approximately 30.2 gigawatt of electric generating capacity.

Revenue Sources

Pass

After reviewing Dominion Energy's operations and revenue sources, their core business activities revolve around electricity generation, transmission, and natural gas services. These activities are considered halal as they provide essential utility services and involve the exchange of real products and services.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 31, 2025 $4.08b $3.33b - $480.0m 0.00% 14.40%
Dec. 31, 2024 $3.4b $3.45b - $441.0m 0.00% 12.78%
Sept. 30, 2024 $3.94b $3.13b - $403.0m 0.00% 12.89%
June 30, 2024 $3.49b $3.15b - $469.0m 0.00% 14.89%

Based on the financial data from the last four quarters, Dominion Energy's interest expense ratios relative to total expenses were consistently high, averaging above 13% of total expenses. This indicates that interest plays a material role in the company's financial structure and operations.

Operational Ethics

Pass

Based on available information from SEC filings and company reports, there is no evidence of current material associations with entities involved in human rights violations such as the state of Israel or the Chinese Communist Party.

Rating Justification

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