Dominion Energy, Inc. (D) Balance Sheet
D balance sheet, 2025
December 31, 2025 · U.S. dollars$115.86B assets = $82.44B liabilities + $33.42B equity
Both columns are drawn to the same scale: what D owns equals what it owes plus shareholders’ equity. Hover a block for its value.
D financial health
Current ratio0.77
Tight · current assets cover current liabilities 0.77×
Debt / equity1.68
High leverage · $1.68 of debt for each $1 of equity
Equity / assets25.1%
Balanced · of assets funded by shareholders
Cash / debt0.5%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles5.0%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal 2025.
D balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $71.61B2016 | $115.86B2025 | +5.5%/yr | |
| Total liabilities | $54.77B2016 | $82.44B2025 | +4.6%/yr | |
| Shareholders’ equity | $14.61B2016 | $29.08B2025 | +8.0%/yr | |
| Cash & short-term investments | $261.0M2016 | $250.0M2025 | −0.5%/yr | |
| Total debt | $35.09B2016 | $48.94B2025 | +3.8%/yr | |
| Net cash (debt) | −$34.83B2016 | −$48.69B2025 | −$13.9B | |
| Working capital | −$3.87B2016 | −$2.37B2025 | +$1.5B | |
| Book value per share | $23.262016 | $34.002025 | +4.3%/yr | |
| Current ratio | 0.522016 | 0.772025 | +0.25 | |
| Debt / equity | 2.402016 | 1.682025 | −0.72 | |
| Shares outstanding | 628.0M2016 | 855.3M2025 | +3.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
D assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
D liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
D debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
D balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $250.0M | $310.0M | $184.0M | $119.0M | $283.0M | $172.0M | $135.0M | $268.0M | $120.0M | $261.0M |
| Cash & equivalents | $250.0M | $310.0M | $184.0M | $119.0M | $283.0M | $172.0M | $135.0M | $268.0M | $120.0M | $261.0M |
| Short-term investments | — | — | $7.18B | $605.0M | $18.0M | $2.93B | — | $14.0M | $6.0M | $140.0M |
| Receivables | $3.41B | $2.53B | $2.51B | $2.53B | $2.57B | $2.51B | $2.42B | $2.08B | $1.79B | $1.71B |
| Inventory | $1.96B | $1.76B | $1.70B | $1.53B | $1.63B | $1.55B | $1.62B | $1.42B | $1.48B | $1.52B |
| Other current assets | $2.45B | $2.01B | $21.04B | $5.67B | $2.79B | $2.66B | $1.92B | $1.40B | $951.0M | $757.0M |
| Total current assets | $8.07B | $6.61B | $25.43B | $9.85B | $7.27B | $6.89B | $6.10B | $5.16B | $4.33B | $4.25B |
| Property, plant & equipment (net) | $78.97B | $68.86B | $58.78B | $52.31B | $59.77B | $57.85B | $57.20B | $54.56B | $53.76B | $49.96B |
| Goodwill & intangible assets | $5.83B | $5.28B | $5.09B | $4.96B | $8.19B | $8.15B | $9.74B | $7.08B | $7.09B | $7.02B |
| Long-term investments | $9.68B | $8.55B | $7.54B | $9.36B | $11.28B | $10.24B | $6.19B | $6.56B | $6.96B | $6.34B |
| Other non-current assets | $13.32B | $13.11B | $12.19B | $28.32B | $13.08B | $12.79B | $24.60B | $4.55B | $4.44B | $4.04B |
| Total assets | $115.86B | $102.42B | $109.03B | $104.80B | $99.59B | $95.91B | $103.82B | $77.91B | $76.58B | $71.61B |
| Liabilities | ||||||||||
| Accounts payable | $1.34B | $1.15B | $921.0M | $1.16B | $1.20B | $944.0M | $1.02B | $914.0M | $875.0M | $1.00B |
| Short-term debt | $4.87B | $4.22B | $10.99B | $6.76B | $3.15B | $3.06B | $3.31B | $4.03B | $6.38B | $4.86B |
| Deferred revenue | — | — | −$93.0M | — | $1.17B | $1.34B | $2.02B | $836.0M | $848.0M | $798.0M |
| Total current liabilities | $10.44B | $9.29B | $24.48B | $13.45B | $8.67B | $10.84B | $9.94B | $7.65B | $9.64B | $8.12B |
| Long-term debt | $44.08B | $37.52B | $33.25B | $38.91B | $37.43B | $33.96B | $33.82B | $31.14B | $30.95B | $30.23B |
| Lease obligations | $436.0M | $214.0M | $192.0M | $91.0M | — | — | $105.0M | — | — | — |
| Other long-term liabilities | $27.92B | $25.41B | $23.79B | $24.77B | $26.18B | $24.64B | $26.03B | $17.07B | $16.63B | $16.42B |
| Total liabilities | $82.44B | $72.22B | $81.51B | $77.14B | $72.28B | $69.44B | $69.79B | $55.87B | $57.22B | $54.77B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $25.89B | $24.38B | $23.73B | $23.61B | $21.61B | $21.26B | $23.82B | $12.59B | $9.87B | $8.55B |
| Retained earnings (deficit) | $2.32B | $2.04B | $3.52B | $3.84B | $5.37B | $4.19B | $7.58B | $9.22B | $7.94B | $6.85B |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$118.0M | −$156.0M | −$1.51B | −$1.57B | −$1.46B | −$1.72B | −$1.79B | −$1.70B | −$659.0M | −$799.0M |
| Minority interest | $4.33B | $2.94B | $0 | $0 | — | $344.0M | $2.04B | $1.94B | $2.23B | $2.23B |
| Total shareholders' equity | $29.08B | $27.25B | $27.53B | $27.66B | $27.31B | $26.12B | $31.99B | $20.11B | $17.14B | $14.61B |
| Key figures | ||||||||||
| Total debt | $48.94B | $41.75B | $44.24B | $41.20B | $40.58B | $37.01B | $32.41B | $35.17B | $37.32B | $35.09B |
| Net cash (debt) | −$48.69B | −$41.44B | −$44.06B | −$41.08B | −$40.30B | −$36.84B | −$32.28B | −$34.91B | −$37.20B | −$34.83B |
| Working capital | −$2.37B | −$2.68B | $959.0M | −$3.60B | −$1.40B | −$3.96B | −$3.84B | −$2.49B | −$5.30B | −$3.87B |
| Tangible book value | $23.26B | $21.97B | $22.44B | $22.70B | $19.12B | $17.97B | $22.26B | $13.03B | $10.05B | $7.59B |
| Book value per share | $34.00 | $32.47 | $32.91 | $33.12 | $33.78 | $31.43 | $39.55 | $29.53 | $26.95 | $23.26 |
| Shares outstanding | 855.3M | 839.4M | 836.5M | 835.0M | 808.5M | 831.0M | 808.9M | 681.0M | 636.0M | 628.0M |
| Current ratio | 0.77 | 0.71 | 1.04 | 0.73 | 0.84 | 0.64 | 0.61 | 0.67 | 0.45 | 0.52 |
| Quick ratio | 0.35 | 0.31 | 0.11 | 0.20 | 0.33 | 0.25 | 0.26 | 0.31 | 0.20 | 0.24 |
| Debt / equity | 1.68 | 1.53 | 1.61 | 1.49 | 1.49 | 1.42 | 1.01 | 1.75 | 2.18 | 2.40 |
| Equity / assets | 25.1% | 26.6% | 25.2% | 26.4% | 27.4% | 27.2% | 30.8% | 25.8% | 22.4% | 20.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $296.0M | $487.0M | $250.0M | $1.07B | $344.0M | $355.0M | $310.0M | $1.78B | $139.0M | $265.0M | $184.0M | $137.0M |
| Cash & equivalents | $296.0M | $487.0M | $250.0M | $1.07B | $344.0M | $355.0M | $310.0M | $1.78B | $139.0M | $265.0M | $184.0M | $137.0M |
| Short-term investments | — | — | — | — | — | — | — | $7.67B | — | — | — | $536.0M |
| Receivables | $3.50B | $3.31B | $3.41B | $2.54B | $2.57B | $2.37B | $2.53B | $2.35B | $2.49B | $2.39B | $2.51B | $2.56B |
| Inventory | $2.01B | $1.94B | $1.96B | $1.89B | $1.83B | $1.76B | $1.76B | $1.72B | $1.76B | $1.72B | $1.70B | $1.63B |
| Other current assets | $3.91B | $3.26B | $2.45B | $2.72B | $2.22B | $1.92B | $2.01B | $2.15B | $6.36B | $11.82B | $21.04B | $20.35B |
| Total current assets | $9.71B | $9.00B | $8.07B | $8.22B | $6.96B | $6.41B | $6.61B | $7.99B | $10.75B | $16.19B | $25.43B | $24.68B |
| Property, plant & equipment (net) | $81.74B | $80.21B | $78.97B | $75.81B | $73.28B | $71.17B | $68.86B | $65.42B | $63.36B | $60.56B | $58.78B | $56.16B |
| Goodwill & intangible assets | $4.14B | $4.14B | $5.83B | $5.60B | $4.14B | $4.14B | $5.28B | $4.14B | $4.14B | $4.14B | $5.09B | $4.14B |
| Long-term investments | $10.42B | $9.47B | $9.68B | $9.46B | $8.94B | $8.37B | $8.55B | $8.50B | $8.08B | $7.89B | $7.54B | $6.97B |
| Other non-current assets | $15.87B | $15.76B | $13.32B | $12.51B | $14.12B | $14.47B | $13.11B | $13.77B | $14.07B | $13.22B | $12.19B | $13.99B |
| Total assets | $121.89B | $118.58B | $115.86B | $111.60B | $107.44B | $104.56B | $102.42B | $99.82B | $100.42B | $102.00B | $109.03B | $105.94B |
| Liabilities | ||||||||||||
| Accounts payable | $1.24B | $1.17B | $1.34B | $1.01B | $1.01B | $995.0M | $1.15B | $937.0M | $917.0M | $721.0M | $921.0M | $756.0M |
| Short-term debt | $6.71B | $6.66B | $4.87B | $5.26B | $6.07B | $4.15B | $4.22B | $5.92B | $4.96B | $6.42B | $10.99B | $8.83B |
| Deferred revenue | — | — | — | — | — | — | — | — | — | — | — | $1.17B |
| Total current liabilities | $12.01B | $11.57B | $10.44B | $9.73B | $10.45B | $8.78B | $9.29B | $10.83B | $11.51B | $15.42B | $24.48B | $21.63B |
| Long-term debt | $46.72B | $45.11B | $44.08B | $43.29B | $40.29B | $39.95B | $37.52B | $37.10B | $36.62B | $35.06B | $33.06B | $33.06B |
| Lease obligations | — | — | $436.0M | — | — | — | $214.0M | — | — | — | $192.0M | — |
| Other long-term liabilities | $29.55B | $28.19B | $27.92B | $26.85B | $25.83B | $25.11B | $25.41B | $24.36B | $25.22B | $24.10B | $23.98B | $23.23B |
| Total liabilities | $88.28B | $84.87B | $82.44B | $79.87B | $76.57B | $73.83B | $72.22B | $72.29B | $73.34B | $74.58B | $81.51B | $77.92B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $25.95B | $25.93B | $25.89B | $24.51B | $24.46B | $24.42B | $24.38B | $23.85B | $23.81B | $23.76B | $23.73B | $23.72B |
| Retained earnings (deficit) | $2.08B | $2.34B | $2.32B | $2.33B | $1.91B | $2.10B | $2.04B | $3.98B | $3.60B | $3.62B | $3.52B | $4.09B |
| Accumulated other comprehensive income | −$100.0M | −$116.0M | −$118.0M | −$139.0M | −$145.0M | −$152.0M | −$156.0M | −$1.65B | −$1.69B | −$1.74B | −$1.51B | −$1.56B |
| Minority interest | $4.69B | $4.56B | $4.33B | $4.04B | $3.66B | $3.36B | — | — | — | — | — | — |
| Total shareholders' equity | $28.92B | $29.15B | $29.08B | $27.69B | $27.21B | $27.36B | $27.25B | $27.53B | $27.07B | $27.42B | $27.53B | $28.03B |
| Key figures | ||||||||||||
| Total debt | $53.42B | $51.77B | $48.94B | $48.55B | $46.36B | $44.10B | $41.75B | $43.02B | $41.58B | $41.48B | $44.24B | $41.89B |
| Net cash (debt) | −$53.13B | −$51.28B | −$48.69B | −$47.48B | −$46.02B | −$43.75B | −$41.44B | −$41.25B | −$41.44B | −$41.22B | −$44.06B | −$41.75B |
| Working capital | −$2.29B | −$2.58B | −$2.37B | −$1.51B | −$3.49B | −$2.37B | −$2.68B | −$2.84B | −$754.0M | $771.0M | $959.0M | $3.05B |
| Tangible book value | $24.78B | $25.00B | $23.26B | $22.09B | $23.07B | $23.22B | $21.97B | $23.39B | $22.93B | $23.28B | $22.44B | $23.89B |
| Book value per share | $32.79 | $33.12 | $34.00 | $32.37 | $31.93 | $32.11 | $31.99 | $32.80 | $32.30 | $32.74 | $32.85 | $33.49 |
| Shares outstanding | 882.1M | 880.1M | 855.3M | 855.4M | 852.2M | 852.2M | 852.0M | 839.3M | 838.3M | 837.6M | 838.0M | 836.8M |
| Current ratio | 0.81 | 0.78 | 0.77 | 0.84 | 0.67 | 0.73 | 0.71 | 0.74 | 0.93 | 1.05 | 1.04 | 1.14 |
| Quick ratio | 0.32 | 0.33 | 0.35 | 0.37 | 0.28 | 0.31 | 0.31 | 0.38 | 0.23 | 0.17 | 0.11 | 0.12 |
| Debt / equity | 1.85 | 1.78 | 1.68 | 1.75 | 1.70 | 1.61 | 1.53 | 1.56 | 1.54 | 1.51 | 1.61 | 1.49 |
| Equity / assets | 23.7% | 24.6% | 25.1% | 24.8% | 25.3% | 26.2% | 26.6% | 27.6% | 27.0% | 26.9% | 25.2% | 26.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 23, 2026); data from EODHD.
D financial position
At the end of fiscal 2025 (December 31, 2025), Dominion Energy had total assets of $115.9 billion (up 13.1% from a year earlier), total liabilities of $82.4 billion and shareholders' equity of $29.1 billion. It held $250.0 million in cash and short-term investments against $48.9 billion of debt, net debt of $48.7 billion. Its current ratio was 0.77. In the latest quarter (ended June 30, 2026) total assets were $121.9 billion and equity $28.9 billion.
Related: D income statement, D cash flow statement, D key metrics. See the D stock overview for the latest quote and news.
D balance sheet FAQ
What are Dominion Energy's total assets?
Dominion Energy reported total assets of $115.9 billion at the end of fiscal 2025 (December 31, 2025), compared with $102.4 billion a year earlier.
How much debt does Dominion Energy have?
Dominion Energy had $48.9 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.68.
How much cash does Dominion Energy have?
Dominion Energy held $250.0 million in cash and short-term investments at the end of fiscal 2025; with $48.9 billion of debt that is net debt of $48.7 billion.
What is Dominion Energy's book value?
Dominion Energy's shareholders' equity (book value) was $29.1 billion at the end of fiscal 2025, or $34.00 per share.
What is Dominion Energy's current ratio?
Dominion Energy had current assets of $8.1 billion and current liabilities of $10.4 billion, a current ratio of 0.77 (current liabilities exceed current assets).
How much goodwill does Dominion Energy have?
Dominion Energy carried $5.8 billion of goodwill and intangible assets, 5.0% of total assets, at the end of fiscal 2025.
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