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Dominion Energy (D) Financial Forecast Calculator

Interactive 5-year forecast and DCF for Dominion Energy. Adjust revenue growth, gross margin, capex intensity, WACC, and terminal growth - see revenue, free cash flow, and enterprise value update in real time. Seeded from Dominion Energy’s most recent SEC filings.

Revenue FY30
$13.17B
from $13.49B
FCF FY30
$3.56B
Margin 27.0%
Enterprise value
$67.10B
5.0× LTM revenue
Equity value
$27.38B
Net debt $39.72B
Revenue & free cash flow - history and 5-year forecast
Line (area)
Bars
Historicals from SEC EDGAR (grey). Forecast years (color) update live as you move the sliders.

Assumptions

Revenue growth (annual)
-0.5%
-10.0%baseline -0.5%40.0%
Gross margin
45.0%
5.0%baseline 45.0%90.0%
Capex % of revenue
5.6%
0.0%baseline 5.6%30.0%
WACC (discount rate)
9.00%
4.0%baseline 9.0%18.0%
Terminal growth
2.50%
0.0%baseline 2.5%5.0%

Need this as an Excel model?

Keep iterating on the Dominion Energy forecast in Excel. The downloadable sample has every assumption you see here plus a fully integrated income statement, balance sheet, cash flow, and debt schedule - five years of SEC historicals and live formulas in a fully editable workbook.

income_statement.xlsx
Income statement, brown brand palette
income_statement.xlsx
Income statement, green brand palette
income_statement.xlsx
Income statement, red brand palette

Frequently asked

What does Dominion Energy do, and where does it primarily operate?+

Dominion Energy is a regulated electric utility holding company providing electricity to approximately 3.6 million homes and businesses. Following a strategic review, it transitioned to a pure-play electric utility, primarily operating in Virginia and South Carolina.

How does Dominion Energy generate revenue, and what are its key growth drivers?+

As an asset-heavy regulated utility, Dominion Energy's earnings are driven by its capital investments, known as the 'rate base,' and a regulator-approved Return on Equity. A significant growth driver is the unprecedented data center load growth in its service territories, particularly in Virginia, where data centers account for roughly 26% of Dominion Energy Virginia's total electric load.

What is the assumed capital expenditure as a percentage of revenue in the Dominion Energy financial model?+

In the financial model, the assumed capital expenditure (Capex) as a percentage of revenue is 5.56%. This reflects the company's significant investment needs as a capital-intensive utility.

What are Dominion Energy's strategic financial targets, and how does it plan to achieve them?+

Dominion Energy aims to achieve a 5-7% EPS growth target while maintaining its BBB+ credit rating. This is planned through a $65 billion capital expenditure program and rate base expansion, driven partly by data center load growth.

Can I download a financial model for Dominion Energy, and what is its forecast horizon?+

Yes, a downloadable Excel financial model is available for Dominion Energy. This model provides a forecast horizon spanning from fiscal year 2026 through fiscal year 2030.

How has Dominion Energy's business model changed recently, and what are its primary asset categories?+

Dominion Energy recently transitioned to a pure-play electric utility by divesting its gas distribution businesses to Enbridge for approximately $14 billion. Its primary asset categories include Net Property, Plant & Equipment, which constitutes over 70% of total assets, and material Regulatory Assets.

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