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Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2024
Quarterly Financial Information Disclosure [Abstract] |
Summary of Quarterly Results of Operations | A summary of Dominion Energy’s quarterly results of operations for the years ended December 31, 2024 and 2023 is as follows.
|  | First Quarter |  |  | Second Quarter |  |  | Third Quarter |  |  | Fourth Quarter |
(millions) |  |  |  |  |  |  |  |  |  |  |  |
2024 |  |  |  |  |  |  |  |  |  |  |  |
Operating revenue |  | $ | 3,632 |  |  | $ | 3,486 |  |  | $ | 3,941 |  |  | $ | 3,400 |
Income from continuing operations |  |  | 833 |  |  |  | 805 |  |  |  | 1,218 |  |  |  | 391 |
Net income from continuing operations including noncontrolling interests |  |  | 323 |  |  |  | 483 |  |  |  | 973 |  |  |  | 95 |
Net income (loss) from discontinued operations including noncontrolling interest |  |  | 118 |  |  |  | 97 |  |  |  | (15 | ) |  |  | (3 | )
Net income including noncontrolling interests |  |  | 441 |  |  |  | 580 |  |  |  | 958 |  |  |  | 92 |
Noncontrolling interests |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (53 | )
Net income attributable to Dominion Energy |  |  | 441 |  |  |  | 580 |  |  |  | 958 |  |  |  | 145 |
Basic EPS: |  |  |  |  |  |  |  |  |  |  |  |
Net income from continuing operations |  |  | 0.36 |  |  |  | 0.54 |  |  |  | 1.14 |  |  |  | 0.15 |
Net income (loss) from discontinued operations |  |  | 0.14 |  |  |  | 0.12 |  |  |  | (0.02 | ) |  |  | — |
Net income attributable to Dominion Energy |  |  | 0.50 |  |  |  | 0.66 |  |  |  | 1.12 |  |  |  | 0.15 |
Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |
Net income from continuing operations |  |  | 0.36 |  |  |  | 0.54 |  |  |  | 1.14 |  |  |  | 0.15 |
Net income (loss) from discontinued operations |  |  | 0.14 |  |  |  | 0.12 |  |  |  | (0.02 | ) |  |  | — |
Net income attributable to Dominion Energy |  |  | 0.50 |  |  |  | 0.66 |  |  |  | 1.12 |  |  |  | 0.15 |
Dividends declared per preferred share (Series B)(1) |  |  | 11.625 |  |  |  | 9.922 |  |  |  | 11.625 |  |  |  | 9.688 |
Dividends declared per preferred share (Series C) |  |  | 10.875 |  |  |  | 10.875 |  |  |  | 10.875 |  |  |  | 10.875 |
Dividends declared per common share |  |  | 0.6675 |  |  |  | 0.6675 |  |  |  | 0.6675 |  |  |  | 0.6675 |
2023 |  |  |  |  |  |  |  |  |  |  |  |
Operating revenue |  | $ | 3,883 |  |  | $ | 3,166 |  |  | $ | 3,810 |  |  | $ | 3,534 |
Income from continuing operations |  |  | 1,079 |  |  |  | 594 |  |  |  | 1,029 |  |  |  | 712 |
Net income from continuing operations including noncontrolling interests |  |  | 691 |  |  |  | 407 |  |  |  | 694 |  |  |  | 364 |
Net income (loss) from discontinued operations including noncontrolling interest |  |  | 281 |  |  |  | 168 |  |  |  | (541 | ) |  |  | (33 | )
Net income including noncontrolling interests |  |  | 972 |  |  |  | 575 |  |  |  | 153 |  |  |  | 331 |
Net income attributable to Dominion Energy |  |  | 972 |  |  |  | 575 |  |  |  | 153 |  |  |  | 331 |
Basic EPS: |  |  |  |  |  |  |  |  |  |  |  |
Net income from continuing operations |  |  | 0.80 |  |  |  | 0.46 |  |  |  | 0.81 |  |  |  | 0.41 |
Net income (loss) from discontinued operations |  |  | 0.34 |  |  |  | 0.20 |  |  |  | (0.65 | ) |  |  | (0.04 | )
Net income attributable to Dominion Energy |  |  | 1.14 |  |  |  | 0.66 |  |  |  | 0.16 |  |  |  | 0.37 |
Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |
Net income from continuing operations |  |  | 0.80 |  |  |  | 0.46 |  |  |  | 0.81 |  |  |  | 0.41 |
Net income (loss) from discontinued operations |  |  | 0.34 |  |  |  | 0.20 |  |  |  | (0.65 | ) |  |  | (0.04 | )
Net income attributable to Dominion Energy |  |  | 1.14 |  |  |  | 0.66 |  |  |  | 0.16 |  |  |  | 0.37 |
Dividends declared per preferred share (Series B) |  |  | 11.625 |  |  |  | 11.625 |  |  |  | 11.625 |  |  |  | 11.625 |
Dividends declared per preferred share (Series C) |  |  | 10.875 |  |  |  | 10.875 |  |  |  | 10.875 |  |  |  | 10.875 |
Dividends declared per common share |  |  | 0.6675 |  |  |  | 0.6675 |  |  |  | 0.6675 |  |  |  | 0.6675 |
(1) See Note 19 for a discussion of repurchases and redemptions during the second and fourth quarters.

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