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Earnings Per Share | 6 Months Ended
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Jun. 30, 2025
Earnings Per Share [Abstract] |
Earnings Per Share | Note 6. Earnings Per Share The following table presents the calculation of Dominion Energy’s basic and diluted EPS:
|  | Quarter-to-Date |  |  | Year-to-Date |
Period Ended June 30, |  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
(millions, except EPS) |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Dominion Energy from continuing operations |  | $ | 759 |  |  | $ | 466 |  |  | $ | 1,425 |  |  | $ | 751 |
Preferred stock dividends (see Note 16) |  |  | (11 | ) |  |  | (19 | ) |  |  | (22 | ) |  |  | (39 | )
Preferred stock deemed dividends (see Note 16) |  |  | — |  |  |  | (9 | ) |  |  | — |  |  |  | (9 | )
Net income attributable to Dominion Energy from continuing operations - Basic & Diluted |  |  | 748 |  |  |  | 438 |  |  |  | 1,403 |  |  |  | 703 |
Net income (loss) attributable to Dominion Energy from discontinued operations - Basic & Diluted |  | $ | 1 |  |  | $ | 97 |  |  | $ | — |  |  | $ | 215 |
Average shares of common stock outstanding - Basic |  |  | 852.9 |  |  |  | 838.3 |  |  |  | 852.5 |  |  |  | 838.0 |
Net effect of dilutive securities(1) |  |  | 0.3 |  |  |  | — |  |  |  | 0.2 |  |  |  | — |
Average shares of common stock outstanding - Diluted |  |  | 853.2 |  |  |  | 838.3 |  |  |  | 852.7 |  |  |  | 838.0 |
EPS from continuing operations - Basic |  | $ | 0.88 |  |  | $ | 0.52 |  |  | $ | 1.65 |  |  | $ | 0.84 |
EPS from discontinued operations - Basic |  |  | — |  |  |  | 0.12 |  |  |  | — |  |  |  | 0.26 |
EPS attributable to Dominion Energy - Basic |  | $ | 0.88 |  |  | $ | 0.64 |  |  | $ | 1.65 |  |  | $ | 1.10 |
EPS from continuing operations - Diluted |  | $ | 0.88 |  |  | $ | 0.52 |  |  | $ | 1.65 |  |  | $ | 0.84 |
EPS from discontinued operations - Diluted |  |  | — |  |  |  | 0.12 |  |  |  | — |  |  |  | 0.26 |
EPS attributable to Dominion Energy - Diluted |  | $ | 0.88 |  |  | $ | 0.64 |  |  | $ | 1.65 |  |  | $ | 1.10 |
(1) Dilutive securities for 2025 consists of forward sales agreements entered into in the first and second quarter of 2025 and certain forward sales agreements entered into in the fourth quarter of 2024 (applying the treasury stock method). Additionally, certain of the forward sales agreements entered into in the second quarter of 2024 are considered dilutive securities but have an inconsequential impact for the three and six months ended June 30, 2024 (applying the treasury stock method). See Note 16 for additional information. The forward sales agreements entered into in the third quarter of 2024 and certain of the forward sales agreements entered into in the fourth quarter of 2024 were potentially dilutive securities, but were excluded from the calculation of diluted EPS from continuing operations for the three and six months ended June 30, 2025 as the dilutive stock price threshold was not met. Additionally, certain of the forward sales agreements entered into in the second quarter of 2024 were potentially dilutive securities but were excluded from the calculation of diluted EPS from continuing operations for three and six months ended June 30, 2024 as the dilutive stock price threshold was not met.

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