---
title: Dominion Energy (D) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/d
ticker: D
as_of: 2026-10-17
sector: Utilities
industry: Regulated Electric
---
# Dominion Energy (D)

Dominion Energy (D) closed at $63.56 on Oct 16, 2026, undervalued by 19% vs its model value of $78.64 (from its own five-year median P/E applied to its earnings).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $63.56 (Oct 16, 2026) |
| Model value (from its own five-year median P/E applied to its earnings) | $78.64 |
| Price vs model | undervalued by 19% vs model |
| Range of that model | $70.00 – $88.67 |
| Market value | $55.9B |
| P/E (fiscal 2025) | 18.4 |
| Net margin (fiscal 2025) | 18.2% |
| Free cash flow (fiscal 2025) | -$7.3B |
| Dividend yield (trailing twelve months) | 4.20% |
| Beta | 0.62 |
| Cost of capital (WACC) | 6.38% |
| Business classification | Dividend Payer (Moderate growth (~11% recent), Moderate margins (18% net margin), Strong dividend yield, Highly cyclical earnings, Negative free cash flow) |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 4.20% |
| Dividends per share, last 12 months | $2.67 |
| Coverage | — |
| Raised | — |
| Growth over 5 years | 1.2% a year |
| Latest payment | $0.6675, ex-date Sep 4, 2026, paid Sep 20, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| To Sep 2, 2021 | $2.52 |
| To Sep 1, 2022 | $2.63 |
| To Aug 31, 2023 | $2.67 |
| To Aug 30, 2024 | $2.67 |
| To Sep 5, 2025 | $2.67 |
| Trailing twelve months (to Sep 4, 2026) | $2.67 |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| DCF · Perpetuity growth · 5y | cross check | $35.36 | $0.00 | $134.45 |
| DCF · Perpetuity growth · 10y | cross check | $46.18 | $3.95 | $160.59 |
| DCF · EBITDA exit · 5y | cross check | $160.05 | $80.41 | $254.50 |
| DCF · EBITDA exit · 10y | cross check | $159.15 | $73.24 | $276.31 |
| P/E · peers | cross check | $64.51 | $53.89 | $69.33 |
| P/E · own history | primary | $78.64 | $70.00 | $88.67 |
| PEG | sanity check | $37.18 | $37.18 | $37.18 |
| EV/EBITDA · peers | cross check | $42.98 | $33.96 | $52.34 |
| EV/Revenue · peers | cross check | $33.86 | $17.90 | $56.68 |
| Earnings power value | cross check | $0.00 | $0.00 | $0.00 |
| Dividend discount | cross check | $45.03 | $32.05 | $76.01 |

## Insider activity (SEC Form 4)

No open-market insider buys or sales filed in the past 90 days.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| May 5, 2026 | Sutherland Vanessa Allen | Director | Grant / award | 4,687 | $295,046.7 |
| May 5, 2026 | STORY SUSAN N | Director | Grant / award | 2,820 | $177,519 |
| May 5, 2026 | STORY SUSAN N | Director | Grant / award | 2,661 | $167,510 |
| May 5, 2026 | SPILMAN ROBERT H JR | Director | Grant / award | 5,084 | $320,037.8 |
| May 5, 2026 | Lyash Jeffrey J. | Director | Grant / award | 2,820 | $177,519 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Sep 14, 2026 | 8-K | 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/715957/000119312526390654/d107020d8k.htm |
| Sep 3, 2026 | 8-K | 5.07 Submission of Matters to a Shareholder Vote | https://www.sec.gov/Archives/edgar/data/715957/000119312526381919/d323818d8k.htm |
| Aug 25, 2026 | 8-K | 8.01 Other Events | https://www.sec.gov/Archives/edgar/data/715957/000119312526364045/d943400d8k.htm |
| Jul 31, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/715957/000119312526327487/d-20260630.htm |
| Jul 31, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/715957/000119312526326812/d-20260731.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Dodge & Cox | 2026-06-30 | 18,303,470 | $1.2B |
| Soros | 2026-06-30 | 165,344 | $11.3M |

2 tracked managers in all.

## About

Dominion Energy, Inc. is an American energy company that provides regulated electricity and natural gas services. It generates, transmits, and distributes electricity to customers in Virginia and the Carolinas, and distributes natural gas to customers in multiple states including South Carolina, Ohio, and Utah. The company's asset portfolio includes electric generation capacity from various sources including renewables, electric transmission and distribution lines, and natural gas infrastructure.

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Source: https://sweetvaluelab.com/stocks/d (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.