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Earnings Per Share
3 Months Ended
Mar. 31, 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:

 

 

 

 

Year-to-Date

 

Three Months Ended March 31,

 

 

2025

 

 

2024

 

(millions, except EPS)

 

 

 

 

 

 

 

Net income attributable to Dominion Energy from
   continuing operations

 

 

$

647

 

 

$

323

 

Preferred stock dividends (see Note 16)

 

 

 

(11

)

 

 

(20

)

Net income attributable to Dominion Energy from
   continuing operations - Basic & Diluted

 

 

 

636

 

 

 

303

 

Net income (loss) attributable to Dominion Energy from
   discontinued operations - Basic & Diluted

 

 

$

(1

)

 

$

118

 

Average shares of common stock outstanding - Basic

 

 

 

852.2

 

 

 

837.6

 

Net effect of dilutive securities(1)

 

 

 

 

 

 

 

Average shares of common stock outstanding - Diluted

 

 

 

852.2

 

 

 

837.6

 

EPS from continuing operations - Basic

 

 

$

0.75

 

 

$

0.36

 

EPS from discontinued operations - Basic

 

 

$

 

 

 

0.14

 

EPS attributable to Dominion Energy - Basic

 

 

$

0.75

 

 

$

0.50

 

EPS from continuing operations - Diluted

 

 

$

0.75

 

 

$

0.36

 

EPS from discontinued operations - Diluted

 

 

$

 

 

 

0.14

 

EPS attributable to Dominion Energy - Diluted

 

 

$

0.75

 

 

$

0.50

 

 

(1)
Dilutive securities for 2025 consists of certain forward sales agreements entered into in the fourth quarter of 2024 and first quarter of 2025 (applying the treasury stock method).

Certain of the forward sales agreements entered into in the fourth quarter of 2024 and first quarter of 2025 were potentially dilutive securities but were excluded from the calculation of diluted EPS from continuing operations for the three months ended March 31, 2025 as the dilutive stock price threshold was not met.