• Dominion Energy average return on tangible equity for 2023 was 8.93, a 18.3% increase from 2022.
• Dominion Energy average return on tangible equity for 2022 was 10.93, a 7.69% decline from 2021.
• Dominion Energy average return on tangible equity for 2021 was 11.84, a 507.18% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.