Dominion Energy Inc. (D) vs WEC Energy Group, Inc. (WEC)

Dominion Energy Inc. and WEC Energy Group, Inc. are both Utilities Regulated Electric companies. Dominion Energy Inc. is the larger, with a market value of $53.1B against $32.9B — 1.6× the size. WEC Energy Group, Inc. trades at the lower P/E: 19.5× against 21.1×. Dominion Energy Inc. grew revenue faster over the last twelve months: 19.0% against 8.93%. WEC Energy Group, Inc. has the higher net margin (16.7% vs 14.0%) and the higher return on invested capital (3.86% vs 2.75%). Both pay a dividend; Dominion Energy Inc. yields more (6.04% vs 4.31%). Across the 22 metrics below, WEC Energy Group, Inc. leads on 15 and Dominion Energy Inc. on 7.

Valuation

Metric D WEC Utilities Regulated Electric median
P/E 21.14 19.51 18.84
P/S 2.95 3.26 2.52
P/B 1.64 2.27 1.63
Price to free cash flow n/m n/m 36.22
EV/EBITDA 16.19 14.62 11.82
EV/Sales 5.88 5.52 4.58
Earnings yield 4.73% 5.13% 5.30%
Free cash flow yield (12.81%) (4.60%) (5.06%)

Profitability

Metric D WEC Utilities Regulated Electric median
Gross margin 66.84% 65.71% 66.28%
Operating margin 21.06% 22.84% 21.79%
Net margin 13.99% 16.69% 12.94%
Free cash flow margin (37.72%) (14.99%) (11.51%)
Return on equity 8.11% 12.00% 9.75%
Return on assets 2.21% 3.34% 2.75%
Return on invested capital 2.75% 3.86% 3.87%

Growth

Metric D WEC Utilities Regulated Electric median
Revenue growth (TTM) 18.99% 8.93% 7.43%
EPS growth (last fiscal year) 41.39% (0.41%) —
Revenue growth, 5-year CAGR 3.10% 6.24% 6.75%
Net income growth, 5-year CAGR 0.00% 5.36% 6.44%

Health

Metric D WEC Utilities Regulated Electric median
Debt to equity 1.59 1.58 1.53
Current ratio 0.81 0.53 0.81
Net debt to EBITDA 6.86 5.99 5.25

Dividend

Metric D WEC Utilities Regulated Electric median
Dividend yield 6.04% 4.31% 4.33%
Payout ratio 0.99 0.71 0.66

Size

Metric D WEC Utilities Regulated Electric median
Market cap 53.11b 32.88b 22.90b

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