vs

Side-by-side financial comparison of Dominion Energy (D) and Garmin (GRMN). Click either name above to swap in a different company.

Dominion Energy is the larger business by last-quarter revenue ($4.2B vs $1.8B, roughly 2.4× Garmin). Garmin runs the higher net margin — 23.1% vs 13.9%, a 9.2% gap on every dollar of revenue. On growth, Dominion Energy posted the faster year-over-year revenue change (23.2% vs 14.0%). Over the past eight quarters, Dominion Energy's revenue compounded faster (9.3% CAGR vs 7.9%).

Dominion Energy, Inc., commonly referred to as Dominion, is an American energy company headquartered in Richmond, Virginia that supplies electricity in parts of Virginia, North Carolina, and South Carolina and supplies natural gas to parts of Utah, Idaho and Wyoming, West Virginia, Ohio, Pennsylvania, North Carolina, South Carolina, and Georgia. Dominion also has generation facilities in Indiana, Illinois, Connecticut, and Rhode Island.

Garmin Ltd. is an American multinational technology company based in Olathe, Kansas. The company designs, develops, manufactures, markets, and distributes GPS-enabled products and other navigation, communication, sensor-based, and information products to the automotive, aviation, marine, outdoors, and sport markets.

D vs GRMN — Head-to-Head

Bigger by revenue
D
D
2.4× larger
D
$4.2B
$1.8B
GRMN
Growing faster (revenue YoY)
D
D
+9.2% gap
D
23.2%
14.0%
GRMN
Higher net margin
GRMN
GRMN
9.2% more per $
GRMN
23.1%
13.9%
D
Faster 2-yr revenue CAGR
D
D
Annualised
D
9.3%
7.9%
GRMN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
D
D
GRMN
GRMN
Revenue
$4.2B
$1.8B
Net Profit
$586.0M
$405.1M
Gross Margin
59.4%
Operating Margin
18.0%
24.6%
Net Margin
13.9%
23.1%
Revenue YoY
23.2%
14.0%
Net Profit YoY
871.1%
21.7%
EPS (diluted)
$0.66
$2.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
D
D
GRMN
GRMN
Q1 26
$1.8B
Q4 25
$4.2B
$2.1B
Q3 25
$4.5B
$1.8B
Q2 25
$3.7B
$1.8B
Q1 25
$4.1B
$1.5B
Q4 24
$3.4B
$1.8B
Q3 24
$3.8B
$1.6B
Q2 24
$3.5B
$1.5B
Net Profit
D
D
GRMN
GRMN
Q1 26
$405.1M
Q4 25
$586.0M
$528.7M
Q3 25
$1.0B
$401.6M
Q2 25
$760.0M
$400.8M
Q1 25
$646.0M
$332.8M
Q4 24
$-76.0M
$435.7M
Q3 24
$954.0M
$399.1M
Q2 24
$572.0M
$300.6M
Gross Margin
D
D
GRMN
GRMN
Q1 26
59.4%
Q4 25
59.2%
Q3 25
59.1%
Q2 25
58.8%
Q1 25
57.6%
Q4 24
59.3%
Q3 24
60.0%
Q2 24
57.3%
Operating Margin
D
D
GRMN
GRMN
Q1 26
24.6%
Q4 25
18.0%
28.9%
Q3 25
29.7%
25.8%
Q2 25
29.5%
26.0%
Q1 25
29.9%
21.7%
Q4 24
11.4%
28.3%
Q3 24
32.2%
27.6%
Q2 24
23.3%
22.7%
Net Margin
D
D
GRMN
GRMN
Q1 26
23.1%
Q4 25
13.9%
24.9%
Q3 25
22.3%
22.7%
Q2 25
20.4%
22.1%
Q1 25
15.8%
21.7%
Q4 24
-2.2%
23.9%
Q3 24
25.2%
25.2%
Q2 24
16.6%
20.0%
EPS (diluted)
D
D
GRMN
GRMN
Q1 26
$2.09
Q4 25
$0.66
$2.72
Q3 25
$1.16
$2.08
Q2 25
$0.88
$2.07
Q1 25
$0.75
$1.72
Q4 24
$-0.11
$2.24
Q3 24
$1.12
$2.07
Q2 24
$0.65
$1.56

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
D
D
GRMN
GRMN
Cash + ST InvestmentsLiquidity on hand
$250.0M
$2.3B
Total DebtLower is stronger
$44.1B
Stockholders' EquityBook value
$29.1B
Total Assets
$115.9B
$11.0B
Debt / EquityLower = less leverage
1.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
D
D
GRMN
GRMN
Q1 26
$2.3B
Q4 25
$250.0M
$2.3B
Q3 25
$932.0M
$2.1B
Q2 25
$344.0M
$2.1B
Q1 25
$355.0M
$2.2B
Q4 24
$310.0M
$2.1B
Q3 24
$1.8B
$2.0B
Q2 24
$139.0M
$1.9B
Total Debt
D
D
GRMN
GRMN
Q1 26
Q4 25
$44.1B
Q3 25
$43.3B
Q2 25
$40.3B
Q1 25
$39.9B
Q4 24
$37.5B
Q3 24
$37.1B
Q2 24
$36.6B
Stockholders' Equity
D
D
GRMN
GRMN
Q1 26
Q4 25
$29.1B
$9.0B
Q3 25
$27.7B
$8.5B
Q2 25
$27.2B
$8.1B
Q1 25
$27.4B
$8.2B
Q4 24
$27.3B
$7.8B
Q3 24
$27.5B
$7.5B
Q2 24
$27.1B
$7.0B
Total Assets
D
D
GRMN
GRMN
Q1 26
$11.0B
Q4 25
$115.9B
$11.0B
Q3 25
$111.6B
$10.5B
Q2 25
$107.4B
$10.3B
Q1 25
$104.6B
$9.8B
Q4 24
$102.4B
$9.6B
Q3 24
$99.8B
$9.3B
Q2 24
$100.4B
$8.9B
Debt / Equity
D
D
GRMN
GRMN
Q1 26
Q4 25
1.52×
Q3 25
1.56×
Q2 25
1.48×
Q1 25
1.46×
Q4 24
1.38×
Q3 24
1.35×
Q2 24
1.35×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
D
D
GRMN
GRMN
Operating Cash FlowLast quarter
$987.0M
$536.0M
Free Cash FlowOCF − Capex
$469.4M
FCF MarginFCF / Revenue
26.8%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.68×
1.32×
TTM Free Cash FlowTrailing 4 quarters
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
D
D
GRMN
GRMN
Q1 26
$536.0M
Q4 25
$987.0M
$553.8M
Q3 25
$1.9B
$485.6M
Q2 25
$1.2B
$173.2M
Q1 25
$1.2B
$420.8M
Q4 24
$641.0M
$483.9M
Q3 24
$1.5B
$258.0M
Q2 24
$856.0M
$255.3M
Free Cash Flow
D
D
GRMN
GRMN
Q1 26
$469.4M
Q4 25
$429.6M
Q3 25
$425.1M
Q2 25
$127.5M
Q1 25
$380.7M
Q4 24
$399.2M
Q3 24
$219.4M
Q2 24
$218.2M
FCF Margin
D
D
GRMN
GRMN
Q1 26
26.8%
Q4 25
20.2%
Q3 25
24.0%
Q2 25
7.0%
Q1 25
24.8%
Q4 24
21.9%
Q3 24
13.8%
Q2 24
14.5%
Capex Intensity
D
D
GRMN
GRMN
Q1 26
Q4 25
5.8%
Q3 25
3.4%
Q2 25
2.5%
Q1 25
2.6%
Q4 24
4.6%
Q3 24
2.4%
Q2 24
2.5%
Cash Conversion
D
D
GRMN
GRMN
Q1 26
1.32×
Q4 25
1.68×
1.05×
Q3 25
1.93×
1.21×
Q2 25
1.64×
0.43×
Q1 25
1.83×
1.26×
Q4 24
1.11×
Q3 24
1.61×
0.65×
Q2 24
1.50×
0.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

D
D

Dominion Energy Virginia$3.0B72%
Nonregulated Electricity Sales$334.0M8%
Contracted Energy$306.0M7%
Other$292.0M7%
Other Nonregulated Revenues$97.0M2%
Other Regulated Revenues$66.0M2%
Alternative Revenue Programs$50.0M1%
Transition Services Agreements$25.0M1%
Regulated Gas Transportation And Storage$10.0M0%
Related Party$5.0M0%

GRMN
GRMN

Segment breakdown not available.

Related Comparisons