NYSE : SRE
Sempra — Financial statements
Utilities · Utilities - Diversified · United States
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Sempra (SRE) reported revenue of 13.55B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 13.55B | 13.70B | 13.19B | 16.72B | 14.44B | 12.86B |
| Fuel & Purchased Power | 1.44B | 1.67B | 1.38B | 4.09B | 3.54B | 2.61B |
| Operations & Maintenance | 5.19B | 5.28B | 5.34B | 5.46B | 4.75B | 4.34B |
| Depreciation & Amortization | 2.50B | 2.56B | 2.44B | 2.23B | 2.02B | 1.85B |
| Other Operating Expenses | 1.04B | 1.25B | 1.17B | 1.33B | 1.64B | 1.27B |
| Total Operating Expenses | 10.18B | 10.76B | 10.32B | 13.11B | 11.94B | 10.08B |
| Operating Income | 3.37B | 2.94B | 2.86B | 3.61B | 2.50B | 2.78B |
| Interest Expense | -1.55B | -1.53B | -1.05B | -1.31B | -1.05B | -1.20B |
| Interest Income | 227.00M | 196.00M | 136.00M | 168.00M | 101.00M | 75.00M |
| Net Interest Expense | -1.33B | -1.34B | -914.00M | -1.14B | -954.00M | -1.12B |
| Income (Loss) on Equity Investments | 1.80B | 1.60B | 1.61B | 1.48B | 1.50B | 1.34B |
| Currency Exchange Gain (Loss) | 13.00M | 13.00M | -16.00M | 2.00M | -24.00M | -40.00M |
| Allowance for Equity Funds for Construction | 167.00M | 174.00M | 150.00M | 140.00M | 143.00M | 133.00M |
| Other Non-Operating Income (Expenses) | -651.00M | -620.00M | 28.00M | 16.00M | -62.00M | 26.00M |
| EBT Excluding Unusual Items | 3.37B | 2.77B | 3.72B | 4.11B | 3.10B | 3.12B |
| Gain (Loss) on Sale of Assets | 36.00M | |||||
| Legal Settlements | -259.00M | -1.59B | ||||
| Pretax Income | 3.37B | 2.77B | 3.72B | 4.11B | 2.84B | 1.56B |
| Income Tax Expense | 649.00M | 701.00M | 219.00M | 490.00M | 556.00M | 99.00M |
| Earnings From Continuing Ops. | 2.73B | 2.07B | 3.50B | 3.62B | 2.28B | 1.46B |
| Net Income to Company | 2.73B | 2.07B | 3.50B | 3.62B | 2.28B | 1.46B |
| Minority Interest in Earnings | -445.00M | -235.00M | -638.00M | -543.00M | -146.00M | -145.00M |
| Net Income | 2.28B | 1.84B | 2.86B | 3.07B | 2.14B | 1.32B |
| Preferred Dividends & Other Adjustments | 18.00M | 40.00M | 44.00M | 44.00M | 44.00M | 63.00M |
| Net Income to Common | 2.26B | 1.80B | 2.82B | 3.03B | 2.09B | 1.25B |
| Shares Outstanding (Basic) | 653.44M | 652.70M | 633.79M | 630.30M | 630.32M | 623.51M |
| Shares Outstanding (Diluted) | 655.12M | 653.83M | 637.94M | 632.73M | 632.76M | 626.07M |
| EPS (Basic) | 3.46 | 2.75 | 4.44 | 4.81 | 3.32 | 2.01 |
| EPS (Diluted) | 3.46 | 2.75 | 4.42 | 4.79 | 3.31 | 2.01 |
| Free Cash Flow | -5.24B | -6.05B | -3.31B | -2.18B | -4.21B | -1.17B |
| Free Cash Flow Per Share | -8.00 | -9.25 | -5.18 | -3.44 | -6.66 | -1.87 |
| Dividend Per Share | 2.61 | 2.58 | 2.48 | 2.38 | 2.29 | 2.20 |
| Profit Margin | 16.69% | 13.11% | 21.37% | 18.12% | 14.50% | 9.75% |
| Free Cash Flow Margin | -38.69% | -44.13% | -25.09% | -13.03% | -29.19% | -9.12% |
| EBITDA | 5.87B | 5.50B | 5.30B | 5.84B | 4.52B | 4.63B |
| EBITDA Margin | 43.34% | 40.15% | 40.18% | 34.91% | 31.28% | 36.05% |
| D&A For EBITDA | 2.50B | 2.56B | 2.44B | 2.23B | 2.02B | 1.85B |
| EBIT | 3.37B | 2.94B | 2.86B | 3.61B | 2.50B | 2.78B |
| EBIT Margin | 24.88% | 21.44% | 21.70% | 21.59% | 17.30% | 21.62% |
| Effective Tax Rate | 19.23% | 25.29% | 5.89% | 11.93% | 19.58% | 6.34% |
| Revenue as Reported | 13.55B | 13.70B | 13.19B | 16.72B | 14.44B | 12.86B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 48.00M | 29.00M | 1.56B | 236.00M | 370.00M | 559.00M |
| Trading Asset Securities | 17.00M | |||||
| Accounts Receivable | 1.49B | 1.77B | 2.00B | 2.18B | 2.69B | 2.09B |
| Other Receivables | 442.00M | 228.00M | 487.00M | 655.00M | 798.00M | 480.00M |
| Inventory | 496.00M | 561.00M | 559.00M | 482.00M | 403.00M | 389.00M |
| Prepaid Expenses | 273.00M | 268.00M | 260.00M | |||
| Restricted Cash | 2.00M | 2.00M | 21.00M | 49.00M | 40.00M | 19.00M |
| Other Current Assets | 33.81B | 32.25B | 657.00M | 1.58B | 1.34B | 574.00M |
| Total Current Assets | 36.29B | 34.84B | 5.29B | 5.47B | 5.91B | 4.38B |
| Property, Plant & Equipment | 51.02B | 50.27B | 62.61B | 55.68B | 48.44B | 44.49B |
| Regulatory Assets | 4.30B | 3.87B | 3.94B | 3.77B | 2.59B | 2.01B |
| Goodwill | 1.60B | 1.60B | 1.60B | 1.60B | ||
| Other Intangible Assets | 292.00M | 318.00M | 344.00M | 370.00M | ||
| Long-Term Investments | 19.15B | 17.64B | 18.21B | 16.58B | 15.71B | 14.48B |
| Long-Term Loans Receivable | 377.00M | 368.00M | 349.00M | 332.00M | 316.00M | 934.00M |
| Long-Term Deferred Tax Assets | 10.00M | 10.00M | 172.00M | 129.00M | 135.00M | 151.00M |
| Long-Term Accounts Receivable | 19.00M | 21.00M | 18.00M | 9.00M | 70.00M | |
| Other Long-Term Assets | 4.12B | 3.86B | 3.68B | 3.30B | 3.52B | 3.57B |
| Total Assets | 115.28B | 110.88B | 96.16B | 87.18B | 78.57B | 72.05B |
| Accounts Payable | 1.23B | 1.46B | 2.24B | 2.21B | 1.99B | 1.67B |
| Accrued Expenses | 358.00M | 521.00M | 558.00M | 526.00M | 484.00M | 479.00M |
| Short-Term Debt | 3.57B | 4.17B | 2.02B | 2.35B | 3.35B | 3.47B |
| Current Portion of Long-Term Debt | 2.08B | 1.80B | 2.21B | 911.00M | 1.07B | 70.00M |
| Current Unearned Revenue | 4.00M | 4.00M | 105.00M | 5.00M | 45.00M | 116.00M |
| Current Portion of Leases | 163.00M | 156.00M | 134.00M | 110.00M | 92.00M | |
| Other Current Liabilities | 14.88B | 13.78B | 2.39B | 3.96B | 2.85B | 4.14B |
| Total Current Liabilities | 22.11B | 21.89B | 9.68B | 10.09B | 9.90B | 10.04B |
| Long-Term Debt | 29.76B | 27.76B | 30.66B | 26.79B | 23.56B | 20.20B |
| Long-Term Leases | 1.26B | 2.40B | 2.27B | 1.88B | 1.81B | 1.76B |
| Long-Term Unearned Revenue | 62.00M | 64.00M | 91.00M | 193.00M | 207.00M | 162.00M |
| Pension & Post-Retirement Benefits | 119.00M | 124.00M | 168.00M | 407.00M | 410.00M | 687.00M |
| Long-Term Deferred Tax Liabilities | 6.50B | 6.13B | 5.84B | 5.25B | 4.59B | 3.48B |
| Other Long-Term Liabilities | 12.16B | 10.52B | 9.66B | 8.92B | 8.83B | 8.31B |
| Total Liabilities | 71.97B | 68.88B | 58.37B | 53.53B | 49.32B | 44.63B |
| Preferred Stock, Redeemable | 889.00M | 889.00M | 889.00M | 889.00M | ||
| Total Preferred Equity | 889.00M | 889.00M | 889.00M | 889.00M | ||
| Common Stock | 14.76B | 14.70B | 13.52B | 12.20B | 12.16B | 11.86B |
| Retained Earnings | 18.07B | 17.09B | 16.98B | 15.73B | 14.20B | 13.55B |
| Comprehensive Income & Other | -144.00M | -197.00M | -166.00M | -150.00M | -135.00M | -318.00M |
| Total Common Equity | 32.69B | 31.59B | 30.33B | 27.79B | 26.23B | 25.09B |
| Minority Interest | 10.62B | 10.40B | 6.57B | 4.98B | 2.14B | 1.44B |
| Shareholders' Equity | 43.31B | 42.00B | 37.79B | 33.65B | 29.26B | 27.42B |
| Total Liabilities & Equity | 115.28B | 110.88B | 96.16B | 87.18B | 78.57B | 72.05B |
| Total Debt | 36.66B | 36.29B | 37.31B | 32.06B | 29.91B | 25.59B |
| Net Cash (Debt) | -36.62B | -36.26B | -35.74B | -31.80B | -29.54B | -25.03B |
| Net Cash Per Share | -55.89 | -55.46 | -56.03 | -50.26 | -46.68 | -39.98 |
| Filing Date Shares Outstanding | 653.90M | 653.28M | 651.46M | 632.15M | 629.14M | 631.31M |
| Total Common Shares Outstanding | 653.75M | 652.73M | 650.63M | 631.43M | 628.00M | 634.00M |
| Working Capital | 14.19B | 12.94B | -4.39B | -4.62B | -3.99B | -5.66B |
| Book Value Per Share | 50.00 | 48.40 | 46.62 | 44.00 | 41.76 | 39.58 |
| Tangible Book Value | 32.69B | 31.59B | 28.44B | 25.87B | 24.28B | 23.12B |
| Tangible Book Value Per Share | 50.00 | 48.40 | 43.71 | 40.96 | 38.66 | 36.47 |
| Land | 498.00M | 488.00M | 476.00M | 291.00M | ||
| Machinery | 28.88B | 34.35B | 32.31B | 30.10B | 28.46B | |
| Construction In Progress | 3.92B | 12.60B | 9.02B | 4.98B | 4.32B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 2.28B | 1.84B | 2.86B | 3.07B | 2.14B | 1.32B |
| Depreciation & Amortization | 2.50B | 2.56B | 2.44B | 2.23B | 2.02B | 1.85B |
| Loss (Gain) on Sale of Assets | -36.00M | |||||
| Loss (Gain) on Equity Investments | -1.80B | -1.60B | -1.61B | -1.48B | -1.50B | -1.34B |
| Stock-Based Compensation | 97.00M | 64.00M | 86.00M | 80.00M | 71.00M | 63.00M |
| Change in Accounts Receivable | -66.00M | -66.00M | 118.00M | 168.00M | -976.00M | -599.00M |
| Change in Inventory | -64.00M | -64.00M | -74.00M | -80.00M | -17.00M | -87.00M |
| Change in Accounts Payable | -7.00M | -7.00M | -131.00M | -270.00M | 430.00M | 263.00M |
| Change in Income Taxes | -187.00M | -187.00M | -49.00M | 142.00M | -29.00M | -38.00M |
| Change in Other Net Operating Assets | 1.66B | 1.12B | 617.00M | 1.79B | -2.58B | 1.99B |
| Other Operating Activities | 926.00M | 845.00M | 442.00M | 113.00M | 1.46B | 407.00M |
| Operating Cash Flow | 5.42B | 4.57B | 4.91B | 6.22B | 1.14B | 3.84B |
| Capital Expenditures | -10.66B | -10.61B | -8.21B | -8.40B | -5.36B | -5.01B |
| Sale of Property, Plant & Equipment | 38.00M | |||||
| Investment in Securities | -2.56B | -2.02B | -988.00M | -382.00M | 250.00M | -603.00M |
| Contributions to Nuclear Demissioning Trust | -1.15B | -1.03B | -889.00M | -610.00M | -700.00M | -961.00M |
| Other Investing Activities | 1.23B | 1.12B | 974.00M | 673.00M | 768.00M | 1.03B |
| Investing Cash Flow | -13.14B | -12.54B | -9.12B | -8.72B | -5.04B | -5.51B |
| Short-Term Debt Issued | 1.26B | 552.00M | 1.91B | |||
| Long-Term Debt Issued | 11.43B | 8.76B | 7.70B | 10.01B | 3.81B | |
| Total Debt Issued | 14.68B | 12.69B | 8.76B | 8.25B | 10.01B | 5.73B |
| Short-Term Debt Repaid | -557.00M | -1.27B | ||||
| Long-Term Debt Repaid | -5.22B | -3.34B | -6.29B | -4.51B | -5.49B | |
| Total Debt Repaid | -6.95B | -5.22B | -3.90B | -6.29B | -5.78B | -5.49B |
| Net Debt Issued (Repaid) | 7.73B | 7.47B | 4.86B | 1.96B | 4.24B | 237.00M |
| Issuance of Common Stock | 149.00M | 138.00M | 1.22B | 145.00M | 4.00M | 5.00M |
| Repurchase of Common Stock | -21.00M | -58.00M | -43.00M | -32.00M | -478.00M | -339.00M |
| Common Dividends Paid | -1.64B | -1.60B | -1.50B | -1.48B | -1.43B | -1.33B |
| Preferred Dividends Paid | -18.00M | -40.00M | -44.00M | -44.00M | -44.00M | -99.00M |
| Dividends Paid | -1.66B | -1.64B | -1.54B | -1.53B | -1.47B | -1.43B |
| Other Financing Activities | 4.94B | 4.92B | 928.00M | 1.88B | 1.49B | 2.79B |
| Financing Cash Flow | 10.23B | 9.93B | 5.42B | 2.42B | 3.78B | 1.26B |
| Foreign Exchange Rate Adjustments | 5.00M | 5.00M | -13.00M | 6.00M | -1.00M | 2.00M |
| Net Cash Flow | 2.52B | 1.96B | 1.20B | -73.00M | -119.00M | -404.00M |
| Free Cash Flow | -5.24B | -6.05B | -3.31B | -2.18B | -4.21B | -1.17B |
| Free Cash Flow Margin | -38.69% | -44.13% | -25.09% | -13.03% | -29.19% | -9.12% |
| Free Cash Flow Per Share | -8.00 | -9.25 | -5.18 | -3.44 | -6.66 | -1.87 |
| Levered Free Cash Flow | -27.66B | -27.73B | -4.47B | -3.00B | -5.12B | -316.88M |
| Unlevered Free Cash Flow | -26.69B | -26.77B | -3.81B | -2.18B | -4.46B | 432.50M |
| Cash Interest Paid | 1.52B | 1.45B | 1.21B | 1.17B | 1.01B | 1.16B |
| Cash Income Tax Paid | 210.00M | 376.00M | 289.00M | 197.00M | 284.00M | 230.00M |
| Change in Working Capital | 1.33B | 796.00M | 481.00M | 1.75B | -3.17B | 1.52B |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 56.22B | 57.63B | 55.56B | 47.03B | 48.58B | 42.24B |
| Enterprise Value | 92.83B | 99.38B | 96.77B | 82.74B | 78.03B | 68.87B |
| PE Ratio | 24.83 | 32.09 | 19.72 | 15.52 | 23.20 | 33.69 |
| PS Ratio | 4.15 | 4.21 | 4.21 | 2.81 | 3.36 | 3.29 |
| PB Ratio | 1.72 | 1.37 | 1.47 | 1.40 | 1.66 | 1.54 |
| P/OCF Ratio | 10.38 | 12.62 | 11.32 | 7.56 | 42.54 | 10.99 |
| EV/Sales Ratio | 6.85 | 7.25 | 7.34 | 4.95 | 5.40 | 5.36 |
| EV/EBITDA Ratio | 15.80 | 18.07 | 18.27 | 14.18 | 17.27 | 14.86 |
| EV/EBIT Ratio | 27.54 | 33.83 | 33.82 | 22.92 | 31.24 | 24.77 |
| Debt / Equity Ratio | 0.85 | 0.86 | 0.99 | 0.95 | 1.02 | 0.93 |
| Debt / EBITDA Ratio | 5.79 | 6.09 | 6.46 | 5.09 | 6.06 | 5.52 |
| Net Debt / Equity Ratio | 0.85 | 0.86 | 0.95 | 0.94 | 1.01 | 0.91 |
| Net Debt / EBITDA Ratio | 6.23 | 6.59 | 6.75 | 5.45 | 6.54 | 5.40 |
| Net Debt / FCF Ratio | -6.98 | -6.00 | -10.81 | -14.60 | -7.01 | -21.34 |
| Quick Ratio | 0.09 | 0.09 | 0.42 | 0.31 | 0.39 | 0.31 |
| Current Ratio | 1.64 | 1.59 | 0.55 | 0.54 | 0.60 | 0.44 |
| Asset Turnover | 0.13 | 0.13 | 0.14 | 0.20 | 0.19 | 0.18 |
| Return on Equity (ROE) | 6.68% | 5.19% | 9.79% | 11.50% | 8.06% | 5.58% |
| Return on Assets (ROA) | 1.96% | 1.77% | 1.95% | 2.72% | 2.07% | 2.51% |
| Return on Capital Employed (ROCE) | 3.60% | 3.30% | 3.30% | 4.70% | 3.60% | 4.50% |
| Earnings Yield | 4.03% | 3.19% | 5.15% | 6.54% | 4.40% | 3.12% |
| FCF Yield | -9.33% | -10.49% | -5.95% | -4.63% | -8.68% | -2.78% |
| Dividend Yield | 3.06% | 2.92% | 2.90% | 3.19% | 2.96% | 3.30% |
| Payout Ratio | 75.97% | 89.49% | 53.93% | 49.68% | 68.94% | 108.58% |
| Buyback Yield / Dilution | -1.32% | -2.49% | -0.82% | 0.00% | -1.07% | -7.11% |
| Total Shareholder Return | 1.74% | 0.43% | 2.08% | 3.20% | 1.89% | -3.81% |