Sempra Energy Financials

SRE

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Sempra Energy (SRE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 37/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Sempra Energy's revenue grew a modest 3.9% year-over-year to $13.7B. This slow but positive growth earns a score of 40/100.

Leverage

Sempra Energy carries a low D/E ratio of 0.92, meaning only $0.92 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 77/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Sempra Energy's current ratio of 1.59 indicates adequate short-term liquidity, earning a score of 44/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

While Sempra Energy generated $4.6B in operating cash flow, capex of $10.6B consumed most of it, leaving -$6.0B in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Sempra Energy generates a 5.8% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 23/100. This is down from 9.2% the prior year.

Piotroski F-Score Neutral

5/9

Sempra Energy passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

2.49x

For every $1 of reported earnings, Sempra Energy generates $2.49 in operating cash flow ($4.6B OCF vs $1.8B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Revenue

$13.7B

YoY+3.9%

5Y CAGR+3.8%

10Y CAGR+3.0%

Sempra Energy generated $13.7B in revenue in fiscal year 2025. This represents an increase of 3.9% from the prior year.

EBITDA

N/A

Free Cash Flow

-$6.0B

YoY-82.8%

Sempra Energy generated -$6.0B in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 82.8% from the prior year.

Net Income

$1.8B

YoY-35.8%

5Y CAGR-14.9%

10Y CAGR+3.1%

Sempra Energy reported $1.8B in net income in fiscal year 2025. This represents a decrease of 35.8% from the prior year.

EPS (Diluted)

$2.75

YoY-37.8%

5Y CAGR-26.6%

10Y CAGR-6.5%

Sempra Energy earned $2.75 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 37.8% from the prior year.

Cash & Debt

$29.0M

YoY-98.1%

5Y CAGR-50.3%

10Y CAGR-23.1%

Sempra Energy held $29.0M in cash against $29.0B in long-term debt as of fiscal year 2025.

Dividends Per Share

$2.58

YoY+4.0%

5Y CAGR-9.2%

10Y CAGR-0.8%

Sempra Energy paid $2.58 per share in dividends in fiscal year 2025. This represents an increase of 4.0% from the prior year.

Shares Outstanding

653M

YoY+0.3%

5Y CAGR+2.5%

10Y CAGR+10.1%

Sempra Energy had 653M shares outstanding in fiscal year 2025. This represents an increase of 0.3% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

13.4%

YoY-8.3pp

5Y CAGR-22.7pp

10Y CAGR+0.2pp

Sempra Energy's net profit margin was 13.4% in fiscal year 2025, showing the share of revenue converted to profit. This is down 8.3 percentage points from the prior year.

Return on Equity

5.8%

YoY-3.4pp

5Y CAGR-11.8pp

10Y CAGR-5.6pp

Sempra Energy's ROE was 5.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 3.4 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$58.0M

YoY+34.9%

5Y CAGR-36.6%

10Y CAGR-2.4%

Sempra Energy spent $58.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 34.9% from the prior year.

Capital Expenditures

$10.6B

YoY+29.2%

5Y CAGR+17.8%

10Y CAGR+12.9%

Sempra Energy invested $10.6B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 29.2% from the prior year.

SRE Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$13.7B+3.9%	$13.2B-21.1%	$16.7B+15.8%	$14.4B+12.3%	$12.9B+13.1%	$11.4B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$1.5B+46.0%	$1.0B-19.9%	$1.3B+24.2%	$1.1B-12.0%	$1.2B+10.8%	$1.1B
Income Tax	$701.0M+220.1%	$219.0M-55.3%	$490.0M-11.9%	$556.0M+461.6%	$99.0M-60.2%	$249.0M
Net Income	$1.8B-35.8%	$2.9B-6.9%	$3.1B+43.8%	$2.1B+62.3%	$1.3B-67.9%	$4.1B
EPS (Diluted)	$2.75-37.8%	$4.42-7.7%	$4.79+44.7%	$3.31+64.7%	$2.01-84.4%	$12.88

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$4.6B+65.6%	$2.8B+2.1%	$2.7B-26.7%	$3.7B-2.0%	$3.8B+35.4%	$2.8B-7.8%	$3.0B-17.3%	$3.6B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$337.0M-16.4%	$403.0M+12.3%	$359.0M-17.1%	$433.0M+312.4%	$105.0M-68.0%	$328.0M+5.5%	$311.0M+2.0%	$305.0M
Income Tax	-$10.0M-102.1%	$482.0M+180.2%	$172.0M+201.8%	$57.0M-79.8%	$282.0M+368.6%	-$105.0M+19.2%	-$130.0M-175.6%	$172.0M
Net Income	$352.0M+270.5%	$95.0M-79.9%	$473.0M-48.4%	$917.0M+35.7%	$676.0M+4.2%	$649.0M-10.5%	$725.0M-10.7%	$812.0M
EPS (Diluted)	$1.18+883.3%	$0.12-83.1%	$0.71-48.9%	$1.39+561.9%	$0.21-79.0%	$1.00-10.7%	$1.12-11.1%	$1.26

SRE Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$110.9B+15.3%	$96.2B+10.3%	$87.2B+11.0%	$78.6B+9.1%	$72.0B+8.1%	$66.6B
Current Assets	$34.8B+559.2%	$5.3B-3.4%	$5.5B-7.5%	$5.9B+35.1%	$4.4B-3.0%	$4.5B
Cash & Equivalents	$29.0M-98.1%	$1.6B+563.1%	$236.0M-36.2%	$370.0M-33.8%	$559.0M-41.8%	$960.0M
Inventory	$561.0M+0.4%	$559.0M+16.0%	$482.0M+19.6%	$403.0M+3.6%	$389.0M+26.3%	$308.0M
Accounts Receivable	$1.8B-10.9%	$2.0B-7.8%	$2.2B-18.4%	$2.6B+27.2%	$2.1B+31.2%	$1.6B
Goodwill	$0-100.0%	$1.6B0.0%	$1.6B0.0%	$1.6B0.0%	$1.6B0.0%	$1.6B
Total Liabilities	$79.3B+22.1%	$64.9B+11.0%	$58.5B+13.7%	$51.5B+11.7%	$46.1B+6.5%	$43.3B
Current Liabilities	$21.9B+126.3%	$9.7B-4.1%	$10.1B+1.9%	$9.9B-1.4%	$10.0B+46.7%	$6.8B
Long-Term Debt	$29.0B-8.2%	$31.6B+13.7%	$27.8B+13.1%	$24.5B+16.5%	$21.1B-3.3%	$21.8B
Total Equity	$31.6B+1.2%	$31.2B+8.9%	$28.7B+5.8%	$27.1B+4.4%	$26.0B+11.2%	$23.4B
Retained Earnings	$17.1B+0.7%	$17.0B+7.9%	$15.7B+10.8%	$14.2B+4.8%	$13.5B-0.9%	$13.7B

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$110.9B+3.7%	$106.9B+7.0%	$99.9B+0.9%	$99.0B+3.0%	$96.2B+2.6%	$93.7B+3.6%	$90.5B+1.0%	$89.6B
Current Assets	$34.8B+9.8%	$31.7B+661.0%	$4.2B-26.4%	$5.7B+7.2%	$5.3B+3.6%	$5.1B+16.5%	$4.4B-22.4%	$5.6B
Cash & Equivalents	$29.0M+480.0%	$5.0M-96.8%	$155.0M-91.1%	$1.7B+11.1%	$1.6B+179.5%	$560.0M+145.6%	$228.0M-62.4%	$606.0M
Inventory	$561.0M-0.7%	$565.0M-9.6%	$625.0M+10.0%	$568.0M+1.6%	$559.0M+7.7%	$519.0M+11.1%	$467.0M+2.0%	$458.0M
Accounts Receivable	$1.8B+25.4%	$1.4B-12.6%	$1.6B-23.5%	$2.1B+6.3%	$2.0B+15.6%	$1.7B+10.6%	$1.6B-25.2%	$2.1B
Goodwill	$0	$0-100.0%	$1.6B0.0%	$1.6B0.0%	$1.6B0.0%	$1.6B0.0%	$1.6B0.0%	$1.6B
Total Liabilities	$79.3B+4.6%	$75.8B+11.1%	$68.2B+1.3%	$67.4B+3.7%	$64.9B+1.4%	$64.0B+5.0%	$61.0B+0.9%	$60.5B
Current Liabilities	$21.9B+9.5%	$20.0B+132.2%	$8.6B-13.4%	$9.9B+2.7%	$9.7B-1.7%	$9.8B+3.2%	$9.5B+5.3%	$9.1B
Long-Term Debt	$29.0B0.0%	$29.0B-17.0%	$34.9B+5.0%	$33.3B+5.5%	$31.6B+1.9%	$31.0B+6.9%	$29.0B-1.9%	$29.5B
Total Equity	$31.6B+1.4%	$31.2B-1.7%	$31.7B+0.2%	$31.6B+1.3%	$31.2B+5.1%	$29.7B+0.8%	$29.5B+1.2%	$29.1B
Retained Earnings	$17.1B-0.4%	$17.2B-2.0%	$17.5B+0.2%	$17.5B+2.9%	$17.0B+1.6%	$16.7B+1.5%	$16.5B+2.0%	$16.1B

SRE Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$4.6B-7.0%	$4.9B-21.1%	$6.2B+444.5%	$1.1B-70.3%	$3.8B+48.3%	$2.6B
Capital Expenditures	$10.6B+29.2%	$8.2B-2.2%	$8.4B+56.7%	$5.4B+6.8%	$5.0B+7.2%	$4.7B
Free Cash Flow	-$6.0B-82.8%	-$3.3B-51.8%	-$2.2B+48.3%	-$4.2B-259.3%	-$1.2B+43.7%	-$2.1B
Investing Cash Flow	-$12.5B-37.5%	-$9.1B-4.6%	-$8.7B-73.0%	-$5.0B+8.5%	-$5.5B-1096.0%	$553.0M
Financing Cash Flow	$9.9B+83.1%	$5.4B+124.2%	$2.4B-36.0%	$3.8B+199.9%	$1.3B+153.1%	-$2.4B
Dividends Paid	$1.6B+6.9%	$1.5B+1.1%	$1.5B+3.7%	$1.4B+7.4%	$1.3B+13.4%	$1.2B
Share Buybacks	$58.0M+34.9%	$43.0M+34.4%	$32.0M-93.3%	$478.0M+41.0%	$339.0M-40.1%	$566.0M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$1.2B+7.1%	$1.1B+41.6%	$784.0M-47.1%	$1.5B+8.6%	$1.4B+33.6%	$1.0B+52.8%	$669.0M-63.9%	$1.9B
Capital Expenditures	$3.4B+33.2%	$2.6B+11.2%	$2.3B-1.4%	$2.3B-4.7%	$2.5B+26.6%	$1.9B+2.0%	$1.9B-1.9%	$1.9B
Free Cash Flow	-$2.2B-53.1%	-$1.5B+4.5%	-$1.5B-78.0%	-$854.0M+21.3%	-$1.1B-18.8%	-$913.0M+25.7%	-$1.2B-1397.6%	-$82.0M
Investing Cash Flow	-$3.9B-29.3%	-$3.0B-9.5%	-$2.8B+0.3%	-$2.8B+1.3%	-$2.8B-32.6%	-$2.1B-3.3%	-$2.1B+2.2%	-$2.1B
Financing Cash Flow	$3.3B-31.5%	$4.8B+1049.4%	$415.0M-71.9%	$1.5B-37.4%	$2.4B+62.8%	$1.4B+57.7%	$918.0M+31.1%	$700.0M
Dividends Paid	$408.0M0.0%	$408.0M+0.2%	$407.0M+7.1%	$380.0M+0.5%	$378.0M-0.5%	$380.0M+0.3%	$379.0M+4.7%	$362.0M
Share Buybacks	$0	$0-100.0%	$1.0M-98.2%	$57.0M+2750.0%	$2.0M+100.0%	$1.0M	$0-100.0%	$40.0M

SRE Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	13.4%-8.3pp	21.7%+3.3pp	18.4%+3.6pp	14.8%+4.6pp	10.3%-25.9pp	36.1%
Return on Equity	5.8%-3.4pp	9.2%-1.6pp	10.7%+2.8pp	7.9%+2.8pp	5.1%-12.5pp	17.6%
Return on Assets	1.7%-1.3pp	3.0%-0.5pp	3.5%+0.8pp	2.7%+0.9pp	1.8%-4.3pp	6.2%
Current Ratio	1.59+1.0	0.550.0	0.54-0.1	0.60+0.2	0.44-0.2	0.66
Debt-to-Equity	0.92-0.1	1.01+0.0	0.97+0.1	0.91+0.1	0.81-0.1	0.93
FCF Margin	-44.1%-19.0pp	-25.1%-12.1pp	-13.0%+16.2pp	-29.2%-20.1pp	-9.1%+9.2pp	-18.3%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	7.7%+4.3pp	3.5%-14.1pp	17.5%-7.4pp	24.9%+6.9pp	18.0%-5.4pp	23.4%-0.7pp	24.1%+1.8pp	22.3%
Return on Equity	1.1%+0.8pp	0.3%-1.2pp	1.5%-1.4pp	2.9%+0.7pp	2.2%0.0pp	2.2%-0.3pp	2.5%-0.3pp	2.8%
Return on Assets	0.3%+0.2pp	0.1%-0.4pp	0.5%-0.5pp	0.9%+0.2pp	0.7%+0.0pp	0.7%-0.1pp	0.8%-0.1pp	0.9%
Current Ratio	1.590.0	1.59+1.1	0.48-0.1	0.57+0.0	0.55+0.0	0.52+0.1	0.46-0.2	0.62
Debt-to-Equity	0.92-0.0	0.93-0.2	1.10+0.1	1.05+0.0	1.01-0.0	1.04+0.1	0.98-0.0	1.01
FCF Margin	-48.7%+4.0pp	-52.6%+3.6pp	-56.3%-33.1pp	-23.2%+5.7pp	-28.9%+4.0pp	-32.9%+7.9pp	-40.8%-38.5pp	-2.3%

Similar Companies

Brookfield Infrast Partners Lp BIP

$18.2B

$10.1B

$3.9B

$5.3B

$3.3B

Frequently Asked Questions

What is Sempra Energy's annual revenue?

Sempra Energy (SRE) reported $13.7B in total revenue for fiscal year 2025. This represents a 3.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Sempra Energy's revenue growing?

Sempra Energy (SRE) revenue grew by 3.9% year-over-year, from $13.2B to $13.7B in fiscal year 2025.

Is Sempra Energy profitable?

Yes, Sempra Energy (SRE) reported a net income of $1.8B in fiscal year 2025, with a net profit margin of 13.4%.

What is Sempra Energy's earnings per share (EPS)?

Sempra Energy (SRE) reported diluted earnings per share of $2.75 for fiscal year 2025. This represents a -37.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

How much debt does Sempra Energy have?

As of fiscal year 2025, Sempra Energy (SRE) had $29.0M in cash and equivalents against $29.0B in long-term debt.

What is Sempra Energy's net profit margin?

Sempra Energy (SRE) had a net profit margin of 13.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Sempra Energy pay dividends?

Yes, Sempra Energy (SRE) paid $2.58 per share in dividends during fiscal year 2025.

What is Sempra Energy's return on equity (ROE)?

Sempra Energy (SRE) has a return on equity of 5.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Sempra Energy's free cash flow?

Sempra Energy (SRE) generated -$6.0B in free cash flow during fiscal year 2025. This represents a -82.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Sempra Energy's operating cash flow?

Sempra Energy (SRE) generated $4.6B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Sempra Energy's total assets?

Sempra Energy (SRE) had $110.9B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Sempra Energy's capital expenditures?

Sempra Energy (SRE) invested $10.6B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Sempra Energy buy back shares?

Yes, Sempra Energy (SRE) spent $58.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Sempra Energy have outstanding?

Sempra Energy (SRE) had 653M shares outstanding as of fiscal year 2025.

What is Sempra Energy's current ratio?

Sempra Energy (SRE) had a current ratio of 1.59 as of fiscal year 2025, which is generally considered healthy.

What is Sempra Energy's debt-to-equity ratio?

Sempra Energy (SRE) had a debt-to-equity ratio of 0.92 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Sempra Energy's return on assets (ROA)?

Sempra Energy (SRE) had a return on assets of 1.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Sempra Energy's Piotroski F-Score?

Sempra Energy (SRE) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Sempra Energy's earnings high quality?

Sempra Energy (SRE) has an earnings quality ratio of 2.49x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Sempra Energy?

Sempra Energy (SRE) scores 37 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.