Sempra (SRE)

Sempra engages in the regulated utilities business in the United States and Mexico. It operates through three segments: Sempra California, Sempra Texas Utilities, and Sempra Infrastructure. It also invests in and operates electric and gas utilities and other energy infrastructure that provides energy services to customers. The Sempra California segment provides natural gas and electric services to Southern California and part of central California. As of December 31, 2025, it offered electric services to approximately 3.6 million population and natural gas services to approximately 3.3 million population that covers 4,100 square miles. This segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas. As of December 31, 2025, it served a population of 21.3 million covering an area of 24,000 square miles. The Sempra Texas Utilities segment engages in the regulated electricity transmission and distribution utility business. As of December 31, 2025, transmission system included approximately 18,418 circuit miles of transmission lines; 1,333 transmission and distribution substations; interconnection to 230 third-party generation facilities totaling 63,670 MW; and distribution system included more than 4.1 million points of delivery and consisted of 127,398 circuit miles of overhead and underground lines. The Sempra Infrastructure segment develops, constructs, operates, and invests in energy infrastructure to help enable the access to cleaner energy in markets in the United States, Mexico, and internationally. The company was formerly known as Sempra Energy and changed its name to Sempra in May 2023. Sempra was incorporated in 1996 and is headquartered in San Diego, California.

Symbol
SRE
Exchange
NYSE
Sector
Utilities
Industry
Utilities - Diversified
Market cap
$52.91B
52 week range
78.74 - 101.04

Valuation

Share price
$79.00 (close of 2026-09-23)
P/E (TTM)
27.45x
Price to book
1.34x
Price to free cash flow
-9.05x
Enterprise value
$88.55B
Book value per share
$60.42

Price performance

PeriodChange
1 day-2.71%
5 days-2.71%
1 month-4.69%
3 months-14.40%
6 months-15.47%
Year to date-10.52%
1 year-8.19%
3 years+10.00%
5 years+22.47%
10 years+43.75%
All time+453.22%

Profitability and growth

Return on equity
4.74%
Return on assets
1.66%
Net margin
14.79%
EBITDA margin
41.08%
Revenue growth
5.08%
Net income growth
-35.81%
Free cash flow growth
-82.80%

Cash flow and balance sheet

Free cash flow yield (TTM)
-11.05%
Current ratio
1.69x
Net debt to EBITDA
6.61x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$12.42B
EBITDA
$5.10B
Net income
$1.84B
Earnings per share
$2.75
Shares outstanding
652.70M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$12.42B$1.84B$2.75
2024-12-31$11.82B$2.86B$4.44
2023-12-31$14.85B$3.08B$4.81
2022-12-31$13.72B$2.14B$3.32
2021-12-31$11.68B$1.32B$2.01
2020-12-31$10.31B$4.11B$6.46
2019-12-31$10.14B$2.36B$3.70
2018-12-31$9.45B$1.13B$1.73
2017-12-31$9.64B$256.00M$0.51
2016-12-31$10.18B$1.37B$2.74

Margins and returns by year

Period endNet marginReturn on equity
2025-12-3114.79%4.74%
2024-12-3124.22%7.57%
2023-12-3120.71%9.14%
2022-12-3115.59%7.31%
2021-12-3111.29%4.81%
2020-12-3139.82%16.46%
2019-12-3123.29%10.83%
2018-12-3111.92%5.85%
2017-12-312.66%1.69%
2016-12-3113.45%8.99%

Cash and debt by year

Period endCashDebt
2025-12-31$29.00M-
2024-12-31$1.56B-
2023-12-31$236.00M-
2022-12-31$370.00M$1.74B
2021-12-31$559.00M$749.00M
2020-12-31$960.00M-
2019-12-31$108.00M-
2018-12-31$102.00M-
2017-12-31$288.00M-
2016-12-31$349.00M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$-6.05B$64.00M
2024-12-31$-3.31B$86.00M
2023-12-31$-2.18B$80.00M
2022-12-31$-4.21B$71.00M
2021-12-31$-1.17B$63.00M
2020-12-31$-2.08B$71.00M
2019-12-31$-620.00M$75.00M
2018-12-31$-28.00M$83.00M
2017-12-31$-80.00M$82.00M
2016-12-31$-1.90B$52.00M

Dividend history

Most recent payment
2026-06-25
Paid in the last twelve months
$2.61
Payment dateDividend per share
2026-06-25$0.66
2026-03-19$0.66
2025-12-11$0.65
2025-10-01$0.65
2025-06-26$0.65
2025-03-20$0.65
2024-12-05$0.62
2024-09-26$0.62

Investor relations

Next earnings report

Next confirmed report
2026-11-04
Consensus EPS estimate
$1.08

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-06Jun/2026$1.01
2026-05-07--
2026-02-26--
2025-11-05--
2025-08-07--
2025-05-08--
2025-02-25--
2024-11-06--

Filings and sources

Company website
sempra.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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