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SRESempra
$92.95$60.8B
Overview & Verdict
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SRE logoSempra(SRE)Earnings, Financials & Key Ratios

SRE•NYSE•Utilities
$92.95
33.8× P/E·Price updated Jul 6, 2026
SectorUtilitiesIndustryDiversified UtilitiesSub-IndustryRegulated wires and gas networks
AboutSempra operates as an energy-services holding company in the United States and internationally. The company's San Diego Gas & Electric Company segment provides electric services; and supplies natural gas. It offers electric services to approximately 3.6 million population and natural gas services to approximately 3.3 million population that covers 4,100 square miles. Its Southern California Gas Company segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas to a population of approximately 22 million covering an area of 24,000 square miles. The company's Sempra Texas Utilities segment engages in the regulated transmission and distribution of electricity serving 3.8 million homes and businesses, and operation of 140,000 miles of transmission and distribution lines. Its transmission system includes 18,249 circuit miles of transmission lines, a total of 1,174 transmission and distribution substations, and interconnection to 130 third-party generation facilities totaling 45,403 megawatts. The company was formerly known as Sempra Energy and changed its name to Sempra in July 2021. Sempra was founded in 1998 and is headquartered in San Diego, California.Show more
  • Revenue$13.71B+5.8%
  • EBITDA$5.82B+10.4%
  • Net Income$1.84B-35.8%
  • Free Cash Flow-$6.05B-82.8%
  • EBITDA Margin42.42%+4.3%
  • Net Margin13.4%-39.3%
  • ROE4.6%-42.5%
  • Interest Coverage2.81+7.3%
  • Debt/Equity0.86-8.9%

SRE Price & Volume

Sempra (SRE) stock price & volume — 10-year historical chart

Loading chart...

Aggressive Infrastructure Spending Masks Liquidity Volatility Risks

Investment Thesis • Updated 2026Q1

VerdictNeutral: While the company demonstrates a 4.4x OCF-to-dividend coverage ratio
Growth:Mixed
Profitability:Stable
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Aggressive capital intensity

Key Thesis Takeaways

  • Sempra’s long-term growth trajectory is anchored by massive capital investments in Texas transmission and LNG export capacity, which drive a $50.5 billion net PPE base as of 2026Q1.
  • However, the company’s reliance on external financing to bridge persistent free cash flow deficits, such as the $652 million shortfall in 2026Q1, creates a vulnerable liquidity profile.
  • Investors should monitor the potential for stranded asset risks within the SoCalGas segment as California’s electrification mandates evolve, potentially challenging the recoverability of existing infrastructure investments.

Verdict Logic

the aggressive $2.5 billion quarterly capital expenditure cycle and reliance on external debt to fund growth warrant a cautious stance.

SRE Growth Metrics

Sempra (SRE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years3.03%
5 Years3.85%
3 Years-4.11%
TTM3.09%

Profit CAGR

10 Years3.13%
5 Years-14.12%
3 Years-4.95%
TTM-30.23%

EPS CAGR

10 Years0.23%
5 Years-15.65%
3 Years-5.98%
TTM-31.13%

Return on Capital

10 Years4.48%
5 Years4.36%
3 Years3.79%
Last Year3.71%

SRE Recent Earnings

Sempra (SRE) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 1/12 qtrs (8%)
Q2 2026Latest
May 7, 2026
Metric
Actual
Est
EPS
$1.51+0.0%
$1.51
Rev
$3.7B-10.9%
$4.1B
Q1 2026
Feb 26, 2026
Metric
Actual
Est
EPS
$1.28+3.2%
$1.24
Rev
$3.7B-7.4%
$4.0B
Q4 2025
Nov 5, 2025
Metric
Actual
Est
EPS
$1.11+21.8%
$0.91
Rev
$3.2B+8.5%
$2.9B
Q3 2025
Aug 7, 2025
Metric
Actual
Est
EPS
$0.89+5.2%
$0.85
Rev
$3.0B-3.1%
$3.1B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 7, 2026
$1.51vs $1.51+0.0%
$3.7Bvs $4.1B-10.9%
Q1 2026Feb 26, 2026
$1.28vs $1.24+3.2%
$3.7Bvs $4.0B-7.4%
Q4 2025Nov 5, 2025
$1.11vs $0.91+21.8%
$3.2Bvs $2.9B+8.5%
Q3 2025Aug 7, 2025
$0.89vs $0.85+5.2%
$3.0Bvs $3.1B-3.1%
Based on last 12 quarters of dataView full earnings history →

Latest SRE News

Recent stock market news and headlines for Sempra (SRE)

PRNewsWire·Jun 24, 2026
Sempra Named to The Wall Street Journal's "Best Companies for the Future" List

Company Ranks in the Top 10% Among S&P 500 Companies for Leadership in Talent Readiness SAN DIEGO, June 24, 2026 /PRNewswire/ -- Sempra (NYSE: SRE) has been named to The Wall Street Journal's inaugural list of "Best Companies for the Future." The new ranking was published June 7, 2026 following an evaluation of S&P 500 companies based on their anticipated ability to be successful in a rapidly evolving business environment by measuring future readiness.

GlobeNewsWire·Jun 24, 2026
Komodor Autonomous AI SRE Platform Selected by Nebius to Support Reliability Operations

TEL AVIV, Israel and SAN FRANCISCO, June 24, 2026 (GLOBE NEWSWIRE) -- Komodor , the autonomous AI SRE company for cloud-native infrastructure, today announced that Nebius (NASDAQ: NBIS), a leading AI cloud company, has selected Komodor to accelerate Kubernetes troubleshooting across its hyperscale AI cloud environment. Nebius, which is building a full-stack platform for the full AI lifecycle from data and model training to production deployment, required a solution to automate and address reliability and performance challenges in its environment.

Business Wire·Jun 23, 2026
Sagard Real Estate and La Caisse JV Expands Industrial Outdoor Storage Portfolio with Austin, Texas, Acquisition

AUSTIN, Texas--(BUSINESS WIRE)--Sagard Real Estate (SRE), a leading U.S.-based real estate investment advisor and subsidiary of Sagard, a global multi-strategy alternative asset management firm, today announced the acquisition of Chapman 71, a 13-acre industrial outdoor storage (IOS) property in Austin, Texas. The acquisition expands the IOS joint venture between SRE and global investment group La Caisse (formerly CDPQ), to invest in strategically located assets across major high-growth U.S. lo.

Business Wire·Jun 22, 2026
Sagard Real Estate Expands Presence in Atlanta Industrial Market

ATLANTA--(BUSINESS WIRE)--Sagard Real Estate (SRE), a leading U.S.-based real estate investment advisor and subsidiary of Sagard, a global multi-strategy alternative asset management firm, today announced the acquisition of 4455 River Green Parkway, a 231,000-square-foot industrial facility in Duluth, Georgia. Fully leased to OmniMax International, a leading manufacturer and distributor of building products, the acquisition reflects SRE's continued focus on strategically located industrial asse.

PRNewsWire·Jun 22, 2026
SoCalGas Employees Volunteer Across Southern California, Providing 1,100+ Volunteer Hours to Help Families Access Essential Resources

LOS ANGELES, June 22, 2026 /PRNewswire/ -- Southern California Gas Co. (SoCalGas), a subsidiary of Sempra (NYSE: SRE), today announced that employees dedicated more than 1,100 volunteer hours in May—equivalent to over 27 full-time workweeks—through its Glad to be of service® initiative. Spanning 38 cities and nine counties, these efforts strengthened local communities and helped connect families to resources that can reduce everyday costs—including food assistance, clothing and workforce programs.

Peers Comparison

Key metrics vs top competitors for Sempra (SRE)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SRE logoSRESempraCurrent
$92.95$60.76B33.805.83%13.4%4.6%2.64%
NEE logoNEENextEra Energy, Inc.
$87.44$182.34B26.5811%29.3%12.66%—
DUK logoDUKDuke Energy Corporation
$125.97$98.21B19.966.19%15.44%9.6%—
SO logoSOThe Southern Company
$95.99$108.21B24.4910.59%14.46%11.3%—
D logoDDominion Energy, Inc.
$69.26$60.88B20.0814.16%13.48%7.08%—
EXC logoEXCExelon Corporation
$47.05$48.14B17.175.34%11.21%9.76%—

Compare SRE vs Peers

Sempra (SRE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NEE

Most directly comparable listed peer for SRE.

Scale Benchmark

vs GE

Larger-name benchmark to compare SRE against a more recognizable public peer.

Peer Set

Compare Top 5

vs NEE, DUK, SO, D

SRE SEC Filings & Documents

Sempra (SRE) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 15, 2026·SEC

Material company update

May 14, 2026·SEC

Material company update

May 12, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 25, 2025·SEC

10-Q Quarterly Reports

4
FY 2026

May 7, 2026·SEC

FY 2025

Nov 5, 2025·SEC

FY 2025

Aug 7, 2025·SEC

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SRE Frequently Asked Questions

Sempra (SRE) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Sempra's revenue?

Sempra (SRE) reported $13.61B in revenue for fiscal year 2025. This represents a 582% increase from $1.99B in 1996.

How fast is Sempra growing?

Sempra (SRE) grew revenue by 5.8% over the past year. This is steady growth.

Is SRE profitable?

Yes, Sempra (SRE) is profitable, generating $2.07B in net income for fiscal year 2025 (13.4% net margin).

Dividend & Returns
Does SRE pay dividends?

Yes, Sempra (SRE) pays a dividend with a yield of 2.64%. This makes it attractive for income-focused investors.

What is SRE's return on equity?

Sempra (SRE) has a return on equity (ROE) of 4.6%. This is below average, suggesting room for improvement.

What is Sempra's free cash flow?

Sempra (SRE) had negative free cash flow of $9.39B in fiscal year 2025, likely due to heavy capital investments.

Industry Metrics
Is SRE's dividend sustainable?

Sempra (SRE) has a dividend payout ratio of 87%. The dividend is reasonably covered.

What if you invested $1,000 in SRE back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →