Sempra Energy (SRE) financial statements
Sempra Energy reported revenue of $13.7B in fiscal 2025, up 3.4% a year over 9 years.
Net income was $1.8B.
Free cash flow was -$6.0B, and the company returned $1.6B in dividends and $58M in net buybacks.
The diluted share count rose 30% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Sempra Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.2B | $9.6B | $10.1B | $10.8B | $11.4B | $12.9B | $14.4B | $16.7B | $13.2B | $13.7B |
| Interest expense | $553M | $622M | $886M | $1.1B | $1.1B | $1.2B | $1.1B | $1.3B | $1.0B | $1.5B |
| Pre-tax income | $1.8B | $1.2B | $714M | $1.7B | $1.5B | $219M | $1.3B | $2.6B | $2.1B | $1.2B |
| Income tax | $389M | $938M | -$49M | $315M | $249M | $99M | $556M | $490M | $219M | $701M |
| Net income | $1.4B | $256M | $924M | $2.1B | $3.8B | $1.3B | $2.1B | $3.1B | $2.9B | $1.8B |
| EPS (diluted) | $2.73 | $0.51 | $1.71 | $3.65 | $6.44 | $2.01 | $3.31 | $4.79 | $4.42 | $2.75 |
| Diluted shares | 502M | 505M | 540M | 564M | 585M | 626M | 633M | 633M | 638M | 654M |
| Net margin | 13.5% | 2.7% | 9.1% | 19.0% | 33.1% | 10.3% | 14.8% | 18.4% | 21.7% | 13.4% |
Balance sheet
Fiscal years, from Sempra Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $349M | $288M | $102M | $108M | $960M | $559M | $370M | $236M | $1.6B | $29M |
| Receivables | $1.4B | $1.3B | $1.2B | $1.3B | $1.6B | $2.1B | $2.6B | $2.2B | $2.0B | $1.8B |
| Inventory | $258M | $307M | $258M | $277M | $308M | $389M | $403M | $482M | $559M | $561M |
| Total current assets | $3.1B | $3.3B | $3.6B | $3.3B | $4.5B | $4.4B | $5.9B | $5.5B | $5.3B | $34.8B |
| Property, plant and equipment | $32.9B | $36.5B | $34.4B | $36.5B | $40.0B | $43.9B | $47.8B | $55.0B | $61.4B | $49.0B |
| Goodwill | $2.4B | $2.4B | $1.6B | $1.6B | $1.6B | $1.6B | $1.6B | $1.6B | $1.6B | $0 |
| Total assets | $47.8B | $50.5B | $60.6B | $65.7B | $66.6B | $72.0B | $78.6B | $87.2B | $96.2B | $110.9B |
| Total current liabilities | $5.9B | $6.6B | $7.5B | $9.2B | $6.8B | $10.0B | $9.9B | $10.1B | $9.7B | $21.9B |
| Long-term debt | $14.4B | $16.4B | $20.9B | $20.8B | $21.8B | $21.1B | $24.5B | $27.8B | $31.6B | $29.0B |
| Total liabilities | $32.5B | $35.3B | $41.4B | $43.9B | $41.7B | $44.6B | $49.3B | $53.5B | $58.4B | $72.1B |
| Shareholders' equity | $13.0B | $12.7B | $17.1B | $19.9B | $23.4B | $26.0B | $27.1B | $28.7B | $31.2B | $31.6B |
| Net debt | $14.1B | $16.2B | $20.8B | $20.7B | $20.8B | $20.5B | $24.2B | $27.5B | $30.0B | $28.9B |
Cash flow
Fiscal years, from Sempra Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.3B | $3.6B | $3.5B | $3.1B | $2.6B | $3.8B | $1.1B | $6.2B | $4.9B | $4.6B |
| Capital spending | $4.2B | $3.7B | $3.5B | $3.7B | $4.7B | $5.0B | $5.4B | $8.4B | $8.2B | $10.6B |
| Free cash flow | -$1.9B | -$80M | -$28M | -$620M | -$2.1B | -$1.2B | -$4.2B | -$2.2B | -$3.3B | -$6.0B |
| Stock-based compensation | $52M | $82M | $83M | $75M | $71M | $63M | $71M | $80M | $86M | $64M |
| Dividends paid | $686M | $755M | $877M | $993M | $1.2B | $1.3B | $1.4B | $1.5B | $1.5B | $1.6B |
| Share buybacks (net) | -$56M | -$15M | -$21M | -$26M | -$566M | -$339M | -$478M | -$32M | -$43M | -$58M |
| Net borrowing | $894M | $1.7B | $5.6B | $629M | $187M | -$1.7B | $5.5B | $7.7B | $8.7B | $11.3B |
| Free cash flow margin | -18.7% | -0.8% | -0.3% | -5.7% | -18.3% | -9.1% | -29.2% | -13.0% | -25.1% | -44.1% |
| Dividends per share | $1.37 | $1.50 | $1.62 | $1.76 | $2.01 | $2.13 | $2.26 | $2.34 | $2.35 | $2.45 |
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Open SRE in InvestinglyQuestions
What was Sempra Energy's revenue in 2025?
$13.7B in fiscal 2025, from its 10-K filing.
How much free cash flow does Sempra Energy generate?
-$6.0B in fiscal 2025 (operating cash flow minus capital spending).
From Sempra Energy's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.