Sempra (SRE) FY2015 results: revenue $10.2 billion, down 7.3% on the year
Sempra (SRE) reported revenue of $10.2 billion for fiscal 2015, the year ended 31 December 2015, down 7.3% on the year before. Net income was $1.3 billion, up 16.2%, and diluted earnings per share $2.69. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2016.
Revenue
$10.2 billion
-7.3% on the year
FY2008FY2015
Operating margin
n/a
FY2008FY2015
Net income
$1.3 billion
+16.2% on the year
FY2008FY2015
Diluted EPS
$2.69
+16.0% on the year
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
10,231
11,035
10,557
-7.3%
Interest expense
561
554
559
+1.3%
Pre-tax income
1,704
1,524
1,430
+11.8%
Income tax
341
300
366
+13.7%
Effective tax rate
20.0%
19.7%
25.6%
Net income
1,349
1,161
1,001
+16.2%
Net margin
13.2%
10.5%
9.5%
Diluted EPS
$2.69
$2.31
$2.00
+16.0%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
2,898
2,161
1,784
+34.1%
Capital expenditure
3,156
3,123
2,572
+1.1%
Free cash flow
-258
-962
-788
Free cash flow margin
-2.5%
-8.7%
-7.5%
Cash from investing
-2,868
-3,342
-1,689
Cash from financing
-176
854
338
Depreciation and amortisation
1,250
1,156
1,113
+8.1%
Share-based compensation
48.0
46.0
38.0
+4.3%
Buybacks
74.0
38.0
45.0
+94.7%
Dividends paid
628
598
606
+5.0%
Dividend per share
$1.40
$1.32
$1.26
+6.1%
Diluted shares, weighted
502m
501m
499m
+0.1%
Shares outstanding at period end
497m
493m
489m
+0.8%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
11,809
11,326
11,008
+4.3%
Non-controlling interest
750
754
822
-0.5%
Debt
14,663
14,288
12,945
+2.6%
Other liabilities
13,928
13,283
12,390
+4.9%
Total liabilities and equity
41,150
39,651
37,165
+3.8%
Fixed assets
28,039
25,902
25,460
+8.3%
Goodwill
819
931
1,024
-12.0%
Intangible assets
404
415
426
-2.7%
Cash and equivalents
403
570
904
-29.3%
Receivables
1,283
1,242
1,308
+3.3%
Inventory
298
396
287
-24.7%
Other assets
9,904
10,195
7,756
-2.9%
Total assets
41,150
39,651
37,165
+3.8%
10-K for the year ended 31 December 2015, filed 26 February 2016: the filing.