Sempra (SRE) FY2016 results: revenue $10.2 billion, down 0.5% on the year
Sempra (SRE) reported revenue of $10.2 billion for fiscal 2016, the year ended 31 December 2016, down 0.5% on the year before. Net income was $1.4 billion, up 1.6%, and diluted earnings per share $2.73. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2017.
Revenue
$10.2 billion
-0.5% on the year
FY2009FY2016
Operating margin
n/a
FY2009FY2016
Net income
$1.4 billion
+1.6% on the year
FY2009FY2016
Diluted EPS
$2.73
+1.7% on the year
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
10,183
10,231
11,035
-0.5%
Interest expense
553
561
554
-1.4%
Pre-tax income
1,830
1,704
1,524
+7.4%
Income tax
389
341
300
+14.1%
Effective tax rate
21.3%
20.0%
19.7%
Net income
1,370
1,349
1,161
+1.6%
Net margin
13.5%
13.2%
10.5%
Diluted EPS
$2.73
$2.69
$2.31
+1.7%
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
2,311
2,898
2,161
-20.3%
Capital expenditure
4,214
3,156
3,123
+33.5%
Free cash flow
-1,903
-258
-962
Free cash flow margin
-18.7%
-2.5%
-8.7%
Cash from investing
-4,835
-2,868
-3,342
Cash from financing
2,502
-176
854
Depreciation and amortisation
1,312
1,250
1,156
+5.0%
Share-based compensation
52.0
48.0
46.0
+8.3%
Buybacks
56.0
74.0
38.0
-24.3%
Dividends paid
686
628
598
+9.2%
Dividend per share
$1.51
$1.40
$1.32
+7.9%
Diluted shares, weighted
502m
502m
501m
+0.1%
Shares outstanding at period end
500m
497m
493m
+0.7%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
12,951
11,809
11,326
+9.7%
Non-controlling interest
2,270
750
754
+202.7%
Debt
17,121
14,663
14,288
+16.8%
Other liabilities
15,444
13,928
13,283
+10.9%
Total liabilities and equity
47,786
41,150
39,651
+16.1%
Fixed assets
32,931
28,039
25,902
+17.4%
Goodwill
2,364
819
931
+188.6%
Intangible assets
548
404
415
+35.6%
Cash and equivalents
349
403
570
-13.4%
Receivables
1,390
1,283
1,242
+8.3%
Inventory
258
298
396
-13.4%
Other assets
9,946
9,904
10,195
+0.4%
Total assets
47,786
41,150
39,651
+16.1%
10-K for the year ended 31 December 2016, filed 28 February 2017: the filing.