Sempra (SRE) FY2017 results: revenue $9.6 billion, down 5.3% on the year
Sempra (SRE) reported revenue of $9.6 billion for fiscal 2017, the year ended 31 December 2017, down 5.3% on the year before. Net income was $256 million, down 81.3%, and diluted earnings per share $0.51. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2018.
Revenue
$9.6 billion
-5.3% on the year
FY2010FY2017
Operating margin
n/a
FY2010FY2017
Net income
$256 million
-81.3% on the year
FY2010FY2017
Diluted EPS
$0.51
-81.5% on the year
FY2010FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
9,640
10,183
10,231
-5.3%
Interest expense
622
553
561
+12.5%
Pre-tax income
1,282
1,830
1,704
-29.9%
Income tax
938
389
341
+141.1%
Effective tax rate
73.2%
21.3%
20.0%
Net income
256
1,370
1,349
-81.3%
Net margin
2.7%
13.5%
13.2%
Diluted EPS
$0.51
$2.73
$2.69
-81.5%
$ 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
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
3,625
2,311
2,898
+56.9%
Capital expenditure
3,705
4,214
3,156
-12.1%
Free cash flow
-80.0
-1,903
-258
Free cash flow margin
-0.8%
-18.7%
-2.5%
Cash from investing
-4,885
-4,835
-2,868
Cash from financing
1,192
2,502
-176
-52.4%
Depreciation and amortisation
1,436
1,312
1,250
+9.5%
Share-based compensation
82.0
52.0
48.0
+57.7%
Buybacks
15.0
56.0
74.0
-73.2%
Dividends paid
755
686
628
+10.1%
Dividend per share
$1.65
$1.51
$1.40
+8.9%
Diluted shares, weighted
505m
502m
502m
+0.5%
Shares outstanding at period end
503m
500m
497m
+0.5%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
12,670
12,951
11,809
-2.2%
Non-controlling interest
2,450
2,270
750
+7.9%
Debt
19,412
17,121
14,663
+13.4%
Other liabilities
15,922
15,444
13,928
+3.1%
Total liabilities and equity
50,454
47,786
41,150
+5.6%
Fixed assets
36,503
32,931
28,039
+10.8%
Goodwill
2,397
2,364
819
+1.4%
Intangible assets
596
548
404
+8.8%
Cash and equivalents
288
349
403
-17.5%
Receivables
1,307
1,390
1,283
-6.0%
Inventory
307
258
298
+19.0%
Other assets
9,056
9,946
9,904
-8.9%
Total assets
50,454
47,786
41,150
+5.6%
10-K for the year ended 31 December 2017, filed 27 February 2018: the filing.