Sempra (SRE) FY2018 results: revenue $10.1 billion, up 4.8% on the year
Sempra (SRE) reported revenue of $10.1 billion for fiscal 2018, the year ended 31 December 2018, up 4.8% on the year before. Net income was $924 million, up 260.9%, and diluted earnings per share $1.71. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2019.
Revenue
$10.1 billion
+4.8% on the year
FY2011FY2018
Operating margin
n/a
FY2011FY2018
Net income
$924 million
+260.9% on the year
FY2011FY2018
Diluted EPS
$1.71
+238.6% on the year
FY2011FY2018
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Revenue
10,102
9,640
10,183
+4.8%
Interest expense
886
622
553
+42.4%
Pre-tax income
478
1,282
1,830
-62.7%
Income tax
-49.0
938
389
Effective tax rate
-10.3%
73.2%
21.3%
Net income
924
256
1,370
+260.9%
Net margin
9.1%
2.7%
13.5%
Diluted EPS
$1.71
$0.51
$2.73
+238.6%
$ 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
FY2018
FY2017
FY2016
On the year
Last 8 years
Operating cash flow
3,516
3,625
2,311
-3.0%
Capital expenditure
3,544
3,705
4,214
-4.3%
Free cash flow
-28.0
-80.0
-1,903
Free cash flow margin
-0.3%
-0.8%
-18.7%
Cash from investing
-12,470
-4,885
-4,835
Cash from financing
8,850
1,192
2,502
+642.4%
Depreciation and amortisation
1,491
1,436
1,312
+3.8%
Share-based compensation
83.0
82.0
52.0
+1.2%
Buybacks
21.0
15.0
56.0
+40.0%
Dividends paid
877
755
686
+16.2%
Dividend per share
$1.79
$1.65
$1.51
+8.8%
Diluted shares, weighted
540m
505m
502m
+7.0%
Shares outstanding at period end
548m
503m
500m
+8.9%
Balance sheet
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Shareholders' equity
17,138
12,670
12,951
+35.3%
Non-controlling interest
2,110
2,450
2,270
-13.9%
Debt
24,571
19,412
17,121
+26.6%
Other liabilities
16,819
15,922
15,444
+5.6%
Total liabilities and equity
60,638
50,454
47,786
+20.2%
Fixed assets
34,439
36,503
32,931
-5.7%
Goodwill
1,602
2,397
2,364
-33.2%
Intangible assets
224
596
548
-62.4%
Securities held for sale or to maturity
974
n/a
n/a
Cash and equivalents
102
288
349
-64.6%
Receivables
1,215
1,307
1,390
-7.0%
Inventory
258
307
258
-16.0%
Other assets
21,824
9,056
9,946
+141.0%
Total assets
60,638
50,454
47,786
+20.2%
10-K for the year ended 31 December 2018, filed 26 February 2019: the filing.