Sempra (SRE) FY2021 results: revenue $12.9 billion, up 13.1% on the year
Sempra (SRE) reported revenue of $12.9 billion for fiscal 2021, the year ended 31 December 2021, up 13.1% on the year before. Net income was $1.3 billion, down 65.0%, and diluted earnings per share $2.00. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2022.
Revenue
$12.9 billion
+13.1% on the year
FY2014FY2021
Operating margin
n/a
FY2014FY2021
Net income
$1.3 billion
-65.0% on the year
FY2014FY2021
Diluted EPS
$2.00
-68.9% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ 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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
3,842
2,591
3,088
+48.3%
Capital expenditure
5,015
4,676
3,708
+7.2%
Free cash flow
-1,173
-2,085
-620
Free cash flow margin
-9.1%
-18.3%
-5.7%
Cash from investing
-5,508
553
-4,593
Cash from financing
1,260
-2,373
1,475
Depreciation and amortisation
1,855
1,666
1,569
+11.3%
Share-based compensation
63.0
71.0
75.0
-11.3%
Buybacks
339
566
26.0
-40.1%
Dividends paid
1,331
1,174
993
+13.4%
Dividend per share
$2.20
$2.09
$1.94
+5.3%
Diluted shares, weighted
626m
585m
564m
+7.1%
Shares outstanding at period end
634m
577m
583m
+9.9%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
25,981
23,373
19,929
+11.2%
Non-controlling interest
1,438
1,561
1,876
-7.9%
Debt
24,645
24,206
25,816
+1.8%
Operating lease liabilities
470
407
445
+15.5%
Finance lease liabilities
1,292
1,294
1,263
-0.2%
Other liabilities
18,219
15,782
16,336
+15.4%
Total liabilities and equity
72,045
66,623
65,665
+8.1%
Fixed assets
43,894
40,003
36,452
+9.7%
Goodwill
1,602
1,602
1,602
0.0%
Intangible assets
370
202
213
+83.2%
Securities held for sale or to maturity
n/a
n/a
1,082
Cash and equivalents
559
960
108
-41.8%
Receivables
2,071
1,578
1,261
+31.2%
Inventory
389
308
277
+26.3%
Other assets
23,160
21,970
24,670
+5.4%
Total assets
72,045
66,623
65,665
+8.1%
10-K for the year ended 31 December 2021, filed 25 February 2022: the filing.