Sempra (SRE) FY2024 results: revenue $13.2 billion, down 21.1% on the year
Sempra (SRE) reported revenue of $13.2 billion for fiscal 2024, the year ended 31 December 2024, down 21.1% on the year before. Net income was $2.9 billion, down 6.9%, and diluted earnings per share $4.42. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2025.
Revenue
$13.2 billion
-21.1% on the year
FY2017FY2024
Operating margin
n/a
FY2017FY2024
Net income
$2.9 billion
-6.9% on the year
FY2017FY2024
Diluted EPS
$4.42
-7.7% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
4,907
6,218
1,142
-21.1%
Capital expenditure
8,215
8,397
5,357
-2.2%
Free cash flow
-3,308
-2,179
-4,215
Free cash flow margin
-25.1%
-13.0%
-29.2%
Cash from investing
-9,118
-8,716
-5,039
Cash from financing
5,424
2,419
3,779
+124.2%
Depreciation and amortisation
2,437
2,227
2,019
+9.4%
Share-based compensation
86.0
80.0
71.0
+7.5%
Buybacks
43.0
32.0
478
+34.4%
Dividends paid
1,499
1,483
1,430
+1.1%
Dividend per share
$2.48
$2.38
$2.29
+4.2%
Diluted shares, weighted
638m
633m
633m
+0.8%
Shares outstanding at period end
651m
631m
629m
+3.0%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
31,222
28,675
27,115
+8.9%
Non-controlling interest
6,566
4,979
2,141
+31.9%
Redeemable equity
0.0
n/a
n/a
Debt
35,848
31,076
28,919
+15.4%
Operating lease liabilities
1,019
599
528
+70.1%
Finance lease liabilities
1,250
1,276
1,286
-2.0%
Other liabilities
20,250
20,576
18,585
-1.6%
Total liabilities and equity
96,155
87,181
78,574
+10.3%
Fixed assets
n/a
n/a
47,782
Goodwill
1,602
1,602
1,602
0.0%
Intangible assets
292
318
344
-8.2%
Cash and equivalents
1,565
236
370
+563.1%
Receivables
1,983
2,151
2,635
-7.8%
Inventory
559
482
403
+16.0%
Other assets
90,154
82,392
25,438
+9.4%
Total assets
96,155
87,181
78,574
+10.3%
10-K for the year ended 31 December 2024, filed 25 February 2025: the filing.