Sempra's aggressive CAPEX program, including a $4.7B quarterly spend in 2026Q2, is driving an accelerating rate base trajectory, with total assets up 15% year-over-year to $115.3B. The pivot toward Texas transmission and LNG diversification reduces California ...
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Revenue growth has been flat at -0.1% in 2026Q2 despite rate base expansion, but operating margins remain strong at 27.8%, supported by fuel pass-through mechanisms and earned returns near authorized levels.
Sempra owns 80% of Texas utility Oncor and holds a 25% stake in Sempra Infrastructure, positioning it for sector growth. The company unveiled a record $65 billion capital plan for 2026‑2030, a 17% increase over the prior plan, with a large portion earmarked for Oncor expansion and funded without issuing new common equity.
Oncor’s interconnection queue is expanding rapidly, driven largely by data center deployments. The utility projects an 18% compound annual growth rate for its rate base through 2030, supported by regulatory backing and strategic transmission expansions.
Sempra has increased its dividend for 22 consecutive years, delivering a current yield of approximately 2.64%. Analysts view the dividend payout ratio as sustainable based on projected earnings, reinforcing shareholder value.
Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 6, 2026 | $1.16+14.9% vs $1.01 | $3.0B-4.5% vs $3.1B |
Q2 2026 May 7, 2026 | $1.51+0.0% vs $1.51 | $3.7B-10.9% vs $4.1B |
Q1 2026 Feb 26, 2026 | $1.28+3.2% vs $1.24 | $3.7B-7.4% vs $4.0B |
Q4 2025 Nov 5, 2025 | $1.11+21.8% vs $0.91 | $3.2B+8.5% vs $2.9B |
Bank of America Corp DE purchased a new position in Sempra Energy (NYSE: SRE) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 10,323,114 shares of the utilities provider's stock, valued at approximately $957,056,000. Bank of America Corp DE owned about 1.58%
HOUSTON, Sept. 14, 2026 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), today announced a 20-year sales and purchase agreement (SPA) with Petrobras, under which Sempra Infrastructure will supply approximately 0.8 million tonnes per annum (Mtpa) of liquefied natural gas (LNG).
RFG Advisory LLC bought a new position in Sempra Energy (NYSE: SRE) in the undefined quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 8,358 shares of the utilities provider's stock, valued at approximately $775,000. Other large investors have also added to or reduced their stakes
Ceremony Highlights One of America's Leading Utility Growth Businesses SAN DIEGO, Sept. 8, 2026 /PRNewswire/ -- Sempra (NYSE: SRE) celebrated its next chapter of growth as Chairman and Chief Executive Officer Jeffrey W.
Benchmark SRE against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Sempra (SRE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $79.02 | $51.66B | 28.73 | 5.83% | 13.4% | 4.6% | 3.11% | |
| $77.02 | $160.65B | 23.41 | 11% | 32.04% | 13.99% | — | |
| $114.17 | $89.01B | 18.09 | 6.19% | 15.72% | 9.58% | — | |
| $83.47 | $94.1B | 21.29 | 10.59% | 15.43% | 11.69% | — | |
| $61.15 | $53.78B | 17.72 | 14.16% | 13.93% | 7.71% | — | |
| $40.69 | $41.63B | 14.85 | 5.34% | 10.99% | 9.61% | — |
Sempra (SRE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Sempra (SRE) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 18, 2026·SEC
Aug 6, 2026·SEC
Jul 9, 2026·SEC
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Sempra (SRE) stock FAQ — growth, dividends, profitability & financials explained
Sempra (SRE) reported $13.60B in revenue for fiscal year 2025. This represents a 582% increase from $1.99B in 1996.
Sempra (SRE) grew revenue by 5.8% over the past year. This is steady growth.
Yes, Sempra (SRE) is profitable, generating $2.28B in net income for fiscal year 2025 (13.4% net margin).
Yes, Sempra (SRE) pays a dividend with a yield of 3.11%. This makes it attractive for income-focused investors.
Sempra (SRE) has a return on equity (ROE) of 4.6%. This is below average, suggesting room for improvement.
Sempra (SRE) had negative free cash flow of $9.44B in fiscal year 2025, likely due to heavy capital investments.
Sempra (SRE) has a dividend payout ratio of 87%. The dividend is reasonably covered.
