Sempra (SRE) Financial Ratios
30 years of historical data (1996–2025) · Utilities · Diversified Utilities
EV/EBITDA
↑
16.43
+9% vs avg
5yr avg: 15.07
30Y Low2.9·High17.1
P/FCF
N/A
—
5yr avg: N/A
30Y Low3.4·High154.1
P/B Ratio
↓
1.41
-5% vs avg
5yr avg: 1.49
30Y Low0.6·High2.3
ROE
↓
4.6%
↑-34% vs avg
5yr avg: 7.0%
30Y Low2%·High26%
Debt/EBITDA
↑
6.24
+7% vs avg
5yr avg: 5.83
30Y Low1.8·High7.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
SRE Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Sempra trades at 33.0x earnings, 33% above its 5-year average of 24.8x, sitting at the 93rd percentile of its historical range. Compared to the Utilities sector median P/E of 19.0x, the stock trades at a premium of 74%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $59.3B | $57.6B | $56.0B | $47.3B | $48.9B | $41.4B | $37.2B | $42.7B | $29.2B | $27.0B | $25.3B |
| Enterprise Value | $95.6B | $93.9B | $90.2B | $78.1B | $77.4B | $65.5B | $60.5B | $68.4B | $53.7B | $46.1B | $42.0B |
| P/E Ratio → | 32.98 | 32.11 | 19.85 | 15.61 | 23.35 | 33.02 | 9.89 | 20.79 | 31.60 | 105.86 | 18.45 |
| P/S Ratio | 4.32 | 4.20 | 4.32 | 2.99 | 3.14 | 3.17 | 3.28 | 3.95 | 2.90 | 2.41 | 2.48 |
| P/B Ratio | 1.41 | 1.37 | 1.48 | 1.41 | 1.67 | 1.51 | 1.49 | 1.96 | 1.52 | 1.78 | 1.66 |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | 12.99 | 12.62 | 11.40 | 7.60 | 42.81 | 10.78 | 14.37 | 13.83 | 8.30 | 7.44 | 10.94 |
P/E links to full P/E history page with 30-year chart
SRE EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Sempra's enterprise value stands at 16.4x EBITDA, 9% above its 5-year average of 15.1x. The Utilities sector median is 11.9x, placing the stock at a 38% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 6.85 | 6.96 | 4.94 | 4.98 | 5.01 | 5.33 | 6.33 | 5.33 | 4.12 | 4.12 |
| EV / EBITDA | 16.43 | 16.15 | 17.13 | 14.75 | 13.97 | 13.36 | 13.74 | 15.86 | 16.52 | 12.20 | 14.01 |
| EV / EBIT | 29.38 | 21.81 | 26.44 | 20.09 | 32.29 | 46.62 | 23.63 | 24.37 | 33.54 | 20.90 | 17.75 |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
SRE Profitability
Margins and return-on-capital ratios measuring operating efficiency
Sempra earns an operating margin of 23.7%, above the Utilities sector average of 18.5%. Operating margins have expanded from 19.4% to 23.7% over the past 3 years, signaling improving operational efficiency. ROE of 4.6% is modest, trailing the sector median of 9.3%. ROIC of 3.2% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 29.1% | 29.1% | 27.2% | 23.7% | 26.8% | 27.9% | 28.9% | 30.0% | 22.1% | 24.3% | 20.7% |
| Operating Margin | 23.7% | 23.7% | 21.8% | 19.4% | 22.7% | 23.3% | 24.1% | 25.4% | 17.4% | 20.5% | 16.6% |
| Net Profit Margin | 13.4% | 13.4% | 22.1% | 19.5% | 13.8% | 10.1% | 34.6% | 20.3% | 10.4% | 2.3% | 13.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.6% | 4.6% | 8.0% | 9.8% | 7.5% | 5.0% | 16.8% | 10.7% | 6.1% | 1.7% | 9.9% |
| ROA | 1.8% | 1.8% | 3.1% | 3.7% | 2.8% | 1.9% | 5.9% | 3.5% | 1.9% | 0.5% | 3.1% |
| ROIC | 3.2% | 3.2% | 3.1% | 3.8% | 4.8% | 4.6% | 4.3% | 4.5% | 3.4% | 5.2% | 4.3% |
| ROCE | 3.7% | 3.7% | 3.5% | 4.2% | 5.4% | 5.0% | 4.7% | 5.0% | 3.6% | 5.3% | 4.3% |
SRE Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Sempra carries a Debt/EBITDA ratio of 6.2x, which is highly leveraged (20% above the sector average of 5.2x). Net debt stands at $36.3B ($36.3B total debt minus $2M cash). Interest coverage of just 2.8x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.86 | 0.86 | 0.95 | 0.92 | 0.99 | 0.90 | 0.97 | 1.18 | 1.28 | 1.28 | 1.12 |
| Debt / EBITDA | 6.24 | 6.24 | 6.80 | 5.87 | 5.22 | 5.03 | 5.50 | 5.98 | 7.56 | 5.14 | 5.71 |
| Net Debt / Equity | — | 0.86 | 0.91 | 0.92 | 0.98 | 0.88 | 0.93 | 1.18 | 1.27 | 1.26 | 1.10 |
| Net Debt / EBITDA | 6.24 | 6.24 | 6.51 | 5.82 | 5.15 | 4.91 | 5.28 | 5.96 | 7.53 | 5.06 | 5.59 |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | 2.81 | 2.81 | 2.62 | 3.08 | 2.27 | 1.18 | 2.39 | 2.61 | 1.81 | 3.37 | 4.40 |
SRE Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.59x means Sempra can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 0.54x to 1.59x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.59 | 1.59 | 0.55 | 0.54 | 0.60 | 0.44 | 0.66 | 0.36 | 0.48 | 0.50 | 0.52 |
| Quick Ratio | 1.57 | 1.57 | 0.49 | 0.49 | 0.56 | 0.40 | 0.61 | 0.33 | 0.45 | 0.46 | 0.48 |
| Cash Ratio | 0.00 | 0.00 | 0.16 | 0.02 | 0.04 | 0.06 | 0.14 | 0.01 | 0.01 | 0.04 | 0.06 |
| Asset Turnover | — | 0.12 | 0.13 | 0.18 | 0.20 | 0.18 | 0.17 | 0.16 | 0.17 | 0.22 | 0.21 |
| Inventory Turnover | 17.32 | 17.32 | 16.87 | 25.01 | 28.27 | 24.21 | 26.22 | 27.32 | 30.42 | 27.60 | 31.32 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
SRE Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Sempra returns 4.3% to shareholders annually — split between a 2.7% dividend yield and 1.6% buyback yield. The payout ratio of 87.3% is elevated — while still covered by earnings, there is limited headroom for dividend increases. The earnings yield of 3.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.7% | 2.8% | 2.7% | 3.1% | 2.9% | 3.2% | 3.2% | 2.3% | 3.0% | 2.8% | 2.7% |
| Payout Ratio | 87.3% | 87.3% | 52.4% | 48.2% | 66.9% | 101.0% | 29.8% | 45.2% | 83.5% | 293.8% | 50.0% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.0% | 3.1% | 5.0% | 6.4% | 4.3% | 3.0% | 10.1% | 4.8% | 3.2% | 0.9% | 5.4% |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 1.6% | 1.7% | 0.1% | 0.1% | 1.0% | 0.8% | 1.5% | 0.1% | 0.1% | 0.1% | 0.2% |
| Total Shareholder Yield | 4.3% | 4.4% | 2.8% | 3.2% | 3.9% | 4.0% | 4.7% | 2.4% | 3.1% | 2.9% | 2.9% |
| Shares Outstanding | — | $653M | $638M | $633M | $633M | $626M | $585M | $564M | $540M | $505M | $502M |
Peer Comparison
Compare SRE with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 SREYou | $59B | 33.0 | 16.4 | — | 29.1% | 23.7% | 4.6% | 3.2% | 6.2 |
 NEE | $181B | 26.4 | 17.8 | — | 62.8% | 30.1% | 10.7% | 4.1% | 6.2 |
 DUK | $97B | 19.6 | 12.6 | — | 31.6% | 26.6% | 9.5% | 4.6% | 6.1 |
 SO | $105B | 23.7 | 12.7 | — | 29.8% | 24.6% | 11.5% | 5.3% | 4.9 |
 D | $60B | 19.8 | 16.0 | — | 49.0% | 26.7% | 9.4% | 4.3% | 7.2 |
 EXC | $47B | 16.7 | 11.0 | — | 27.9% | 21.2% | 9.9% | 5.1% | 5.8 |
 AEP | $69B | 19.2 | 13.6 | — | 31.8% | 24.3% | 12.1% | 5.1% | 5.7 |
 XEL | $48B | 22.6 | 14.2 | — | 24.3% | 19.6% | 9.4% | 4.0% | 6.0 |
 PCG | $36B | 14.0 | 9.8 | — | 19.6% | 19.6% | 8.6% | 4.0% | 6.2 |
 ED | $39B | 18.9 | 12.6 | 1088.8 | 62.0% | 17.3% | 8.8% | 4.4% | 5.5 |
 WEC | $37B | 23.2 | 15.3 | — | 50.5% | 24.2% | 11.6% | 5.1% | 5.8 |
| Utilities Median | — | 19.0 | 11.9 | 18.6 | 38.4% | 18.5% | 9.3% | 4.9% | 5.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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SRE — Frequently Asked Questions
Quick answers to the most common questions about buying SRE stock.
What is Sempra's P/E ratio?
Sempra's current P/E ratio is 33.0x. The historical average is 18.7x. This places it at the 93th percentile of its historical range.
What is Sempra's EV/EBITDA?
Sempra's current EV/EBITDA is 16.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.2x.
What is Sempra's ROE?
Sempra's return on equity (ROE) is 4.6%. The historical average is 12.6%.
Is SRE stock overvalued?
Based on historical data, Sempra is trading at a P/E of 33.0x. This is at the 93th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Sempra's dividend yield?
Sempra's current dividend yield is 2.71% with a payout ratio of 87.3%.
What are Sempra's profit margins?
Sempra has 29.1% gross margin and 23.7% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Sempra have?
Sempra's Debt/EBITDA ratio is 6.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.