(SRE) Sempra Energy - Overview
Stock: Electricity, Natural Gas, Transmission, Distribution, Infrastructure
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 3.22% |
| Yield on Cost 5y | 4.84% |
| Yield CAGR 5y | -12.49% |
| Payout Consistency | 95.5% |
| Payout Ratio | 52.2% |
| Risk 5d forecast | |
|---|---|
| Volatility | 22.0% |
| Relative Tail Risk | -3.18% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.28 |
| Alpha | -2.53 |
| Character TTM | |
|---|---|
| Beta | 0.658 |
| Beta Downside | 0.658 |
| Drawdowns 3y | |
|---|---|
| Max DD | 31.62% |
| CAGR/Max DD | 0.23 |
Description: SRE Sempra Energy January 29, 2026
Sempra (NYSE:SRE) operates three regulated segments: Sempra California (natural-gas and electric service to ~3.6 M electric and ~3.3 M gas customers across 4,100 sq mi), Sempra Texas Utilities (electric transmission of 18,324 circuit miles, 1,288 substations and interconnection to 192 third-party generators totaling 58.6 GW, plus a 126,000-mile distribution network serving ~4 M delivery points), and Sempra Infrastructure (development and investment in clean-energy assets across the U.S., Mexico and other markets). The company rebranded from Sempra Energy to Sempra in May 2023 and remains headquartered in San Diego.
According to the FY 2025 earnings release (filed March 2026), Sempra generated $15.2 billion of revenue, with adjusted EBITDA of $5.1 billion (EBITDA margin ≈ 33.5%). Capital expenditures were $2.3 billion, of which $1.4 billion went to regulated utility upgrades and $0.9 billion to infrastructure projects. The balance sheet showed total debt of $30.8 billion and a debt-to-EBITDA ratio of 6.0×, reflecting the capital-intensive nature of regulated utility assets. The regulated return on equity (ROE) for the California and Texas segments averaged 9.2% in 2025, in line with typical utility benchmarks.
Key economic drivers include: (1) California’s aggressive renewable-energy targets (30% by 2030, 100% clean electricity by 2045) that boost demand for gas-to-electric conversion and storage; (2) Texas’s high-capacity-factor wind and solar growth, which increases utilization of Sempra’s transmission interconnections and creates ancillary-service revenue; and (3) a modest rise in natural-gas demand driven by LNG export terminal expansions in the Gulf of Mexico, supporting Sempra’s gas distribution volumes. A sector-wide risk is the potential for higher interest rates to raise the cost of financing new infrastructure, which could pressure earnings if rate-base growth slows.
For a deeper, data-driven valuation of Sempra’s regulated assets and growth outlook, you may find the analytical tools on ValueRay worth exploring.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income: 2.16b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.05 > 0.02 and ΔFCF/TA -0.90 > 1.0 |
| NWC/Revenue: 85.46% < 20% (prev -37.76%; Δ 123.2% < -1%) |
| CFO/TA 0.04 > 3% & CFO 4.74b > Net Income 2.16b |
| Net Debt (33.59b) to EBITDA (6.56b): 5.12 < 3 |
| Current Ratio: 1.59 > 1.5 & < 3 |
| Outstanding Shares: last quarter (652.9m) vs 12m ago 2.33% < -2% |
| Gross Margin: 28.96% > 18% (prev 0.25%; Δ 2872 % > 0.5%) |
| Asset Turnover: 13.69% > 50% (prev 13.40%; Δ 0.29% > 0%) |
| Interest Coverage Ratio: 2.65 > 6 (EBITDA TTM 6.56b / Interest Expense TTM 1.50b) |
Altman Z'' 2.00
| A: 0.11 (Total Current Assets 31.73b - Total Current Liabilities 19.99b) / Total Assets 106.92b |
| B: 0.16 (Retained Earnings 17.16b / Total Assets 106.92b) |
| C: 0.04 (EBIT TTM 3.98b / Avg Total Assets 100.33b) |
| D: 0.47 (Book Value of Equity 31.15b / Total Liabilities 66.70b) |
| Altman-Z'' Score: 2.00 = BBB |
Beneish M -3.51
| DSRI: 0.67 (Receivables 1.69b/2.30b, Revenue 13.73b/12.56b) |
| GMI: 0.85 (GM 28.96% / 24.69%) |
| AQI: 0.79 (AQ_t 0.24 / AQ_t-1 0.30) |
| SGI: 1.09 (Revenue 13.73b / 12.56b) |
| TATA: -0.02 (NI 2.16b - CFO 4.74b) / TA 106.92b) |
| Beneish M-Score: -3.51 (Cap -4..+1) = AAA |
What is the price of SRE shares?
Over the past week, the price has changed by +1.25%, over one month by -2.33%, over three months by -5.19% and over the past year by +7.89%.
Is SRE a buy, sell or hold?
- StrongBuy: 6
- Buy: 2
- Hold: 10
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the SRE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 99.5 | 14.3% |
| Analysts Target Price | 99.5 | 14.3% |
| ValueRay Target Price | 90 | 3.4% |
SRE Fundamental Data Overview January 28, 2026
P/E Forward = 16.9492
P/S = 4.1272
P/B = 1.8165
P/EG = 1.8634
Revenue TTM = 13.73b USD
EBIT TTM = 3.98b USD
EBITDA TTM = 6.56b USD
Long Term Debt = 28.98b USD (from longTermDebt, last quarter)
Short Term Debt = 4.61b USD (from shortTermDebt, last quarter)
Debt = 33.59b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 33.59b USD (from netDebt column, last quarter)
Enterprise Value = 90.18b USD (56.59b + Debt 33.59b - CCE 5.00m)
Interest Coverage Ratio = 2.65 (Ebit TTM 3.98b / Interest Expense TTM 1.50b)
EV/FCF = -18.37x (Enterprise Value 90.18b / FCF TTM -4.91b)
FCF Yield = -5.44% (FCF TTM -4.91b / Enterprise Value 90.18b)
FCF Margin = -35.75% (FCF TTM -4.91b / Revenue TTM 13.73b)
Net Margin = 15.73% (Net Income TTM 2.16b / Revenue TTM 13.73b)
Gross Margin = 28.96% ((Revenue TTM 13.73b - Cost of Revenue TTM 9.76b) / Revenue TTM)
Gross Margin QoQ = 25.79% (prev 24.97%)
Tobins Q-Ratio = 0.84 (Enterprise Value 90.18b / Total Assets 106.92b)
Interest Expense / Debt = 1.20% (Interest Expense 403.0m / Debt 33.59b)
Taxrate = 5.89% (219.0m / 3.72b)
NOPAT = 3.74b (EBIT 3.98b * (1 - 5.89%))
Current Ratio = 1.59 (Total Current Assets 31.73b / Total Current Liabilities 19.99b)
Debt / Equity = 1.08 (Debt 33.59b / totalStockholderEquity, last quarter 31.17b)
Debt / EBITDA = 5.12 (Net Debt 33.59b / EBITDA 6.56b)
Debt / FCF = -6.84 (negative FCF - burning cash) (Net Debt 33.59b / FCF TTM -4.91b)
Total Stockholder Equity = 31.45b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.15% (Net Income 2.16b / Total Assets 106.92b)
RoE = 6.87% (Net Income TTM 2.16b / Total Stockholder Equity 31.45b)
RoCE = 6.58% (EBIT 3.98b / Capital Employed (Equity 31.45b + L.T.Debt 28.98b))
RoIC = 5.59% (NOPAT 3.74b / Invested Capital 66.98b)
WACC = 5.65% (E(56.59b)/V(90.18b) * Re(8.34%) + D(33.59b)/V(90.18b) * Rd(1.20%) * (1-Tc(0.06)))
Discount Rate = 8.34% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.47%
Fair Price DCF = unknown (Cash Flow -4.91b)
EPS Correlation: -79.74 | EPS CAGR: -56.11% | SUE: -4.0 | # QB: 0
Revenue Correlation: -42.04 | Revenue CAGR: -4.90% | SUE: 0.24 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.47 | Chg30d=+0.006 | Revisions Net=+0 | Analysts=10
EPS next Year (2026-12-31): EPS=5.09 | Chg30d=-0.000 | Revisions Net=+1 | Growth EPS=+11.3% | Growth Revenue=+5.1%