Sempra (SRE) FY2024 10-K Annual Report
Sempra (SRE) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 25, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.
Sempra FY2024 10-K Analysis
Business Overview
- • Core business model: Energy infrastructure company focusing on regulated utilities and energy services across North America
- • No new products, services, or segments explicitly introduced or emphasized in 2025 filing
Management Discussion & Analysis
- • No revenue or net income figures disclosed; focus on currency and inflation impact
- • Inflationary pressure on SDG&E, SoCalGas and Sempra Texas Utilities increasing costs; partial rate recovery risks noted
Risk Factors
- • Regulatory risk from CPUC and FERC rulings affecting rate base recovery for SDG&E and SoCalGas, with weighted-average rate base rising $2.2B in 2024
- • Macroeconomic exposure to escalation in SONGS nuclear decommissioning costs, with $471M ARO liability increasing $62M per 1% cost escalation rise
Sempra FY2024 Key Financial MetricsXBRL
Revenue
$11.8B
▼ -20.4% YoY
Net Income
$2.9B
▼ -6.9% YoY
Net Margin
24.2%
▲ +351bp YoY
ROE
9.2%
▼ -156bp YoY
Total Assets
$96.2B
▲ +10.3% YoY
EPS (Diluted)
$4.42
▼ -7.7% YoY
Operating Cash Flow
$4.9B
▼ -21.1% YoY
Source: XBRL data from Sempra FY2024 10-K filing on SEC EDGAR. All figures in USD.
Other Sempra Annual Reports
Get deeper insights on Sempra
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.