SRE Q1 2024 Earnings — Sempra Revenue & Financial Results | Market Cap Arena

SRESempra

$61B

Q1 2024 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$3.6B-41.8% YoY

Gross Profit

$1.0B28.9% margin

Operating Income

$845M23.7% margin

Net Income

$812M22.8% margin

EPS (Diluted)

$1.26

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

$1.9B

Free Cash Flow

-$82M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$89.6B

Total Liabilities

$54.9B

Stockholders' Equity

$29.2B

Cash & Equivalents

$606M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.6B	$6.1B	-41.8%
Gross Profit	$1.0B	$1.4B	-26.0%
Operating Income	$845M	$1.2B	-29.5%
Net Income	$812M	$980M	-17.1%

Revenue Segments

So Cal Gas Segment

$2.5B67%

Electricity

$1.2B33%