# Sempra (SRE) — Stock CV

Sempra is a $53.2B utility company. Revenue grew 1.6% over the last year, it keeps 17¢ of every dollar of sales as profit, and it carries $33.1B of net debt. It trades at 23.3× earnings — around the middle of its own history.

> Sempra serves one of the largest utility customer bases in the United States. It distributes natural gas and electricity in Southern California and owns 80% of Oncor, a transmission and distribution business in Texas.

## Identity

- **Ticker**: SRE
- **Sector**: Utilities
- **Industry**: Gas & Other Services Combined
- **Headquarters**: SAN DIEGO, CA
- **Employees**: 15 938
- **Website**: https://www.sempra.com
- **Market cap**: $53.2B
- **Last price**: $81.34
- **Financial profile**: Strained

## Vitals (TTM)

- **Revenue**: $13.6B
- **Net income**: $2.28B
- **Free cash flow**: -$5.24B
- **Net debt**: $33.1B
- **P/E**: 23.3
- **Revenue growth (YoY)**: 1.6%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 44 |
| Growth | 51 |
| Profitability | 55 |
| Health | 33 |
| Quality | 35 |
| Moat | 37 |

## Qualifications (beginner checklist) — 7 of 11 passed

- [x] Revenue growing — +1.6% YoY
- [x] Profitable — $2.28B TTM
- [ ] Profit growing — -6.0% YoY
- [ ] Generates cash — -$5.24B TTM
- [x] Debt under control — current ratio 1.64
- [x] Established company — $53.2B market cap
- [ ] Not printing shares — +11.9% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [ ] Financially stable — health score 21/100
- [x] Pays a dividend — yield 3.12%
- [x] Valuation not extreme — P/E 23.3

## Experience (career milestones)

- **FY2020** — Best year on record: $3.76B net income
- **2019** — Sempra Energy and Oncor Electric Equipment Delivery Company announced the acquisition of InfraREIT
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Revenue already above $10B: $10.2B in first reported year
- **2007** — The company created the Sempra Energy Foundation (later the Sempra Foundation) as a 501(c)(3) private…
- **1999** — The company acquired two utilities in South America
- **1998** — Sempra Energy (later Sempra), was created through the 1998 merger of Los Angeles–based Pacific Enterprises, the…

## Strengths

- None stand out in the data.

## Watch-outs

- Negative free cash flow (-$5.2B)
- Thin interest coverage (1.9×)

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $12.9B | $1.25B | -$1.17B |
| FY2022 | $14.4B | $2.09B | -$4.21B |
| FY2023 | $16.7B | $3.08B | -$2.18B |
| FY2024 | $13.2B | $2.86B | -$3.31B |
| FY2025 | $13.7B | $1.84B | -$6.05B |

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Source: https://stockcv.com/SRE — derived from company filings; may be delayed or incomplete. Information, not investment advice.