Earnings summaries and quarterly performance for SEMPRA.
Executive leadership at SEMPRA.
Jeffrey Martin
Detailed
Chairman, Chief Executive Officer and President
CEO
AR
April Robinson
Detailed
Corporate Secretary
DD
Diana Day
Detailed
Chief Legal Counsel
JB
Justin Bird
Detailed
Executive Vice President
KS
Karen Sedgwick
Detailed
Executive Vice President and Chief Financial Officer
PW
Peter Wall
Detailed
Senior Vice President, Controller and Chief Accounting Officer
Board of directors at SEMPRA.
AC
Andrés Conesa
Detailed
Director
AW
Anya Weaving
Detailed
Director
CW
Cynthia Warner
Detailed
Lead Independent Director
JT
Jack Taylor
Detailed
Director
JY
James Yardley
Detailed
Director
JK
Jennifer Kirk
Detailed
Director
KS
Kevin Sagara
Detailed
Director
MM
Michael Mears
Detailed
Director
PF
Pablo Ferrero
Detailed
Director
RM
Richard Mark
Detailed
Director
Research analysts who have asked questions during SEMPRA earnings calls.
Carly Davenport
Goldman Sachs
8 questions for SRE
Also covers: AEE, AEP, D +14 more
Nicholas Campanella
Barclays
7 questions for SRE
Also covers: AEE, AEP, AES +33 more
DA
David Arcaro
Morgan Stanley
6 questions for SRE
Also covers: AEP, AES, ATO +35 more
Julien Dumoulin-Smith
Jefferies
6 questions for SRE
Also covers: AEE, AEP, AES +60 more
SP
Shahriar Pourreza
Guggenheim Partners
5 questions for SRE
Also covers: AEE, AEP, AVA +29 more
AC
Anthony Crowdell
Mizuho Financial Group
3 questions for SRE
Also covers: AEE, AEP, AES +30 more
Steve Fleishman
Wolfe Research, LLC
3 questions for SRE
Also covers: AEP, CEG, CNP +15 more
Aidan Kelly
JPMorgan Chase & Co.
2 questions for SRE
Also covers: EIX, NWE, PCG
DC
Durgesh Chopra
Evercore ISI
2 questions for SRE
Also covers: AEE, AEP, AES +22 more
Ross Fowler
Bank of America
2 questions for SRE
Also covers: AEP, BKH, D +11 more
SP
Shar Pourreza
Wells Fargo
2 questions for SRE
Also covers: AEP, CNP, DTE +7 more
SK
Sophie Karp
KeyBanc Capital Markets Inc.
2 questions for SRE
Also covers: AEE, AEP, AGR +14 more
Steven Fleishman
Wolfe Research
2 questions for SRE
Also covers: AEP, CEG, CNP +18 more
PF
Paul Fremont
Ladenburg Thalmann
1 question for SRE
Also covers: AEE, CNP, CPK +18 more
Recent press releases and 8-K filings for SRE.
Sempra reports Q4 2025 results and outlines 2026–2030 growth plan
SRE
Earnings
Guidance Update
New Projects/Investments
- Sempra’s Q4 2025 GAAP earnings were $352 million or $0.54 per share, down from $665 million or $1.04 in Q4 2024; full-year 2025 GAAP earnings were $1,796 million or $2.75 per share vs. $2,817 million or $4.42 in 2024. On an adjusted basis, Q4 2025 earnings were $841 million or $1.28, and full-year adjusted earnings were $3,066 million or $4.69 per share.
- The company achieved a record adjusted EPS of $4.69 (top of its guidance range) and invested $13 billion of CapEx in 2025. It unveiled a $65 billion capital plan for 2026–2030 (up 17% vs. last year), with 95% of spending earmarked for utility investments and projected rate base growth from $57 billion to $97 billion (11% CAGR).
- Sempra sold a 45% stake in SI Partners for $10 billion (implied equity value of $22 billion) and agreed to divest Ecogas for approximately $500 million, with both transactions expected to close in Q2 or Q3 2026.
- The company reaffirmed its 2026 adjusted EPS guidance at $4.80–$5.30, introduced 2027 guidance of $5.10–$5.70, and provided a 2030 EPS outlook of $6.70–$7.50.
1 day ago
Sempra reports Q4 2025 earnings and outlines growth plan
SRE
Earnings
Guidance Update
M&A
- Q4 2025 GAAP earnings of $352 million ($0.54 EPS) and full-year GAAP earnings of $1,796 million ($2.75 EPS). On an adjusted basis, Q4 earnings were $841 million ($1.28 EPS) and full-year adjusted EPS reached $4.69, at the high end of guidance.
- Announced a $65 billion capital plan for 2026–2030 (17% increase vs. prior plan), with 95% targeted to utilities and $9 billion of tracked upside opportunities.
- Issued 2026 adjusted EPS guidance of $4.80–$5.30, 2027 guidance of $5.10–$5.70, and 2030 outlook of $6.70–$7.50.
- Advancing portfolio simplification and monetization: sale of a 45% stake in SI Partners for $10 billion (implying $22 billion equity value; expected close Q2/Q3 2026) and sale of Ecogas for ~$500 million.
1 day ago
Sempra reports Q4 2025 earnings and updates 2026–2030 outlook
SRE
Earnings
Guidance Update
New Projects/Investments
- Q4 2025 GAAP earnings of $352 million ($0.54/sh) and full-year GAAP $1.796 billion ($2.75/sh); adjusted Q4 $841 million ($1.28/sh) and adjusted FY $3.066 billion ($4.69/sh).
- $65 billion 2026–2030 capital plan, 95% utility investment, targeting 11% rate base CAGR to $97 billion by 2030; Sempra Texas rate base to grow at 18% CAGR.
- Affirmed 2026 adjusted EPS guidance of $4.80–$5.30, introduced 2027 range $5.10–$5.70 and 2030 EPS outlook $6.70–$7.50.
- Operational milestones: Oncor base rate settlement expected H1 2026; Port Arthur LNG Phase I COD near end-2027.
1 day ago
Sempra reports Q4 and full-year 2025 results
SRE
Earnings
Guidance Update
Dividends
- Q4 GAAP EPS of $0.54 (vs. $1.04 in Q4 2024) and full-year GAAP EPS of $2.75 (vs. $4.42 in FY 2024); Q4 adjusted EPS of $1.28 (vs. $1.50) and FY adjusted EPS of $4.69 (vs. $4.65)
- Invested $13 billion in capital projects, increased regulated rate base from $50 billion to $57 billion, and declared $1.7 billion in common dividends during 2025
- Issued 2026 adjusted EPS guidance of $4.80–$5.30 (≈12% growth off 2025 midpoint) and outlined a $65 billion 2026–2030 capital plan targeting an 11% rate base CAGR
- Plans to fund growth through operating cash flow and capital recycling—eliminating the need for common equity issuance under the base capital plan
1 day ago
Sempra Reports 2025 Financial and Business Results
SRE
Earnings
M&A
Guidance Update
- Sempra posted 2025 GAAP earnings of $1.80 billion ($2.75 per share), down from $2.82 billion ($4.42) in 2024; on an adjusted basis, 2025 earnings were $3.07 billion ($4.69 per share) versus $2.97 billion ($4.65) a year earlier.
- The company lifted its five-year (2026–2030) capital plan to $65 billion, up from $56 billion, with over 95% focused on regulated utility investments and targeting an 11% rate base CAGR.
- Completed strategic transactions in 2025, including the sale of a 45% stake in Sempra Infrastructure Partners to KKR for $10 billion and a definitive agreement to divest Ecogas México for approximately $500 million.
- Affirmed 2026 adjusted EPS guidance of $4.80–$5.30, introduced 2027 guidance of $5.10–$5.70, and issued a 2030 EPS outlook of $6.70–$7.50; declared a quarterly dividend of $0.6575 (annualized $2.63, up from $2.58).
1 day ago
Sempra reports Q3 2025 results and affirms guidance
SRE
Earnings
Guidance Update
M&A
- Sempra reported Q3 2025 adjusted EPS of $1.11 and YTD adjusted EPS of $3.45, while affirming FY 2025 adjusted EPS guidance of $4.30 – $4.70 and FY 2026 guidance of $4.80 – $5.30, targeting a 7 – 9% EPS CAGR for 2025 – 2029.
- The company signed a definitive agreement to sell 45% of SI Partners for $10 billion, with closing expected in Q2 – Q3 2026; the deal is projected to add $0.20 of EPS and raise its regulated mix to 95%.
- Oncor-related activity included $4.5 billion of CapEx YTD and ~16,000 new premises added, with transmission expansion projects totaling $32 – $35 billion, driving a 30%+ increase in the 2026 – 2030 capital plan.
- Sempra has deployed ~$9 billion of its $13 billion 2025 CapEx plan, prioritizing utility investments and improved returns.
Nov 5, 2025, 5:00 PM
Sempra reports Q3 2025 earnings and updates growth initiatives
SRE
Earnings
Guidance Update
New Projects/Investments
- Q3 2025 adjusted EPS of $1.11 vs. $0.89 in the prior year; affirmed full-year 2025 guidance of $4.30–$4.70 and 2026 guidance of $4.80–$5.30.
- Deployed nearly $9 billion of capital through Q3, on track for $13 billion year-end; Oncor’s 2025–2029 base capital plan ($36 billion) will grow by at least 30%, creating a $55–60 billion investment opportunity through 2030.
- Announced sale of 45% stake in Sempra Infrastructure Partners for $10 billion, unlocking $0.20 EPS accretion from 2027, deconsolidating debt, and enhancing regulated earnings mix.
- Advancing LNG projects: Port Arthur Phase I on track for COD in 2027; Phase II reached FID and full EPC notice to proceed; ECA I ~95% complete with first LNG in spring 2026; Cameron ~95% complete with initial turbine synchronization.
- California SB 254 de-risking event splits wildfire fund costs evenly; SDG&E’s share is 4.3% (~$13 million/year through 2045), strengthening utility financial safeguards.
Nov 5, 2025, 5:00 PM
Sempra reports Q3 2025 results
SRE
Earnings
Guidance Update
New Projects/Investments
- Adjusted EPS of $1.11 vs. $0.89 in Q3 2024; affirmed FY 2025 guidance of $4.30–$4.70 and FY 2026 guidance of $4.80–$5.30
- Deployed $9 billion of planned $13 billion in 2025 capital; agreed to sell 45% stake in Sempra Infrastructure for $10 billion (closing mid-2026), unlocking $0.20 EPS accretion annually over 2027–2031
- LNG projects on track: Port Arthur Train 1 COD in 2027; ECA Phase 1 ~95% complete with first LNG in spring 2026; Cameron LNG ~95% complete, COD in H1 2026
- Oncor rate review advancing (UTM interim rates approved, hearing begins Nov 17); 2026–2030 capital plan up >30% on strong growth (LC&I queue +10%, +16 k premises, 660 miles of T&D upgrades)
Nov 5, 2025, 5:00 PM
Sempra reports Q3 2025 results and guidance
SRE
Earnings
Guidance Update
M&A
- Adjusted EPS of $1.11 for Q3 2025, versus $0.89 a year ago; GAAP EPS was $0.12, and the company reaffirmed 2025 guidance of $4.30–$4.70 and 2026 guidance of $4.80–$5.30.
- Deployed ~$9 billion through Q3 toward a $13 billion 2025 capital investment goal, primarily in U.S. utilities, with a strategic focus on Texas.
- Agreed to sell a 45% stake in Sempra Infrastructure Partners for $10 billion, expected to add $0.20 EPS accretion annually from 2027–2031, bolster regulated earnings mix, and strengthen the balance sheet; EcoGas sale process remains on track.
- Oncor’s transmission plan to see a >30% increase to its 2026–2030 capital program (base $36 billion), driven by ERCOT’s $32–$35 billion 765 kV expansion, with Oncor’s share >50%.
- Regulatory updates include Oncor’s interim rate settlement applying final rates back to January 1, 2026, and California SB 254 enhancing wildfire fund stability and claims liquidity.
Nov 5, 2025, 5:00 PM
Sempra reports Q3 2025 results
SRE
Earnings
Guidance Update
M&A
- Q3 GAAP earnings of $77 million ($0.12 per share) versus $638 million ($1.00 per share) in Q3 2024; adjusted earnings of $728 million ($1.11 per share) versus $566 million ($0.89 per share) year-over-year.
- Year-to-date through September 30, GAAP earnings of $1.444 billion ($2.21 per share) compared with $2.152 billion ($3.38 per share) in 2024; adjusted earnings of $2.253 billion ($3.45 per share) versus $1.987 billion ($3.12 per share).
- Announced strategic sale of a 45% stake in Sempra Infrastructure Partners to KKR affiliates, expected to close in Q2–Q3 2026 to advance value-creation initiatives.
- Updated full-year 2025 GAAP EPS guidance to $3.05–$3.45, affirmed adjusted EPS guidance of $4.30–$4.70, and reiterated 2026 EPS guidance of $4.80–$5.30.
Nov 5, 2025, 12:55 PM
Quarterly earnings call transcripts for SEMPRA.
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