Sempra Energy (SRE)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 81.32% | 80.22% | 79.45% | 78.94% | 79.19% |
| Operating profit margin | 27.20% | 24.93% | 12.70% | 19.38% | 26.95% |
| Pretax margin | 21.32% | 18.66% | 11.02% | 35.29% | 21.89% |
| Net profit margin | 18.39% | 14.81% | 10.25% | 33.10% | 18.98% |
Sempra's profitability ratios have shown some fluctuations over the past five years. The gross profit margin, which indicates the efficiency of the company's production and pricing strategies, has varied between 68.96% and 79.00%. The trend seems to indicate a slight decline in recent years, with the margin at 72.24% in 2023.
The operating profit margin, reflecting the company's ability to control operating expenses, has ranged from 17.71% to 24.26%. Sempra's operating profit margin has been on an upward trajectory, reaching 22.22% in 2023.
The pretax margin, representing the company's ability to generate profit before taxes, has shown considerable volatility, fluctuating between 12.15% and 24.57%. The margin significantly improved in 2023, reaching 24.57%.
The net profit margin, which indicates the overall profitability after all expenses have been considered, has varied between 9.75% and 33.10%. The margin stood at 18.12% in 2023, displaying a notable increase compared to the previous year.
In summary, Sempra's profitability ratios show a mix of trends, with improvements in operating and net profit margins in 2023 compared to the previous year, indicating potential enhancements in operational efficiency and cost control.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.22% | 4.58% | 2.27% | 3.31% | 4.44% |
| Return on assets (ROA) | 3.53% | 2.72% | 1.83% | 5.65% | 3.13% |
| Return on total capital | 17.00% | 7.26% | 5.67% | 21.79% | 17.30% |
| Return on equity (ROE) | 10.72% | 7.89% | 5.07% | 16.10% | 10.31% |
Sempra's profitability ratios have shown fluctuating trends over the past five years.
- Operating return on assets (Operating ROA) has shown a slight increasing trend from 3.79% in 2020 to 4.26% in 2023, indicating that the company has been able to generate more operating income relative to its total assets over the period.
- Return on assets (ROA) has varied significantly, with a peak of 5.65% in 2020, followed by a dip to 1.74% in 2021, and then a gradual increase to 3.48% in 2023. This suggests that the company's overall profitability in relation to its total assets has been volatile.
- Return on total capital has generally been on an upward trajectory, starting at 7.01% in 2019 and reaching 8.70% in 2023. This indicates an improvement in the company's ability to generate returns for both equity and debt holders.
- Return on equity (ROE) has also shown fluctuations, with a peak of 16.10% in 2020, followed by a decrease to 4.83% in 2021, and then a gradual increase to 10.57% in 2023. This suggests that the company has been able to generate more profits from shareholders' equity in recent years.
Overall, while there have been fluctuations in Sempra's profitability ratios, there is a general trend of improvement in the company's ability to generate returns on assets, total capital, and equity over the past five years.