Sempra Energy (SRE)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 13,597,000 | 13,642,000 | 13,989,000 | 14,247,000 | 11,583,000 | 12,035,000 | 11,477,000 | 10,721,000 | 10,215,000 | 9,624,000 | 9,307,000 | 9,156,000 | 8,971,000 | 8,769,000 | 8,924,000 | 8,664,000 | 8,575,000 | 8,823,000 | 9,023,000 | 9,362,000 |
| Revenue (ttm) | US$ in thousands | 16,720,000 | 16,684,000 | 16,967,000 | 17,179,000 | 14,439,000 | 14,828,000 | 14,224,000 | 13,418,000 | 12,857,000 | 12,184,000 | 11,815,000 | 11,600,000 | 11,370,000 | 11,142,000 | 11,256,000 | 10,960,000 | 10,829,000 | 10,712,000 | 10,519,000 | 10,464,000 |
| Gross profit margin | 81.32% | 81.77% | 82.45% | 82.93% | 80.22% | 81.16% | 80.69% | 79.90% | 79.45% | 78.99% | 78.77% | 78.93% | 78.90% | 78.70% | 79.28% | 79.05% | 79.19% | 82.37% | 85.78% | 89.47% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $13,597,000K ÷ $16,720,000K
= 81.32%
The gross profit margin of Sempra has shown variations over the past eight quarters, ranging from 63.15% to 72.24%. In general, the trend has been fluctuating within a moderate range. Q4 2023 recorded the highest gross profit margin at 72.24%, indicating that the company was able to generate a substantial profit after accounting for direct costs related to production. Conversely, Q1 2023 had the lowest gross profit margin at 63.15%, suggesting that the company faced challenges in maintaining profitability relative to costs during that period. Overall, Sempra's gross profit margin performance reflects a certain level of consistency, albeit with some fluctuations, which could be influenced by various factors such as pricing strategies, input costs, and operational efficiency.
Peer comparison
Dec 31, 2023