Sempra Energy (SRE)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 920,000 | 4,548,000 | 3,599,000 | 1,633,000 | 2,203,000 |
| Revenue | US$ in thousands | 13,185,000 | 16,720,000 | 14,439,000 | 12,857,000 | 11,370,000 |
| Operating profit margin | 6.98% | 27.20% | 24.93% | 12.70% | 19.38% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $920,000K ÷ $13,185,000K
= 6.98%
The operating profit margin of Sempra Energy has shown fluctuations over the past five years.
- As of December 31, 2020, the operating profit margin stood at 19.38%, indicating that the company generated 19.38 cents of operating profit for every dollar of revenue.
- By December 31, 2021, the operating profit margin declined to 12.70%, suggesting a decrease in operating efficiency or an increase in operating expenses relative to revenue.
- However, the operating profit margin increased significantly by December 31, 2022, reaching 24.93%, which may be attributed to improved cost management or revenue growth.
- The trend continued upwards, with the operating profit margin reaching 27.20% by December 31, 2023, indicating strong profitability and operational performance.
- In contrast, by December 31, 2024, the operating profit margin dropped to 6.98%, signaling a substantial decline in profitability potentially due to increased expenses or lower revenue generation.
Overall, the operating profit margin of Sempra Energy has varied significantly over the years, reflecting changes in operational efficiency and financial performance. It is important for the company to analyze the factors contributing to these fluctuations to sustain and improve its profitability in the future.
Peer comparison
Dec 31, 2024