Sempra Energy (SRE)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 4,782,000 | 5,221,000 | 5,687,000 | 6,150,000 | 3,662,000 | 4,308,000 | 2,480,000 | 1,957,000 | 1,686,000 | 953,000 | 2,288,000 | 2,327,000 | 2,277,000 | 2,547,000 | 2,939,000 | 2,841,000 | 2,918,000 | 3,685,000 | 3,932,000 | 4,265,000 |
| 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 |
| Operating profit margin | 28.60% | 31.29% | 33.52% | 35.80% | 25.36% | 29.05% | 17.44% | 14.58% | 13.11% | 7.82% | 19.37% | 20.06% | 20.03% | 22.86% | 26.11% | 25.92% | 26.95% | 34.40% | 37.38% | 40.76% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $4,782,000K ÷ $16,720,000K
= 28.60%
Based on the provided data reflecting Sempra's operating profit margin over the past eight quarters, we observe fluctuations in the company's profitability metric. In Q4 2023, Sempra's operating profit margin reached 22.22%, exhibiting an increase from the previous quarter. This upward trend follows a similar progression seen in Q3 2023, where a margin of 20.37% was recorded.
Comparing the latest performance with historical data, there has been a general upward trajectory in operating profit margin since Q1 2022, where the margin was at 17.71%. The trend indicates a positive direction in the company's operational efficiency and cost management strategies.
It is noteworthy that Sempra has maintained a consistent level of operating profit margin above 19% for the past six quarters, showcasing the company's ability to generate profits from its core business operations. Despite minor fluctuations on a quarterly basis, the overall trend demonstrates a stable and lucrative operational performance by Sempra.
Peer comparison
Dec 31, 2023