Sempra Energy (SRE)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,027,000 | 810,000 | 1,425,000 | 1,840,000 | 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 |
| Total assets | US$ in thousands | 96,155,000 | 93,748,000 | 90,473,000 | 89,604,000 | 87,181,000 | 85,735,000 | 82,727,000 | 80,549,000 | 78,574,000 | 75,563,000 | 75,582,000 | 74,922,000 | 72,045,000 | 70,472,000 | 68,608,000 | 67,821,000 | 66,623,000 | 67,222,000 | 68,385,000 | 68,293,000 |
| Operating ROA | 1.07% | 0.86% | 1.58% | 2.05% | 5.49% | 6.09% | 6.87% | 7.64% | 4.66% | 5.70% | 3.28% | 2.61% | 2.34% | 1.35% | 3.33% | 3.43% | 3.42% | 3.79% | 4.30% | 4.16% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,027,000K ÷ $96,155,000K
= 1.07%
Operating return on assets (operating ROA) measures how efficiently Sempra Energy generates earnings from its operating assets. Looking at the data provided, we can observe fluctuations in Sempra Energy's operating ROA over the given quarters.
From March 31, 2020, to March 31, 2022, the operating ROA ranged between 2.61% to 4.30%, indicating relatively stable performance. However, starting from the second quarter of 2022, there was a significant increase in the operating ROA, reaching a peak of 7.64% by March 31, 2023. This sharp rise may suggest improved operational efficiency or better utilization of assets during that period.
Subsequently, the operating ROA experienced a decreasing trend from June 30, 2023, to December 31, 2024, dropping to as low as 0.86% by September 30, 2024. The declining trend may indicate challenges in maintaining profitability or difficulties in generating earnings from operating assets during this period.
Overall, fluctuations in Sempra Energy's operating ROA demonstrate the company's ability to efficiently convert its operating assets into earnings over the quarters, with periods of both growth and decline in operational efficiency. Investors and stakeholders may consider monitoring these trends to assess the company's performance and sustainability in the long run.
Peer comparison
Dec 31, 2024