Sempra Energy (SRE)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 3,565,000 | 3,396,000 | 3,233,000 | 3,094,000 | 2,695,000 | 2,884,000 | 1,388,000 | 1,321,000 | 1,417,000 | 1,261,000 | 2,690,000 | 4,513,000 | 4,013,000 | 4,022,000 | 4,446,000 | 2,440,000 | 2,370,000 | 2,794,000 | 2,333,000 | 769,000 |
| 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 |
| Pretax margin | 21.32% | 20.35% | 19.05% | 18.01% | 18.66% | 19.45% | 9.76% | 9.84% | 11.02% | 10.35% | 22.77% | 38.91% | 35.29% | 36.10% | 39.50% | 22.26% | 21.89% | 26.08% | 22.18% | 7.35% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $3,565,000K ÷ $16,720,000K
= 21.32%
The pretax margin of Sempra has shown a positive trend over the past eight quarters, reflecting the company's ability to generate profits before accounting for taxes. The pretax margin ranged from 10.93% to 24.57% during the period analyzed.
In the most recent quarter, Q4 2023, the pretax margin was 24.57%, marking a significant increase compared to the previous quarters. This indicates that Sempra was able to effectively control its operating expenses and improve profitability.
Overall, the upward trend in pretax margin suggests that Sempra has been successful in managing its costs and optimizing its revenue generation. This metric provides insights into the company's operational efficiency and financial performance before tax considerations.
Peer comparison
Dec 31, 2023