Sempra Energy (SRE)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,075,000 | 2,776,000 | 2,540,000 | 2,496,000 | 2,139,000 | 2,305,000 | 1,172,000 | 1,046,000 | 1,318,000 | 1,117,000 | 2,105,000 | 3,899,000 | 3,764,000 | 3,797,000 | 4,259,000 | 2,374,000 | 2,055,000 | 2,472,000 | 1,933,000 | 1,018,000 |
| Total assets | US$ in thousands | 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 | 65,665,000 | 64,585,000 | 62,727,000 | 61,618,000 |
| ROA | 3.53% | 3.24% | 3.07% | 3.10% | 2.72% | 3.05% | 1.55% | 1.40% | 1.83% | 1.59% | 3.07% | 5.75% | 5.65% | 5.65% | 6.23% | 3.48% | 3.13% | 3.83% | 3.08% | 1.65% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $3,075,000K ÷ $87,181,000K
= 3.53%
Sempra's return on assets (ROA) has shown a positive trend over the past eight quarters. The ROA has steadily increased from 2.67% in Q4 2022 to 3.48% in Q4 2023, indicating an improvement in the company's ability to generate profits relative to its total assets. This is a positive sign for investors and stakeholders, as it suggests that Sempra is efficiently utilizing its assets to generate earnings. The consistent increase in ROA reflects a potentially stronger financial performance and management efficiency, which may lead to sustainable growth and shareholder value in the future.
Peer comparison
Dec 31, 2023