Sempra Energy (SRE)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,862,000 | 3,075,000 | 2,139,000 | 1,318,000 | 3,764,000 |
| Total stockholders’ equity | US$ in thousands | 31,222,000 | 28,675,000 | 27,115,000 | 25,981,000 | 23,373,000 |
| ROE | 9.17% | 10.72% | 7.89% | 5.07% | 16.10% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $2,862,000K ÷ $31,222,000K
= 9.17%
Sempra Energy's return on equity (ROE) has displayed fluctuating trends over the past five years. As of December 31, 2020, Sempra Energy had an ROE of 16.10%, signifying a strong return relative to its shareholders' equity. However, there was a notable decline in ROE to 5.07% by December 31, 2021, indicating a decrease in profitability and efficiency in generating returns from shareholders' equity.
Subsequently, by December 31, 2022, Sempra Energy's ROE improved to 7.89%, showing some recovery in its profitability metrics. The trend continued upwards, with ROE reaching 10.72% by December 31, 2023, suggesting a further enhancement in the company's ability to generate profits from the equity invested by shareholders.
However, by December 31, 2024, Sempra Energy's ROE slightly decreased to 9.17%, reflecting a minor decline in its profitability performance compared to the previous year. Overall, Sempra Energy has shown varying ROE figures, indicating fluctuations in its efficiency in generating returns on shareholders' equity during the period under review.
Peer comparison
Dec 31, 2024