Sempra Energy (SRE)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 4,026,000 | 3,958,000 | 4,240,000 | 4,441,000 | 4,874,000 | 4,649,000 | 4,456,000 | 4,271,000 | 3,749,000 | 4,102,000 | 2,583,000 | 2,503,000 | 2,615,000 | 2,300,000 | 3,734,000 | 5,573,000 | 5,094,000 | 5,120,000 | 5,559,000 | 3,537,000 |
| Long-term debt | US$ in thousands | — | 31,224,000 | 29,704,000 | 29,125,000 | 27,716,000 | 27,657,000 | 27,419,000 | 25,386,000 | 24,513,000 | 23,790,000 | 23,924,000 | 23,678,000 | 20,099,000 | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 31,222,000 | 29,703,000 | 29,479,000 | 29,135,000 | 28,675,000 | 28,238,000 | 27,836,000 | 27,667,000 | 27,115,000 | 27,030,000 | 26,841,000 | 26,114,000 | 25,981,000 | 24,554,000 | 25,451,000 | 23,999,000 | 23,373,000 | 23,228,000 | 23,606,000 | 20,117,000 |
| Return on total capital | 12.89% | 6.50% | 7.16% | 7.62% | 8.64% | 8.32% | 8.06% | 8.05% | 7.26% | 8.07% | 5.09% | 5.03% | 5.67% | 9.37% | 14.67% | 23.22% | 21.79% | 22.04% | 23.55% | 17.58% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $4,026,000K ÷ ($—K + $31,222,000K)
= 12.89%
Sempra Energy's return on total capital has shown fluctuations over the periods presented in the data. The return on total capital was relatively high in the first half of 2020, ranging from 17.58% to 23.55%. However, there was a noticeable decline in the return on total capital in the subsequent quarters, reaching a low of 5.03% in March 2022.
Following this low point, there was a gradual increase in the return on total capital, with modest improvements up to September 2023. The return on total capital then stabilized around the 8% range for the next few quarters, indicating a more consistent performance in utilizing capital efficiently.
In December 2024, there was a significant spike in the return on total capital to 12.89%, suggesting a notable improvement in capital efficiency for Sempra Energy. Overall, the data illustrates varying levels of return on total capital for Sempra Energy, with periods of both volatility and stability in capital performance.
Peer comparison
Dec 31, 2024