Sempra Energy (SRE)
Return on total capital
| 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 interest and tax (EBIT) (ttm) | US$ in thousands | 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 | 3,447,000 | 3,821,000 | 3,303,000 | 1,709,000 |
| Long-term debt | US$ in thousands | — | 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 | 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 | 19,929,000 | 18,620,000 | 17,440,000 | 17,346,000 |
| Return on total capital | 17.00% | 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% | 17.30% | 20.52% | 18.94% | 9.85% |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $4,874,000K ÷ ($—K + $28,675,000K)
= 17.00%
The return on total capital for Sempra has shown a relatively stable performance over the last eight quarters, ranging from 7.24% to 8.70%. The company has consistently generated returns on its total invested capital, with the highest return observed in Q4 2023 at 8.70%. This indicates that Sempra is effectively utilizing its total capital to generate profits for its shareholders. However, it is important to note that the return on total capital has fluctuated slightly, with Q1 2022 showing the lowest return at 7.86%. Overall, the return on total capital for Sempra demonstrates a consistent and healthy performance, reflecting the company's ability to generate returns relative to the total amount of capital invested in its operations.
Peer comparison
Dec 31, 2023