Sempra (SRE) Operating Margin (2009 - 2026)
Sempra (SRE) recorded Operating Margin of 23.72% in Q2 2026, up 7.49 percentage points from 16.23% a year earlier but down 2.82 percentage points from the prior quarter.
Sempra (SRE) Operating Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Sempra's Operating Margin came in at 31.33% as of Jun 30, 2026, up 0.17 percentage points year-over-year; for FY2025, it was 50.19%, down 3.74 percentage points from FY2024.
- Annual Operating Margin has a five-year change of +35.81 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 53.92% in FY2024 (+5.77 pp), 48.16% in FY2023 (-6.98 pp), 55.14% in FY2022 (-5.57 pp) and 60.71% in FY2021 (+46.33 pp).
- Quarterly Operating Margin has ranged from -36.18% in Q3 2021 to 58.54% in Q4 2024 over the past five years.
- On a year-over-year basis, Operating Margin rose in six of the last eight quarters, with an average year-over-year change of +1.32 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 50.25 percentage points in Q3 2022, against a drop of 51.80 percentage points in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 26.54% (Q1 2026), 51.56% (Q4 2025) and 20.06% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 172.18 Bn | 170.30 Bn | - | 32.44% |
| 2 | Southern | 106.86 Bn | 97.91 Bn | 5.92 Bn | 25.46% |
| 3 | Duke Energy | 97.23 Bn | 95.83 Bn | 6.74 Bn | 29.69% |
| 4 | National Grid | 85.13 Bn | 57.46 Bn | - | - |
| 5 | American Electric Power | 70.60 Bn | 68.98 Bn | 3.84 Bn | 22.90% |
| 6 | Dominion Energy | 57.38 Bn | 60.06 Bn | - | 7.34% |
| 7 | Sempra | 54.97 Bn | 54.10 Bn | 2.89 Bn | 17.45% |
| 8 | Entergy | 50.09 Bn | 39.27 Bn | - | 24.13% |
| 9 | Xcel Energy | 48.73 Bn | 43.64 Bn | - | 22.64% |
| 10 | Exelon | 45.85 Bn | 41.17 Bn | - | 16.41% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.45% |
| Mar 31, 2026 | 26.54% |
| Sep 30, 2025 | 14.12% |
| Jun 30, 2025 | 16.23% |
| Mar 31, 2025 | 24.12% |
| Sep 30, 2024 | 19.85% |
| Jun 30, 2024 | 17.57% |
| Mar 31, 2024 | 21.62% |
| Dec 31, 2023 | 54.60% |
| Sep 30, 2023 | 17.55% |
| Jun 30, 2023 | 14.66% |
| Mar 31, 2023 | 13.43% |
| Sep 30, 2022 | 14.07% |
| Sep 30, 2021 | -36.18% |
| Jun 30, 2021 | 16.16% |
| Mar 31, 2021 | 25.28% |
| Dec 31, 2020 | 15.42% |
| Sep 30, 2020 | 15.62% |
| Jun 30, 2020 | 23.16% |
| Mar 31, 2020 | 24.86% |
Sempra Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=SRE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "SRE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=SRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();