SEMPRA (SRE) closed fiscal year 2025 with a gross margin of 46.6 % and a net margin of 13.4 %.
SEMPRA (SRE) closed fiscal year 2025 with a gross margin of 46.6 % and a net margin of 13.4 %. The same year shows an EBITDA margin of 38.4 % and an EBIT margin of 19.7 %. The free cash flow margin was -44.1 %. Against the previous year the gross margin moved +0.4 pp and the net margin −8.3 pp. Across the period the gross margin ranges between 36.1 % in 2022 and 46.6 % in 2025. The series covers 18 fiscal years, from 2008 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 36.09 % | 39.59 % | 46.20 % | 46.61 % |
| EBITDA margin (%) | — | — | 16.81 % | 25.60 % | 19.29 % | 22.76 % | 23.04 % | 27.64 % | 29.50 % | 25.78 % | 18.78 % | — | — | — | 30.58 % | 36.86 % | 42.44 % | 38.42 % |
| EBIT margin (%) | — | — | 7.19 % | 15.87 % | 7.99 % | 12.22 % | 12.57 % | 15.42 % | 16.62 % | 10.88 % | 4.02 % | — | — | — | 16.60 % | 23.54 % | 23.96 % | 19.71 % |
| Net margin (%) | — | — | 7.99 % | 13.34 % | 8.97 % | 9.48 % | 10.53 % | 13.20 % | 13.46 % | 2.67 % | 10.39 % | 20.30 % | 34.59 % | 10.25 % | 14.81 % | 18.39 % | 21.71 % | 13.41 % |
| FCF margin (%) | — | — | 1.02 % | -9.73 % | -9.72 % | -7.46 % | -8.72 % | -2.52 % | -18.69 % | -0.83 % | -0.28 % | -5.73 % | -18.34 % | -9.12 % | -29.19 % | -13.03 % | -25.09 % | -44.13 % |
