Sempra (SRE) 10-K Summary — Year Ended Dec 31, 2023
Sempra reported its annual financial results with revenue growth and positive net income and operating cash flow. The filing discusses business operations, risk factors, and management's analysis.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
Sempra reported its annual financial results with revenue growth and positive net income and operating cash flow. The filing discusses business operations, risk factors, and management's analysis.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$14.8B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$3.1B
Net income reported for the year.
Operating cash flow
$6.2B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $11.7B | n/a |
| Dec 31, 2022 | $13.7B | +17.5% |
| Dec 31, 2023 | $14.8B | +8.2% |
Business overview
The company's business is described in Item 1 of the filing. This section covers the nature of its operations and market segments.
Financial performance
Revenue increased over the recent years. The company reported net income and strong operating cash flow for the period.
Material risks
The filing identifies material risk factors in Item 1A. These include potential challenges that could affect the company's operations and financial condition.
Liquidity and capital
The Management's Discussion and Analysis includes a section on capital resources and liquidity, outlining the company's funding and investment activities.
What to watch
Readers should monitor the company's revenue trend in the next filing to assess continued growth.