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Sempra Energy SRE Deferred Credits

Deferred Credits at other companies

Southern Company logo
Southern CompanySO
$34.65B
Chesapeake Utilities Corporation logo
Chesapeake Utilities CorporationCPK
$565.2M+7.9%

Other financials

Income statement

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Revenue$3.4B-6.9%
Net income$1.2B+25.1%
EPS (diluted)$1.58+13.7%

Balance sheet

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Cash & equivalents$794.0M-54.9%
Total debt$5.0B+45.5%
Total equity$32.2B+1.9%
Total assets$113.52B+14.7%

Cash flow

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Operating cash flow$1.8B+22.1%
CapEx$2.5B+5.4%
Free cash flow-$652.0M+23.7%

Valuation

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Market cap$61.08B+26.5%
Enterprise value$65.27B+30.6%
P/E26.5×+12.9×
P/S4.5×+0.9×

Profitability

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Net margin17.1%-9.6pp
FCF margin-43.5%+30.1pp

Returns & leverage

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Return on equity7.2%-4.4pp
Debt / equity0.2×0.0×
Current ratio1.7×+1.1×

Where this comes from

Reported directly by Sempra Energy in its filing.

Tagged under the XBRL concept us-gaap:DeferredCreditsAndOtherLiabilities.

The official record: Sempra Energy’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sempra Energy's deferred credits?
Sempra Energy (SRE) reported deferred credits of $2.82B in Q1 2026.
How has Sempra Energy's deferred credits changed year-over-year?
Sempra Energy's deferred credits increased by 4.4% year-over-year, from $2.7B to $2.82B.
What is the long-term trend for Sempra Energy's deferred credits?
Over 5 years (2020 to 2025), Sempra Energy's deferred credits has grown at a 5.8% compound annual growth rate (CAGR), from $2.12B to $2.81B.
What does deferred credits mean?
This represents liabilities arising from income or revenue received in advance of the period in which it is earned, or other regulatory credits that will be recognized in future periods. In a regulated utility context, these often include regulatory liabilities that will be returned to customers through future rate adjustments. It serves as a mechanism to smooth earnings and manage regulatory compliance.