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Sempra Energy SRE Sempra Infrastructure — Equity earnings

Other segment segments

Sempra Texas Utilities
$348M+65.7%

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WECNon-Utility Energy Infrastructure — Earnings (losses) from equity method investments
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STWDInfrastructure Lending Segment — Earnings (loss) from unconsolidated entities
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CVXDownstream — Equity in Earnings
$202.5M-20.7%

Other financials

Income statement

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Revenue$3.0B+11.0%
Net income$942.0M+81.5%
EPS (diluted)$1.21+70.4%

Balance sheet

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Cash & equivalents$48.0M-73.8%
Total debt$35.9B+898%
Total equity$32.7B+3.1%
Total assets$115.28B+15.4%

Cash flow

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Operating cash flow$1.3B+66.8%
CapEx$2.2B-3.4%
Free cash flow-$918.0M+39.6%

Valuation

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Market cap$54.85B+3.9%
Enterprise value$90.65B+61.3%
P/E20.1×+3.6×
P/S-0.1×

Profitability

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Net margin19.8%-4.8pp
FCF margin-38.1%+5.5pp

Returns & leverage

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Return on equity8.5%-1.9pp
Debt / equity1.1×+1.0×
Current ratio1.6×+1.2×

Where this comes from

Reported directly by Sempra Energy in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromEquityMethodInvestments.

The source filing: Sempra Energy’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:16 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0001032208-26-000045
SEGMENT INFORMATION (CONTINUED) / (Dollars in millions)Sempra CaliforniaSempra Texas Utilities(1)Sempra InfrastructureSempra
Interest income526
Interest expense(2)(256)(10)
Income tax expense(39)(157)
Equity earnings$348199
Earnings attributable to noncontrolling interests(141)
Earnings attributable to contingently redeemable noncontrolling interest(4)
Other segment items(3)(322)(2)37
Segment earnings attributable to common shares$297$346$230$873

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Sempra Energy's sempra infrastructure — equity earnings?
Sempra Energy (SRE) reported sempra infrastructure — equity earnings of $199M in Q2 2026.
How has Sempra Energy's sempra infrastructure — equity earnings changed year-over-year?
Sempra Energy's sempra infrastructure — equity earnings increased by 8.7% year-over-year, from $183M to $199M.
What is the long-term trend for Sempra Energy's sempra infrastructure — equity earnings?
Over 3 years (2022 to 2025), Sempra Energy's sempra infrastructure — equity earnings has grown at a -0.9% compound annual growth rate (CAGR), from $756M to $735M.
What does sempra infrastructure — equity earnings mean?
The segment's share of net income from investments in unconsolidated entities, such as joint ventures or partnerships in infrastructure projects. This metric highlights the value generated from collaborative business models where Sempra Infrastructure does not have full control. It is a key indicator of the success of the segment's strategic partnership strategy.

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