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Sempra Energy SRE Sempra Infrastructure — Maximum exposure under guarantor obligations

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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:GuaranteeObligationsMaximumExposure.

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

In exchange for this guarantee, the external lenders pay a guarantee fee that is based on the credit rating of Sempra’s long-term senior unsecured non-credit enhanced debt rating, which guarantee fee Sempra Infrastructure recognizes as interest income as earned. Sempra’s maximum exposure to loss is the bank debt plus any accrued and unpaid interest and related fees, subject to a liability cap of 130% of the bank debt, or $979 million. We measure the Support Agreement at fair value, net of related guarantee fees, on a recurring basis (see Note 9). At June 30, 2026, the fair value of the Support Agreement is $38 million, of which $8 million is included in Other Current Assets and $30 million is included in Other Long-Term Assets on Sempra’s Condensed Consolidated Balance Sheet.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Sempra Energy's sempra infrastructure — maximum exposure under guarantor obligations?
Sempra Energy (SRE) reported sempra infrastructure — maximum exposure under guarantor obligations of $979M in Q2 2026.
How has Sempra Energy's sempra infrastructure — maximum exposure under guarantor obligations changed year-over-year?
Sempra Energy's sempra infrastructure — maximum exposure under guarantor obligations decreased by 0.0% year-over-year, from $979M to $979M.
What is the long-term trend for Sempra Energy's sempra infrastructure — maximum exposure under guarantor obligations?
Over 2 years (2022 to 2025), Sempra Energy's sempra infrastructure — maximum exposure under guarantor obligations has grown at a 0.0% compound annual growth rate (CAGR), from $3.92B to $3.92B.
What does sempra infrastructure — maximum exposure under guarantor obligations mean?
This metric quantifies the total potential financial liability the infrastructure segment could face if it is required to fulfill its guarantor obligations. It represents the upper limit of risk associated with guarantees provided to subsidiaries or partners. This is a critical measure of contingent liability and financial risk exposure.

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