Loading...
•
Mar 31
Sempra Q1 2025 Earnings Report
Sempra reported increased earnings and revenue in Q1 2025 compared to the prior year.
Key Takeaways
Sempra delivered strong Q1 2025 results with growth in both GAAP and adjusted earnings, driven by progress in infrastructure investments and solid performance across all business units.
GAAP EPS rose to $1.39, with adjusted EPS at $1.44.
Net income increased to $906 million, up from $801 million in Q1 2024.
Revenue reached $3.8 billion, primarily driven by Sempra California and Sempra Infrastructure.
Strong momentum in infrastructure development, especially LNG and energy storage projects.
Sempra
Sempra
Sempra Revenue by Segment
Sempra Revenue by Geographic Location
Revenue by Segment
Sempra California Revenue
CapyFin.comSempra Texas Revenue
CapyFin.comSempra Infrastructure Revenue
CapyFin.comRevenue by Geographic Location
California Revenue
CapyFin.comTexas Revenue
CapyFin.comMexico Revenue
CapyFin.com Forward Guidance
Sempra reaffirmed its 2025 and 2026 adjusted EPS guidance and remains confident in achieving long-term growth targets.
Positive Outlook
- Full-year 2025 adjusted EPS guidance reaffirmed at $4.30 to $4.70.
- Full-year 2026 EPS guidance range maintained at $4.80 to $5.30.
- High confidence in meeting long-term EPS CAGR of 7% to 9% through 2029.
- Progress on LNG projects expected to be accretive to EPS.
- Asset sales (Ecogas México and SI Partners stake) expected to improve earnings and credit.
Challenges Ahead
- Exposure to foreign currency and inflation risks in Mexico.
- Unrealized losses on derivatives impacted Q1 earnings.
- Pending regulatory approvals for asset sales.
- Cost pressures from infrastructure investments.
- Potential delays in project execution could impact forward earnings.
Revenue & Expenses
Visualization of income flow from segment revenue to net income