Recent Sempra shows a gross margin of 50.8%, an operating margin of 21.8%, an EBITDA margin of 43.6%, and a net margin of 22.6%. Net margin expanded the most, by 6.8 percentage points, while operating margin contracted the most, by 0.7 percentage points.
SRE margin history
Over the last 3 years, Sempra's margins averaged 45.93% gross, 21.16% operating, 40.88% EBITDA, and 19.33% net. All four current margins are above their three-year averages.
SRE margin expansion
Compared with the same period last year, gross margin expanded by 4.1 percentage points, EBITDA margin by 1.1 percentage points, and net margin by 6.8 percentage points, while operating margin contracted by 0.7 percentage points.
SRE Gross margin
The average gross margin for Sempra was 45.93% during the last 3 years. At present, the current gross margin for Sempra is 50.8%, 4.9 percentage points above its three-year average. The gross margin for Sempra moved between 39.6% in Dec 2023 and 50.8% in Sep 2026.
SRE Operating margin
In the last 3 years, Sempra had an average operating margin of 21.16%. Against its three-year average, Sempra's operating margin is currently 21.8%, 0.6 percentage points above its three-year average. Looking back over the last 3 years, Sempra's operating margin reached 22.8% at its highest point in Jun 2025 and 17.7% at its lowest in Dec 2025.
SRE EBITDA margin
Sempra recorded an average EBITDA margin of 40.88% across the last 3 years. The current EBITDA margin of 43.6% is 2.7 percentage points above its three-year average. During this period, EBITDA margin reached a high of 43.6% in Sep 2026 and a low of 35.7% in Dec 2023.
SRE Net margin
Sempra's net margin averaged 19.33% during the last 3 years. Sempra's current net margin is 22.6% and is 3.3 percentage points above its three-year average. Over the last 3 years, Sempra's net margin peaked at 22.7% in Sep 2024 and reached a low of 13.4% in Dec 2025.
SRE margin group comparison
With a gross margin of 50.8%, SRE is above the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 42.7%, Sempra's gross margin is 19% higher.
SRE margin peer comparison
Frequently asked questions
What is Sempra's gross margin?
The current gross margin for SRE is 50.8% as of Sep 30, 2026.
What is Sempra's operating margin?
The current operating margin for SRE is 21.8% as of Sep 30, 2026.
What is Sempra's EBITDA margin?
As of Sep 30, 2026, SRE has an EBITDA margin of 43.6%.
What is Sempra's net margin?
As of Sep 30, 2026, SRE has a net margin of 22.6%.
What are the average margins of SRE?
Over the last 3 years, Sempra's margins averaged 45.9% gross, 21.2% operating, 40.9% EBITDA, and 19.3% net.
What are the highest historical margins of SRE?
Over this 5-year history, SRE peaked at 50.8% gross in Sep 2026, 22.8% operating in Jun 2025, 43.6% EBITDA in Sep 2026, and 22.7% net in Sep 2024.
What are the lowest historical margins of SRE?
Across the 5-year period, SRE posted its lowest margins at 34.8% gross in Mar 2023, 8.7% operating in Mar 2022, 31.8% EBITDA in Jun 2022, and 7.8% net in Mar 2022.