SRE's Growth Comparisons in I. Quarter 2026
Although the Electric Utilities industry saw advancing Revenue by 13.39%, Sempra announced -3.87% year on year sales decline in the first quarter 2026, to $ 3.66 billions, and underperformed the 12.58% Revenue improvement in the Utilities sector. Although both Electric Utilities industry and Utilities sector posted higher gains than 10.9% overall market increase, Sempra was trailing overall market in the first quarter.
Top-line fell by -2.51% from the fourth quarter. Average annual sales growth for Sempra is 3.8%, while S & P 500's average yearly sales increase is 10.59%, including only Businesses with the first quarter 2026 financial results.
| Segment Name |
Y / Y |
Sequential |
| Related Party |
|
-11.11 % |
- |
| SDG E |
|
8.51 % |
- |
| SDG E Related Party |
|
0 % |
- |
| SoCalGas |
|
-16.44 % |
- |
| SoCalGas Related Party |
|
12.2 % |
- |
| Utilities |
|
-7.03 % |
- |
| Utilities SDG E |
|
8.51 % |
- |
| Utilities SoCalGas |
|
-17.41 % |
- |
| Energy-related businesses |
|
-4.04 % |
- |
| Gas |
|
-16.33 % |
- |
| Gas SDG E |
|
-10.58 % |
- |
| Gas SoCalGas |
|
-17.41 % |
- |
| Electric |
|
13.89 % |
- |
| Electric SDG E |
|
14.88 % |
- |
| Sempra California |
|
-5 % |
- |
| Sempra California Utilities |
|
-7.02 % |
- |
| Sempra California Gas |
|
-16.89 % |
- |
| Sempra California Electric |
|
15.03 % |
- |
| Sempra Infrastructure |
|
3.99 % |
- |
| Sempra Infrastructure Utilities |
|
3.85 % |
- |
| Sempra Infrastructure Energy-related businesses |
|
-6.88 % |
- |
| Sempra Infrastructure Gas |
|
-4.93 % |
- |
| Sempra Infrastructure Electric |
|
-6.86 % |
- |
| Consolidating adjustments and Parent and other |
|
200 % |
- |
| Consolidating adjustments and Parent and other Utilities |
|
- |
- |
| Consolidating adjustments and Parent and other Energy-related businesses |
|
- |
- |
| Consolidating adjustments and Parent and other Gas |
|
- |
- |
| Consolidating adjustments and Parent and other Electric |
|
- |
- |
| Accounts receivable trade net |
|
-9.28 % |
- |
| Accounts receivable trade net Community Choice Aggregation |
|
-11.18 % |
- |
| Accounts receivable other net |
|
0 % |
- |
| Assets held for sale |
|
18.18 % |
- |
| Other long-term assets |
|
0 % |
- |
| SDG E Accounts receivable trade net |
|
10.88 % |
- |
| SDG E Accounts receivable trade net Community Choice Aggregation |
|
-11.18 % |
- |
| SDG E Accounts receivable other net |
|
0 % |
- |
| SDG E Due from unconsolidated affiliates current |
|
0 % |
- |
| SDG E Other long-term assets |
|
33.33 % |
- |
| SoCalGas Accounts receivable trade net |
|
-26.3 % |
- |
| SoCalGas Accounts receivable other net |
|
0 % |
- |
| SoCalGas Other long-term assets |
|
-5.56 % |
- |
| San Diego Gas and Electric Company |
|
8.51 % |
- |
| After Reconciling Items And Eliminations |
|
-6.87 % |
- |
| After Reconciling Items And Eliminations Sempra California |
|
-7.12 % |
- |
| After Reconciling Items And Eliminations Sempra Infrastructure |
|
-3.13 % |
- |
| revenues |
|
-4 % |
- |
| revenues Sempra California |
|
-6.7 % |
- |
| revenues Sempra Infrastructure |
|
3.99 % |
- |
| Interrevenues and eliminations |
|
- |
- |
| Interrevenues and eliminations Sempra California |
|
- |
- |
| Interrevenues and eliminations Sempra Infrastructure |
|
- |
- |
| SDG E Reportable Segment |
|
8.51 % |
- |
| SDG E Electric Non-Nuclear Reportable Segment |
|
- |
- |
| SDG E Natural gas Reportable Segment |
|
- |
- |
| SoCalGas Reportable Segment |
|
-16.44 % |
- |
| Total |
|
-3.87 % |
- |
Sempra improved it's EPS by 13.67% from the same quarter a year ago, in the first quarter 2026, and underperformed the 28.19% improvement in the Electric Utilities industry, but beating the 5.03% growth in the Utilities sector. Slow first quarter 2026 income per share, in Electric Utilities industry and Utilities sector, were portrayed in Sempra results which underperformed overall market.
The Company's sequential EPS growth rate was very impressive 192.59% from the fourth quarter. Average yearly income per share growth for Sempra is -15.65%, while S & P 500's average annual income per share growth is 22.96% over the five years, including only Businesses with the first quarter 2026 earnings results.