Aureus
FRed Flag

DBA Sempra(SRE)

F

Financial data as of Dec 31, 2025Declining · Utilities

FCF Margin-44.1%Free Cash Flow / Revenue
Cash Conversion248.5%Operating CF / Net Income
Free Cash Flow-$6.0B
Revenue$13.7B
Net Cash-$35.0BNet debt position
Debt / FCFN/AElevated debt burden
Current Ratio1.59Adequate short-term liquidity
YoY FCF Growth-104.8%0 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseF
→
-1Negative FCF in 4 of last 4 quarters
→
-1Significant YoY FCF decline (-104.8%)
→
-1Only 0 positive quarters recently
→
FinalF

Analysis Summary

Strengths

  • Excellent cash conversion (249%)

Concerns

  • Negative FCF margin (-44.1%)
  • Net debt position ($35.0B)
  • Only 0 positive FCF quarters recently
  • Significant YoY FCF decline (-104.8%)
Heavy CapEx — Operating cash flow is strong (33% margin) but most is reinvested

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin-44.1%
Net Margin13.4%
Operating CF Margin33.3%
CapEx Ratio77.4%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$35.0BNet debt position
Debt / FCFN/AElevated debt burden
Current Ratio1.59Strong liquidity
Debt / Equity1.11Moderate leverage

Quarterly FCF Trend

-104.8% YoYDeclining (-104.8%)

Free cash flow per quarter

Sector Comparison — Utilities

FCF Margin ranked against sector peers

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Detailed Metrics

Company NameDBA Sempra
SectorUtilities
Free Cash Flow-$6.0B
Revenue$13.7B
Net Income$1.8B
Operating Cash Flow$4.6B
Capital Expenditure$10.6B
FCF Margin-44.1%
Cash Conversion Rate248.5%
Net Margin13.4%
Total Debt$35.0B
Total Cash$29.0M
Net Cash-$35.0B
Current Ratio1.59
Debt / Equity1.11
Debt / FCFN/A
YoY FCF Growth-104.8%
Positive Quarters0 of 5
Trend DirectionDeclining
Report DateDec 31, 2025
GradeF
Data SourceYahoo Finance

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