AI English summary of an SEC filing — figures as filed
Sempra said full-year 2024 GAAP earnings were $2.82 billion ($4.42 per diluted share), compared with $3.03 billion ($4.79 per diluted share) for full-year 2023. On an adjusted basis, the company said its earnings were $2.97 billion ($4.65 per diluted share).
Key points
AI summarySempra said full-year 2024 GAAP earnings were $2.82 billion ($4.42 per diluted share), compared with $3.03 billion ($4.79 per diluted share) for full-year 2023. On an adjusted basis, the company said its earnings were $2.97 billion ($4.65 per diluted share).
The company said fourth-quarter 2024 GAAP earnings were $665 million ($1.04 per diluted share) and adjusted earnings were $960 million ($1.50 per diluted share). It said the items excluded from adjusted results included income tax expense of $330 million related to a foreign tax credit valuation allowance.
Sempra said its five-year capital plan for 2025-2029 is approximately $56 billion, an increase of 16% over its prior plan. It also gave EPS guidance of $4.30 to $4.70 for 2025 and $4.80 to $5.30 for 2026.
The company reported net cash provided by operating activities of $4,907 million for full-year 2024 (2023 $6,218 million). It said net cash used in investing activities was $9,118 million and net cash provided by financing activities was $5,424 million.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
2024 Full-Year GAAP and Adjusted Results
Sempra said full-year 2024 GAAP earnings were $2.82 billion ($4.42 per diluted share), compared with $3.03 billion ($4.79 per diluted share) for full-year 2023. On an adjusted basis, the company said its earnings were $2.97 billion ($4.65 per diluted share).
Source · Based on the filing body and exhibits
Q4 GAAP to Adjusted Earnings Differences
The company said fourth-quarter 2024 GAAP earnings were $665 million ($1.04 per diluted share) and adjusted earnings were $960 million ($1.50 per diluted share). It said the items excluded from adjusted results included income tax expense of $330 million related to a foreign tax credit valuation allowance.
Source · Based on the filing body and exhibits
5-Year Capital Plan and EPS Outlook
Sempra said its five-year capital plan for 2025-2029 is approximately $56 billion, an increase of 16% over its prior plan. It also gave EPS guidance of $4.30 to $4.70 for 2025 and $4.80 to $5.30 for 2026.
Source · Based on the filing body and exhibits
2024 Full-Year Cash Flow
The company reported net cash provided by operating activities of $4,907 million for full-year 2024 (2023 $6,218 million). It said net cash used in investing activities was $9,118 million and net cash provided by financing activities was $5,424 million.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…