SempraMEX:SRE 60 Gross Margin % is 52.56% as of Mar. 2026, which is 28% above its 10-year median of 40.93. GuruFocus rates MEX:SRE with a GF Score™ of 60/100 and a GF Value™ of MXN1,310.33 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 491 Utilities - Regulated companies, Sempra ranks better than 78.62% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Sempra's Gross Profit for the
three
months ended in Mar. 2026 was MXN34,641 Mil. Sempra's Revenue for the
three
months ended in Mar. 2026 was MXN65,910 Mil. Therefore, Sempra's Gross Margin % for the quarter that ended in Mar. 2026 was 52.56%.
The historical rank and industry rank for Sempra's Gross Margin % or its related term are showing as below:
MEX:SRE'
s Gross Margin % Range Over the Past 10 Years
Min: 32.93 Med: 40.93 Max: 48.05
Current: 48.05
During the past 13 years, the highestGross Margin % of Sempra was 48.05%. The lowest was 32.93%. And the median was 40.93%.
MEX:SRE's Gross Margin % is ranked better than 78.62% of 491
companies
in the Utilities - Regulated industry
Industry Median: 30.95
vs MEX:SRE: 48.05
Sempra had a gross margin of 52.56% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Sempra was 2.00% per year.
Sempra (MEX:SRE) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Sempra had a gross margin of 52.56% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Sempra Gross Margin % Related Terms
Sempra Gross Margin % Historical Data
* Premium members only.
The historical data trend for Sempra's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:SRE vs AES, AVA, UTL: Gross Margin % Comparison
For the Utilities - Diversified subindustry, Sempra's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sempra Gross Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Sempra's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Sempra's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Sempra (MEX:SRE) has a Gross Margin % of 52.56% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Sempra and its competitors. This is 28% above median its historical median of 40.93. Over the past decade, Sempra's Gross Margin % has ranged from 32.93 to 48.05. According to the industry distribution chart, Sempra ranks #105 out of 491 companies in the Utilities - Regulated industry, placing it in the top 21.4%.
Is Sempra's Gross Margin % too high?
Sempra's current Gross Margin % of 52.56% is 28% above median its 10-year median of 40.93. Over the past 10 years, this metric has ranged from a low of 32.93 to a high of 48.05. The Utilities - Regulated industry median Gross Margin % is 30.95. Sempra's value of 52.56% is 69.8% above this industry median. Based on the distribution chart, Sempra ranks #105 out of 491 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Sempra has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sempra's Gross Margin % compare to AES and AVA?
According to the Utilities - Regulated industry distribution chart, Sempra ranks #105 out of 491 companies for Gross Margin %. This places Sempra in the top 21% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 30.95. Sempra's value of 52.56% is 69.8% above this benchmark. Historically, Sempra's own Gross Margin % has ranged from 32.93 to 48.05 over the past decade. While the company's 10-year median is 40.93 vs. the industry median of 30.95, Sempra has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.95, based on 491 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sempra's current Gross Margin % of 52.56% is 69.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Sempra and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sempra's current Gross Margin % is 52.56%, which is 28% above median its own 10-year median of 40.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sempra stock overvalued right now?
Based on GuruFocus' analysis, Sempra (MEX:SRE) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN1,310.33, compared to a current price of MXN1,620.00 — trading 23.6% above its estimated fair value. The current Gross Margin % is 52.56%, which is 28% above median its 10-year median of 40.93 and 69.8% above the Utilities - Regulated industry median of 30.95. Sempra's overall GF Score™ is 60/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Sempra (MEX:SRE), the current Gross Margin % is 52.56% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sempra (MEX:SRE) Overvalued in 2026?
Based on GuruFocus' analysis, Sempra stock appears to be overvalued.
The current stock price of MXN1,620.00 is trading 23.6% above its estimated GF Value™ of MXN1,310.33.
GuruFocus considers Sempra to be Modestly Overvalued.
Key valuation signals for MEX:SRE:
Gross Margin %: 52.56% (28% above median its 10-year median of 40.93)
GF Value™: MXN1,310.33 vs. price of MXN1,620.00 (23.6% above fair value)
Industry Position: 69.8% above the Utilities - Regulated median (#105 of 491)
No single metric tells the full story. See the MEX:SRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sempra serves one of the largest utility customer bases in the United States. It distributes natural gas and electricity in Southern California and owns 80% of Oncor, a transmission and distribution business in Texas. Sempra Infrastructure Partners, 25% owned by Sempra, owns and operates liquefied natural gas facilities in North America and infrastructure in Mexico.
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