SEMPRA - EQUITY AND EARNINGS PER COMMON SHARE (Tables)

9 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

EARNINGS PER COMMON SHARE COMPUTATIONS
(Dollars in millions, except per share amounts; shares in thousands)
	Three months ended September 30,				Nine months ended September 30,
	2025		2024		2025		2024
Sempra:
Numerator:
Earnings attributable to common shares	$	77	$	638	$	1,444	$	2,152
Denominator:
Weighted-average common shares outstanding for basic EPS(1)	652,948		633,752		652,538		633,342
Dilutive effect of common shares sold forward	267		2,312		123		1,375
Dilutive effect of stock options and RSUs(2)	794		1,997		759		1,849
Weighted-average common shares outstanding for diluted EPS	654,009		638,061		653,420		636,566
EPS:
Basic	$	0.12	$	1.01	$	2.21	$	3.40
Diluted	$	0.12	$	1.00	$	2.21	$	3.38

(1)    Includes 492 and 615 fully vested RSUs held in our Deferred Compensation Plan for the three months ended September 30, 2025 and 2024, respectively, and 502 and 616 of such RSUs for the nine months ended September 30, 2025 and 2024, respectively. These fully vested RSUs are included in weighted-average common shares outstanding for basic EPS because there are no conditions under which the corresponding shares will not be issued.

(2)    Due to market fluctuations of both Sempra common stock and the comparative indices used to determine the vesting percentage of our total shareholder return performance-based RSUs, which we discuss in Note 13 of the Notes to Consolidated Financial Statements in the Annual Report, dilutive RSUs may vary widely from period-to-period.

Schedule Of Transfers (To) From Noncontrolling Interest

The following table summarizes net income attributable to Sempra and transfers (to) from NCI, which shows the effects of changes in Sempra’s ownership interest in its subsidiaries on Sempra’s shareholders’ equity.

NET INCOME ATTRIBUTABLE TO SEMPRA AND TRANSFERS (TO) FROM NCI
(Dollars in millions)
	Three months ended		Nine months ended
	September 30, 2025
Sempra:
Net income attributable to Sempra	$	95	$	1,485
Transfers (to) from NCI:
Increase in shareholders’ equity from investor equity subscription	16		16
Increase in shareholders’ equity from allocation of interests(1)	635		635
Net transfers (to) from NCI	651		651
Change from net income attributable to Sempra and transfers (to) from NCI	$	746	$	2,136

(1)    We describe the allocation of interests in Note 10.