SOCGM · As filed with the SEC
Southern California Gas income statement, by fiscal year
The statement as Southern California Gas presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF OPERATIONS · USD millions, except per-share amounts; shares in thousands
| USD millions, except per-share amounts; shares in thousands | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 | FY2018 Year ended Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| REVENUES | ||||||||
| Natural gas | 7,319 | 7,141 | 9,495 | 7,868 | 6,333 | — | — | — |
| San Diego Gas and Electric Company | — | — | — | — | — | 694 | 658 | — |
| Utilities | — | — | — | — | — | 10,025 | 9,448 | 10,046 |
| San Diego Gas and Electric Company | — | — | — | — | — | 5,313 | 4,925 | — |
| Southern California Gas Company | — | — | — | — | — | 4,748 | 4,525 | — |
| Electric | 4,552 | 4,296 | 4,334 | 4,783 | 4,658 | — | — | — |
| San Diego Gas and Electric Company | — | — | — | — | — | 4,619 | 4,267 | — |
| Energy-related businesses | 1,831 | 1,748 | 2,891 | 1,788 | 1,866 | 1,345 | 1,381 | 1,641 |
| Total revenues | 13,702 | 13,185 | 16,720 | 14,439 | 12,857 | 11,370 | 10,829 | 11,687 |
| Operating expenses: | ||||||||
| Cost of natural gas | (1,282) | (1,132) | (3,719) | (2,603) | (1,597) | (925) | (1,139) | (1,208) |
| Cost of electric fuel and purchased power | (385) | (245) | (375) | (937) | (1,010) | (1,187) | (1,188) | (2,323) |
| Energy-related businesses cost of sales | — | — | — | — | (611) | (276) | (344) | (355) |
| Other cost of sales | — | — | — | — | — | — | — | (78) |
| Energy-related businesses cost of sales | — | (380) | (548) | (942) | — | — | — | — |
| Energy-related businesses cost of sales | (367) | — | — | — | — | — | — | — |
| Operation and maintenance | (5,281) | (5,336) | (5,459) | (4,746) | (4,338) | (3,940) | (3,466) | (3,309) |
| Aliso Canyon litigation and regulatory matters | — | 0 | 0 | (259) | (1,593) | (307) | — | — |
| Southern California Gas Company | — | — | — | — | — | (307) | — | — |
| Regulatory disallowances | (651) | — | — | — | — | — | — | — |
| Depreciation and amortization | (2,563) | (2,437) | (2,227) | (2,019) | (1,855) | (1,666) | (1,569) | (1,549) |
| Franchise fees and other taxes | (744) | (693) | (677) | (635) | (596) | (543) | (496) | (472) |
| Write-off of wildfire regulatory asset | — | — | — | — | — | — | 0 | 0 |
| San Diego Gas and Electric Company | — | — | — | — | — | — | 0 | — |
| Impairment losses | — | — | — | — | (3) | (1) | (43) | (1,122) |
| Southern California Gas Company | — | — | — | — | — | 0 | (37) | — |
| Gain on sale of assets | — | — | 1 | 0 | 36 | (3) | 63 | 524 |
| San Diego Gas and Electric Company | — | — | — | — | — | 1,191 | 1,194 | — |
| San Diego Gas and Electric Company | — | — | — | — | — | 162 | 176 | — |
| Southern California Gas Company | — | — | — | — | — | 783 | 977 | — |
| San Diego Gas and Electric Company | — | — | — | — | — | 1,455 | 1,181 | — |
| Southern California Gas Company | — | — | — | — | — | 2,029 | 1,780 | — |
| Aliso canyon litigation and regulatory matters | — | — | — | — | — | 307 | — | — |
| Southern California Gas Company | — | — | — | — | — | 307 | — | — |
| San Diego Gas and Electric Company | — | — | — | — | — | 801 | 760 | — |
| Southern California Gas Company | — | — | — | — | — | 654 | 602 | — |
| San Diego Gas and Electric Company | — | — | — | — | — | 331 | 301 | — |
| Southern California Gas Company | — | — | — | — | — | 190 | 173 | — |
| Impairment losses | — | — | — | — | — | 1 | 43 | 1,122 |
| Southern California Gas Company | — | — | — | — | — | 0 | 37 | — |
| Write-off of wildfire regulatory asset | — | — | — | — | — | — | 0 | 0 |
| San Diego Gas and Electric Company | — | — | — | — | — | — | 0 | — |
| San Diego Gas and Electric Company | — | — | — | — | — | 3,940 | 3,612 | — |
| Southern California Gas Company | — | — | — | — | — | 3,963 | 3,569 | — |
| Remeasurement of equity method investment | — | — | — | — | — | — | — | 0 |
| Other income, net | — | — | — | — | — | — | — | 72 |
| San Diego Gas and Electric Company | — | — | — | — | — | 1,373 | 1,313 | — |
| Southern California Gas Company | — | — | — | — | — | 785 | 956 | — |
| Other income, net | 169 | 136 | 131 | 24 | 58 | (48) | 77 | — |
| San Diego Gas and Electric Company | — | — | — | — | — | 52 | 39 | — |
| Southern California Gas Company | — | — | — | — | — | (28) | (55) | — |
| Interest income | 103 | 61 | 89 | 75 | 69 | 96 | 87 | 104 |
| San Diego Gas and Electric Company | — | — | — | — | — | 2 | 4 | — |
| Southern California Gas Company | — | — | — | — | — | 2 | 2 | — |
| Interest expense | — | — | (1,309) | (1,054) | (1,198) | (1,081) | (1,077) | (925) |
| San Diego Gas and Electric Company | — | — | — | — | — | (413) | (411) | — |
| Southern California Gas Company | — | — | — | — | — | (158) | (141) | — |
| Interest expense | (1,532) | (1,049) | — | — | — | — | — | — |
| Income before income taxes and equity earnings | 1,169 | 2,110 | 2,627 | 1,343 | 219 | 1,489 | 1,734 | 1,046 |
| San Diego Gas and Electric Company | — | — | — | — | — | 1,014 | 945 | — |
| Southern California Gas Company | — | — | — | — | — | 601 | 762 | — |
| Income tax expense | (701) | (219) | (490) | (556) | (99) | (249) | (315) | (96) |
| San Diego Gas and Electric Company | — | — | — | — | — | (190) | (171) | — |
| Southern California Gas Company | — | — | — | — | — | (96) | (120) | — |
| Equity earnings | — | — | — | 1,498 | 1,343 | 1,015 | 580 | 176 |
| Income from continuing operations, net of tax | — | — | — | 2,285 | 1,463 | 2,255 | 1,999 | — |
| Income from discontinued operations, net of income tax | — | — | — | 0 | 0 | 1,850 | 363 | — |
| Equity earnings | 1,604 | 1,609 | 1,481 | — | — | — | — | — |
| Net income | 2,072 | 3,500 | 3,618 | 2,285 | 1,463 | 4,105 | 2,362 | 1,126 |
| San Diego Gas and Electric Company | — | — | — | — | — | 824 | 774 | — |
| Southern California Gas Company | — | — | — | — | — | 505 | 642 | — |
| Earnings attributable to noncontrolling interests | — | (638) | (543) | (146) | (145) | (172) | (164) | (76) |
| San Diego Gas and Electric Company | — | — | — | — | — | 0 | (7) | — |
| Earnings attributable to noncontrolling interests | (238) | — | — | — | — | — | — | — |
| Losses attributable to contingently redeemable noncontrolling interest | 3 | — | — | — | — | — | — | — |
| Preferred deemed dividends | (11) | — | — | — | — | — | — | — |
| Preferred dividends | (29) | (44) | (44) | (44) | (63) | (168) | (1) | (125) |
| Preferred dividends of subsidiary | — | — | — | — | — | — | — | (1) |
| Southern California Gas Company | — | — | — | — | — | (1) | (1) | — |
| Mandatory convertible preferred stock dividends | — | — | — | — | — | — | (142) | — |
| Preferred dividends of subsidiary | (1) | (1) | (1) | (1) | (1) | (1) | — | — |
| Earnings attributable to common shares | 1,796 | 2,817 | 3,030 | 2,094 | 1,254 | 3,764 | 2,055 | 924 |
| San Diego Gas and Electric Company | — | — | — | — | — | 824 | 767 | — |
| Southern California Gas Company | — | — | — | — | — | 504 | 641 | — |
| Basic EPS: | ||||||||
| Earnings from continuing operations attributable to common shares | — | — | — | 6.65 | 4.03 | 6.61 | 6.22 | — |
| Earning from discontinued operations | — | — | — | 0.00 | 0.00 | 6.32 | 1.18 | — |
| Earnings (in dollars per share) | 2.75 | 4.44 | 4.81 | 6.65 | 4.03 | 12.93 | 7.40 | 3.45 |
| Weighted-average common shares outstanding (in shares) | 652,697 | 633,795 | 630,296 | 315,159 | 311,755 | 291,077 | 277,904 | 268,072 |
| Diluted EPS: | ||||||||
| Earnings from continuing operations - Diluted EPS (in dollars per share) | — | — | — | 6.62 | 4.01 | 6.58 | 6.13 | — |
| Earnings from discontinued operations | — | — | — | 0.00 | 0.00 | 6.30 | 1.16 | — |
| Earnings (in dollars per share) | 2.75 | 4.42 | 4.79 | 6.62 | 4.01 | 12.88 | 7.29 | 3.42 |
| Weighted-average common shares outstanding (in shares) | 653,826 | 637,943 | 632,733 | 316,378 | 313,036 | 292,252 | 282,033 | 269,852 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.
Data on this page was fetched . The filing on SEC.gov is the record.