OPAL vs SRE
Opal Fuels Inc. and Sempra, side by side — 5 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | OPAL | SRE |
|---|---|---|
| Revenue | $349.0M | $13.7B |
| Net income | $36.4M | $1.8B |
| Gross margin | · | · |
| Net margin | 10.4% | 15.1% |
| Return on equity | · | 5.8% |
| Diluted EPS | $0.15 | $2.75 |
| Dividend / share | · | $2.58 |
| Payout ratio | · | 87.3% |
| Free cash flow | $-34.2M | $-6.0B |
| Equity | $-12.9M | $31.6B |
| Net debt / equity | · | 1.05× |
| Current ratio | 1.18× | 1.59× |
| Revenue CAGR 5y | · | 3.8% |
| Profit CAGR 5y | · | · |
SRE bills 39.3× the revenue of OPAL, and keeps more of each dollar of revenue as profit (15.1% against 10.4%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
5 years side by side
| Fiscal year | OPAL | SRE |
|---|---|---|
| FY2025 | $349.0M | $13.7B |
| FY2024 | $300.0M | $13.2B |
| FY2023 | $256.1M | $16.7B |
| FY2022 | $235.5M | $14.4B |
| FY2021 | $166.1M | $12.9B |
Bottom line
| Fiscal year | OPAL | SRE |
|---|---|---|
| FY2025 | $36.4M | $1.8B |
| FY2024 | $14.3M | $2.9B |
| FY2023 | $127.0M | $3.1B |
| FY2022 | $32.6M | $2.1B |
| FY2021 | $40.8M | $1.3B |
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$13,353,025,000 | SRE |
| FY2024 | −$12,885,028,000 | SRE |
| FY2023 | −$16,463,892,000 | SRE |
| FY2022 | −$14,203,469,000 | SRE |
| FY2021 | −$12,690,876,000 | SRE |
SRE has reported the higher revenue in every one of these 5 fiscal years. The gap has widened since the earliest year compared.
5 of 18 comparable fiscal years — a year missing data on either side is not counted.
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −4.7 pp | SRE |
| FY2024 | −21.8 pp | SRE |
| FY2023 | +28.0 pp | OPAL |
| FY2022 | −2.0 pp | SRE |
| FY2021 | +13.2 pp | OPAL |
The higher net margin has changed hands between OPAL and SRE over this period.
5 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
OPAL's net margin has been more volatile than SRE's over the 5 comparable fiscal years — 15.8 percentage points of standard deviation against 5.3.
5 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between OPAL and SRE over these 5 fiscal years — OPAL led in 2 and SRE in 3.
5 of 18 comparable fiscal years — a year missing data on either side is not counted.