Sempra's Financial Prospects: Understanding the Company's ROE and Earnings Growth

Sempra's (SRE) stock has seen a 11% increase over the past three months. The company's return on equity (ROE) is 6.4%, which is lower than the industry average of 8.6%. However, Sempra's net income growth of 13% over the past five years is positive, and its growth is higher than the industry average of 7.8%. This suggests that Sempra's management has made strategic decisions that have contributed to its growth.