SRE, EIX, PCG: Analyzing Total Returns from California Utilities

At $22 billion, Sempra Energy (SRE) underperformed its California peer utilities in total returns in the last year. Sempra returned nearly 13% while Edison International (EIX) returned 31%.

The state’s largest utility by market capitalization, PG&E (PCG), returned 29% in the last year.

Total returns consider a capital gain and dividend paid during a specific period. The above graph compares total returns of the three utilities with that of the Utilities Select Sector SPDR ETF (XLU).