Companies / SR Spire Inc (SR)
Spire Inc., together with its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company operates through three segments: Gas Utility, Gas Marketing, and Midstream. It is also involved in the marketing of natural gas and related services; and transportation and storage of natural gas. In addition, the company engages in the operation of propane through its propane pipeline, risk management, and other activities. Spire Inc. was formerly known as The Laclede Group, Inc. and changed its name to Spire Inc. in April 2016. Spire Inc. was founded in 1857 and is based in Saint Louis, Missouri.
Ticker SR Exchange NYSE Sector Utilities Industry Utilities - Regulated Gas Market cap $5.25B 52-week range $74.84 - $95.31 Valuation Share price $88.81 (close of Nov 6, 2026) P/E (TTM) 9.90x Price to book 1.46x Price to free cash flow -23.60x Enterprise value $12.49B Book value per share $60.63 Price performance Period Change 1 day -0.48% 5 days +0.92% 1 month +13.61% 3 months +9.86% 6 months +3.02% Year to date +7.39% 1 year +0.10% 3 years +52.75% 5 years +40.19% 10 years +45.71% All time +1,505.60%
Short interest As of Oct 15, 2026 Short % of float 6.25% Shares short 2.72M Days to cover 6.41 Change since prior report -9.36% Source FINRA consolidated short interest Profitability and growth Return on equity 8.02% Return on invested capital 5.42% Return on assets 2.35% Return on capital employed 5.80% Gross margin 58.76% Net margin 10.97% EBITDA margin 33.20% Revenue growth -4.50% Net income growth 8.29% Cash flow and balance sheet Free cash flow yield (TTM) -4.24% Current ratio 0.37x Net debt to EBITDA 8.20x Latest reported year Period end Sep 30, 2025 Fiscal year 2025 Revenue $2.48B Cost of revenue $1.02B Gross profit $1.46B EBITDA $822.10M Net income $271.70M Earnings per share $4.39 Interest expense $204.10M Shares outstanding 58.50M Income statement by year Period end Revenue Gross profit Net income EPS 2025-09-30 $2.48B $1.46B $271.70M $4.39 2024-09-30 $2.59B $1.36B $250.90M $4.20 2023-09-30 $2.67B $1.27B $217.50M $3.86 2022-09-30 $2.20B - $220.80M $3.96 2021-09-30 $2.24B - $271.70M $4.97 2020-09-30 $1.86B - $88.60M $1.44 2019-09-30 $1.95B - $184.60M $3.53 2018-09-30 - - $214.20M $4.35 2017-09-30 - - $161.60M $3.44 2016-09-30 - - $144.20M $3.26
Margins and returns by year Period end Gross margin Net margin Return on equity Return on capital 2025-09-30 58.76% 10.97% 8.02% 5.42% 2024-09-30 52.51% 9.68% 7.76% 5.42% 2023-09-30 47.77% 8.16% 7.46% 5.01% 2022-09-30 - 10.04% 7.83% 4.92% 2021-09-30 - 12.15% 10.22% 6.68% 2020-09-30 - 4.78% 3.51% 3.83% 2019-09-30 - 9.46% 7.26% 5.74% 2018-09-30 - - 9.50% 6.02% 2017-09-30 - - 8.12% 5.90% 2016-09-30 - - 8.16% 5.34%
Cash and debt by year Period end Cash Debt 2025-09-30 $5.70M $3.37B 2024-09-30 $4.50M $3.70B 2023-09-30 $5.60M $3.55B 2022-09-30 $6.50M $2.96B 2021-09-30 $4.30M $2.94B 2020-09-30 $4.10M $2.42B 2019-09-30 $5.80M $2.08B 2018-09-30 $4.40M $1.90B 2017-09-30 $7.40M $2.00B 2016-09-30 $5.20M $1.82B
Free cash flow by year Period end Free cash flow Stock-based compensation 2025-09-30 -$344.40M $6.70M 2024-09-30 $51.10M $5.80M 2023-09-30 -$222.30M $9.80M 2022-09-30 -$497.20M $6.40M 2021-09-30 -$375.00M $13.90M 2020-09-30 -$168.50M $8.80M 2019-09-30 -$372.40M $7.20M 2018-09-30 -$42.80M $12.50M 2017-09-30 -$149.80M $4.10M 2016-09-30 $35.00M $4.50M
Dividend history Most recent payment Sep 11, 2026 Paid in the last twelve months $3.30 Payment date Dividend per share 2026-09-11 $0.82 2026-06-11 $0.82 2026-03-11 $0.82 2025-12-11 $0.82 2025-09-11 $0.79 2025-06-11 $0.79 2025-03-11 $0.79 2024-12-11 $0.79
Investor relations Next earnings report Next confirmed report Nov 17, 2026 Consensus EPS estimate $1.00 Past earnings dates Reported Fiscal period EPS estimate 2026-08-05 Jun 2026 -$0.24 2026-05-06 Mar 2026 $3.78 2026-02-03 Dec 2025 $1.62 2025-11-14 Sep 2025 -$0.46 2025-08-05 Jun 2025 -$0.09 2025-04-30 Mar 2025 $3.70 2025-02-05 Dec 2024 $1.42 2024-11-20 Sep 2024 -$0.52
Filings and sources Company website spireenergy.com SEC filings 10-K, 10-Q and 8-K on EDGAR Earnings calendar All upcoming reports Similar companies Atmos Energy Corp (ATO) · NiSource Inc. (NI) · American Water Works Company, Inc. (AWK) · Sempra (SRE) · AES Corp (AES) · Constellation Energy Corp (CEG) · Vistra Corp. (VST) · NRG Energy, Inc. (NRG)
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