Spire Inc.

NYSE:SR Stock Report

Market Cap: US$5.2b

Spire Balance Sheet Health

Financial Health criteria checks 0/6

Spire has a total shareholder equity of $3.4B and total debt of $5.2B, which brings its debt-to-equity ratio to 152.6%. Its total assets and total liabilities are $11.6B and $8.2B respectively. Spire's EBIT is $539.5M making its interest coverage ratio 2.6. It has cash and short-term investments of $5.7M.

Key information

152.65%

Debt to equity ratio

US$5.17b

Debt

Interest coverage ratio2.6x
CashUS$5.70m
EquityUS$3.39b
Total liabilitiesUS$8.19b
Total assetsUS$11.58b

Recent financial health updates

Spire (NYSE:SR) Use Of Debt Could Be Considered Risky

Feb 24
Spire (NYSE:SR) Use Of Debt Could Be Considered Risky

Recent updates

Spire's (NYSE:SR) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 24
Spire's (NYSE:SR) Shareholders Will Receive A Bigger Dividend Than Last Year

Analysts Just Made A Major Revision To Their Spire Inc. (NYSE:SR) Revenue Forecasts

Nov 20
Analysts Just Made A Major Revision To Their Spire Inc. (NYSE:SR) Revenue Forecasts

Spire: Undervalued And Opportunistic Natural Gas Utility

Sep 14

Spire Inc. (NYSE:SR) Shares Could Be 20% Below Their Intrinsic Value Estimate

Sep 11
Spire Inc. (NYSE:SR) Shares Could Be 20% Below Their Intrinsic Value Estimate

With EPS Growth And More, Spire (NYSE:SR) Makes An Interesting Case

Aug 24
With EPS Growth And More, Spire (NYSE:SR) Makes An Interesting Case

Investors Appear Satisfied With Spire Inc.'s (NYSE:SR) Prospects

Jul 30
Investors Appear Satisfied With Spire Inc.'s (NYSE:SR) Prospects

What Spire Inc.'s (NYSE:SR) P/E Is Not Telling You

May 01
What Spire Inc.'s (NYSE:SR) P/E Is Not Telling You

Is Spire Inc. (NYSE:SR) Trading At A 23% Discount?

Apr 14
Is Spire Inc. (NYSE:SR) Trading At A 23% Discount?

Returns On Capital At Spire (NYSE:SR) Have Hit The Brakes

Mar 11
Returns On Capital At Spire (NYSE:SR) Have Hit The Brakes

Spire (NYSE:SR) Use Of Debt Could Be Considered Risky

Feb 24
Spire (NYSE:SR) Use Of Debt Could Be Considered Risky

Spire Inc.'s (NYSE:SR) Popularity With Investors Is Under Threat From Overpricing

Jan 20
Spire Inc.'s (NYSE:SR) Popularity With Investors Is Under Threat From Overpricing

Calculating The Intrinsic Value Of Spire Inc. (NYSE:SR)

Dec 18
Calculating The Intrinsic Value Of Spire Inc. (NYSE:SR)

Spire's (NYSE:SR) Upcoming Dividend Will Be Larger Than Last Year's

Dec 02
Spire's (NYSE:SR) Upcoming Dividend Will Be Larger Than Last Year's

Spire: The High-Yield Preferreds Are The Best Play For This Utility

Sep 19
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Modernizing Infrastructure And Tactical Cost Management Propel Future Growth

Spire's emphasis on cost management and efficiency is set to enhance operational efficiency and lower overall costs, potentially boosting net margins from 2025.

Spire: A Good Utility To Play Defense

Jul 24

Spire Inc.: Valuation And Yield Are Too Good To Pass On Here

Jan 22

Financial Position Analysis

Short Term Liabilities: SR's short term assets ($807.7M) do not cover its short term liabilities ($2.5B).

Long Term Liabilities: SR's short term assets ($807.7M) do not cover its long term liabilities ($5.6B).

Debt to Equity History and Analysis

Debt Level: SR's net debt to equity ratio (152.5%) is considered high.

Reducing Debt: SR's debt to equity ratio has increased from 124.2% to 152.6% over the past 5 years.

Debt Coverage: SR's debt is not well covered by operating cash flow (11.2%).

Interest Coverage: SR's interest payments on its debt are not well covered by EBIT (2.6x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/30 21:04
End of Day Share Price 2025/11/28 00:00
Earnings2025/09/30
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Spire Inc. is covered by 12 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ross FowlerBofA Global Research
Alexis KaniaBTIG
Michael GauglerJanney Montgomery Scott LLC