Spire Inc.

NYSE:SR Stock Report

Market Cap: US$4.9b

Spire Past Earnings Performance

Past criteria checks 3/6

Spire has been growing earnings at an average annual rate of 9.6%, while the Gas Utilities industry saw earnings growing at 5.6% annually. Revenues have been growing at an average rate of 5.4% per year. Spire's return on equity is 8%, and it has net margins of 10.4%.

Key information

9.59%

Earnings growth rate

6.97%

EPS growth rate

Gas Utilities Industry Growth10.04%
Revenue growth rate5.37%
Return on equity8.02%
Net Margin10.36%
Last Earnings Update30 Sep 2025

Recent past performance updates

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: 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

Revenue & Expenses Breakdown

How Spire makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:SR Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 252,476257-160
30 Jun 252,436271-150
31 Mar 252,428237-130
31 Dec 242,506232-110
30 Sep 242,593236-90
30 Jun 242,610231-70
31 Mar 242,614222-80
31 Dec 232,609197-80
30 Sep 232,666202-80
30 Jun 232,670226-100
31 Mar 232,700246-120
31 Dec 222,457241-130
30 Sep 222,199206-140
30 Jun 222,175203-140
31 Mar 222,054210-130
31 Dec 212,278223-110
30 Sep 212,236257-100
30 Jun 212,197247-340
31 Mar 212,191149-320
31 Dec 201,80196-120
30 Sep 201,85574-130
30 Jun 201,82959110
31 Mar 201,829150110
31 Dec 191,917175-80
30 Sep 191,952179-80
30 Jun 191,966191-50
31 Mar 191,99522130
31 Dec 182,005165130
30 Sep 181,965214140
30 Jun 181,985226140
31 Mar 181,95722270
31 Dec 171,807232-20
30 Sep 171,741161190
30 Jun 171,76116000
31 Mar 171,68714900
31 Dec 161,63314200
30 Sep 161,53714400
30 Jun 161,46213900
31 Mar 161,48814300
31 Dec 151,75613600
30 Sep 151,97613600
30 Jun 151,99514000
31 Mar 151,96113800
31 Dec 141,7789600

Quality Earnings: SR has high quality earnings.

Growing Profit Margin: SR's current net profit margins (10.4%) are higher than last year (9.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SR's earnings have grown by 9.6% per year over the past 5 years.

Accelerating Growth: SR's earnings growth over the past year (8.8%) is below its 5-year average (9.6% per year).

Earnings vs Industry: SR earnings growth over the past year (8.8%) did not outperform the Gas Utilities industry 22.1%.

Return on Equity

High ROE: SR's Return on Equity (8%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/07 17:44
End of Day Share Price 2025/12/05 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

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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