Spire Inc. | Mid-cap | Utilities
$82.31
-1.06%
| Spire Stock Comparison:
Spire vs Atmos EnergySpire vs NiSourceSpire vs UGISpire vs Southwest GasSpire vs BrookfieldSpire vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 1.1B
Gross Profit 457.0M 43.47%
Operating Income 306.4M 29.14%
Net Income 209.3M 19.91%

Balance Sheet Metrics

Total Assets 11.3B
Total Liabilities 7.8B
Shareholders Equity 3.5B
Debt to Equity 2.23

Cash Flow Metrics

Operating Cash Flow 352.6M
Free Cash Flow 154.1M

Revenue & Profitability Trend

Spire Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 2.6B 2.7B 2.2B 2.2B 1.9B
Cost of Goods Sold i 1.6B 1.8B 1.4B 1.4B 1.2B
Gross Profit i 982.3M 887.9M 825.0M 823.4M 700.7M
Gross Margin % i 37.9% 33.3% 37.5% 36.8% 37.8%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i - - - - -
Other Operating Expenses i - - - - -
Total Operating Expenses i 0 0 0 0 0
Operating Income i 488.3M 418.6M 408.2M 450.2M 355.0M
Operating Margin % i 18.8% 15.7% 18.6% 20.1% 19.1%
Non-Operating Items
Interest Income i - - - - -
Interest Expense i 201.1M 185.7M 119.8M 106.6M 105.5M
Other Non-Operating Income 22.4M 23.4M -8.7M -3.4M -148.5M
Pre-tax Income i 309.6M 256.3M 279.7M 340.2M 101.0M
Income Tax i 58.7M 38.8M 58.9M 68.5M 12.4M
Effective Tax Rate % i 19.0% 15.1% 21.1% 20.1% 12.3%
Net Income i 250.9M 217.5M 220.8M 271.7M 88.6M
Net Margin % i 9.7% 8.2% 10.0% 12.2% 4.8%
Key Metrics
EBITDA i 789.1M 696.8M 636.8M 659.9M 552.4M
EPS (Basic) i $4.20 $3.86 $3.96 $4.97 $1.44
EPS (Diluted) i $4.19 $3.85 $3.95 $4.96 $1.44
Basic Shares Outstanding i 56100000 52500000 52000000 51600000 51200000
Diluted Shares Outstanding i 56100000 52500000 52000000 51600000 51200000

Income Statement Trend

Spire Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 4.5M 5.6M 6.5M 4.3M 4.1M
Short-term Investments i - - - - -
Accounts Receivable i 196.3M 192.4M 210.8M 338.4M 131.8M
Inventory i 263.9M 279.5M 422.3M 305.0M 191.5M
Other Current Assets 165.9M 433.1M 478.1M 372.7M 102.5M
Total Current Assets i 771.3M 1.1B 1.6B 1.3B 590.6M
Non-Current Assets
Property, Plant & Equipment i 1.1B 699.6M 542.1M 503.2M 451.3M
Goodwill i 2.3B 2.3B 2.3B 2.3B 2.3B
Intangible Assets i - - - - -
Long-term Investments - - - - -
Other Non-Current Assets 352.1M 305.9M 258.1M 264.9M 225.5M
Total Non-Current Assets i 10.1B 9.2B 8.5B 8.0B 7.7B
Total Assets i 10.9B 10.3B 10.1B 9.4B 8.2B
Liabilities
Current Liabilities
Accounts Payable i 237.2M 253.1M 617.4M 409.9M 243.3M
Short-term Debt i 989.0M 1.1B 1.3B 727.8M 708.4M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities 242.7M 190.5M 230.3M 271.3M 303.9M
Total Current Liabilities i 1.7B 1.8B 2.4B 1.6B 1.4B
Non-Current Liabilities
Long-term Debt i 3.7B 3.6B 3.0B 2.9B 2.4B
Deferred Tax Liabilities i 808.4M 743.7M 675.1M 612.3M 511.4M
Other Non-Current Liabilities 140.6M 139.6M 162.8M 152.3M 138.4M
Total Non-Current Liabilities i 5.9B 5.6B 4.9B 5.1B 4.3B
Total Liabilities i 7.6B 7.4B 7.3B 6.7B 5.7B
Equity
Common Stock i 57.7M 53.2M 52.5M 51.7M 51.6M
Retained Earnings i 1.0B 958.0M 905.5M 843.0M 720.7M
Treasury Stock i - - - - -
Other Equity - - - - -
Total Shareholders Equity i 3.2B 2.9B 2.8B 2.7B 2.5B
Key Metrics
Total Debt i 4.7B 4.7B 4.3B 3.7B 3.1B
Working Capital i -932.6M -678.5M -761.6M -291.8M -858.6M

Balance Sheet Composition

Spire Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 250.9M 217.5M 220.8M 271.7M 88.6M
Depreciation & Amortization i 278.4M 254.8M 237.3M 213.1M 197.3M
Stock-Based Compensation i - - - - -
Working Capital Changes i 316.7M -97.0M -481.0M -328.2M 15.3M
Operating Cash Flow i 911.3M 425.2M 43.8M 240.9M 318.4M
Investing Activities
Capital Expenditures i - - - - -
Acquisitions i -175.9M -37.0M 0 0 0
Investment Purchases i - - - - -
Investment Sales i - - - - -
Investing Cash Flow i -165.9M -33.0M 5.5M 2.8M 6.8M
Financing Activities
Share Repurchases i - - - - -
Dividends Paid i -181.9M -165.5M -156.7M -148.0M -142.8M
Debt Issuance i 495.0M 755.0M 300.0M 629.1M 510.0M
Debt Repayment i -456.6M -281.2M -55.8M -115.4M -147.0M
Financing Cash Flow i 123.9M 260.6M 500.9M 379.4M 160.0M
Free Cash Flow i 51.1M -222.3M -497.2M -375.0M -168.5M
Net Change in Cash i 869.3M 652.8M 550.2M 623.1M 485.2M

Cash Flow Trend

Spire Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 18.22
Forward P/E 18.22
Price to Book 1.51
Price to Sales 2.01
PEG Ratio -0.09

Profitability Ratios

Profit Margin 11.72%
Operating Margin 17.35%
Return on Equity 8.38%
Return on Assets 3.16%

Financial Health

Current Ratio 0.37
Debt to Equity 140.81
Beta 0.70

Per Share Data

EPS (TTM) $4.56
Book Value per Share $54.87
Revenue per Share $41.91

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
sr 4.9B 18.22 1.51 8.38% 11.72% 140.81
Atmos Energy 24.7B 21.75 1.88 9.19% 25.35% 64.75
NiSource 20.9B 23.19 2.31 9.31% 14.46% 143.64
UGI 7.0B 17.08 1.42 8.73% 5.70% 142.38
Southwest Gas 5.7B 29.52 1.56 5.03% 4.07% 113.62
Brookfield 5.3B 4.15 2.37 -10.97% -33.28% 600.63

Financial data is updated regularly. All figures are in the company's reporting currency.