Symbols / SR Stock $90.41 -0.51% Spire Inc.

Utilities • Utilities - Regulated Gas • United States • NYQ
SR (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Utilities
Industry Utilities - Regulated Gas
CEO Mr. Scott Edward Doyle
Exch · Country NYQ · United States
Market Cap 5.34B
Enterprise Value 10.93B
Income 270.30M
Sales 2.57B
FCF (ttm) -374.70M
Book/sh 53.99
Cash/sh 0.07
Employees 3,497
Insider 10d —
IPO Feb 21, 1973
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 69.58%
P/E 19.78
Forward P/E 16.12
PEG 2.50
P/S 2.08
P/B 1.67
P/C —
EV/EBITDA 12.53
EV/Sales 4.25
Quick Ratio 0.36
Current Ratio 0.61
Debt/Eq 155.84
LT Debt/Eq —
EPS (ttm) 4.57
EPS next Y 5.61
EPS Growth 14.90%
Revenue Growth 13.90%
EPS Gr Q/Q 16.90%
Rev Gr Q/Q —
Earnings (next) 2026-05-06
Earnings (prior) 2026-02-03
ROA 3.05%
ROE 8.47%
ROIC —
Gross Margin 41.59%
Oper. Margin 23.42%
Profit Margin 11.11%
Shs Outstand 59.10M
Shs Float 57.66M
Insider Own 2.33%
Instit Own 92.41%
Short Float 3.78%
Short Ratio 4.61
Short Interest 1.65M
52W High 95.31
vs 52W High -5.14%
52W Low 69.94
vs 52W Low 29.27%
Beta 0.62
Impl. Vol. 0.39%
Rel Volume 0.48
Avg Volume 377.33K
Volume 182.14K
Target (mean) $99.50
Tgt Median $100.50
Tgt Low $87.00
Tgt High $106.00
# Analysts 8
Recom Buy
Prev Close $90.87
Price $90.41
Change -0.51%
About

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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$99.50
Mean price target
2. Current target
$90.41
Latest analyst target
3. DCF / Fair value
$-114.13
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$90.41
Low
$87.00
High
$106.00
Mean
$99.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-17 init TD Cowen — → Hold $101
2026-01-28 main Stifel Hold → Hold $87
2025-12-17 main UBS Buy → Buy $100
2025-12-16 up Morgan Stanley Equal-Weight → Overweight $92
2025-11-20 main Mizuho Outperform → Outperform $96
2025-11-18 main Morgan Stanley Equal-Weight → Equal-Weight $99
2025-10-29 up B of A Securities Underperform → Neutral $89
2025-10-21 main Mizuho Outperform → Outperform $93
2025-10-13 main UBS Buy → Buy $95
2025-10-07 init Jefferies — → Buy $92
2025-09-25 main Morgan Stanley Equal-Weight → Equal-Weight $76
2025-08-15 down B of A Securities Neutral → Underperform $76
2025-07-15 main Stifel Hold → Hold $81
2025-06-18 main Morgan Stanley Equal-Weight → Equal-Weight $80
2025-05-28 main JP Morgan Overweight → Overweight $83
2025-05-01 main Wells Fargo Equal-Weight → Equal-Weight $82
2025-04-01 main Guggenheim Neutral → Neutral $72
2025-03-20 main Morgan Stanley Equal-Weight → Equal-Weight $78
2025-03-20 up JP Morgan Neutral → Overweight $85
2025-03-19 main Mizuho Outperform → Outperform $82
News
RSS: Latest SR news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-02-05 KOONCE PAUL D Director — 1,640 $85.27 $139,843
2026-02-05 NEWBERRY BRENDA D Director — 1,640 $85.27 $139,843
2026-02-05 HIGHTMAN CARRIE J. Director — 1,640 $85.27 $139,843
2026-02-05 JONES ROB L Director — 1,640 $85.27 $139,843
2026-02-05 FOGARTY MARIA V Director — 1,640 $85.27 $139,843
2026-02-05 COOK SHERI S Director — 1,640 $85.27 $139,843
2026-02-05 FERRARI VINCENT J Director — 1,640 $85.27 $139,843
2026-02-05 BORER MARK A Director — 1,640 $85.27 $139,843
2025-11-18 DOYLE SCOTT EDWARD Chief Executive Officer — 6,380 $86.16 $549,701
2025-11-18 WOODARD ADAM W. Officer and Treasurer — 3,176 $86.16 $273,644
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Total Revenue
2,476.40
-4.50%
2,593.00
-2.75%
2,666.30
+21.28%
2,198.50
Operating Revenue
2,476.40
-4.50%
2,593.00
-2.75%
2,666.30
+21.28%
2,198.50
Cost Of Revenue
1,447.60
-10.13%
1,610.70
-9.43%
1,778.40
+29.48%
1,373.50
Reconciled Cost Of Revenue
1,447.60
-10.13%
1,610.70
-9.43%
1,778.40
+29.48%
1,373.50
Gross Profit
1,028.80
+4.73%
982.30
+10.63%
887.90
+7.62%
825.00
Operating Expense
504.90
+2.21%
494.00
+5.26%
469.30
+12.60%
416.80
Total Expenses
1,952.50
-7.23%
2,104.70
-6.36%
2,247.70
+25.55%
1,790.30
Operating Income
523.90
+7.29%
488.30
+16.65%
418.60
+2.55%
408.20
Total Operating Income As Reported
523.90
+7.29%
488.30
+16.65%
418.60
+2.55%
408.20
EBITDA
833.70
+5.65%
789.10
+13.25%
696.80
+9.42%
636.80
Normalized EBITDA
833.70
+5.65%
789.10
+13.25%
696.80
+9.42%
636.80
Reconciled Depreciation
298.20
+7.11%
278.40
+9.26%
254.80
+7.37%
237.30
EBIT
535.50
+4.86%
510.70
+15.54%
442.00
+10.64%
399.50
Total Unusual Items
—
—
—
0.00
Total Unusual Items Excluding Goodwill
—
—
—
0.00
Special Income Charges
—
—
—
0.00
Write Off
—
—
—
0.00
Net Income
271.70
+8.29%
250.90
+15.36%
217.50
-1.49%
220.80
Pretax Income
331.40
+7.04%
309.60
+20.80%
256.30
-8.37%
279.70
Net Non Operating Interest Income Expense
-204.10
-1.49%
-201.10
-8.29%
-185.70
-55.01%
-119.80
Interest Expense Non Operating
204.10
+1.49%
201.10
+8.29%
185.70
+55.01%
119.80
Net Interest Income
-204.10
-1.49%
-201.10
-8.29%
-185.70
-55.01%
-119.80
Interest Expense
204.10
+1.49%
201.10
+8.29%
185.70
+55.01%
119.80
Other Income Expense
11.60
-48.21%
22.40
-4.27%
23.40
+368.97%
-8.70
Other Non Operating Income Expenses
11.60
-48.21%
22.40
-4.27%
23.40
+368.97%
-8.70
Tax Provision
59.70
+1.70%
58.70
+51.29%
38.80
-34.13%
58.90
Tax Rate For Calcs
0.00
-5.26%
0.00
+25.83%
0.00
-28.29%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
271.70
+8.29%
250.90
+15.36%
217.50
-1.49%
220.80
Net Income From Continuing Operation Net Minority Interest
271.70
+8.29%
250.90
+15.36%
217.50
-1.49%
220.80
Net Income From Continuing And Discontinued Operation
271.70
+8.29%
250.90
+15.36%
217.50
-1.49%
220.80
Net Income Continuous Operations
271.70
+8.29%
250.90
+15.36%
217.50
-1.49%
220.80
Normalized Income
271.70
+8.29%
250.90
+15.36%
217.50
-1.49%
220.80
Net Income Common Stockholders
256.60
+8.82%
235.80
+16.50%
202.40
-1.60%
205.70
Diluted EPS
4.37
+4.30%
4.19
+8.83%
3.85
-2.53%
3.95
Basic EPS
4.39
+4.52%
4.20
+8.81%
3.86
-2.53%
3.96
Basic Average Shares
58.50
+4.28%
56.10
+6.86%
52.50
+0.96%
52.00
Diluted Average Shares
58.70
+4.26%
56.30
+7.03%
52.60
+0.96%
52.10
Diluted NI Availto Com Stockholders
256.60
+8.82%
235.80
+16.50%
202.40
-1.60%
205.70
Depreciation Amortization Depletion Income Statement
298.20
+7.11%
278.40
+9.26%
254.80
+7.37%
237.30
Depreciation And Amortization In Income Statement
298.20
+7.11%
278.40
+9.26%
254.80
+7.37%
237.30
Other Taxes
206.70
-4.13%
215.60
+0.51%
214.50
+19.50%
179.50
Preferred Stock Dividends
14.80
+0.00%
14.80
+0.00%
14.80
+0.00%
14.80
Line Item Trend 2023-09-30
Total Assets
10,313.60
Current Assets
1,076.90
Cash Cash Equivalents And Short Term Investments
5.60
Cash And Cash Equivalents
5.60
Receivables
310.50
Accounts Receivable
192.40
Receivables Adjustments Allowances
-32.50
Other Receivables
128.60
Inventory
279.50
Prepaid Assets
48.20
Other Current Assets
433.10
Total Non Current Assets
9,236.70
Net PPE
6,407.40
Gross PPE
8,909.70
Accumulated Depreciation
-2,502.30
Other Properties
699.60
Goodwill And Other Intangible Assets
1,171.60
Goodwill
1,171.60
Investments And Advances
102.60
Other Investments
102.60
Other Non Current Assets
305.90
Total Liabilities Net Minority Interest
7,396.30
Current Liabilities
1,755.40
Payables And Accrued Expenses
404.20
Payables
357.20
Accounts Payable
253.10
Current Accrued Expenses
47.00
Employee Benefits
153.80
Pensionand Other Post Retirement Benefit Plans Current
—
Total Tax Payable
104.10
Current Debt And Capital Lease Obligation
1,112.10
Current Debt
1,112.10
Other Current Borrowings
156.60
Current Deferred Liabilities
48.60
Current Deferred Revenue
48.60
Other Current Liabilities
190.50
Total Non Current Liabilities Net Minority Interest
5,640.90
Long Term Debt And Capital Lease Obligation
3,554.00
Long Term Debt
3,554.00
Long Term Provisions
577.40
Non Current Pension And Other Postretirement Benefit Plans
137.30
Non Current Deferred Liabilities
743.70
Non Current Deferred Taxes Liabilities
743.70
Other Non Current Liabilities
139.60
Stockholders Equity
2,917.30
Common Stock Equity
2,675.30
Capital Stock
295.20
Common Stock
53.20
Preferred Stock
242.00
Share Issued
53.20
Ordinary Shares Number
53.20
Treasury Shares Number
0.00
Additional Paid In Capital
1,616.50
Retained Earnings
958.00
Gains Losses Not Affecting Retained Earnings
47.60
Minority Interest
—
Other Equity Adjustments
47.60
Total Equity Gross Minority Interest
2,917.30
Total Capitalization
6,471.30
Working Capital
-678.50
Invested Capital
7,341.40
Total Debt
4,666.10
Net Debt
4,660.50
Net Tangible Assets
1,745.70
Tangible Book Value
1,503.70
Current Notes Payable
955.50
Other Inventories
232.30
Preferred Shares Number
10.00
Preferred Stock Equity
242.00
Line Item Trend 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Operating Cash Flow
578.00
-36.65%
912.40
+107.27%
440.20
+700.36%
55.00
Cash Flow From Continuing Operating Activities
578.00
-36.65%
912.40
+107.27%
440.20
+700.36%
55.00
Net Income From Continuing Operations
271.70
+8.29%
250.90
+15.36%
217.50
-1.49%
220.80
Depreciation Amortization Depletion
298.20
+7.11%
278.40
+9.26%
254.80
+7.37%
237.30
Depreciation And Amortization
298.20
+7.11%
278.40
+9.26%
254.80
+7.37%
237.30
Other Non Cash Items
13.10
+57.83%
8.30
-36.15%
13.00
+47.73%
8.80
Asset Impairment Charge
—
—
—
0.00
Deferred Tax
57.30
+0.53%
57.00
+54.47%
36.90
-36.27%
57.90
Deferred Income Tax
57.30
+0.53%
57.00
+54.47%
36.90
-36.27%
57.90
Change In Working Capital
-62.30
-119.60%
317.80
+487.56%
-82.00
+82.55%
-469.80
Change In Receivables
-38.40
-402.36%
12.70
-96.20%
334.20
+1361.13%
-26.50
Changes In Account Receivables
-38.40
-402.36%
12.70
-96.20%
334.20
+1361.13%
-26.50
Change In Inventory
-18.60
-217.72%
15.80
-88.94%
142.80
+221.84%
-117.20
Change In Payables And Accrued Expense
53.50
+322.92%
-24.00
+93.59%
-374.20
-285.34%
201.90
Change In Payable
53.50
+322.92%
-24.00
+93.59%
-374.20
-285.34%
201.90
Change In Account Payable
47.50
+289.24%
-25.10
+93.55%
-389.20
-304.09%
190.70
Change In Other Working Capital
-58.80
-118.77%
313.30
+269.53%
-184.80
+65.00%
-528.00
Investing Cash Flow
-916.40
+10.79%
-1,027.20
-47.69%
-695.50
-27.22%
-546.70
Cash Flow From Continuing Investing Activities
-916.40
+10.79%
-1,027.20
-47.69%
-695.50
-27.22%
-546.70
Capital Expenditure
-922.40
-7.09%
-861.30
-30.01%
-662.50
-19.97%
-552.20
Capital Expenditure Reported
-922.40
-7.09%
-861.30
-30.01%
-662.50
-19.97%
-552.20
Net Business Purchase And Sale
0.00
+100.00%
-175.90
-375.41%
-37.00
0.00
Purchase Of Business
0.00
+100.00%
-175.90
-375.41%
-37.00
0.00
Net Other Investing Changes
6.00
-40.00%
10.00
+150.00%
4.00
-27.27%
5.50
Financing Cash Flow
344.70
+178.21%
123.90
-52.46%
260.60
-47.97%
500.90
Cash Flow From Continuing Financing Activities
344.70
+178.21%
123.90
-52.46%
260.60
-47.97%
500.90
Net Issuance Payments Of Debt
478.00
+1498.66%
29.90
-92.37%
391.80
-35.74%
609.70
Issuance Of Debt
150.00
-69.70%
495.00
-34.44%
755.00
+151.67%
300.00
Repayment Of Debt
-42.00
+90.80%
-456.60
-62.38%
-281.20
-403.94%
-55.80
Long Term Debt Issuance
150.00
-69.70%
495.00
-34.44%
755.00
+151.67%
300.00
Long Term Debt Payments
-42.00
+90.80%
-456.60
-62.38%
-281.20
-403.94%
-55.80
Net Long Term Debt Issuance
108.00
+181.25%
38.40
-91.90%
473.80
+94.02%
244.20
Net Short Term Debt Issuance
370.00
+4452.94%
-8.50
+89.63%
-82.00
-122.44%
365.50
Net Common Stock Issuance
76.20
-73.45%
287.00
+584.96%
41.90
-19.27%
51.90
Common Stock Dividend Paid
-182.20
-9.04%
-167.10
-10.88%
-150.70
-6.20%
-141.90
Cash Dividends Paid
-197.00
-8.30%
-181.90
-9.91%
-165.50
-5.62%
-156.70
Net Other Financing Charges
-12.50
-12.61%
-11.10
-46.05%
-7.60
-90.00%
-4.00
Changes In Cash
6.30
-30.77%
9.10
+71.70%
5.30
-42.39%
9.20
Beginning Cash Position
34.90
+35.27%
25.80
+25.85%
20.50
+81.42%
11.30
End Cash Position
41.20
+18.05%
34.90
+35.27%
25.80
+25.85%
20.50
Free Cash Flow
-344.40
-773.97%
51.10
+122.99%
-222.30
+55.29%
-497.20
Interest Paid Supplemental Data
207.10
+0.73%
205.60
+15.83%
177.50
+48.04%
119.90
Income Tax Paid Supplemental Data
2.90
+222.22%
0.90
-55.00%
2.00
+11.11%
1.80
Change In Income Tax Payable
6.00
+445.45%
1.10
-92.67%
15.00
+33.93%
11.20
Change In Tax Payable
6.00
+445.45%
1.10
-92.67%
15.00
+33.93%
11.20
Common Stock Issuance
76.20
-73.45%
287.00
+584.96%
41.90
-19.27%
51.90
Issuance Of Capital Stock
76.20
-73.45%
287.00
+584.96%
41.90
-19.27%
51.90
Preferred Stock Dividend Paid
-14.80
+0.00%
-14.80
+0.00%
-14.80
+0.00%
-14.80
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category