Spire Inc.

SR Utilities Utilities Regulated Gas

Spire Inc.’s revenue for fiscal 2025 (year ended September 2025) was $2.5 billion, down 4.50% from fiscal 2024.

Revenue
−0.40%
EPS
+1,131.0%
Free cash flow
+0.22%
Total debt
+54.1%

Quarter to June 2026, against a year earlier

88.67 0.57 −0.64%
Market cap
$5.3B
P/E
9.9×
Fwd P/E
21.9×
Dividend yield
3.70%
F-score
6/9
Altman Z
0.66
Beneish M
−2.55
Dividend safety
35/100

Spire Inc. (SR) Debt to equity

Alert me on Debt to equity

Spire Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 1.7×, up 0.5× from fiscal 2025 (1.1×). Over the past ten years it has ranged from 0.8× (fiscal 2019) to 1.3× (fiscal 2023); the current reading is higher than 55% of that period. That is above the Utilities Regulated Gas industry median of 1.2× and above the Utilities sector median of 1.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 1.1× (1.81%)
FY2024 1.2× (8.88%)
FY2023 1.3× 10.66%
FY2022 1.1× 2.01%
FY2021 1.1× 14.40%
FY2020 1.0× 17.99%
FY2019 0.8× (9.30%)
FY2018 0.9× (12.53%)
FY2017 1.1× (10.16%)
FY2016 1.2× (0.47%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 1.7× (4.67%)
Mar 2026 1.8× 22.05%
Dec 2025 1.4× 26.41%
Sep 2025 1.1× 1.78%
42 more quarters

Against its own ten years

Low 0.8× High 1.3×
Ten-year median 1.1×
Current reading's percentile 55

Debt to equity against peers

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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