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
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Spire Inc. (SR) 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 | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| OGS ONE Gas, Inc. compare | 0.8× |
| SWX Southwest Gas Corporation compare | 0.9× |
| MDU MDU Resources Group, Inc. compare | 0.9× |
| CPK Chesapeake Utilities Corporation compare | 1.0× |
| BKH Bright Horizon Energy Corporation compare | 1.1× |
| UGI UGI Corporation compare | 1.3× |
| NJR NewJersey Resources Corporation compare | 1.4× |
| SR Spire Inc. | 1.7× |
| NWN Northwest Natural Gas Company compare | 1.8× |
| Utilities Regulated Gas industry median | 1.2× |
| Utilities sector median | 1.2× |
| Market median | 0.1× |
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)
More on SR
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- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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- Piotroski F-score
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- The full statement