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
Follow SR
Alert me
Spire Inc. (SR) Gross margin
Spire Inc.'s gross margin over the twelve months to 30 June 2026 was 69.2%, up 5.7 percentage points from fiscal 2025 (63.4%). Over the past ten years it has ranged from 52.7% (fiscal 2023) to 68.0% (fiscal 2016); the current reading is higher than 82% of that period. That is above the Utilities Regulated Gas industry median of 63.3% and above the Utilities sector median of 58.0%.
Gross margin, annual
Embed this chart
Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 63.4% | 5.98 |
| FY2024 | 57.5% | 4.74 |
| FY2023 | 52.7% | (5.27) |
| FY2022 | 58.0% | 0.31 |
| FY2021 | 57.7% | (4.81) |
| FY2020 | 62.5% | 5.52 |
| FY2019 | 57.0% | 1.32 |
| FY2018 | 55.6% | (11.59) |
| FY2017 | 67.2% | (0.75) |
| FY2016 | 68.0% | 12.63 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 75.9% | 14.67 |
| Mar 2026 | 61.3% | 2.28 |
| Dec 2025 | 59.0% | (49.11) |
| Sep 2025 | 108.1% | 47.17 |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| SWX Southwest Gas Corporation compare | 86.4% |
| NWN Northwest Natural Gas Company compare | 70.7% |
| SR Spire Inc. | 69.2% |
| OGS ONE Gas, Inc. compare | 63.4% |
| MDU MDU Resources Group, Inc. compare | 58.7% |
| NJR NewJersey Resources Corporation compare | 57.2% |
| UGI UGI Corporation compare | 51.3% |
| CPK Chesapeake Utilities Corporation compare | 0.00% |
| BKH Bright Horizon Energy Corporation compare | 0.00% |
| Utilities Regulated Gas industry median | 63.3% |
| Utilities sector median | 58.0% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on SR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- 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
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement