Friday 6 November 2026 Export SR’s income statement to Excel — free account

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

88.84 0.40 −0.45%

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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

Overview

Spire Inc. (SR) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Spire Inc. (SR) trades at a P/B ratio of 1.5×. Over the past ten years it has ranged from 1.0× (April 2024) to 1.9× (November 2017); the current reading is higher than 47% of that period. That is below the Utilities Regulated Gas industry median of 1.6× and below the Utilities sector median of 1.7×.

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<iframe src="https://stockrow.com/embed/SR/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Spire Inc. P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/SR/metrics/pb-ratio">Spire Inc. (SR) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	1.5×	20.04%
FY2024	1.3×	17.48%
FY2023	1.1×	(14.59%)
FY2022	1.3×	(3.72%)
FY2021	1.3×	9.38%
FY2020	1.2×	(37.86%)
FY2019	1.9×	22.51%
FY2018	1.6×	(11.36%)
FY2017	1.8×	11.34%
FY2016	1.6×	6.19%

Period	P/B ratio	Change
Jun 2026	1.3×	(17.73%)
Mar 2026	1.6×	2.21%
Dec 2025	1.5×	0.92%
Sep 2025	1.5×	14.13%
42 more quarters	Free account

Against its own ten years

Low 1.0× High 1.9×

Ten-year median 1.5×

Current reading's percentile 46

Company	P/B ratio
MDU MDU Resources Group, Inc. compare	1.3×
NWN Northwest Natural Gas Company compare	1.4×
OGS ONE Gas, Inc. compare	1.5×
SR Spire Inc.	1.5×
UGI UGI Corporation compare	1.5×
BKH Bright Horizon Energy Corporation compare	1.6×
SWX Southwest Gas Corporation compare	1.6×
CPK Chesapeake Utilities Corporation compare	2.0×
NJR NewJersey Resources Corporation compare	2.1×
Utilities Regulated Gas industry median	1.6×
Utilities sector median	1.7×
Market median	1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

Spire Inc. (SR) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

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P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on SR

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