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Spire

SR

Spire Inc. is a public utility holding company that provides natural gas services through regulated distribution, marketing, and midstream operations.

Market cap
$4.87B+11.6%
Revenue$2.5B+4.5%
Net income$607.4M+69.6%
Free cash flow-$222.6M-1,303%
EPS (diluted)$9.94+61.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$394.6M
EPS estimate-$0.25

Financials

Q2 2026

Income statement

See full
Revenue$1.0B-3.0%
Operating income$303.5M+9.2%
Net income$282.2M+34.8%
EPS (diluted)$4.60+31.1%

Balance sheet

See full
Cash & equivalents$49.5M+226%
Total debt$7.7B+76.9%
Total equity$3.4B-2.6%
Total assets$14.7B+29.3%

Cash flow

See full
Operating cash flow$410.4M+10.1%
CapEx$192.2M-12.1%
Free cash flow$218.2M

Valuation & ratios

Valuation

See full
Market cap$4.87B+11.6%
Enterprise value$12.54B+39.9%
P/E
P/S1.9×+0.1×

Profitability

See full
Operating margin22.6%+3.0pp
FCF margin-8.8%

Returns & leverage

See full
Debt / equity2.3×+1.0×
Current ratio0.5×+0.1×

Segments

By product

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Residential$690.7M+1.7%
Commercial And Industrial$227.4M+1.1%
Transportation$40.2M+7.5%
Offsystem And Other Inventive$30.7M+35.2%
Other Customer Revenue$4.9M-62.0%

By segment

See full
Gas Utility$992.7M+1.6%

Competitors

Profile

Spire Inc. is a public utility holding company that provides natural gas services through regulated distribution, marketing, and midstream operations. The company serves as a critical energy provider in the Midwest and Southeast, focusing on infrastructure investment and the reliable delivery of natural gas to residential and industrial customers.

Competitive position

Spire is the largest natural gas distribution utility in Missouri and Alabama, maintaining a dominant market position through exclusive or primary franchise rights in its service territories.

GeographiesUnited States, Missouri, Alabama, Mississippi, Wyoming, Oklahoma
Customer segmentsResidential, Commercial, Industrial, Wholesale Energy
Business modelRegulated Utility, Fee-for-service Infrastructure, Commodity Marketing
SuppliersNatural Gas Producers, Interstate Pipeline Operators, Wholesale Gas Marketers
CustomersResidential Homeowners, Commercial Businesses, Industrial Manufacturers, Power Generation Plants
Listed1950
Employees3.6K
CEOScott E. Doyle
SectorUtilities
FilingsSEC EDGAR

Questions, answered.

What is Spire's market cap?
Spire (SR) has a market capitalization of $4.9B and trades on NYSE.
What is Spire's revenue and profitability?
Spire generated $2.5B in trailing twelve-month revenue with net income of $607.4M, representing a net margin of 12.7%, with free cash flow of -$222.6M. These figures are based on the Q1 2026 filing.
Who are Spire's competitors?
Spire's key competitors include Southern Company, Ameren Corporation, ONE GAS, INC., and others. These companies compete in similar markets and product categories.
Who does Spire partner with?
Spire's notable partners include BP Energy Company, Southern Star Central Gas Pipeline, Inc., Rockies Express Pipeline, LLC.
What subsidiaries does Spire have?
Spire's subsidiaries include Spire Missouri Inc., Spire Alabama Inc., Spire Marketing Inc., and others.
Where is Spire headquartered?
Spire is headquartered in United States of America and employs approximately 3,589 people. It has been publicly traded since 1950.