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Spire SR Natural gas for sale

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Other financials

Income statement

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Revenue$420.2M-0.4%
Gross profit$419.6M+12.7%
Operating income$23.4M+5.9%
Net income$211.2M+911%
EPS (diluted)$3.57+1,131%

Balance sheet

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Cash & equivalents$20.7M+58.0%
Total debt$7.0B+55.8%
Total equity$3.6B+3.0%
Total assets$14.1B+23.6%

Cash flow

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Operating cash flow$122.2M-5.3%
CapEx$213.4M-3.2%
Free cash flow$218.2M

Valuation

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Market cap$4.78B+8.2%
Enterprise value$11.78B+32.2%
P/E7.8×-2.2×
P/S1.9×+0.1×

Profitability

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Operating margin23.2%+4.0pp
Net margin12.7%+3.2pp
FCF margin-8.8%

Returns & leverage

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Return on equity10.6%+1.8pp
Debt / equity+0.7×
Current ratio0.4×0.0×

Where this comes from

Reported directly by Spire in its filing.

Tagged under the XBRL concept us-gaap:EnergyRelatedInventoryNaturalGasInStorage.

The source filing: Spire’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 11:59 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-334335
(Dollars in millions, except per share amounts)June 30, 2026September 30, 2025June 30, 2025
Allowance for credit losses(30.4)(28.8)(33.8)
Delayed customer billings29.513.618.3
Inventories:
Natural gas155.7192.8133.0
Propane gas8.68.68.6
Materials and supplies45.447.046.5
Regulatory assets78.678.335.0
Prepayments63.646.158.7

Item 1. Financial Statements

FAQ

What is Spire's natural gas for sale?
Spire (SR) reported natural gas for sale of $155.7M in Q2 2026.
How has Spire's natural gas for sale changed year-over-year?
Spire's natural gas for sale increased by 17.1% year-over-year, from $133M to $155.7M.
What is the long-term trend for Spire's natural gas for sale?
Over 4 years (2021 to 2025), Spire's natural gas for sale has grown at a -7.9% compound annual growth rate (CAGR), from $267.7M to $192.8M.
What does natural gas for sale mean?
This reflects the value of natural gas held in underground storage facilities to meet seasonal demand and ensure supply reliability. It is a vital component of the utility's supply chain management and hedging strategy against price volatility. Investors monitor this to gauge the company's preparedness for peak winter heating seasons.

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