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Spire SR Debt-to-equity

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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
Current ratio0.4×0.0×

Where this comes from

Calculated from Spire’s reported figures.

Based on the most recent quarter.

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

Filed
Aug 5, 2026, 11:59 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-334335

FAQ

What is Spire's debt-to-equity?
Spire (SR) reported debt-to-equity of 2× in Q2 2026.
How has Spire's debt-to-equity changed year-over-year?
Spire's debt-to-equity increased by 51.3% year-over-year, from 1.3× to 2×.
What is the long-term trend for Spire's debt-to-equity?
Over 4 years (2021 to 2025), Spire's debt-to-equity has grown at a 0.4% compound annual growth rate (CAGR), from 1.4× to 1.4×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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