Spire (SR) reported D&A of $87.7M in Q1 2026.

How has Spire's D&A changed year-over-year?

Spire's D&A increased by 19.0% year-over-year, from $73.7M to $87.7M.

What is the long-term trend for Spire's D&A?

Over 4 years (2021 to 2025), Spire's D&A has grown at a 8.8% compound annual growth rate (CAGR), from $213.1M to $298.2M.

Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

Spire SR D&A

D&A at other companies

Southern CompanySO

$1.58B+12.0%

AmerenAEE

$417M+5.6%

BKH

Black HillsBKH

$74.8M+8.1%

MDU Resources GroupMDU

$54.18M+5.7%

Xcel EnergyXEL

$767M+4.5%

UGIUGI

$138M0.0%

Segments

By segment

See full

Gas Utility$81.6M+17.4%

Other financials

Income statement

See full

Revenue$1.0B-3.0%

Gross profit$419.6M+12.7%

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

See full

Market cap$4.55B+17.2%

Profitability

See full

Operating margin22.6%+3.0pp

Net margin12.7%+3.2pp

FCF margin-8.8%—

Returns & leverage

See full

Return on equity10.6%+1.8pp

Debt / equity2.3×+1.0×

Current ratio0.5×+0.1×

Where this comes from

Reported directly by Spire in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: Spire’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Spire's D&A?: Spire (SR) reported D&A of $87.7M in Q1 2026.
How has Spire's D&A changed year-over-year?: Spire's D&A increased by 19.0% year-over-year, from $73.7M to $87.7M.
What is the long-term trend for Spire's D&A?: Over 4 years (2021 to 2025), Spire's D&A has grown at a 8.8% compound annual growth rate (CAGR), from $213.1M to $298.2M.
What does D&A mean?: Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.