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Spire SR Utility taxes

Utility taxes at other companies

Essential Utilities logo
Essential UtilitiesWTRG
$25.98M+13.6%
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ONE GASOGS
$24.81M-1.7%
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PopularBPOP
$17.68M-5.6%
AWK
American Water WorksAWK
$86M-1.1%
Marathon Digital Holdings logo
Marathon Digital HoldingsMARA
$2.43M-21.5%
Xcel Energy logo
Xcel EnergyXEL
$183M+7.6%

Other financials

Income statement

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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

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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

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

Valuation

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Market cap$4.55B+17.2%

Profitability

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Operating margin22.6%+3.0pp
Net margin12.7%+3.2pp
FCF margin-8.8%

Returns & leverage

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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:UtilitiesOperatingExpenseTaxes.

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 utility taxes?
Spire (SR) reported utility taxes of $83.1M in Q1 2026.
How has Spire's utility taxes changed year-over-year?
Spire's utility taxes increased by 9.5% year-over-year, from $75.9M to $83.1M.
What is the long-term trend for Spire's utility taxes?
Over 3 years (2021 to 2025), Spire's utility taxes has grown at a 8.7% compound annual growth rate (CAGR), from $160.1M to $205.7M.
What does utility taxes mean?
This metric encompasses all tax obligations incurred by the utility segment, excluding income taxes, such as property taxes, payroll taxes, and gross receipts taxes. These costs are typically treated as operating expenses and are often recoverable through regulated rate structures. It serves as an indicator of the tax burden imposed by the jurisdictions in which the utility operates.