Where do Spire's ratios come from?

Every ratio is computed from Spire's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Spire SR Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q2 '26	Q1 '26	Q4 '25	Q3 '25	Q2 '25
Profitability
Operating margin	22.6%+1.3pp	21.4%+0.2pp	21.2%0.0pp	21.2%+1.5pp	19.7%-0.2pp
Returns
Return on invested capital	6.1%-0.6pp	6.7%+0.2pp	6.5%-0.1pp	6.7%+0.5pp	6.2%-0.2pp
Efficiency
Asset turnover	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×
Liquidity
Current ratio	0.5×-0.1×	0.6×+0.3×	0.3×-0.1×	0.4×-0.1×	0.4×-0.1×
Leverage
Debt-to-equity	2.3×+0.8×	1.4×0.0×	1.4×+0.1×	1.3×+0.1×	1.2×-0.2×
Net debt / EBITDA	8.6×+2.9×	5.7×-0.1×	5.8×+0.2×	5.6×-0.1×	5.7×-0.5×
Per Share
Book value per share	$57.73-0.4%	$57.98+0.4%	$57.74-1.9%	$58.89-1.8%	$59.98+5.0%
Valuation
Market capitalization	$5.35B+9.5%	$4.89B+1.6%	$4.81B+9.4%	$4.4B-3.7%	$4.57B+16.5%
Price / sales	2.1×+0.2×	1.9×0.0×	1.9×+0.1×	1.8×-0.1×	1.9×+0.3×
Price / book	1.6×+0.1×	1.4×0.0×	1.4×+0.2×	1.3×0.0×	1.3×+0.1×
EV / EBITDA	14.5×+3.2×	11.4×-0.2×	11.6×+0.6×	11×-0.6×	11.6×+0.4×
Dividend yield	3.5%-0.3pp	3.8%0.0pp	3.8%-0.3pp	4.1%+0.2pp	3.9%-0.5pp

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Where do Spire's ratios come from?: Every ratio is computed from Spire's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.