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Spire SR Gas Utility — Income Tax Expense Benefit

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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%
Enterprise value$12.22B+46.0%
P/E7.5×-2.1×
P/S1.8×+0.2×

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:IncomeTaxExpenseBenefit.

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 gas utility — income tax expense benefit?
Spire (SR) reported gas utility — income tax expense benefit of $56.4M in Q1 2026.
How has Spire's gas utility — income tax expense benefit changed year-over-year?
Spire's gas utility — income tax expense benefit increased by 24.8% year-over-year, from $45.2M to $56.4M.
What does gas utility — income tax expense benefit mean?
The total provision for income taxes related to the earnings of the gas utility segment. This reflects the tax impact on the segment's profitability after accounting for regulatory and jurisdictional tax requirements.