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Spire SR Gas Utility — Interest Expense

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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
Debt / equity+0.7×
Current ratio0.4×0.0×

Where this comes from

Reported directly by Spire in its filing.

Tagged under the XBRL concept us-gaap:InterestExpense.

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

Filed
Aug 5, 2026, 11:59 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-334335
(In millions)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Nine Months Ended June 30, 2026Nine Months Ended June 30, 2025
Cost of gas sold, incl. gross receipts taxes131.4124.5904.7891.7
Operation and maintenance expense134.8114.1376.5351.9
Depreciation and amortization expense92.370.0248.7207.6
Interest expense44.633.2116.7102.1
Income tax (benefit) expense(3.4)(3.0)77.158.3
Other segment items(a)31.623.790.672.3
Other net loss(b)(31.5)(3.3)(61.8)(14.9)
Net income from discontinued operations, net of tax253.834.2325.663.4

Item 1. Financial Statements

FAQ

What is Spire's gas utility — interest expense?
Spire (SR) reported gas utility — interest expense of $44.6M in Q2 2026.
How has Spire's gas utility — interest expense changed year-over-year?
Spire's gas utility — interest expense increased by 34.3% year-over-year, from $33.2M to $44.6M.
What is the long-term trend for Spire's gas utility — interest expense?
Over 4 years (2021 to 2025), Spire's gas utility — interest expense has grown at a 16.4% compound annual growth rate (CAGR), from $74.7M to $137.1M.
What does gas utility — interest expense mean?
Represents the cost of debt financing incurred by the utility segment to fund operations and capital-intensive infrastructure projects. Monitoring this metric helps assess the financial leverage and interest burden on the segment's earnings.

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