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Spire SR Gas Utility — Regulated Operating Revenue Gas

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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%

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:RegulatedOperatingRevenueGas.

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 — regulated operating revenue gas?
Spire (SR) reported gas utility — regulated operating revenue gas of $1.01B in Q1 2026.
How has Spire's gas utility — regulated operating revenue gas changed year-over-year?
Spire's gas utility — regulated operating revenue gas increased by 4.6% year-over-year, from $970.2M to $1.01B.
What is the long-term trend for Spire's gas utility — regulated operating revenue gas?
Over 4 years (2021 to 2025), Spire's gas utility — regulated operating revenue gas has grown at a 1.0% compound annual growth rate (CAGR), from $2.12B to $2.21B.
What does gas utility — regulated operating revenue gas mean?
This metric captures the operating revenue derived specifically from the regulated distribution and sale of natural gas. It serves as the primary indicator of the core business performance for the utility segment under regulatory oversight. Investors use this to evaluate the stability and predictability of cash flows generated from the company's core utility assets.