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Spire SR Gas Utility — Segment Expenditure Addition To Long Lived Assets

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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:SegmentExpenditureAdditionToLongLivedAssets.

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
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
Net income$211.2$20.9$588.4$311.5
Capital expenditures$206.0$213.0$590.6$608.1

Item 1. Financial Statements

FAQ

What is Spire's gas utility — segment expenditure addition to long lived assets?
Spire (SR) reported gas utility — segment expenditure addition to long lived assets of $206M in Q2 2026.
What does gas utility — segment expenditure addition to long lived assets mean?
This metric measures the capital investment directed toward the acquisition, construction, or improvement of long-lived physical assets within the gas utility segment. It serves as a primary indicator of the company's commitment to infrastructure maintenance, system safety, and capacity expansion. High levels of expenditure typically signal ongoing investment in grid modernization and regulatory compliance requirements.

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