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Spire SR Gas Utility — Utilities Operating Expense Maintenance And Operations

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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:UtilitiesOperatingExpenseMaintenanceAndOperations.

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
Less:
Significant segment expenses:
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

Item 1. Financial Statements

FAQ

What is Spire's gas utility — utilities operating expense maintenance and operations?
Spire (SR) reported gas utility — utilities operating expense maintenance and operations of $134.8M in Q2 2026.
How has Spire's gas utility — utilities operating expense maintenance and operations changed year-over-year?
Spire's gas utility — utilities operating expense maintenance and operations increased by 18.1% year-over-year, from $114.1M to $134.8M.
What is the long-term trend for Spire's gas utility — utilities operating expense maintenance and operations?
Over 2 years (2023 to 2025), Spire's gas utility — utilities operating expense maintenance and operations has grown at a 0.6% compound annual growth rate (CAGR), from $461.8M to $467.1M.
What does gas utility — utilities operating expense maintenance and operations mean?
Captures the recurring costs associated with the day-to-day operation and maintenance of utility infrastructure, such as pipelines and distribution networks. These expenses reflect the operational efficiency of maintaining safe and reliable service delivery for the gas utility segment.

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