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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$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:UtilitiesOperatingExpenseMaintenanceAndOperations.

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 — utilities operating expense maintenance and operations?
Spire (SR) reported gas utility — utilities operating expense maintenance and operations of $122M in Q1 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 decreased by 0.7% year-over-year, from $122.8M to $122M.
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.