Skip to content

Spire SR Regulatory liabilities

Regulatory liabilities at other companies

Ameren logo
AmerenAEE
$6.25B+5.0%
OGS
ONE GASOGS
$21.64M-45.4%
BKH
Black HillsBKH
$85.9M-13.2%
MDU Resources Group logo
MDU Resources GroupMDU
$148.41M+5.9%
Xcel Energy logo
Xcel EnergyXEL
$701M-14.0%
CMS
CMS EnergyCMS
$87M-12.1%

Other financials

Income statement

See full
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

See full
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

See full
Operating cash flow$410.4M+10.1%
CapEx$192.2M-12.1%
Free cash flow$218.2M

Valuation

See full
Market cap$4.55B+17.2%
Enterprise value$12.22B+46.0%
P/E7.5×-2.1×
P/S1.8×+0.2×

Profitability

See full
Operating margin22.6%+3.0pp
Net margin12.7%+3.2pp
FCF margin-8.8%

Returns & leverage

See full
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:RegulatoryLiabilityCurrent.

The official record: Spire’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about Spire's regulatory liabilities.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Spire's regulatory liabilities?
Spire (SR) reported regulatory liabilities of $12.6M in Q1 2026.
How has Spire's regulatory liabilities changed year-over-year?
Spire's regulatory liabilities decreased by 75.6% year-over-year, from $51.6M to $12.6M.
What is the long-term trend for Spire's regulatory liabilities?
Over 5 years (2020 to 2025), Spire's regulatory liabilities has grown at a -19.0% compound annual growth rate (CAGR), from $113M to $39.4M.
What does regulatory liabilities mean?
These are obligations recognized by regulated utilities to refund or credit ratepayers in future periods, often resulting from differences between actual costs incurred and amounts previously collected through regulated rates. This account is central to the ratemaking process, representing deferred revenue or cost-recovery adjustments mandated by utility commissions. It serves as a key indicator of the company's regulatory environment and the timing of future cash flow adjustments related to utility operations.