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Company Analysis

Spire Inc. SR

A comprehensive view of key metrics, scores, and financial health for Spire Inc.

Overview of Spire Inc.

SR NYQ
Utilities Utilities - Regulated Gas Framework: Regulated Utilities Mid Cap
Spire Inc. (SR), is a Mid Cap company, in the Utilities - Regulated Gas industry, last closed at $88.87, about 20.3% overvalued vs fair value, +0.2% 1Y return, ranked 95/117 in sector.
Metrics P/E 18.6× Rev Growth -4.5% ROE 8.2% Gross Margin 41.5% Div Yield 4.09%
USD 88.87
0.99%
(Delayed)
• Vol 90d: 19.9%
52-Week Range
Market Cap
$5.25B
Enterprise Value
$12.49B
Overall Score
View breakdown
Overall
Growth
Good
Profitability
Fair
Health
Weak
Efficiency
Fair
Valuation
Fair
Growth
Good
Profitability
Fair
Health
Weak
Efficiency
Fair
Valuation
Fair
Completeness: 94%
Confidence: 94%
Updated: Oct 31
Top Beats

Quick Facts

Website https://www.spireenergy.com
HQ Saint Louis, MO
Employees 3,497
Fiscal year Sep 30

Next Events

Earnings Nov 17 Call: Nov 17

Fair Value Snapshot

Bear Base Bull
$58
$71
$83
Current: $88.87 -20% vs base

Engine Room Money Flow™

Mid Cap

Regulated Utilities - Where revenue goes and how value is created

Flow Steps
Total Revenue
$2.5B
-4.5%%
EBITDA
$833.7M
5.7%%
Operating Income (EBIT)
$523.9M
7.3%%
Net Income
$271.7M
8.3%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Regulated Utilities

Quality & Reliability Indicators

FFO / Total Debt
12.1%
Fair

FFO ÷ Total Debt — the primary S&P/Moody's credit metric for utility ratings. >15% is investment-grade; >20% signals strong credit quality.

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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$197.0M
31.4% of FFO

Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
4
Active Leaks
1/4
Improving
0
High Impact
1
Critical
Locked Leak
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Locked Leak
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Moat Analysis Regulated Utilities

Competitive Advantage Assessment

Evaluating Spire Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
53
/100
Moderate
Scores based on quantitative metrics and qualitative factors
Full moat analysis

Key strengths

  • Predictable Regulated Cash Flows Margin stability is high (score 0.88), reflecting the contractual nature of regulated tariffs.

Key risks

  • Leverage Above Peer Norms Leverage is elevated vs peers (score 0.19), constraining financial flexibility.
  • Weak Return on Invested Capital ROIC is weak vs peers (score 0.38), raising capital efficiency concerns.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Regulatory Franchise

Strong
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Signals, strengths and risks for Regulatory Franchise

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Signals, strengths and risks for Rate-Base Return Quality

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Signals, strengths and risks for Dividend Sustainability

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Signals, strengths and risks for Capital Structure Discipline

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Signals, strengths and risks for Operational Efficiency

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Signals, strengths and risks for Essential Service Resilience

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Regulated Utilities vs Industry Peers 100% Coverage
Trade-Off Triangle Visualization A ternary plot showing SR's balance between Growth (32.7%), Profitability (37.3%), and Safety (30.0%). Growth 33% Safety 30% Profitability 37%

Click axes to expand details. Marker shows current allocation.

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Growth

34th percentile vs peers
34
Key Signals
Asset Growth YoY 6.6% 37p Revenue CAGR 3Y 4.0% 48p EPS Growth YoY 4.4% 46p Equity Growth YoY 5.2% 43p Rev Growth YoY -4.5% 9p
Strengths

No notable strengths identified for this axis.

Risks
  • Rev Growth YoY in bottom 20% of peers (-4.5%)
  • Growth below peer median (percentile: 34)

Profitability

39th percentile vs peers
39
Key Signals
Strengths
Risks
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Safety

31th percentile vs peers
31
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Spire Inc..

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$70.79
- - -
-20.3% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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