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SR · NYSE · United States · Natural Gas Distribution
In shortSPIRE INC is profitable, burns cash and carries moderate debt, with revenue shrinking (−4.5% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 21.2% | 87/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 11.0% | 64/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 8.2% | 41/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 5.9% | 40/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.32× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.14× | 48/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 4.68× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 2.57× | 10/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 0.06 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -13.9% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | -1.27× | 0/100 |
| Years with positive free cash flow (last 5) | 1 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 13.1% | 63/100 |
| Operating margin volatility | 2.1% | 90/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 4.0% | 39/100 |
|---|---|---|
| EPS growth, 3-year average | 3.4% | 42/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 2,236 | 2,199 | 2,666 | 2,593 | 2,476 |
| Cost of revenue | – | – | 1,393 | 1,232 | 1,021 |
| Gross profit | – | – | 1,274 | 1,362 | 1,455 |
| Operating income | 450 | 408 | 419 | 488 | 524 |
| Interest expense | 107 | 120 | 186 | 201 | 204 |
| Pre-tax income | 340 | 280 | 256 | 310 | 331 |
| Income tax | 69 | 59 | 39 | 59 | 60 |
| Net income | 272 | 221 | 218 | 251 | 272 |
| Diluted EPS | $4.96 | $3.95 | $3.85 | $4.19 | $4.37 |
| Diluted shares (millions) | 52 | 52 | 0 | 0 | 0 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
0.06 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated May 6, 2026