SPIRE INC (SR) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:SR • US84857L1017
85.05 USD
-0.27 (-0.32%)
Last: Feb 3, 2026, 03:46 PM
SR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 14 industry peers in the Gas Utilities industry. While SR is still in line with the averages on profitability rating, there are concerns on its financial health. SR is not valued too expensively and it also shows a decent growth rate. Finally SR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- SR had positive earnings in the past year.
- SR had a positive operating cash flow in the past year.
- Each year in the past 5 years SR has been profitable.
- Each year in the past 5 years SR had a positive operating cash flow.
1.2 Ratios
- SR has a Return On Assets of 2.22%. This is in the lower half of the industry: SR underperforms 78.57% of its industry peers.
- SR has a Return On Equity of 7.57%. This is in the lower half of the industry: SR underperforms 71.43% of its industry peers.
- With a Return On Invested Capital value of 4.13%, SR is not doing good in the industry: 78.57% of the companies in the same industry are doing better.
- SR had an Average Return On Invested Capital over the past 3 years of 3.88%. This is below the industry average of 8.42%.
- The last Return On Invested Capital (4.13%) for SR is above the 3 year average (3.88%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.22% | ||
| ROE | 7.57% | ||
| ROIC | 4.13% |
ROA(3y)2.12%
ROA(5y)2.23%
ROE(3y)7.27%
ROE(5y)7.75%
ROIC(3y)3.88%
ROIC(5y)3.96%
1.3 Margins
- SR's Profit Margin of 10.36% is in line compared to the rest of the industry. SR outperforms 50.00% of its industry peers.
- In the last couple of years the Profit Margin of SR has grown nicely.
- SR's Operating Margin of 21.16% is fine compared to the rest of the industry. SR outperforms 64.29% of its industry peers.
- In the last couple of years the Operating Margin of SR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.16% | ||
| PM (TTM) | 10.36% | ||
| GM | N/A |
OM growth 3Y4.45%
OM growth 5Y2.03%
PM growth 3Y3.46%
PM growth 5Y21.14%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SR is destroying value.
- The number of shares outstanding for SR has been increased compared to 1 year ago.
- Compared to 5 years ago, SR has more shares outstanding
- The debt/assets ratio for SR is higher compared to a year ago.
2.2 Solvency
- SR has an Altman-Z score of 0.68. This is a bad value and indicates that SR is not financially healthy and even has some risk of bankruptcy.
- SR has a Altman-Z score of 0.68. This is in the lower half of the industry: SR underperforms 64.29% of its industry peers.
- SR has a Debt/Equity ratio of 1.38. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 1.38, SR perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.68 |
ROIC/WACC0.67
WACC6.19%
2.3 Liquidity
- SR has a Current Ratio of 0.32. This is a bad value and indicates that SR is not financially healthy enough and could expect problems in meeting its short term obligations.
- SR has a Current ratio of 0.32. This is amonst the worse of the industry: SR underperforms 85.71% of its industry peers.
- SR has a Quick Ratio of 0.32. This is a bad value and indicates that SR is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of SR (0.21) is worse than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
- SR shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.66%.
- Measured over the past 5 years, SR shows a small growth in Earnings Per Share. The EPS has been growing by 3.46% on average per year.
- The Revenue has decreased by -4.50% in the past year.
- SR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.94% yearly.
EPS 1Y (TTM)5.66%
EPS 3Y4.64%
EPS 5Y3.46%
EPS Q2Q%12.96%
Revenue 1Y (TTM)-4.5%
Revenue growth 3Y4.05%
Revenue growth 5Y5.94%
Sales Q2Q%13.72%
3.2 Future
- SR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.11% yearly.
- The Revenue is expected to grow by 2.02% on average over the next years.
EPS Next Y22.24%
EPS Next 2Y14.82%
EPS Next 3Y12.27%
EPS Next 5Y9.11%
Revenue Next Year7.93%
Revenue Next 2Y8.41%
Revenue Next 3Y7.55%
Revenue Next 5Y2.02%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- SR is valuated rather expensively with a Price/Earnings ratio of 18.98.
- SR's Price/Earnings is on the same level as the industry average.
- The average S&P500 Price/Earnings ratio is at 28.41. SR is valued slightly cheaper when compared to this.
- A Price/Forward Earnings ratio of 15.53 indicates a correct valuation of SR.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of SR indicates a somewhat cheap valuation: SR is cheaper than 64.29% of the companies listed in the same industry.
- SR is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.64, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.98 | ||
| Fwd PE | 15.53 |
4.2 Price Multiples
- SR's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.81 |
4.3 Compensation for Growth
- SR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- SR's earnings are expected to grow with 12.27% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.85
PEG (5Y)5.49
EPS Next 2Y14.82%
EPS Next 3Y12.27%
5. Dividend
5.1 Amount
- SR has a Yearly Dividend Yield of 6.40%, which is a nice return.
- SR's Dividend Yield is rather good when compared to the industry average which is at 3.89. SR pays more dividend than 100.00% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.83, SR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.4% |
5.2 History
- The dividend of SR has a limited annual growth rate of 4.02%.
- SR has been paying a dividend for at least 10 years, so it has a reliable track record.
- SR has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.02%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
- SR pays out 76.77% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of SR is growing, but earnings are growing more, so the dividend growth is sustainable.
DP76.77%
EPS Next 2Y14.82%
EPS Next 3Y12.27%
NYSE:SR (2/3/2026, 3:46:05 PM)
85.05
-0.27 (-0.32%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)11-14 2025-11-14/bmo
Earnings (Next)02-03 2026-02-03/bmo
Inst Owners95.61%
Inst Owner Change-2.73%
Ins Owners0.31%
Ins Owner Change0.89%
Market Cap5.02B
Revenue(TTM)2.48B
Net Income(TTM)256.60M
Analysts82.35
Price Target95.37 (12.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.4% |
Yearly Dividend3.38
Dividend Growth(5Y)4.02%
DP76.77%
Div Incr Years10
Div Non Decr Years10
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)51.26%
Min EPS beat(2)-7.62%
Max EPS beat(2)110.14%
EPS beat(4)1
Avg EPS beat(4)22.37%
Min EPS beat(4)-8.17%
Max EPS beat(4)110.14%
EPS beat(8)3
Avg EPS beat(8)12.77%
EPS beat(12)5
Avg EPS beat(12)-2715.86%
EPS beat(16)7
Avg EPS beat(16)-2041.12%
Revenue beat(2)1
Avg Revenue beat(2)-11.11%
Min Revenue beat(2)-23.15%
Max Revenue beat(2)0.93%
Revenue beat(4)1
Avg Revenue beat(4)-13.54%
Min Revenue beat(4)-23.15%
Max Revenue beat(4)0.93%
Revenue beat(8)3
Avg Revenue beat(8)-9.42%
Revenue beat(12)5
Avg Revenue beat(12)-2.18%
Revenue beat(16)9
Avg Revenue beat(16)1.33%
PT rev (1m)0%
PT rev (3m)16.36%
EPS NQ rev (1m)-0.85%
EPS NQ rev (3m)6.47%
EPS NY rev (1m)1.5%
EPS NY rev (3m)2.46%
Revenue NQ rev (1m)0.15%
Revenue NQ rev (3m)0.49%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)1.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.98 | ||
| Fwd PE | 15.53 | ||
| P/S | 2.03 | ||
| P/FCF | N/A | ||
| P/OCF | 8.69 | ||
| P/B | 1.48 | ||
| P/tB | 2.26 | ||
| EV/EBITDA | 10.81 |
EPS(TTM)4.48
EY5.27%
EPS(NY)5.48
Fwd EY6.44%
FCF(TTM)-5.83
FCFYN/A
OCF(TTM)9.79
OCFY11.51%
SpS41.94
BVpS57.41
TBVpS37.56
PEG (NY)0.85
PEG (5Y)5.49
Graham Number76.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.22% | ||
| ROE | 7.57% | ||
| ROCE | 5.8% | ||
| ROIC | 4.13% | ||
| ROICexc | 4.13% | ||
| ROICexgc | 4.66% | ||
| OM | 21.16% | ||
| PM (TTM) | 10.36% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)2.12%
ROA(5y)2.23%
ROE(3y)7.27%
ROE(5y)7.75%
ROIC(3y)3.88%
ROIC(5y)3.96%
ROICexc(3y)3.89%
ROICexc(5y)3.96%
ROICexgc(3y)4.4%
ROICexgc(5y)4.53%
ROCE(3y)5.34%
ROCE(5y)5.42%
ROICexgc growth 3Y2.04%
ROICexgc growth 5Y0.17%
ROICexc growth 3Y2.84%
ROICexc growth 5Y1.2%
OM growth 3Y4.45%
OM growth 5Y2.03%
PM growth 3Y3.46%
PM growth 5Y21.14%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.38 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.7 | ||
| Cap/Depr | 309.32% | ||
| Cap/Sales | 37.25% | ||
| Interest Coverage | 2.53 | ||
| Cash Conversion | 70.31% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.21 | ||
| Altman-Z | 0.68 |
F-Score6
WACC6.19%
ROIC/WACC0.67
Cap/Depr(3y)292.9%
Cap/Depr(5y)280.92%
Cap/Sales(3y)31.77%
Cap/Sales(5y)29.68%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.66%
EPS 3Y4.64%
EPS 5Y3.46%
EPS Q2Q%12.96%
EPS Next Y22.24%
EPS Next 2Y14.82%
EPS Next 3Y12.27%
EPS Next 5Y9.11%
Revenue 1Y (TTM)-4.5%
Revenue growth 3Y4.05%
Revenue growth 5Y5.94%
Sales Q2Q%13.72%
Revenue Next Year7.93%
Revenue Next 2Y8.41%
Revenue Next 3Y7.55%
Revenue Next 5Y2.02%
EBIT growth 1Y7.29%
EBIT growth 3Y8.67%
EBIT growth 5Y8.09%
EBIT Next Year74.67%
EBIT Next 3Y28.21%
EBIT Next 5Y14.8%
FCF growth 1Y-773.97%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-36.65%
OCF growth 3Y119.04%
OCF growth 5Y4.23%
SPIRE INC / SR FAQ
Can you provide the ChartMill fundamental rating for SPIRE INC?
ChartMill assigns a fundamental rating of 3 / 10 to SR.
What is the valuation status of SPIRE INC (SR) stock?
ChartMill assigns a valuation rating of 4 / 10 to SPIRE INC (SR). This can be considered as Fairly Valued.
How profitable is SPIRE INC (SR) stock?
SPIRE INC (SR) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for SR stock?
The Price/Earnings (PE) ratio for SPIRE INC (SR) is 18.98 and the Price/Book (PB) ratio is 1.48.
Can you provide the dividend sustainability for SR stock?
The dividend rating of SPIRE INC (SR) is 8 / 10 and the dividend payout ratio is 76.77%.