SPIRE INC (SR) Fundamental Analysis & Valuation
NYSE:SR • US84857L1017
89.96 USD
-1.04 (-1.14%)
At close: Mar 11, 2026
89.96 USD
0 (0%)
After Hours: 3/11/2026, 8:26:00 PM
This SR fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 3 out of 10 to SR. SR was compared to 15 industry peers in the Gas Utilities industry. SR has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, SR is valued expensive at the moment.
1. SR Profitability Analysis
1.1 Basic Checks
- In the past year SR was profitable.
- In the past year SR had a positive cash flow from operations.
- Each year in the past 5 years SR has been profitable.
- SR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- SR's Return On Assets of 2.27% is on the low side compared to the rest of the industry. SR is outperformed by 80.00% of its industry peers.
- SR's Return On Equity of 7.87% is on the low side compared to the rest of the industry. SR is outperformed by 66.67% of its industry peers.
- SR has a worse Return On Invested Capital (4.23%) than 73.33% of its industry peers.
- SR had an Average Return On Invested Capital over the past 3 years of 3.88%. This is below the industry average of 6.13%.
- The 3 year average ROIC (3.88%) for SR is below the current ROIC(4.23%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.27% | ||
| ROE | 7.87% | ||
| ROIC | 4.23% |
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 has a Profit Margin of 10.52%. This is comparable to the rest of the industry: SR outperforms 46.67% of its industry peers.
- In the last couple of years the Profit Margin of SR has grown nicely.
- SR has a Operating Margin of 21.35%. This is comparable to the rest of the industry: SR outperforms 60.00% of its industry peers.
- SR's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.35% | ||
| PM (TTM) | 10.52% | ||
| 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. SR Health Analysis
2.1 Basic Checks
- SR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, SR has more shares outstanding
- Compared to 5 years ago, SR has more shares outstanding
- Compared to 1 year ago, SR has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.82, we must say that SR is in the distress zone and has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 0.82, SR is doing worse than 60.00% of the companies in the same industry.
- A Debt/Equity ratio of 1.42 is on the high side and indicates that SR has dependencies on debt financing.
- With a Debt to Equity ratio value of 1.42, SR is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.82 |
ROIC/WACC0.68
WACC6.21%
2.3 Liquidity
- A Current Ratio of 0.61 indicates that SR may have some problems paying its short term obligations.
- SR has a Current ratio of 0.61. This is in the lower half of the industry: SR underperforms 66.67% of its industry peers.
- SR has a Quick Ratio of 0.61. 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 worse Quick ratio (0.45) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.45 |
3. SR Growth Analysis
3.1 Past
- SR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.46%, which is quite good.
- 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.
- SR shows a small growth in Revenue. In the last year, the Revenue has grown by 2.55%.
- SR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.94% yearly.
EPS 1Y (TTM)19.46%
EPS 3Y4.64%
EPS 5Y3.46%
EPS Q2Q%32.09%
Revenue 1Y (TTM)2.55%
Revenue growth 3Y4.05%
Revenue growth 5Y5.94%
Sales Q2Q%13.91%
3.2 Future
- Based on estimates for the next years, SR will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.84% on average per year.
- Based on estimates for the next years, SR will show a small growth in Revenue. The Revenue will grow by 2.02% on average per year.
EPS Next Y18.56%
EPS Next 2Y14.86%
EPS Next 3Y12.74%
EPS Next 5Y9.84%
Revenue Next Year3.09%
Revenue Next 2Y5.44%
Revenue Next 3Y4.26%
Revenue Next 5Y2.02%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. SR Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 18.32, which indicates a rather expensive current valuation of SR.
- SR's Price/Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 26.15, SR is valued a bit cheaper.
- A Price/Forward Earnings ratio of 15.22 indicates a correct valuation of SR.
- SR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SR is cheaper than 66.67% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.27, SR is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.32 | ||
| Fwd PE | 15.22 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SR indicates a slightly more expensive valuation: SR is more expensive than 60.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.05 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as SR's earnings are expected to grow with 12.74% in the coming years.
PEG (NY)0.99
PEG (5Y)5.3
EPS Next 2Y14.86%
EPS Next 3Y12.74%
5. SR Dividend Analysis
5.1 Amount
- SR has a Yearly Dividend Yield of 3.63%. Purely for dividend investing, there may be better candidates out there.
- SR's Dividend Yield is comparable with the industry average which is at 3.56.
- SR's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.63% |
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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.02%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
- SR pays out 73.84% of its income as dividend. This is not a sustainable payout ratio.
- SR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP73.84%
EPS Next 2Y14.86%
EPS Next 3Y12.74%
SR Fundamentals: All Metrics, Ratios and Statistics
89.96
-1.04 (-1.14%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)02-03 2026-02-03/bmo
Earnings (Next)04-28 2026-04-28
Inst Owners95.61%
Inst Owner Change-3.93%
Ins Owners0.31%
Ins Owner Change1.38%
Market Cap5.32B
Revenue(TTM)2.57B
Net Income(TTM)270.30M
Analysts82.35
Price Target98.05 (8.99%)
Short Float %3.25%
Short Ratio4.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.63% |
Yearly Dividend3.38
Dividend Growth(5Y)4.02%
DP73.84%
Div Incr Years10
Div Non Decr Years10
Ex-Date03-11 2026-03-11 (0.825)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.19%
Min EPS beat(2)-7.62%
Max EPS beat(2)3.24%
EPS beat(4)2
Avg EPS beat(4)25.22%
Min EPS beat(4)-7.62%
Max EPS beat(4)110.14%
EPS beat(8)3
Avg EPS beat(8)12.44%
EPS beat(12)5
Avg EPS beat(12)-2719.4%
EPS beat(16)8
Avg EPS beat(16)-2039.93%
Revenue beat(2)1
Avg Revenue beat(2)-10.32%
Min Revenue beat(2)-23.15%
Max Revenue beat(2)2.52%
Revenue beat(4)2
Avg Revenue beat(4)-9.38%
Min Revenue beat(4)-23.15%
Max Revenue beat(4)2.52%
Revenue beat(8)3
Avg Revenue beat(8)-9.62%
Revenue beat(12)5
Avg Revenue beat(12)-5.42%
Revenue beat(16)9
Avg Revenue beat(16)1.47%
PT rev (1m)1.72%
PT rev (3m)2.81%
EPS NQ rev (1m)-6.52%
EPS NQ rev (3m)-4.44%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.21%
Revenue NQ rev (1m)-2.28%
Revenue NQ rev (3m)-2.19%
Revenue NY rev (1m)-3.6%
Revenue NY rev (3m)-4.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.32 | ||
| Fwd PE | 15.22 | ||
| P/S | 2.07 | ||
| P/FCF | N/A | ||
| P/OCF | 9.2 | ||
| P/B | 1.55 | ||
| P/tB | 2.35 | ||
| EV/EBITDA | 12.05 |
EPS(TTM)4.91
EY5.46%
EPS(NY)5.91
Fwd EY6.57%
FCF(TTM)-4.85
FCFYN/A
OCF(TTM)9.78
OCFY10.87%
SpS43.48
BVpS58.08
TBVpS38.26
PEG (NY)0.99
PEG (5Y)5.3
Graham Number80.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.27% | ||
| ROE | 7.87% | ||
| ROCE | 5.4% | ||
| ROIC | 4.23% | ||
| ROICexc | 4.23% | ||
| ROICexgc | 4.75% | ||
| OM | 21.35% | ||
| PM (TTM) | 10.52% | ||
| 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 Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.68 | ||
| Cap/Depr | 281.35% | ||
| Cap/Sales | 33.65% | ||
| Interest Coverage | 2.65 | ||
| Cash Conversion | 67.52% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.45 | ||
| Altman-Z | 0.82 |
F-Score6
WACC6.21%
ROIC/WACC0.68
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)19.46%
EPS 3Y4.64%
EPS 5Y3.46%
EPS Q2Q%32.09%
EPS Next Y18.56%
EPS Next 2Y14.86%
EPS Next 3Y12.74%
EPS Next 5Y9.84%
Revenue 1Y (TTM)2.55%
Revenue growth 3Y4.05%
Revenue growth 5Y5.94%
Sales Q2Q%13.91%
Revenue Next Year3.09%
Revenue Next 2Y5.44%
Revenue Next 3Y4.26%
Revenue Next 5Y2.02%
EBIT growth 1Y10.18%
EBIT growth 3Y8.67%
EBIT growth 5Y8.09%
EBIT Next Year75.48%
EBIT Next 3Y27.49%
EBIT Next 5Y14.8%
FCF growth 1Y-438.91%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-15.14%
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 3 / 10 to SPIRE INC (SR). This can be considered as Overvalued.
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 18.32 and the Price/Book (PB) ratio is 1.55.
Can you provide the dividend sustainability for SR stock?
The dividend rating of SPIRE INC (SR) is 6 / 10 and the dividend payout ratio is 73.84%.