SPIRE INC (SR) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:SR • US84857L1017
85.32 USD
+0.83 (+0.98%)
At close: Feb 2, 2026
85.32 USD
0 (0%)
After Hours: 2/2/2026, 8:04:00 PM
We assign a fundamental rating of 3 out of 10 to SR. SR was compared to 14 industry peers in the Gas Utilities industry. There are concerns on the financial health of SR while its profitability can be described as average. SR has a decent growth rate and is not valued too expensively. SR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- SR had positive earnings in the past year.
- In the past year SR had a positive cash flow from operations.
- SR had positive earnings in each of the past 5 years.
- Each year in the past 5 years SR had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of SR (2.22%) is worse than 78.57% of its industry peers.
- Looking at the Return On Equity, with a value of 7.57%, SR is doing worse than 71.43% of the companies in the same industry.
- SR has a Return On Invested Capital of 4.13%. This is in the lower half of the industry: SR underperforms 78.57% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for SR 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
- With a Profit Margin value of 10.36%, SR perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of SR has grown nicely.
- Looking at the Operating Margin, with a value of 21.16%, SR is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
- 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
- SR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- SR has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for SR has been increased compared to 5 years ago.
- The debt/assets ratio for SR is higher compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 0.68, we must say that SR is in the distress zone and has some risk of bankruptcy.
- SR's Altman-Z score of 0.68 is on the low side compared to the rest of the industry. SR is outperformed by 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.
- Looking at the Debt to Equity ratio, with a value of 1.38, SR is in line with its industry, 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 worse Current ratio (0.32) than 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.
- With a Quick ratio value of 0.21, SR is not doing good in the industry: 85.71% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 5.66% over the past year.
- 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.
- The Revenue has been growing slightly by 5.94% on average over the past years.
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
- Based on estimates for the next years, SR will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.11% on average per year.
- 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
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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
- The Price/Earnings ratio is 19.04, which indicates a rather expensive current valuation of SR.
- The rest of the industry has a similar Price/Earnings ratio as SR.
- SR's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.41.
- Based on the Price/Forward Earnings ratio of 15.58, the valuation of SR can be described as correct.
- 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.
- The average S&P500 Price/Forward Earnings ratio is at 25.64. SR is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.04 | ||
| Fwd PE | 15.58 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SR is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.75 |
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 12.27% in the coming years.
PEG (NY)0.86
PEG (5Y)5.51
EPS Next 2Y14.82%
EPS Next 3Y12.27%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 6.40%, SR is a good candidate for dividend investing.
- 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 paid a dividend for at least 10 years, which is 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.
- SR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP76.77%
EPS Next 2Y14.82%
EPS Next 3Y12.27%
85.32
+0.83 (+0.98%)
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 Cap5.04B
Revenue(TTM)2.48B
Net Income(TTM)256.60M
Analysts82.35
Price Target95.37 (11.78%)
Short Float %3.68%
Short Ratio4.94
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 | 19.04 | ||
| Fwd PE | 15.58 | ||
| P/S | 2.03 | ||
| P/FCF | N/A | ||
| P/OCF | 8.72 | ||
| P/B | 1.49 | ||
| P/tB | 2.27 | ||
| EV/EBITDA | 10.75 |
EPS(TTM)4.48
EY5.25%
EPS(NY)5.48
Fwd EY6.42%
FCF(TTM)-5.83
FCFYN/A
OCF(TTM)9.79
OCFY11.47%
SpS41.94
BVpS57.41
TBVpS37.56
PEG (NY)0.86
PEG (5Y)5.51
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 19.04 and the Price/Book (PB) ratio is 1.49.
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%.