SPIRE INC (SR) Stock Fundamental Analysis
NYSE:SR • US84857L1017
91.03 USD
+0.23 (+0.25%)
Last: Feb 27, 2026, 01:30 PM
We assign a fundamental rating of 3 out of 10 to SR. SR was compared to 15 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. While showing a medium growth rate, SR is valued expensive at the moment.
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.
- In the past 5 years SR has always been profitable.
- In the past 5 years SR always reported a positive cash flow from operatings.
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 has a worse Return On Equity (7.87%) than 66.67% of its industry peers.
- The Return On Invested Capital of SR (4.23%) is worse than 80.00% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for SR is below the industry average of 6.15%.
- 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
- With a Profit Margin value of 10.52%, SR perfoms like the industry average, outperforming 46.67% of the companies in the same industry.
- SR's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 21.35%, SR is in line with its industry, outperforming 60.00% 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 | 21.35% | ||
| 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. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SR is destroying value.
- SR has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, SR has more shares outstanding
- SR has a worse debt/assets ratio than last year.
2.2 Solvency
- SR has an Altman-Z score of 0.81. This is a bad value and indicates that SR is not financially healthy and even has some risk of bankruptcy.
- SR's Altman-Z score of 0.81 is on the low side compared to the rest of the industry. SR is outperformed by 60.00% of its industry peers.
- A Debt/Equity ratio of 1.42 is on the high side and indicates that SR has dependencies on debt financing.
- Looking at the Debt to Equity ratio, with a value of 1.42, SR is doing worse than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.81 |
ROIC/WACC0.68
WACC6.17%
2.3 Liquidity
- A Current Ratio of 0.61 indicates that SR may have some problems paying its short term obligations.
- SR's Current ratio of 0.61 is on the low side compared to the rest of the industry. SR is outperformed by 73.33% 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.
- The Quick ratio of SR (0.45) is worse than 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.45 |
3. Growth
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.
- The Earnings Per Share has been growing slightly by 3.46% on average over the past years.
- Looking at the last year, SR shows a small growth in Revenue. The Revenue has grown by 2.55% in the last 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)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
- The Earnings Per Share is expected to grow by 9.84% on average over the next years. This is quite good.
- SR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.02% yearly.
EPS Next Y18.56%
EPS Next 2Y14.86%
EPS Next 3Y12.74%
EPS Next 5Y9.84%
Revenue Next Year6.94%
Revenue Next 2Y7.57%
Revenue Next 3Y6.07%
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 18.54.
- Compared to the rest of the industry, the Price/Earnings ratio of SR is on the same level as its industry peers.
- When comparing the Price/Earnings ratio of SR to the average of the S&P500 Index (27.11), we can say SR is valued slightly cheaper.
- Based on the Price/Forward Earnings ratio of 15.40, the valuation of SR can be described as correct.
- 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.
- The average S&P500 Price/Forward Earnings ratio is at 28.13. SR is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.54 | ||
| Fwd PE | 15.4 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, SR is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.03 |
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.
- SR's earnings are expected to grow with 12.74% in the coming years. This may justify a more expensive valuation.
PEG (NY)1
PEG (5Y)5.36
EPS Next 2Y14.86%
EPS Next 3Y12.74%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.65%, SR has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 3.63, SR has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.80, SR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.65% |
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
- 73.84% of the earnings are spent on dividend by SR. 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%
NYSE:SR (2/27/2026, 1:30:08 PM)
91.03
+0.23 (+0.25%)
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-3.98%
Ins Owners0.31%
Ins Owner Change1.38%
Market Cap5.38B
Revenue(TTM)2.57B
Net Income(TTM)270.30M
Analysts82.35
Price Target96.39 (5.89%)
Short Float %3.23%
Short Ratio4.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.65% |
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)1.07%
PT rev (3m)4.04%
EPS NQ rev (1m)-6.52%
EPS NQ rev (3m)0.85%
EPS NY rev (1m)-3.01%
EPS NY rev (3m)-1.25%
Revenue NQ rev (1m)-2.28%
Revenue NQ rev (3m)-1.53%
Revenue NY rev (1m)-0.92%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.54 | ||
| Fwd PE | 15.4 | ||
| P/S | 2.09 | ||
| P/FCF | N/A | ||
| P/OCF | 9.31 | ||
| P/B | 1.57 | ||
| P/tB | 2.38 | ||
| EV/EBITDA | 12.03 |
EPS(TTM)4.91
EY5.39%
EPS(NY)5.91
Fwd EY6.49%
FCF(TTM)-4.85
FCFYN/A
OCF(TTM)9.78
OCFY10.74%
SpS43.48
BVpS58.08
TBVpS38.26
PEG (NY)1
PEG (5Y)5.36
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 | 0.81 |
F-Score6
WACC6.17%
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 Year6.94%
Revenue Next 2Y7.57%
Revenue Next 3Y6.07%
Revenue Next 5Y2.02%
EBIT growth 1Y10.18%
EBIT growth 3Y8.67%
EBIT growth 5Y8.09%
EBIT Next Year74.67%
EBIT Next 3Y28.21%
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 18.54 and the Price/Book (PB) ratio is 1.57.
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%.