SPIRE INC (SR) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:SR • US84857L1017
86.08 USD
+0.81 (+0.95%)
At close: Feb 6, 2026
86.08 USD
0 (0%)
After Hours: 2/6/2026, 8:07:00 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. While SR is still in line with the averages on profitability rating, there are concerns on its financial health. SR has a correct valuation and a medium growth rate. 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 (2.27%) is worse than 78.57% of its industry peers.
- SR has a worse Return On Equity (7.87%) than 71.43% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 4.23%, SR is doing worse than 78.57% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for SR is below the industry average of 8.45%.
- 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 (10.52%) which is comparable to the rest of the industry.
- In the last couple of years the Profit Margin of SR has grown nicely.
- SR has a better Operating Margin (21.35%) than 64.29% 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. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SR is destroying value.
- Compared to 1 year ago, SR has more shares outstanding
- SR has more shares outstanding than it did 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 0.79, we must say that SR is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 0.79, SR is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
- A Debt/Equity ratio of 1.42 is on the high side and indicates that SR has dependencies on debt financing.
- SR has a Debt to Equity ratio (1.42) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.79 |
ROIC/WACC0.68
WACC6.18%
2.3 Liquidity
- A Current Ratio of 0.61 indicates that SR may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.61, SR is in line with its industry, outperforming 42.86% of the companies in the same industry.
- A Quick Ratio of 0.45 indicates that SR may have some problems paying its short term obligations.
- The Quick ratio of SR (0.45) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.45 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 19.46% 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 been growing slightly by 2.55% in the past year.
- The Revenue has been growing slightly by 5.94% on average over the past years.
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 9.11% on average per year.
- 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 5Y9.11%
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 17.53.
- Compared to the rest of the industry, the Price/Earnings ratio of SR is on the same level as its industry peers.
- Compared to an average S&P500 Price/Earnings ratio of 27.93, SR is valued a bit cheaper.
- Based on the Price/Forward Earnings ratio of 14.56, the valuation of SR can be described as correct.
- Based on the Price/Forward Earnings ratio, SR is valued a bit cheaper than 71.43% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 27.77, SR is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.53 | ||
| Fwd PE | 14.56 |
4.2 Price Multiples
- SR's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.7 |
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)0.94
PEG (5Y)5.07
EPS Next 2Y14.86%
EPS Next 3Y12.74%
5. Dividend
5.1 Amount
- SR has a Yearly Dividend Yield of 3.83%.
- SR's Dividend Yield is rather good when compared to the industry average which is at 3.83. SR pays more dividend than 92.86% of the companies in the same industry.
- SR's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.83% |
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.
- The dividend of SR is growing, but earnings are growing more, so the dividend growth is sustainable.
DP73.84%
EPS Next 2Y14.86%
EPS Next 3Y12.74%
86.08
+0.81 (+0.95%)
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-2.73%
Ins Owners0.31%
Ins Owner Change1.09%
Market Cap5.08B
Revenue(TTM)2.57B
Net Income(TTM)270.30M
Analysts82.35
Price Target96.39 (11.98%)
Short Float %3.75%
Short Ratio5.4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.83% |
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)7.18%
EPS NQ rev (1m)3.24%
EPS NQ rev (3m)7.89%
EPS NY rev (1m)-1.55%
EPS NY rev (3m)-0.63%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)0.76%
Revenue NY rev (1m)-0.6%
Revenue NY rev (3m)0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.53 | ||
| Fwd PE | 14.56 | ||
| P/S | 1.98 | ||
| P/FCF | N/A | ||
| P/OCF | 8.79 | ||
| P/B | 1.48 | ||
| P/tB | 1.48 | ||
| EV/EBITDA | 11.7 |
EPS(TTM)4.91
EY5.7%
EPS(NY)5.91
Fwd EY6.87%
FCF(TTM)-4.86
FCFYN/A
OCF(TTM)9.79
OCFY11.37%
SpS43.52
BVpS58.14
TBVpS58.14
PEG (NY)0.94
PEG (5Y)5.07
Graham Number80.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.27% | ||
| ROE | 7.87% | ||
| ROCE | 5.4% | ||
| ROIC | 4.23% | ||
| ROICexc | 4.23% | ||
| ROICexgc | 4.23% | ||
| 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 | 250 | ||
| Cash Conversion | 67.52% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.45 | ||
| Altman-Z | 0.79 |
F-Score6
WACC6.18%
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 5Y9.11%
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 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 17.53 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 73.84%.