7 years of historical data (2019–2025) · Industrials · Specialty Business Services
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Spire Global, Inc. trades at 12.7x earnings, 153% above its 5-year average of 5.0x, sitting at the 100th percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a discount of 50%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $636M | $240M | $340M | $153M | $134M | $210M | $177M | — |
| Enterprise Value | $625M | $228M | $432M | $255M | $199M | $152M | $237M | — |
| P/E Ratio → | 12.73 | 5.03 | — | — | — | — | — | — |
| P/S Ratio | 8.89 | 3.35 | 3.08 | 1.57 | 1.90 | 4.84 | 6.21 | — |
| P/B Ratio | 5.37 | 2.12 | — | 4.05 | 1.47 | 1.10 | — | — |
| P/FCF | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.19 | 3.91 | 2.61 | 2.81 | 3.50 | 8.30 | — |
| EV / EBITDA | — | — | — | — | — | — | — | — |
| EV / EBIT | — | 3.66 | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Spire Global, Inc. earns an operating margin of -121.4%, below the Industrials sector average of 4.3%. Operating margins have compressed from -60.2% to -121.4% over the past 3 years, signaling potential cost pressures or competitive headwinds. Return on equity of 101.4% is exceptionally high, though this is partly amplified by negative book value driven by aggressive share buybacks — well above the sector median of 8.2%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 40.8% | 40.8% | 36.1% | 39.5% | 24.2% | 56.8% | 63.9% | 19.6% |
| Operating Margin | -121.4% | -121.4% | -52.5% | -60.2% | -111.5% | -156.4% | -91.3% | -159.3% |
| Net Profit Margin | 71.7% | 71.7% | -93.1% | -79.5% | -139.9% | -87.8% | -114.1% | -174.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | 101.4% | 101.4% | -788.0% | -120.3% | -70.4% | -53.8% | — | — |
| ROA | 25.4% | 25.4% | -47.5% | -31.3% | -35.3% | -21.8% | -71.2% | -68.9% |
| ROIC | -71.6% | -71.6% | -39.5% | -29.9% | -41.1% | -71.1% | -151.0% | -148.5% |
| ROCE | -96.1% | -96.1% | -50.0% | -28.8% | -31.7% | -43.7% | -79.5% | -85.8% |
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $25M exceeds total debt of $13M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 8.4x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.12 | 0.12 | — | 3.46 | 1.22 | 0.27 | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.10 | — | 2.69 | 0.71 | -0.31 | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — |
| Interest Coverage | 8.40 | 8.40 | -4.04 | -3.08 | -6.07 | -2.29 | -3.74 | — |
Net cash position: cash ($25M) exceeds total debt ($13M)
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.30x means Spire Global, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.47x to 1.30x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.30 | 1.30 | 0.61 | 1.47 | 2.46 | 5.24 | 1.68 | 2.34 |
| Quick Ratio | 1.30 | 1.30 | 0.61 | 1.47 | 2.46 | 5.24 | 1.62 | 2.34 |
| Cash Ratio | 1.13 | 1.13 | 0.13 | 0.83 | 1.84 | 4.38 | 1.17 | 1.90 |
| Asset Turnover | — | 0.34 | 0.57 | 0.41 | 0.28 | 0.14 | 0.64 | 0.39 |
| Inventory Turnover | — | — | — | — | — | — | 14.19 | — |
| Days Sales Outstanding | — | 43.41 | 44.15 | 81.75 | 92.16 | 114.81 | 64.06 | 70.69 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Spire Global, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 7.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.9% | 19.9% | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Shares Outstanding | — | $32M | $24M | $20M | $17M | $8M | $2M | $1M |
Compare SPIR with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $636M | 12.7 | — | — | 40.8% | -121.4% | 101.4% | -71.6% | — | |
| $24B | -60.2 | — | — | 53.4% | -405.7% | -22.3% | -16.8% | — | |
| $46M | -0.2 | — | — | -37.2% | -2455.4% | -653.1% | -334.3% | — | |
| $1B | -13.9 | — | — | 66.9% | -44.0% | -74.4% | -26.5% | — | |
| $725M | -33.5 | — | — | 28.8% | -175.2% | -127.6% | -137.2% | — | |
| $9B | -35.3 | — | 163.0 | 56.1% | -30.9% | -78.4% | -18.8% | — | |
| $5B | 42.0 | 14.3 | 15.7 | 77.3% | 27.1% | 22.0% | 8.0% | 3.9 | |
| $10B | -536.1 | 102.4 | 134.9 | 64.8% | 5.4% | -2.4% | 2.3% | 5.4 | |
| $9B | -256.5 | 9.5 | 14.7 | 27.4% | 2.3% | -0.7% | 0.8% | 4.7 | |
| $41B | -524.4 | 42.7 | — | 91.6% | 8.7% | -0.4% | 2.0% | — | |
| $62B | -289.8 | — | — | 34.4% | -38.0% | -18.8% | -19.9% | — | |
| Industrials Median | — | 25.6 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
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Includes 30+ ratios · 7 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying SPIR stock.
Spire Global, Inc.'s current P/E ratio is 12.7x. The historical average is 5.0x. This places it at the 100th percentile of its historical range.
Spire Global, Inc.'s return on equity (ROE) is 101.4%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -35.8%.
Based on historical data, Spire Global, Inc. is trading at a P/E of 12.7x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Spire Global, Inc. has 40.8% gross margin and -121.4% operating margin.