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SRSpire Inc.
$88.81$5.3B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
SR logo

Spire Inc.

SR
NYSE · Gas Utilities
$88.81
At close - Nov 6, 4:00 PM EST - USD
Market Cap$5.25B
P/E9.6x
52W High$95.31
Volume416.41K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Rate Base Expansion Drives Growth Amid Leverage Spike

Spire's accelerating rate base expansion, evidenced by a 29% year-over-year increase in net PPE to $8.9B in 2026Q3, is driving revenue growth of 13.9% in 2026Q1 and EPS growth of 31.1% in 2026Q2.

GrowthMixed
ProfitabilityStable
ValuationAttractive
TechnicalsNeutral
Explore valuation models
MARKET ACTION

SR price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

6/12 Beats

EPS beat 6 of last 12 quarters

02

Valuation risk

-48% Peers

P/E is 48% below peer median

03

Market leadership

RS 72 · Avg

Average momentum (RS Rating: 72)

04

Trend Check

N/A

Trend data unavailable

Next CatalystConfirmed earnings · Nov 17

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
SR+9.70%
S&P 500 (^GSPC)+7.63%
1-Year Return
SR+3.82%
S&P 500 (^GSPC)+9.69%
3-Year Return
SR+69.02%
S&P 500 (^GSPC)+68.03%
5-Year Return
SR+69.20%
S&P 500 (^GSPC)+56.15%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
9.6x
Forward P/E
22.1x
EV/EBITDA100th %ile
12.5x
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
9.6x
15.8x
0th· Low
EV/EBITDA
12.5x
11.5x
100th· High
Price/FCF
N/A
74.1x
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$83.30-6.2%
Base (Fair)$69.90-21.3%
Bull$52.28-41.1%
$83.30 Bear$69.90 Base$52.28 Bull
Current Market Price: $88.81
Trades at a 27.1% premium to Base DCF ($69.90)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$2.48B-4.5% YoY
Net income FY25
$272M+8.3% YoY
Free cash flow FY25
-$344M-774.0% YoY
Operating margin FY25
21.2%+2.3 pts YoY
ROIC (FY25)4.7%
Avg ROIC 5Y4.7%
ROE (TTM)15.8%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate6/12 (50%)
Revenue Beat Rate5/12 (42%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 5, 2026
-$0.26+17.9%
vs -$0.32
$420M+6.5%
vs $395M
Q2 2026
May 6, 2026
$3.76+1.1%
vs $3.72
$1.0B-4.5%
vs $1.1B
Q1 2026
Feb 3, 2026
$1.77+9.3%
vs $1.62
$762M+4.3%
vs $731M
Q4 2025
Nov 14, 2025
-$0.47-18.9%
vs -$0.40
$334M-22.9%
vs $433M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Business Wire·Oct 27, 2026
Spire Global Schedules Third Quarter 2026 Results Conference Call

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and intelligence, will hold a conference call with investors and analysts on Tuesday, November 10, 2026 at 5:00 p.m. ET to discuss the Company's third quarter 2026 financial results. The news release announcing the results will be disseminated before the call. A live webcast of the conference call will be available on Spire Global's Investor Relations websit.

GuruFocus·Oct 19, 2026
Spire to host fiscal 2026 year-end earnings conference call on Nov. 17

Spire to host fiscal 2026 year-end earnings conference call on Nov. 17PR NewswireST. LOUIS, Oct. 19, 2026ST. LOUIS, Oct. 19, 2026 /PRNewswire/ -- Spire Inc. (NY

Defense World·Oct 8, 2026
68,676 Shares of Spire Inc. $SR Purchased by Ausbil Investment Management Ltd

Ausbil Investment Management Ltd purchased a new stake in shares of Spire Inc. (NYSE: SR) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 68,676 shares of the utilities provider's stock, valued at approximately $5,226,000. Spire comprises 2.6% of Ausbil Investment Management Ltd's

Business Wire·Oct 2, 2026
Spire Global Launches First Three Satellites Built at U.S. Manufacturing Facility

VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of satellite data, analytics and intelligence, today announced the successful launch of the first three satellites built at its manufacturing facility in Boulder, Colorado. Launched aboard SpaceX's Transporter-18 rideshare mission, the satellites mark an operational milestone in expanding Spire's U.S. manufacturing footprint to meet growing national security demand. Accelerating U.

Filtered for Spire Inc.More Headlines
04

Compare before deciding

Benchmark SR against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Spire Inc. (SR)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SR logoSRSpire Inc.Current
$88.81$5.25B9.57-4.5%21.62%15.85%3.5%
NJR logoNJRNew Jersey Resources Corporation
$54.34$5.48B15.1013.94%16.38%14.42%3.29%
NFG logoNFGNational Fuel Gas Company
$73.43$6.98B10.5710.44%26.46%17.37%2.91%
NWN logoNWNNorthwest Natural Holding Company
$51.75$2.18B17.2911.83%9.65%8.23%3.65%
ATO logoATOAtmos Energy Corporation
$173.22$28.91B20.9212.91%28.5%9.67%1.99%
SWX logoSWXSouthwest Gas Holdings, Inc.
$91.33$6.61B25.42-62.05%15.19%6.42%2.7%

Compare SR vs Peers

Spire Inc. (SR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NJR

Most directly comparable listed peer for SR.

Scale Benchmark

vs NEE

Larger-name benchmark to compare SR against a more recognizable public peer.

Peer Set

Compare Top 5

vs NJR, NFG, NWN, ATO

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

SR SEC Filings & Documents

Spire Inc. (SR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 5, 2026·SEC

Material company update

Jul 8, 2026·SEC

Material company update

Jun 30, 2026·SEC

10-K Annual Reports

2
FY 2025

Nov 14, 2025·SEC

FY 2024

Nov 20, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 5, 2026·SEC

FY 2026

May 6, 2026·SEC

FY 2026

Feb 3, 2026·SEC

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SR Frequently Asked Questions

Spire Inc. (SR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Spire Inc.'s revenue?

Spire Inc. (SR) reported $2.54B in revenue over the trailing twelve months. Revenue was $2.48B in fiscal year 2025. That is 345% more than the $556.5M of fiscal year 1996.

How fast is Spire Inc. growing?

Spire Inc. (SR) grew revenue by 4.1% over the trailing twelve months, compared with the twelve months before.

Is SR profitable?

Yes. Spire Inc. (SR) earned $548.3M in net income over the trailing twelve months (a 21.6% net margin).

Dividend & Returns
Does SR pay dividends?

Yes. Spire Inc. (SR) pays a dividend that yields 3.50% at the current price, a moderate yield.

What is SR's return on equity?

Spire Inc. (SR) had a return on equity (ROE) of 15.8% over the trailing twelve months. That is above the market's typical 10-15%.

What is Spire Inc.'s free cash flow?

Spire Inc. (SR) had negative free cash flow of $1.86B over the trailing twelve months.

Industry Metrics
Is SR's dividend sustainable?

Spire Inc. (SR) has a dividend payout ratio of 67%. This suggests the dividend is well-covered and sustainable.

What if you invested $1,000 in SR back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →