Touchstone
Last syncNov 1, 2026, 6:55 PM ET

SR

Spire Inc Utilities Natural Gas Distribution Russell 3000
$88.00Close $5.2BMarket cap $75.94 – $94.2152-week range Nov 17, 2026Next report · before the open

Highlights

Cautions

  • Not in an uptrend 4 of 8 trend conditions
  • Extended 5.0 ATR above its 50-day average
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Sep 30, 2025 · filed May 6, 2026
Off 12-month high 7%
1wk up 3.2% price change
1mo up 15.7% price change
12-month return up 4% market up 11% · its own down 7%
F-score 6 / 9 Mixed
Altman Z″ 0.06 Elevated risk
P/E 19.1× price / earnings
PEG 4.95 P/E / EPS growth
P/B 1.5× price / book
Earnings yield up 6.1% EBIT / enterprise value
Cheaper than 56% of the market · around average
Revenue growth down 4% year on year
EPS growth — latest quarter
Sales growth — latest quarter
ROE up 8% return on equity
Free cash margin down 14% -$344.4M FCF
D/E 0.99 long-term debt / equity
Net debt / EBITDA 4.1×
Interest cover 2.6×EBIT / interest
Piotroski tests
  • short-term liquidity weakened
  • issued more shares
  • assets working less efficiently
  • profitable on its assets
  • generating cash from operations
  • profitability improving
  • profits backed by cash
  • reduced long-term debt
  • gross margin widened

Repair signals

  • Long-term debt down 9% ($3.7B → $3.4B)
  • Gross margin 52.5% → 58.8%

Trade setup

ATR% 1.8% $1.56 a day · 2×ATR $84.88
RS 55 / 99 vs the universe
Trend 4 / 8 trend template
Relative volume 1.5× vs 50-day average
Up/down volume 1.00 50 sessions
Implied move — no option chain · report Nov 17, 2026
Trend template · 4 of 8
  • Price above the 150 and 200-day averages: passes
  • 150-day average above the 200-day: fails
  • 200-day average rising for a month: passes
  • 50-day average above the 150 and 200-day: fails
  • Price above the 50-day average: passes
  • At least 30% above the 52-week low: fails
  • Within 25% of the 52-week high: passes
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

4 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Heavily indebted Net debt is 4.1 times EBITDA — roughly 4 years of earnings before interest, tax and depreciation to repay borrowings in full.
  • Shareholders diluted The share count rose 2.3% over the year, from 58m to 59m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
  • Revenue shrinking Revenue fell 4.5% over the year, from $2.6B to $2.5B.
Last reported Aug 5, 2026
Results reaction Aug 5, 2026+2% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $2.5B -4% on FY2024
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $1.9B FY2021 · $2.2B FY2022 · $2.2B FY2023 · $2.7B FY2024 · $2.6B FY2025 · $2.5B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $271.7M +8% on FY2024
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $88.6M FY2021 · $271.7M FY2022 · $220.8M FY2023 · $217.5M FY2024 · $250.9M FY2025 · $271.7M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$344.4M down to a loss
-$500M $0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$168.5M FY2021 · -$375.0M FY2022 · -$497.2M FY2023 · -$222.3M FY2024 · $51.1M FY2025 · -$344.4M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 59%
  • Net 11%
  • Free cash -14%
-25% 0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net 5% · Free cash -9% FY2021 · Net 12% · Free cash -17% FY2022 · Net 10% · Free cash -23% FY2023 · Gross 48% · Net 8% · Free cash -8% FY2024 · Gross 53% · Net 10% · Free cash 2% FY2025 · Gross 59% · Net 11% · Free cash -14%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $3.4B net debt
  • Cash
  • Long-term debt
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $4.1M · Long-term debt $2.4B FY2021 · Cash $4.3M · Long-term debt $2.9B FY2022 · Cash $6.5M · Long-term debt $3.0B FY2023 · Cash $5.6M · Long-term debt $3.6B FY2024 · Cash $4.5M · Long-term debt $3.7B FY2025 · Cash $5.7M · Long-term debt $3.4B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 59m +14.3% since FY2020
59m 51.60m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 51.60m FY2021 · 51.70m FY2022 · 52.50m FY2023 · 53.20m FY2024 · 57.70m FY2025 · 59m
  FY2020Sep 30, 2020 FY2021Sep 30, 2021 FY2022Sep 30, 2022 FY2023Sep 30, 2023 FY2024Sep 30, 2024 FY2025Sep 30, 2025
Revenue $1.9B $2.2B $2.2B $2.7B $2.6B $2.5B
Gross margin — — — 48% 53% 59%
Operating income $206.4M $450.2M $408.2M $418.6M $488.3M $523.9M
Net income $88.6M $271.7M $220.8M $217.5M $250.9M $271.7M
Net margin 5% 12% 10% 8% 10% 11%
Earnings per share $1.73 $5.26 $4.24 $4,134,980.99 $4,456,483.13 $4,628,620.10
Free cash flow -$168.5M -$375.0M -$497.2M -$222.3M $51.1M -$344.4M
Free cash margin -9% -17% -23% -8% 2% -14%
Cash $4.1M $4.3M $6.5M $5.6M $4.5M $5.7M
Long-term debt $2.4B $2.9B $3.0B $3.6B $3.7B $3.4B
Shareholders' equity $2.5B $2.7B $2.8B $2.9B $3.2B $3.4B
Shares outstanding 51.60m 51.70m 52.50m 53.20m 57.70m 59m

Filings

SEC EDGAR
FiledReportPeriod to Lag
May 6, 2026 Quarterly ↗ Mar 31, 2026 36d
Feb 3, 2026 Quarterly ↗ Dec 31, 2025 34d
Nov 14, 2025 Annual ↗ Sep 30, 2025 45d
Aug 5, 2025 Quarterly ↗ Jun 30, 2025 36d
Apr 30, 2025 Quarterly ↗ Mar 31, 2025 30d
Feb 5, 2025 Quarterly ↗ Dec 31, 2024 36d
Nov 20, 2024 Annual ↗ Sep 30, 2024 51d
Jul 31, 2024 Quarterly ↗ Jun 30, 2024 31d
May 1, 2024 Quarterly ↗ Mar 31, 2024 31d
Feb 1, 2024 Quarterly ↗ Dec 31, 2023 32d
Nov 16, 2023 Annual ↗ Sep 30, 2023 47d
Aug 2, 2023 Quarterly ↗ Jun 30, 2023 33d

Current reports

FiledDisclosed
Oct 13, 2026 Material agreement · New obligation ↗
Oct 8, 2026 Other events ↗
Sep 1, 2026 Material agreement ↗
Aug 5, 2026 Results · Regulation FD ↗
Jul 8, 2026 Regulation FD ↗
Jun 30, 2026 Acquisition or disposal · Regulation FD ↗
May 6, 2026 Results · Regulation FD ↗
May 1, 2026 Material agreement ↗
Apr 30, 2026 Acquisition or disposal · Regulation FD ↗
Apr 22, 2026 Material agreement · Regulation FD ↗
Apr 15, 2026 Material agreement · Regulation FD ↗
Mar 31, 2026 Material agreement · Acquisition or disposal · New obligation · Regulation FD ↗