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Spire Inc. (SR)

NYSE Mid Cap

Utilities › Natural Gas Distribution

$88.44
Market Cap: $5.2B
Data as of Dec 31, 2025 (TTM)

Price History

Feb 9, 2026 — Apr 4, 2026

Investment Snapshot

  • Trading 7% below Graham Number — thin margin of safety
  • Piotroski F-Score 6/9 — moderate financial health
  • ROE of 11.8% — below-average profitability
  • Dividend yield of 3.6%

Spire Inc. (SR) is a Utilities company operating in Natural Gas Distribution, listed on the NYSE , with a market capitalisation of $5.2 billion . Key value metrics: P/E ratio 12.9, P/B ratio 1.52, Piotroski F-Score 6 out of 9 (moderate financial health) .

Value Score

Key Metrics

P/E Ratio
12.86
1.52
EPS
$6.88
Div. Yield
3.6%
PEG Ratio
P/S Ratio
EV/EBITDA
ROE
ROA
Gross Margin
Op. Margin
Net Margin
Debt/Equity
Current Ratio

Current vs 5-Year Average

Based on 5 years of SEC filings
Net Margin
↑ +2.1pp avg —
Gross Margin
↑ +2.1pp avg —
Operating Margin
↑ +2.1pp avg —
Return on Equity
↑ +2.1pp avg —
Debt / Equity
↑ +2.1pp avg —

Revenue & Net Income

EPS & Free Cash Flow Per Share

Financial Statements

Metric FY22 FY23 FY24
Revenue $X.XB $X.XB $X.XB
Gross Profit $X.XB $X.XB $X.XB
Operating Income $X.XB $X.XB $X.XB
Net Income $X.XB $X.XB $X.XB
EBITDA $X.XB $X.XB $X.XB
Total Assets $X.XB $X.XB $X.XB
Total Liabilities $X.XB $X.XB $X.XB
Data sourced from SEC EDGAR and Polygon.io. Methodology. View more Utilities stocks →

Spire Inc. — Fundamental Analysis Summary

Spire Inc. (SR) is trading 7% below its Graham Number of $94.82, offering a thin margin of safety. The stock carries a reasonable trailing P/E ratio of 12.9x.

On financial health, SR shows a moderate Piotroski F-Score of 6/9, and modest return on equity of 11.8% (sector average: 6.7%), and elevated leverage with a debt-to-equity ratio of 1.42.

StockPik's composite Value Score for SR is 77/100 — placing it in undervalued territory. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.

SR reports a high gross margin of 64.8% (sector average: 42.5%) and a strong operating margin of 24.0%.

SR shows revenue declining at 4% year-over-year, with earnings growing at 8%.

SR pays a solid dividend yield of 3.6%.

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How is the Value Score calculated?
Read our full methodology →
What is the margin of safety?
How to calculate the margin of safety using the Graham Number, and what counts as a good margin of safety →
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