NYSE:SR
Spire Inc.
Spire Inc.'s revenue fell 4.5% in fiscal 2025 to $2.5B while operating margin rose to 21.2%, its highest in 7 years. Free cash flow was −$344.4M, −13.9% of revenue, and the diluted share count rose 4.3%.Summary generated from Spire Inc.'s SEC filings. Latest annual report filed Nov 14, 2025.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$2.5B
Revenue growth−4.5%
Revenue, 5-yr CAGR+5.9%
Gross margin58.8%
Operating margin21.2%
Net margin11.0%
ROIC5.2%
Return on equity8.2%
Debt / equity1.53
Free cash flow−$344.4M
FCF margin−13.9%
Share count change+4.3%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 2,236 | 2,199 | 2,666 | 2,593 | 2,476 |
| Operating income | 450 | 408 | 419 | 488 | 524 |
| Net income | 272 | 221 | 218 | 251 | 272 |
| Free cash flow | −375 | −497 | −222 | 51 | −344 |
Recent filings
- 8-KOther events
Oct 8, 2026 - 8-KEntry into a material agreement
Sep 1, 2026 - 4Insider transaction report
Aug 12, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 5, 2026 - 8-KResults of operations and financial condition
Aug 5, 2026 - 8-KRegulation FD disclosure
Jul 8, 2026 - 8-KCompletion of an acquisition or disposition
Jun 30, 2026 - 4Insider transaction report
Jun 16, 2026