FY2025 · ended Sep 30, 2025 · Revenue $2.48B, -4.5% YoY · Filed Nov 14, 2025
Spire Inc. (SR) files with the SEC under industry code 4924, Natural Gas Distribution. In fiscal 2025, which ended Sep 30, 2025, it reported revenue of $2.5 billion and net income of $271.7 million. Free cash flow was -$344.4 million. As of Mar 31, 2026 it held $49.5 million in cash and investments and $7.7 billion in total debt.
Revenue
$2.48B
-4.5% vs prior year
Net income
$271.70M
+8.3% vs prior year
Operating cash flow (TTM)
$615.60M
-23.7% vs year-ago TTM
Free cash flow (TTM)
$-222.60M
-78.9% vs year-ago TTM
EPS
$4.37
+4.3% vs prior year
Dividend per share (TTM)
$3.22
+4.5% vs year-ago TTM
Shares outstanding
59.04M
+2.2% vs prior year
Net cash
$-7.67B
as of Mar 31, 2026
Operating margin
21.2%
FY 2025
Company profile
- Industry
- Natural Gas Distribution (SIC 4924)
- Listed as
- SR (NYSE), SRJN (NYSE)
- Fiscal year ends
- September 30
- Incorporated in
- MO
- Headquarters
- St Louis, MO
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1126956
- Former names
- LACLEDE GROUP INC (until Apr 13, 2016)
Other Natural Gas Distribution companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Sep 30, 2025 |
FY 2024 Sep 30, 2024 |
FY 2023 Sep 30, 2023 |
FY 2022 Sep 30, 2022 |
FY 2021 Sep 30, 2021 |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.6B | $2.7B | $2.2B | $2.2B |
| Operating income | $523.9M | $488.3M | $418.6M | $408.2M | $450.2M |
| Net income | $271.7M | $250.9M | $217.5M | $220.8M | $271.7M |
| Diluted EPS | $4.37 | $4.19 | $3.85 | $3.95 | $4.96 |
| Operating cash flow | $578.0M | $912.4M | $440.2M | $55.0M | $249.8M |
| Free cash flow | -$344.4M | $51.1M | -$222.3M | -$497.2M | -$375.0M |
| Total assets | $11.6B | $10.9B | $10.3B | $10.1B | $9.4B |
| Stockholders' equity | $3.4B | $3.2B | $2.9B | $2.8B | $2.7B |
| Cash and investments | $5.7M | $4.5M | $5.6M | $6.5M | $4.3M |
| Total debt | $5.2B | $4.8B | $3.8B | $3.3B | $3.1B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Other events
|
Nov 2, 2026 | Nov 2, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Oct 13, 2026 | Oct 13, 2026 |
| 8-K |
Current report
Other events
|
Oct 8, 2026 | Oct 8, 2026 |
| 8-K |
Current report
Material agreement
|
Sep 1, 2026 | Aug 31, 2026 |
| 10-Q | Quarterly report | Aug 5, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 5, 2026 | Aug 5, 2026 |
All 1007 Spire Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.