In fiscal 2025, which ended Sep 30, 2025, Spire Inc. reported revenue of $2.5 billion, down 4.5% from the year before. Net income was $271.7 million, a profit margin of 11.0%. Operating income came to $523.9 million, an operating margin of 21.2%. Diluted earnings per share were $4.37. Across the 5 fiscal years shown, revenue grew from $2.2 billion in fiscal 2021 to $2.5 billion in fiscal 2025, about 2.6% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| 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
|
FY 2020
Sep 30, 2020
|
FY 2019
Sep 30, 2019
|
FY 2018
Sep 30, 2018
|
FY 2017
Sep 30, 2017
|
FY 2016
Sep 30, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
2,476
-4.5%
|
2,593
-2.7%
|
2,666
+21.3%
|
2,198
-1.7%
|
2,236
|
—
|
—
|
—
|
—
|
—
|
| Cost of revenue |
1,021
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Gross profit |
1,455
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Operating income |
524
+7.3%
|
488
+16.7%
|
419
+2.5%
|
408
-9.3%
|
450
+118.1%
|
206
-31.7%
|
302
+2.8%
|
294
-13.7%
|
341
+20.8%
|
282
+3.6%
|
| Interest expense |
204
+1.5%
|
201
+8.3%
|
186
+55.0%
|
120
+12.4%
|
107
+1.0%
|
106
+1.1%
|
104
+6.1%
|
98
+10.4%
|
89
+15.4%
|
77
+3.5%
|
| Other income (expense) |
12
-48.2%
|
22
-4.3%
|
23
+369.0%
|
-9
-155.9%
|
-3
-3500.0%
|
0
-99.5%
|
21
+365.0%
|
-8
+36.5%
|
-13
-246.5%
|
9
+616.7%
|
| Pretax income |
331
+7.0%
|
310
+20.8%
|
256
-8.4%
|
280
-17.8%
|
340
+236.8%
|
101
-53.9%
|
219
+16.7%
|
188
-21.5%
|
239
+11.9%
|
214
+7.3%
|
| Income tax |
60
+1.7%
|
59
+51.3%
|
39
-34.1%
|
59
-14.0%
|
68
+452.4%
|
12
-64.1%
|
34
+230.2%
|
-26
-134.1%
|
78
+11.7%
|
70
+11.7%
|
| Net income |
272
+8.3%
|
251
+15.4%
|
218
-1.5%
|
221
-18.7%
|
272
+206.7%
|
89
-52.0%
|
185
-13.8%
|
214
+32.5%
|
162
+12.1%
|
144
+5.3%
|
| Net income to common |
257
+8.8%
|
236
+16.5%
|
202
-1.6%
|
206
-19.8%
|
256
+248.0%
|
74
-58.8%
|
179
-16.3%
|
214
+32.6%
|
161
+12.2%
|
144
+5.4%
|
| Basic EPS |
4.39
+4.5%
|
4.20
+8.8%
|
3.86
-2.5%
|
3.96
-20.3%
|
4.97
+245.1%
|
1.44
-59.2%
|
3.53
-18.9%
|
4.35
+26.5%
|
3.44
+5.5%
|
3.26
+3.2%
|
| Diluted EPS |
4.37
+4.3%
|
4.19
+8.8%
|
3.85
-2.5%
|
3.95
-20.4%
|
4.96
+244.4%
|
1.44
-59.1%
|
3.52
-18.7%
|
4.33
+26.2%
|
3.43
+5.9%
|
3.24
+2.5%
|
| Weighted average shares, basic |
0
+4.3%
|
0
+6.9%
|
0
-100.0%
|
52
+0.8%
|
52
+0.8%
|
51
+1.0%
|
51
+3.3%
|
49
+4.7%
|
47
+6.3%
|
44
+2.1%
|
| Weighted average shares, diluted |
0
+4.3%
|
0
+7.0%
|
0
-100.0%
|
52
+0.8%
|
52
+0.8%
|
51
+1.0%
|
51
+3.0%
|
49
+4.9%
|
47
+6.1%
|
44
+2.3%
|
| Other measures | ||||||||||
| Depreciation and amortization |
298
+7.1%
|
278
+9.3%
|
255
+7.4%
|
237
|
—
|
—
|
—
|
—
|
—
|
—
|
| EBITDA |
822
+7.2%
|
767
+13.9%
|
673
+4.3%
|
646
|
—
|
—
|
—
|
—
|
—
|
—
|
| Interest coverage |
2.57x
|
2.43x
|
2.25x
|
3.41x
|
4.22x
|
1.96x
|
2.90x
|
2.99x
|
3.83x
|
3.66x
|
| Margins | ||||||||||
| Gross margin |
58.76%
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Operating margin |
21.16%
|
18.83%
|
15.70%
|
18.57%
|
20.14%
|
—
|
—
|
—
|
—
|
—
|
| Pretax margin |
13.38%
|
11.94%
|
9.61%
|
12.72%
|
15.22%
|
—
|
—
|
—
|
—
|
—
|
| Profit margin |
10.97%
|
9.68%
|
8.16%
|
10.04%
|
12.15%
|
—
|
—
|
—
|
—
|
—
|
| EBITDA margin |
33.20%
|
29.57%
|
25.26%
|
29.36%
|
—
|
—
|
—
|
—
|
—
|
—
|
| Effective tax rate |
18.01%
|
18.96%
|
15.14%
|
21.06%
|
20.14%
|
12.28%
|
15.75%
|
-14.12%
|
32.44%
|
32.52%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
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
Source: SEC EDGAR filings. This is company-reported data, not investment advice.