To the full analysis
Spire stock: growth
SRSpire reported $2.48B in revenue for fiscal 2025, down 4.5% on the prior year, up 5.9% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
1.6%
per year from 2006 to 2025, per share −3.7%
Earnings (Annual rate)
9.4%
per year from 2006 to 2025, per share 3.4%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 5.9% | 2.3% | 1.6% |
| Revenue per share | 3.2% | −0.8% | −3.7% |
| Earnings | 25.1% | 7.1% | 9.4% |
| Earnings per share | 25.0% | 3.3% | 3.4% |
| Free cash flow | no data | no data | no data |
| Free cash flow per share | no data | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $1.84B | $49.04M | −$71.63M |
| 2007 | $1.86B | $49.77M | $22.42M |
| 2008 | $2.21B | $77.96M | −$93.15M |
| 2009 | $1.9B | $64.25M | $176.37M |
| 2010 | $1.74B | $54.04M | $49.92M |
| 2011 | $1.6B | $63.83M | $99.55M |
| 2012 | $1.13B | $62.64M | $19.26M |
| 2013 | $1.02B | $52.76M | $33.13M |
| 2014 | $1.63B | $84.6M | −$48.4M |
| 2015 | $1.98B | $136.9M | $32.6M |
| 2016 | $1.54B | $144.2M | $35M |
| 2017 | $1.74B | $161.6M | −$149.8M |
| 2018 | $1.97B | $214.2M | −$42.8M |
| 2019 | $1.95B | $184.6M | −$372.4M |
| 2020 | $1.86B | $88.6M | −$168.5M |
| 2021 | $2.24B | $271.7M | −$375M |
| 2022 | $2.2B | $220.8M | −$497.2M |
| 2023 | $2.67B | $217.5M | −$222.3M |
| 2024 | $2.59B | $250.9M | $51.1M |
| 2025 | $2.48B | $271.7M | −$344.4M |
Revenue by segment
How Spire Inc. makes its money and how that has shifted. Names are as the company reports them.
- Gas Utility89%
- Gas Marketing6%
- Midstream6%
Figures as a table
| 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|
| Gas Utility | $2.46B | $2.44B | $2.21B | 89.1% |
| Gas Marketing | $179.1M | $99.2M | $157.2M | 6.3% |
| Midstream | $66.1M | $100.7M | $155.5M | 6.3% |
| Total revenue | $2.67B | $2.59B | $2.48B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 30 Sep 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 15 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.