SPIRE INC (SR)
Utilities · Natural gas utilities and midstream infrastructure · NYSE
Regulated natural gas utility and midstream infrastructure operator serving the central and southeastern United States with diversified operations in distribution, transmission, storage, and gas marketing.
What SPIRE INC does
Spire Inc. is a natural gas utility company operating regulated gas distribution and transmission infrastructure across Missouri, Alabama, Mississippi, and Tennessee. The company serves residential, commercial, and industrial customers through its Gas Utility Segment, with additional operations in natural gas storage, midstream pipeline infrastructure through Spire MoGas Pipeline and Spire Storage, and natural gas marketing services through Spire Marketing.
Themes: ["Natural gas distribution","Midstream infrastructure / pipelines","Natural gas storage","Gas marketing and supply","Regulated utilities"]
Fundamentals
- Price$80.58 as of 2026-07-09 close
- Market cap$4.8B as of 2026-07-10
- 1-year return+8.9% as of 2026-07-09 close
- P/E13.28 as of 2026-07-10
- Net margin+14.1% as of 2026-07-10
- ROE+10.4% as of 2026-07-10
- Debt / equity2.33 as of 2026-07-10
- Revenue growth (YoY)+4.5% as of 2026-07-10
- Revenue CAGR (3y)+4.0% SEC XBRL
- Beta0.57 as of 2026-07-10
Dividend: yield +4.1%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Regulatory risk: rates and returns are subject to approval by multiple state public service commissions (MoPSC, APSC, MSPSC, TPUC) which could limit growth and profitability","Commodity price volatility: fluctuations in natural gas prices directly impact operating costs and customer demand, with pass-through mechanisms that may not fully offset exposure","Energy transition and climate policy risk: long-term shift away from fossil fuels toward renewable energy and electrification could reduce demand for natural gas distribution services"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.