Spire Inc
Spire Inc operates in an unclassified economic sector with limited public disclosure regarding specific business activities or revenue generation mechanisms.
Business. Spire Inc operates in an unclassified economic sector with limited public disclosure regarding specific business activities or revenue generation mechanisms.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-07-28 · estimated
- Macro
- Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
- Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
- Congressional trades
- CongressLisa McClain — Spire Inc. Common Stock2025-10-31 · Republican · MI · Sale · $1,001 - $15,000
- CongressLisa McClain — Spire Inc. Common Stock2025-10-30 · Republican · MI · Sale · $1,001 - $15,000
- CongressLisa McClain — Spire Inc. Common Stock2025-10-30 · Republican · MI · Purchase · $1,001 - $15,000
- CongressLisa McClain — Spire Inc. Common Stock2025-06-17 · Republican · MI · Purchase · $1,001 - $15,000
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Spire Inc operates in an unclassified economic sector with limited public disclosure regarding specific business activities or revenue generation mechanisms.
- High leverage with debt-to-equity ratio of 0.99 and negative net cash position.
- Moderate profitability with 8.02% ROE and 2.35% ROA.
- Capital expenditures exceed operating cash flow, indicating debt-funded growth.
- Low dilution risk with no difference between basic and diluted shares.
- Analyst sentiment is slightly positive with a mean recommendation of 2.10.
- Lack of segment, geographic, and historical data limits comprehensive analysis.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 4,89 |
| Revenue | —no estimate | —no estimate | 2,5B USD |
| Operating income | —no estimate | —no estimate | 584,5M USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- SVP, President, Spire MO · Phantom Stock → Common StockDisposed 5tax · 2025-11-18
- SVP, CCIO · Phantom Stock → Common StockAcquired 1 238grant · 2025-11-18
- SVP, CCIO · Phantom Stock → Common StockDisposed 30tax · 2025-11-18
- SVP, CCIO · Phantom Stock → Common StockDisposed 9tax · 2025-11-18
- VP, Pres., Spire AL, MS & Gulf · Phantom Stock → Common StockAcquired 442grant · 2025-11-18
- VP, Pres., Spire AL, MS & Gulf · Phantom Stock → Common StockDisposed 11tax · 2025-11-18
- VP, Pres., Spire AL, MS & Gulf · Phantom Stock → Common StockAcquired 133grant · 2025-11-18
- VP, Pres., Spire AL, MS & Gulf · Phantom Stock → Common StockDisposed 4tax · 2025-11-18
- SVP, CCIO · Phantom Stock → Common StockAcquired 370grant · 2025-11-18
- SVP, President, Spire MO · Phantom Stock → Common StockAcquired 590grant · 2025-11-18
- SVP, President, Spire MO · Phantom Stock → Common StockDisposed 14tax · 2025-11-18
- SVP, President, Spire MO · Phantom Stock → Common StockAcquired 175grant · 2025-11-18
Physical assets
3 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| MoGas Pipeline | Gas pipeline | Gas | United States | Parent |
| MoGas Pipeline | Gas pipeline | Gas | United States | Parent |
| Spire STL Pipeline | Gas pipeline | Gas | United States | Parent |
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Cash Conversion Ratiooperating_cash_flow / net_income
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Return On Equitynet_income / total_equity
- Return On Assetsnet_income / total_assets
- Spire Inc. Market data — financials · 2026-06-25
- ha_refusal_refire fired on SR.O · 2026-06-25
- Spire Inc Market data — analyst estimates · 2026-06-25
- Spire Inc Market data — ESG · 2026-06-25
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,10 %$189M
- Investment Managers · as of 2026-03-310,04 %$50M
- Investment Managers · as of 2026-03-310,03 %$0M
- Institutional Investor · as of 2026-03-310,02 %$65M
- Investment Managers · as of 2026-03-310,02 %$34M
- Investment Managers · as of 2026-03-310,02 %$93M
- Investment Managers · as of 2026-03-310,02 %$37M
- Investment Managers · as of 2024-12-310,02 %$57M
- Investment Managers · as of 2026-03-310,01 %$60M
- Investment Managers · as of 2024-06-300,01 %$449M
- Institutional Investor · as of 2026-03-310,01 %$55M
- Investment Managers · as of 2026-03-310,01 %$66M
- Investment Managers · as of 2026-03-310,01 %$155M
- Investment Managers · as of 2026-03-310,01 %$272M
- Investment Managers · as of 2026-03-310,01 %$69M
- Investment Managers · as of 2026-03-310,01 %$17M
- Funds · as of 2026-03-310,01 %$55M
- Investment Managers · as of 2026-03-310,01 %$46M
- Investment Managers · as of 2025-12-310,01 %$532M
- Investment Managers · as of 2026-03-310,01 %$57M
- Investment Managers · as of 2026-03-310,00 %$79M
- Investment Managers · as of 2026-03-310,00 %$9M
- Institutional Investor · as of 2026-03-310,00 %$9M
- Brokerage Firms · as of 2026-03-310,00 %$8M
- Institutional Investor · as of 2026-03-310,00 %$2M
- Institutional Investor · as of 2026-03-310,00 %$2M
- Brokerage Firms · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$8M
- Investment Managers · as of 2026-03-310,00 %$1M
Insider activity
- Treasurer · Common StockOther 1 100 @ $78,65$87K · 2026-06-15
- Director · Common StockBought 500 @ $78,46$39K · 2026-06-11
- SVP, CCIO · Common StockSold 3 822 @ $80,51$308K · 2026-06-09
- Director · Common StockBought 500 @ $80,50$40K · 2026-06-01
- Director · Common StockBought 2 000 @ $85,81$172K · 2026-05-08
- Director · 5.9% Series A. Cumulative Redeemable Perpet. Preferred StockOther 8 846 @ $25,00$221K · 2026-02-13
- Director · Common StockOther 1 640 @ $85,27$140K · 2026-02-05
- Director · Common StockOther 1 640 @ $85,27$140K · 2026-02-05
- Director · Common StockOther 1 640 @ $85,27$140K · 2026-02-05
- Director · Common StockOther 1 640 @ $85,27$140K · 2026-02-05
- Director · Common StockOther 1 640 @ $85,27$140K · 2026-02-05
- Director · Common StockOther 1 640 @ $85,27$140K · 2026-02-05
- Director · Common StockOther 1 640 @ $85,27$140K · 2026-02-05
- Director · Common StockOther 1 640 @ $85,27$140K · 2026-02-05
- Director, CEO and President · Common StockOther 1 359 @ $83,59$114K · 2026-01-20
- SVP, President, Spire MO · Common StockOther 83 @ $86,16$7K · 2025-11-18
- SVP, President, Spire MO · Common StockOther 588 @ $86,16$51K · 2025-11-18
- SVP, President, Spire MO · Common StockOther 277 @ $86,16$24K · 2025-11-18
- SVP, President, Spire MO · Common StockOther 710 @ $86,16$61K · 2025-11-18
- Treasurer · Common StockOther 146 @ $86,16$13K · 2025-11-18
- Treasurer · Common StockOther 1 476 @ $86,16$127K · 2025-11-18
- Treasurer · Common StockOther 488 @ $86,16$42K · 2025-11-18
- Treasurer · Common StockOther 1 700 @ $86,16$146K · 2025-11-18
- SVP, CAO and Corp Secretary · Common StockOther 148 @ $86,16$13K · 2025-11-18
- SVP, CAO and Corp Secretary · Common StockOther 1 177 @ $86,16$101K · 2025-11-18
Short positioning
Geographic breakdown
Intel & risk
4 tracked-field change(s) detected vs prior analysis; max severity: medium.
- Dilution risk— → lowlow
- Liquidity risk— → mediumlow
- Activity— → Unclassifiedmedium
- Economic sector— → Unclassifiedmedium
- Narrative— → —medium
- Business summary— → —medium
- Conclusion— → —medium
- Key takeaways— → —medium
Evidence & claims
From filings & derived data- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -64.3%Derived (calculated)
- Current ratio (FY 2025-12-31): 0.61xDerived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 20.3%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 5.4%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 3.7%Derived (calculated)
- Shareholders' equity (annual): USD 3.43BSEC XBRL filing
- Cash & equivalents (annual): USD 4.1MSEC XBRL filing
- Total assets (annual): USD 11.88BSEC XBRL filing
- Current liabilities (annual): USD 1.71BSEC XBRL filing
- Long-term debt (annual): USD 4.45BSEC XBRL filing
- Shares outstanding (annual): 59.1MSEC XBRL filing
- Current assets (annual): USD 1.04BSEC XBRL filing
- Operating income (YoY) (2025-09-30 vs 2024-09-30): 7.3%Derived (calculated)
- Cost of revenue (YoY) (2025-09-30 vs 2024-09-30): -17.1%Derived (calculated)
- Revenue (YoY) (2025-09-30 vs 2024-09-30): -4.5%Derived (calculated)
- Operating cash flow (YoY) (2025-09-30 vs 2024-09-30): -36.7%Derived (calculated)
- Net income (YoY) (2025-09-30 vs 2024-09-30): 8.3%Derived (calculated)
- EPS (diluted) (YoY) (2025-09-30 vs 2024-09-30): 4.3%Derived (calculated)
- EPS (basic) (YoY) (2025-09-30 vs 2024-09-30): 4.5%Derived (calculated)
- Net margin (FY 2025-09-30): 11.0%Derived (calculated)
- Capex (YoY) (2025-09-30 vs 2024-09-30): 7.1%Derived (calculated)
- EPS (diluted) (annual): USD-PER-SHARES 4SEC XBRL filing
- Net income (annual): USD 271.7MSEC XBRL filing
- Cost of revenue (annual): USD 1.02BSEC XBRL filing