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SR on NYSE

Spire Inc.

Logo: Spire Inc., Public domain, via Wikimedia Commons5

American utility company

Spire Inc. is a regional public utility holding company based in St. Louis, Missouri. It provides natural gas service as a regulated utility; it also pursues other profit-making businesses. Its primary subsidiary, Laclede Gas Company, is the largest natural gas distribution utility in Missouri, serving about 631,000 residential, commercial and industrial customers in the city of St. Louis and ten counties in eastern Missouri.3 Its shares trade on NYSE under the symbol SR.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

$2.5BRevenue, fiscal 20256
$271.7MNet income, fiscal 20256
1857Founded1

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  • TickerSR on NYSE1
  • Industrypetroleum industry1
  • HeadquartersSt. Louis1
  • Websitewww.spireenergy.com
  • Incorporated inMO7
  • Business address700 Market Street, St Louis, Mo 631017
  • Filer categoryLarge accelerated filer7
  • Legal formFor-Profit Corporation4
  • LEI549300NXSY15DRY2R5114
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O INCORP SERVICES, INC., 65804 Springfield, United States4
  • Registered withCorporations Unit, Business Services (Office of the Secretary of State), 004891144

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Spire Inc. is a regional public utility holding company based in St. Louis, Missouri. It provides natural gas service as a regulated utility; it also pursues other profit-making businesses. Its primary subsidiary, Laclede Gas Company, is the largest natural gas distribution utility in Missouri, serving about 631,000 residential, commercial and industrial customers in the city of St. Louis and ten counties in eastern Missouri. Its corporate headquarters is in the 700 Market building in downtown St. Louis.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

21.2%Operating margin6
11.0%Net margin6
-4.5%Revenue growth, 20256
8.0%Return on equity6
0.99×Debt to equity6
-$344.4MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Gas Utility brought in 89% of the revenue Spire Inc. broke down this way in fiscal 2025.

  1. Gas Utility$2.2B689%down 9% from 2024
  2. Gas Marketing$157.2M66%up 58% from 2024
  3. Midstream$109.2M64%up 92% from 2024
  4. Other Operating$2.5M60%up 257% from 2024
Business segments by year
Business segments202320242025
Gas Utility$2.5B$2.4B$2.2B
Gas Marketing$179.1M$99.2M$157.2M
Midstream$29.9M$56.9M$109.2M
Other Operating$700.0K$700.0K$2.5M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue41¢$1.0B
  • Other costs37¢$919.7M
  • Interest8¢$204.1M
  • Income tax2¢$59.7M
  • Profit11¢$271.7M

Out of $2.5B in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending84¢$922.4M
  • Dividends paid16¢$182.2M

Out of $578.0M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.6

Financial statements

Revenue101112136$2.5B in 2025+27% since 2019
0$1.0B$2.0B$3.0B2019: $2.0B$2.0B20192020: $1.9B$1.9B2020−5%2021: $2.2B$2.2B2021+20%2022: $2.2B$2.2B2022−2%2023: $2.7B$2.7B2023+21%2024: $2.6B$2.6B2024−3%2025: $2.5B$2.5B2025−4%
Operating income14101112136$523.9M in 2025+78% since 2018
0$200.0M$400.0M$600.0M2018: $294.1M$294.1M20182019: $302.3M$302.3M2019+3%2020: $206.4M$206.4M2020−32%2021: $450.2M$450.2M2021+118%2022: $408.2M$408.2M2022−9%2023: $418.6M$418.6M2023+3%2024: $488.3M$488.3M2024+17%2025: $523.9M$523.9M2025+7%
Net income14101112136$271.7M in 2025+27% since 2018
0$100.0M$200.0M$300.0M2018: $214.2M$214.2M20182019: $184.6M$184.6M2019−14%2020: $88.6M$88.6M2020−52%2021: $271.7M$271.7M2021+207%2022: $220.8M$220.8M2022−19%2023: $217.5M$217.5M2023−1%2024: $250.9M$250.9M2024+15%2025: $271.7M$271.7M2025+8%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2025-09-302024-09-302023-09-30
Operating Revenues$2.5B$2.6B$2.7B
Natural gas$905.5M$1.1B$1.3B
Operation and maintenance$542.1M$507.4M$517.6M
Depreciation and amortization$298.2M$278.4M$254.8M
Taxes, other than income taxes$206.7M$215.6M$214.5M
Total Operating Expenses$2.0B$2.1B$2.2B
Operating Income$523.9M$488.3M$418.6M
Interest Expense$204.1M$201.1M$185.7M
Other Income, Net$11.6M$22.4M$23.4M
Income Before Income Taxes$331.4M$309.6M$256.3M
Income Tax Expense$59.7M$58.7M$38.8M
Net Income$271.7M$250.9M$217.5M
Provision for preferred dividends$14.8M$14.8M$14.8M
Income allocated to participating securities$300.0K$300.0K$300.0K
Net Income Available to Common Shareholders$256.6M$235.8M$202.4M
Basic (in shares)58 shares56 shares52 shares
Diluted (in shares)59 shares56 shares53 shares
Basic Earnings Per Share of Common Stock (in dollars per share)$4.39$4.20$3.86
Diluted Earnings Per Share of Common Stock (in dollars per share)$4.37$4.19$3.85

Compare Spire Inc. with another company

Corporate structure

Spire Inc. sits at the top of its group. 26 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Spire Inc.

  • Spire Inc. Saint Louis, Missouri, United States
    • Laclede Gas Company Saint Louis, Missouri, United States
    • Belle Butte LLC Subsidiary · Missouri, United States
    • BOARDWALK CONTINUUM MARKETING, LLC Subsidiary · Houston, Texas, United States
    • Laclede Development Company Subsidiary · Missouri, United States
    • Laclede Insurance Risk Services, Inc. Subsidiary · South Carolina, United States
    • Omega Pipeline Company, LLC Subsidiary · Delaware, United States
    • Spire Alabama Inc. Subsidiary · Wetumpka, Alabama, United States
    • Spire EnergySouth Inc. Subsidiary · Delaware, United States
    • Spire Gulf Inc. Subsidiary · Wetumpka, Alabama, United States
    • Spire Marketing Inc. Subsidiary · Missouri, United States
    • Spire Midstream LLC Subsidiary · Springfield, Missouri, United States
      • SPIRE MOGAS PIPELINE LLC Subsidiary · Saint Peters, Missouri, United States
      • Spire STL Pipeline LLC Subsidiary · Saint Louis, Missouri, United States
    • Spire Mississippi Inc. Subsidiary · Hattiesburg, Mississippi, United States
    • Spire Missouri Inc. Subsidiary · Missouri, United States
    • Spire MoGas Pipeline LLC Subsidiary · Delaware, United States
    • Spire NGL Inc. Subsidiary · Missouri, United States
    • Spire Oil Services LLC Subsidiary · Missouri, United States
    • Spire Properties Wentzville LLC Subsidiary · Delaware, United States
    • Spire Resources LLC Subsidiary · Missouri, United States
    • Spire Services Inc. Subsidiary · Missouri, United States
    • Spire STL Pipeline LLC Subsidiary · Missouri, United States
    • Spire Storage Salt Plains LLC Subsidiary · Delaware, United States
    • SPIRE STORAGE WEST LLC Subsidiary · Saint Louis, Missouri, United States
    • Spire Tennessee Inc. Subsidiary · Tennessee, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Spire Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$1.1B6 Sep 30, 2025$1.1B6 Sep 30, 2024+8.0%
Accumulated depreciation$129.4M6 Sep 30, 2025$96.8M6 Sep 30, 2024+33.7%
Property and equipment, net$1.0B6 Sep 30, 2025$955.3M6 Sep 30, 2024+5.4%
Operating-lease assets (leased space)$59.2M6 Sep 30, 2025$63.1M6 Sep 30, 2024−6.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$5.7M6 Sep 30, 2025$4.5M6 Sep 30, 2024+26.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.2B6 Sep 30, 2025$1.2B6 Sep 30, 20240%

Properties, in its own words

Refer to the information below about the principal properties of Spire Missouri and Spire Alabama. The Spire EnergySouth utilities own more than 5,500 miles of pipelines. Other properties of Spire and its subsidiaries do not constitute a significant portion of its properties. For information on leases, see Note 17, Leases, of the Notes to Financial Statements in Item 8.

The principal properties of Spire Missouri consist of its gas distribution system, which includes more than 32,000 miles of main and related service lines, odorization and regulation facilities, and customer meters. The mains and service lines are located in municipal streets or alleys, public streets or highways, or on lands of others for which Spire Missouri has obtained the necessary legal rights to place and operate its facilities on such property. Spire Missouri has an underground natural gas storage facility, several operating centers, and other related properties. Substantially all of Spire Missouri’s utility plant is subject to the liens of its mortgage. All the properties of Spire Missouri are held in fee, by easement, or under lease agreements.

The rest of Item 2

The properties of Spire Alabama consist primarily of its gas distribution system, which includes more than 24,000 miles of main and related service lines, odorization and regulation facilities, and customer meters. The mains and service lines are located in municipal streets or alleys, public streets or highways, or on lands of others for which Spire Alabama has obtained the necessary legal rights to place and operate its facilities on such property. Spire Alabama also has four LNG facilities, several operating centers, and other related properties. All the properties of Spire Alabama are held in fee, by easement, or under lease agreements.

Item 2 of the 10-K filed Nov 14, 2025.19

The story

Laclede Gas Company was one of the original 12 industrial companies that made up the Dow Jones Industrial Average but was removed in 1899. On December 7, 2009, executives from The Laclede Group visited the New York Stock Exchange (NYSE) to ring the closing bell and commemorate the company's 120th anniversary of trading on the exchange. The Company first listed its stock on November 14, 1889, making it the 8th-oldest listed stock on the NYSE.

On February 1, 2012, Laclede hired its first female CEO, Suzanne Sitherwood.

In 2013, The Laclede Group acquired Missouri Gas Energy from Southern Union Company, expanding their Missouri holdings to include Kansas City.

In 2014 Laclede acquired Alabama Gas Corporation (Alagasco), which serves the Greater Birmingham, East Lauderdale County, Gadsden, Jasper, Anniston-Oxford, Greater Tuscaloosa, Greater Montgomery, Opelika-Auburn, Tuskegee, Selma, and many Black Belt communities as Spire Alabama Inc.

On April 28, 2016, The Laclede Group shareholders approved renaming the company to Spire. Later in 2016, Spire acquired Energy South, Inc from Sempra U.S. Gas & Power, the parent company of Mobile Gas and Willmut Gas. Mobile Gas operates in Mobile, Alabama as Spire Gulf Coast Inc. while Willmut gas operates in Hattiesburg, Mississippi as Spire Mississippi Inc..

From Wikipedia’s article on Spire Inc., shared under CC BY-SA 4.0.8

Leadership

Who has led Spire Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Roger G. Little2006–2013
  2. Douglas H. Yaeger2006–2011
  3. Suzanne Sitherwood2012–2022
  4. Steven L. Lindsey2023–2024

Chair

  1. Roger G. Little2006–2013
  2. Douglas H. Yaeger2006–2011

President

  1. Douglas H. Yaeger2006–2011
  2. Scott E. Jaskowiak2011
  3. Suzanne Sitherwood2011–2022
  4. Joseph B. Hampton2019–2024
  5. Steven L. Lindsey2023–2024

Chief financial officer

  1. Christian Dufresne2006–2009
  2. Kevin Beauchamp2006
  3. Barry C. Cooper2006–2007
  4. Mark D. Waltermire2007–2011
  5. Robert S. Lieberman2010

Chief operating officer

  1. Rodger W. Lafavre2006–2010
  2. Steven L. Lindsey2012
  3. Scott B. Carter2019–2022
  4. Steven C. Greenley2025–now
197019801990200020102020
Board members and other officers (53)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Belle Butte LLC Missouri9
  • Laclede Development Company Missouri9
  • Laclede Insurance Risk Services, Inc. South Carolina9
  • Omega Pipeline Company, LLC Delaware9
  • Spire Alabama Inc. Alabama9
  • Spire EnergySouth Inc. Delaware9
  • Spire Gulf Inc. Alabama9
  • Spire Marketing Inc. Missouri9
  • Spire Midstream LLC Missouri9
  • Spire Mississippi Inc. Mississippi9
  • Spire Missouri Inc. Missouri9
  • Spire MoGas Pipeline LLC Delaware9
  • Spire NGL Inc. Missouri9
  • Spire Oil Services LLC Missouri9
  • Spire Properties Wentzville LLC Delaware9
  • Spire Resources LLC Missouri9
  • Spire STL Pipeline LLC Missouri9
  • Spire Services Inc. Missouri9
  • Spire Storage Salt Plains LLC Delaware9
  • Spire Storage West LLC Delaware9
  • Spire Tennessee Inc. Tennessee9

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • LACLEDE GROUP INCOct 27, 2000 to Apr 13, 20167

Timeline

  1. Oct 13, 20268-K Entered a material agreement; New debt or obligation88
  2. Oct 8, 20268-K Other events89
  3. Sep 1, 20268-K Entered a material agreement90
  4. Aug 5, 20268-K Results of operations; Regulation FD disclosure91
  5. Jul 8, 20268-K Regulation FD disclosure92
  6. Jun 30, 20268-K Completed an acquisition or sale; Regulation FD disclosure93
  7. May 6, 20268-K Results of operations; Regulation FD disclosure94
  8. May 1, 20268-K Entered a material agreement95
  9. Apr 30, 20268-K Completed an acquisition or sale; Regulation FD disclosure96
  10. Apr 22, 20268-K Entered a material agreement; Regulation FD disclosure97
  11. Apr 15, 20268-K Entered a material agreement; Regulation FD disclosure98
  12. Apr 6, 20268-K Financial statements and exhibits99
  13. Nov 21, 2023New chief executive Steven L. Lindsey becomes CEO20
  14. Apr 29, 2016Went public Listed on NYSE1
  15. Sep 5, 2012New chief executive Suzanne Sitherwood becomes CEO21
  16. Nov 3, 2006New chief executive Douglas H. Yaeger becomes CEO23
  17. Jan 26, 2006New chief executive Roger G. Little becomes CEO22
  18. Nov 13, 1889Went public Listed on NYSE1
  19. 1857Founded Founded1

Calendar

Coming up

  1. Nov 13, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.47) a share, on Nov 14, 2025.100

When it reported results

  1. Aug 5, 2026Reported quarterly or annual results91
  2. May 6, 2026Reported quarterly or annual results94
  3. Feb 3, 2026Reported quarterly or annual results101
  4. Nov 14, 2025Reported quarterly or annual results102
  5. Feb 5, 2025Reported quarterly or annual results103
  6. Nov 20, 2024Reported quarterly or annual results104
  7. Jul 31, 2024Reported quarterly or annual results105
  8. May 1, 2024Reported quarterly or annual results106

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

353 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 91 major events, 172 insider forms, 23 large holders, 47 other. The latest 20:

  1. Oct 13, 20268-K EDGAR
  2. Oct 8, 20268-K EDGAR
  3. Sep 1, 20268-K EDGAR
  4. Aug 12, 20264 PRIMARY DOCUMENT EDGAR
  5. Aug 5, 202610-Q EDGAR
  6. Aug 5, 20268-K EDGAR
  7. Jul 8, 20268-K EDGAR
  8. Jun 30, 20268-K EDGAR
  9. Jun 25, 202611-K EDGAR
  10. Jun 16, 20264 PRIMARY DOCUMENT EDGAR
  11. Jun 12, 20264 PRIMARY DOCUMENT EDGAR
  12. Jun 10, 20264 PRIMARY DOCUMENT EDGAR
  13. Jun 4, 20264 PRIMARY DOCUMENT EDGAR
  14. May 11, 20264 PRIMARY DOCUMENT EDGAR
  15. May 6, 202610-Q EDGAR
  16. May 6, 20268-K EDGAR
  17. May 1, 20268-K EDGAR
  18. Apr 30, 2026SCHEDULE 13G EDGAR
  19. Apr 30, 20268-K EDGAR
  20. Apr 30, 2026S-3ASR EDGAR

The 353 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

22 open-market trades by officers, directors and large owners since October 2021: 13 buys and 9 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 11, 2026KOONCE PAUL DDirectorBuy500$78.46$39.2KForm 4
Jun 9, 2026Hyman Ryan LSVP, CCIOSale3,822$80.51$307.7KForm 4
Jun 1, 2026KOONCE PAUL DDirectorBuy500$80.50$40.2KForm 4
May 8, 2026KOONCE PAUL DDirectorBuy2,000$85.81$171.6KForm 4
Dec 13, 2024Hampton Joseph B.VP, Pres., Spire AL, MS & GulfSale1,472$67.61$99.5KForm 4
Dec 13, 2024Woodard Adam W.TreasurerSale1,150$67.47$77.6KForm 4
Dec 2, 2024KOONCE PAUL DDirectorBuy1,000$73.61$73.6KForm 4
Aug 22, 2024Gorla Gerard J.VP, Chief HR OfficerSale500$64.82$32.4KForm 4
Aug 2, 2024Fogarty Maria V.DirectorSale6,590$65.15$429.3KForm 4
Aug 2, 2024KOONCE PAUL DDirectorBuy500$66.13$33.1KForm 4
Jun 13, 2024Rasche Steven PExecutive Vice PresidentBuy4,500$23.83$107.2KForm 4
Mar 15, 2024Woodard Adam W.TreasurerSale1,229$59.58$73.2KForm 4
Feb 7, 2024Hampton Joseph B.VP, Pres., Spire AL, MS & GulfSale1,294$58.13$75.2KForm 4
Feb 5, 2024KOONCE PAUL DDirectorBuy425$58.66$24.9KForm 4
Nov 20, 2023KOONCE PAUL DDirectorBuy500$60.95$30.5KForm 4
Sep 13, 2023Woodard Adam W.TreasurerSale779$60.42$47.1KForm 4
Sep 7, 2023Rasche Steven PExecutive Vice PresidentBuy3,100$30.82$95.5KForm 4
Sep 1, 2023Woodard Adam W.TreasurerBuy1,000$58.70$58.7KForm 4
Aug 17, 2023KOONCE PAUL DDirectorBuy5,000$59.27$296.4KForm 4
Mar 31, 2023Newberry Brenda DDirectorBuy262$70.43$18.5KForm 4

All 22 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Steven L. LindseyFormer President and Chief Executive Officer$497.3K$5.1M114
2025Scott E. DoylePresident and Chief Executive Officer$701.3K$3.3M114
2025Steven P. RascheFormer Executive Vice President, Chief Financial Officer$261.6K$1.3M114
2025Adam W. WoodardExecutive Vice President, Chief Financial Officer$385.1K$1.1M114
2025Matthew J. AplingtonSenior Vice President, Chief Legal Officer$358.7K$978.4K114
2025Ryan L. HymanSenior Vice President, Chief Customer and Information Officer$400.2K$895.3K114
2025Stephen M. MillsSenior Vice President, President, Spire Missouri$331.8K$812.0K114
2024Steven L. LindseyFormer President and Chief Executive Officer$803.1K$3.4M114
2024Scott E. DoylePresident and Chief Executive Officer$393.5K$1.8M114
2024Steven P. RascheFormer Executive Vice President, Chief Financial Officer$511.7K$1.8M114
2024Ryan L. HymanSenior Vice President, Chief Customer and Information Officer$382.5K$932.7K114
2023Steven L. LindseyFormer President and Chief Executive Officer$566.9K$2.1M114
2023Steven P. RascheFormer Executive Vice President, Chief Financial Officer$490.0K$1.6M114

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.8,549,646$667.6M0.0%+571,333
Vanguard Portfolio Management LLC3,568,708$278.7M0.0%+57,956
State Street Corp3,143,049$247.9M0.0%+167,284
Vanguard Capital Management LLC2,559,670$199.9M0.0%+12,440
American Century Companies Inc2,218,679$173.3M0.1%+126,540
Fuller & Thaler Asset Management, Inc.1,678,028$131.0M0.4%+30,075
Geode Capital Management, LLC1,648,984$128.8M0.0%−58,177
Captrust Financial Advisors1,084,020$84.7M0.1%−143,156
Adage Capital Partners Gp, L.l.c.1,076,440$84.1M0.1%−125,000
Vaughan Nelson Investment Management, L.P.1,051,301$82.1M0.7%+199,569
Dimensional Fund Advisors LP1,029,256$80.4M0.0%+5,365
River Road Asset Management, LLC993,125$77.6M0.9%New
Duff & Phelps Investment Management Co967,949$75.6M0.7%+35,367
Northern Trust Corp794,424$62.0M0.0%+29,544
Morgan Stanley765,083$59.7M0.0%−105,564
Nomura Asset Management International Inc.757,628$59.2M0.1%−200,146
Massachusetts Financial Services Co /ma/718,104$56.1M0.0%+2,785
Qube Research & Technologies Ltd709,903$55.4M0.1%+383,347
Charles Schwab Investment Management Inc705,659$55.1M0.0%−27,211
Norges Bank703,256$54.9M0.0%New
Goldman Sachs Group Inc689,718$53.9M0.0%+58,537
Nuveen, LLC688,063$53.7M0.0%−394,491
Invesco Ltd.679,359$53.1M0.0%+74,598
Wellington Management Group Llp667,616$52.1M0.0%+8,927
Bank of New York Mellon Corp588,970$46.0M0.0%−21,053

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

9 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Oct 31, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000+19.7%Report
Oct 30, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−21.2%Report
Oct 30, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000+21.2%Report
Jun 17, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−17.4%Report
Jul 12, 2023Daniel S. GoldmanDemocratic, HouseSale$1,001 - $15,000+46.6%Report
Apr 10, 2023Daniel S. GoldmanDemocratic, HouseSale$1,001 - $15,000+75.2%Report
Mar 6, 2023Daniel S. GoldmanDemocratic, HousePartial sale$1,001 - $15,000+73.4%Report
Mar 1, 2023Daniel S. GoldmanDemocratic, HouseBuy$1,001 - $15,000−80.9%Report
Jan 31, 2023Daniel S. GoldmanDemocratic, HouseBuy$1,001 - $15,000−78.1%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Spire Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSPIRE INC2
  • CIK0001126956
  • Employer ID (EIN)74-297650419
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company19
  • Incorporated inMissouri19
  • Fiscal year endsSeptember 302
  • Industry code (SIC)4924 Natural Gas Distribution2
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance2
  • Business address700 Market Street, St Louis, MO 631012
  • Phone31434205002
  • Shares outstanding59,038,129 shares; 26,822 Spire Missouri shares; 1,972,052 Spire Alabama Inc shares as of Nov 14, 202519
  • Public float$4.4B as of Mar 31, 202519
  • AuditorDeloitte & Touche LLP, St. Louis, Missouri PCAOB ID 34; it also attests to the company’s internal control over financial reporting19
  • On EDGAR sinceOct 27, 20002
  • Filings1,546 in all: 4 (662), 8-K (333), 10-Q (75), 11-K (63), SC 13G/A (49), 3 (37), UPLOAD (27), DEF 14A (26)2
    All 48 form types

    10-K (24), CORRESP (20), 4/A (19), S-8 (19), DEFA14A (17), 424B3 (15), ARS (15), SC 13G (14), 8-K/A (13), S-3ASR (13), 424B2 (12), 424B5 (12), FWP (11), S-8 POS (10), U-3A-2 (5), 15-15D (4), 3/A (4), 8-A12B (4), POS AM (4), SCHEDULE 13G/A (4), 10-Q/A (3), 11-K/A (3), S-3DPOS (3), 305B2 (2), CERT (2), CT ORDER (2), EFFECT (2), NT 11-K (2), POSASR (2), S-3 (2), S-3D (2), SCHEDULE 13G (2), 10-K/A (1), 10-K405 (1), 25-NSE (1), AW (1), PRE 14A (1), RW (1), S-4 (1), S-4/A (1)

  • Latest filingsAnnual report (10-K) Nov 14, 2025
    Quarterly report (10-Q) Aug 5, 2026
    Proxy statement (DEF 14A) Dec 16, 2025
    Latest 8-K (8-K) Oct 13, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock $1.00 par valueSRNew York Stock Exchange LLC
Depositary SharesSR.PRANew York Stock Exchange LLC

From the cover page of the 10-K filed Nov 14, 2025 (Section 12(b) of the Exchange Act).19

Risk factors and legal proceedings

The risks Spire Inc. names in Item 1A of its 10-K filed Nov 14, 2025: 29 risks under these headings, as written.19

  • RISKS AND UNCERTAINTIES THAT RELATE TO REGULATORY, LEGISLATIVE AND LITIGATION FACTORS
  • Regulatory and legislative developments in the energy industry related to climate change or in support of increased energy efficiency may adversely affect operations and financial results.
  • Regulation of the Utilities’ businesses may impact rates they are able to charge, costs, and profitability.
  • Federal safety and integrity regulations related to pipeline and storage operators and owners of critical infrastructure may impose significant costs and liabilities on the Company.
  • Environmental laws and regulations may require significant expenditures or increase operating costs.
  • The Utilities’ liquidity may be adversely affected by delays in recovery of their costs, due to regulation.
  • Changes to income tax policy, certain tax elections, tax regulations and future taxable income could adversely impact the Company’s financial condition and results of operations.
  • The Company may be involved in legal or administrative proceedings before various courts and governmental bodies that could adversely affect its results of operations and financial condition.
  • Commodity markets and derivative instruments are regulated by federal agencies, and new developments in this area may adversely impact Spire Marketing’s results of operations and financial condition.
  • RISKS THAT RELATE TO OPERATIONAL FACTORS
  • The Company’s ability to meet its customers’ natural gas requirements may be impaired if contracted gas supplies, interstate pipeline and/or storage services are not available or delivered in a timely manner.
  • Transporting, distributing, and storing natural gas and propane involves numerous risks that may result in accidents and other operational issues.
The other 19 risks
  • Because of competition, the Company may not be able to retain existing customers or acquire new customers, or may be unsuccessful in retaining or acquiring contractual assets on favorable terms, which could have an adverse impact on its business, results of operations and financial condition.
  • Significantly warmer-than-normal weather conditions and the effects of climate change may affect the Utilities’ sale of heating energy and adversely impact their financial position and results of operations.
  • The Company’s natural gas storage business includes inherent geologic and operational risks.
  • Increased dependence on technology may hinder the Company’s business operations and adversely affect their financial condition and results of operations if such technologies fail.
  • A cyberattack may disrupt the Company’s operations or lead to a loss or misuse of confidential and proprietary information or potential liability.
  • The Company’s business activities are concentrated in a few states and regions.
  • RISKS THAT RELATE TO FINANCIAL, ECONOMIC AND MARKET FACTORS
  • As a holding company, Spire depends on its operating subsidiaries to meet its financial obligations.
  • A downgrade in Spire’s and/or its subsidiaries’ credit ratings and/or reduced access to credit and capital markets may negatively affect its cost of capital or prevent it from executing operating strategies.
  • Regional supply/demand imbalances, fluctuations in natural gas commodity prices, changes in the terms and rates charged by midstream facilities, and infrastructure projects may adversely impact the future profitability of the Company.
  • Rapid significant increases in natural gas prices may adversely affect the Utilities’ liquidity and, in certain circumstances, results of operations.
  • Risk management policies, including the use of derivative instruments, may not fully protect Spire Marketing’s sales and results of operations from volatility and may result in financial losses.
  • Spire’s pension and other postretirement benefit plans are subject to investment and interest rate risk that could negatively impact its financial condition.
  • In connection with acquisitions, Spire and Spire Missouri recorded goodwill and long-lived assets that could become impaired and adversely affect its financial condition and results of operations.
  • GENERAL RISK FACTORS
  • Resources expended to pursue or integrate business acquisitions, investments, or other business arrangements may adversely affect Spire’s financial position and results of operations, and the return on such investments may not meet the Company’s expectations.
  • Unexpected losses may adversely affect Spire’s or its subsidiaries’ financial condition and results of operations.
  • Catastrophic events may adversely affect the Company’s facilities and operations.
  • Workforce risks may affect the Company’s financial results.
  • The Company may be adversely affected by economic conditions.
  • Changes in accounting standards may adversely impact the Company’s financial condition and results of operations.

Legal proceedings

For a description of pending regulatory matters of Spire, see Note 15, Regulatory Matters, of the Notes to Financial Statements in Item 8. For a description of environmental and other legal matters, see Contingencies in Note 16 of the Notes to Financial Statements in Item 8.

The opening of Item 3, Legal Proceedings.19

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