Spire Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.48B | $2.59B | $2.67B | $2.20B | $2.24B | $1.86B | $1.95B | — |
| Cost of Revenue | $1.02B | $1.23B | $1.39B | — | — | — | — | — |
| Gross Profit | $1.46B | $1.36B | $1.27B | — | — | — | — | — |
| Gross Margin | 58.8% | 52.5% | 47.8% | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $523.9M | $488.3M | $418.6M | $408.2M | $450.2M | $206.4M | $302.3M | $294.1M |
| Operating Margin | 21.2% | 18.8% | 15.7% | 18.6% | 20.1% | 11.1% | 15.5% | — |
| Interest Expense | $204.1M | $201.1M | $185.7M | $119.8M | $106.6M | $105.5M | $104.4M | $98.4M |
| Pretax Income | $331.4M | $309.6M | $256.3M | $279.7M | $340.2M | $101.0M | $219.1M | $187.7M |
| Income Tax Expense | $59.7M | $58.7M | $38.8M | $58.9M | $68.5M | $12.4M | $34.5M | $-26.5M |
| Net Income | $271.7M | $250.9M | $217.5M | $220.8M | $271.7M | $88.6M | $184.6M | $214.2M |
| Net Margin | 11.0% | 9.7% | 8.2% | 10.0% | 12.2% | 4.8% | 9.5% | — |
| EPS (Basic) | $4.39 | $4.20 | $3.86 | $3.96 | $4.97 | $1.44 | $3.53 | $4.35 |
| EPS (Diluted) | $4.37 | $4.19 | $3.85 | $3.95 | $4.96 | $1.44 | $3.52 | $4.33 |
| Shares Outstanding (Basic) | 59 | 56.1M | 52.5M | 52.0M | 51.6M | 51.2M | 50.7M | 49.1M |
| Shares Outstanding (Diluted) | 59 | 56.3M | 52.6M | 52.1M | 51.7M | 51.3M | 50.8M | 49.3M |
| Dividends Per Share | $3.14 | $3.02 | $2.88 | $2.74 | $2.60 | $2.49 | $2.37 | $2.25 |