Spire Inc. operates as a public utility holding company, which provides natural gas services through its regulated core utility operations while engaging ...
Spire Inc. is a regional public utility holding company headquartered in St. Louis, Missouri, with a rich history dating back to 1857 when it was founded as The Laclede Gas Light Company. The company today serves approximately 1.7 million natural gas customers across its regulated utility operations in Missouri, Alabama, ...Spire Inc. is a regional public utility holding company headquartered in St. Louis, Missouri, with a rich history dating back to 1857 when it was founded as The Laclede Gas Light Company. The company today serves approximately 1.7 million natural gas customers across its regulated utility operations in Missouri, Alabama, and Mississippi. Spire operates through three primary business segments: Gas Utility, Gas Marketing, and Midstream. The Gas Utility segment includes regulated operations under Spire Missouri, Spire Alabama, Spire Gulf, and Spire Mississippi, which deliver natural gas to residential, commercial, and industrial customers. The Gas Marketing segment, via subsidiary Spire Marketing, engages in non-regulated natural gas marketing services across the United States. The Midstream segment consists of subsidiaries like Spire STL Pipeline, Spire MoGas Pipeline, Spire Storage West, and Spire Storage Salt Plains, which provide natural gas transportation and storage services. Spire is committed to safety, reliability, and environmental stewardship, investing in modern infrastructure to ensure clean and efficient energy delivery. Financially, the company shows a market cap of approximately $4.85 billion, with a diversified revenue stream from both regulated and non-regulated activities. Key financial metrics include an EBITDA margin of 34.4%, a net profit margin of 21.6%, and a dividend yield of about 4%, reflecting a stable utility business model. Under the leadership of President and CEO Scott E. Doyle, Spire focuses on growth through system modernization, customer service excellence, and strategic investments in natural gas infrastructure. With over 3,400 employees, Spire continues to enrich communities by providing essential energy services while pursuing operational efficiency and sustainability goals.
Plutux no es un asesor de inversiones. Los datos de mercado y el análisis generado por IA son solo informativos y educativos, no asesoramiento de inversión. Aviso legal
InteranualYoY significa Year-over-Year (interanual). Compara el último valor anual con el valor anual anterior para mostrar la fortaleza de la tendencia a largo plazo.
TrimestralQoQ significa Quarter-over-Quarter (intertrimestral). Compara el último trimestre con el trimestre inmediatamente anterior para mostrar cambios de impulso a corto plazo.
IngresosEl dinero total que entró por la puerta principal al vender cosas, antes de pagar una sola factura. Piensa en esto como el gran total de cada compra con tarjeta de los clientes. (YoY compara el rendimiento de este año con el del año pasado, mientras que QoQ compara los tres meses actuales con los tres anteriores).
$2.5B
-4.5%
-58.8%
Beneficio netoEl resultado final absoluto. Si la empresa pagara a cada proveedor, empleado, banquero y recaudador de impuestos, este es el dinero real que queda en su bolsillo al final del día.
$271.7M
+8.3%
-25.3%
Margen brutoEl margen básico. Si venden unas zapatillas de 100 dólares, este porcentaje indica cuánto de ese precio es ganancia justo después de pagar el caucho y los cordones, pero antes de pagar el alquiler de la tienda o los anuncios de televisión.
+78.1%
+106.2%
-85.3%
Margen operativoLa puntuación de eficiencia del 'trabajo diario'. De cada dólar que gasta un cliente, esto muestra cuántos centavos mantiene la empresa después de fabricar el producto Y pagar todos los gastos generales corporativos (como salarios, marketing y mantener las luces encendidas).
+21.2%
+12.3%
-81.3%
Margen netoEl porcentaje final que se lleva a casa. Cuando se eliminan todos los costos concebibles, impuestos y pagos de intereses, este es el número exacto de centavos que la empresa realmente se queda de cada dólar en ventas.
+11.0%
+13.4%
+81.4%
Flujo de caja libreEl santo grial del efectivo corporativo. Es el dinero físico gastable que queda después de que el negocio paga sus operaciones diarias Y compra las actualizaciones grandes y costosas (como nuevas fábricas o servidores) que necesita para sobrevivir. Este es el dinero 'libre' que pueden usar para pagar dividendos o recomprar acciones.
$-344.4M
-774.0%
-141.8%
Margen FCFLa tasa definitiva de conversión de efectivo. Muestra qué tan buena es la empresa para convertir ventas regulares directamente en efectivo frío, duro y gastable. Un porcentaje alto significa que el negocio es una auténtica máquina de imprimir dinero.
-13.9%
-805.7%
-201.5%
Deuda/PatrimonioEl indicador de riesgo financiero. Compara cuánto del imperio de la empresa se construyó con dinero prestado (préstamos) frente al dinero propio de los propietarios (accionistas). Un número alto significa que están muy apalancados y juegan un juego más arriesgado; un número bajo significa que juegan a lo seguro.
154.6%
+4.9%
-13.0%
Ratio corrienteLa verificación de supervivencia de 12 meses. Simplemente compara el efectivo que tienen ahora mismo (más cosas que pueden convertirse rápidamente en efectivo) con las facturas inmediatas que absolutamente deben pagar este año. Una puntuación superior a 1 significa que tienen suficiente en la billetera para cubrir las próximas facturas sin entrar en pánico.
0.32x
-30.0%
-32.1%
Activos totalesEl tamaño absoluto del imperio de la empresa. Agrupa absolutamente todo lo valioso que poseen, desde el efectivo en la caja registradora y el inventario en el almacén, hasta las patentes de software en la bóveda y las fábricas en el suelo.
Operator : Good day, and welcome to the Spire Inc. Third Quarter Fiscal Year 2026 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Megan McPhail, Managing Director of Investor Relations. Please go ahead.
Megan McPhail : Good morning, and welcome to Spire's Fiscal 2026 Third Quarter Earnings Call. On the call today are Scott Doyle, President and Chief Executive Officer; and Adam Woodard, Executive Vice President and CFO. We issued an earnings news release this morning that can be accessed on our website at spireenergy.com, along with a slide presentation that accompanies our webcast. Before we begin, let me cover our safe harbor statement and use of non-GAAP earnings measures. Today's call, including responses to questions, may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. These statements include, among others, statements regarding our expectations, plans and objectives for future performance, future operating results, earnings guidance, capital investment plans and the expected timing and benefits of risk associated with acquisitions, dispositions and related integration and transition activities. Our forward-looking statements on today's call speak only as of today, and we assume no duty to update them unless required by law. Although our forward-looking statements are based on estimates and assumptions that we believe are reasonable, there are various uncertainties and risk factors that may cause future performance or results to be different than those anticipated. These risks and uncertainties are outlined in our quarterly and annual filings with the SEC. In our comments, we will be discussing non-GAAP measures used by management when evaluating our performance and results of operations. Explanations and reconciliations of these measures to their GAAP counterparts are contained in both our news release and slide presentation. With that, I will now turn the call over to Scott.
Scott Doyle : Good morning, and thank you for joining us. Over the past year, we've taken significant steps to position Spire into a stronger, more focused company. Through the acquisition of Spire Tennessee and the divestiture of our non-core businesses, we have completed our transformation to a fully regulated company, enhancing our earnings quality and improving visibility of our long-term growth. As we look ahead, we believe we are well positioned to benefit from the growing importance of natural gas in the nation's energy future. The EIA recently forecasted that both U.S. natural gas production and demand will reach record levels in 2026, reinforcing the critical role natural gas plays in providing reliable, affordable energy to homes, businesses and communities across the country and the world. Today, we'll …
