Event-Driven Stocks

SPIRE INC

SR, SRJN, SR-PA

Utilities · Utilities · Large accelerated filer · SEC filings ↗ · Compare ⊕

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Signs3 good1 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$2.48B$2.59B$2.67B$2.20B$2.24B$1.86B
Operating income$523.9M$488.3M$418.6M$408.2M$450.2M$206.4M
Net income$271.7M$250.9M$217.5M$220.8M$271.7M$88.6M
Total assets$11.58B$10.86B$10.31B$10.08B$9.36B$8.24B
Total liabilities
Equity$3.39B$3.23B$2.92B$2.82B$2.66B$2.52B
EPS (diluted)$4.37$4.19$3.85$3.95$4.96$1.44
Shares out.59.0M57.8M53.2M52.5M51.7M51.6M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
21.2%
Net margin
11.0%
Return on equity
8.0%
Return on assets
2.3%
Return on capital (ROCE)
5.8%
Liabilities / assets
Debt / equity
Book value / share
$57.41
Revenue growth (YoY)
−4.5%
Net income growth (YoY)
8.3%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Accruals / assets
2.6%clean
Piotroski F-Score
5/8mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
73
/ 100
Profitability 100Growth 50Catalyst 67Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

1 severe1 warning3 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Revenue declined year-over-year
  • Operating margin is positive
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

Insider transactions

SEC Form 4 · most recent
9 acquisitions3 disposals1 open-market buy(s)net +4,832 shares · last 12
InsiderDateTypeSharesPrice
Koonce Paul DDirectorMay 8, 2026Buy2,000$85.81
Koonce Paul DDirectorFeb 13, 2026J8,846$25.00
Newberry Brenda DDirectorFeb 5, 2026Grant1,640$85.27
Koonce Paul DDirectorFeb 5, 2026Grant1,640$85.27
Jones Rob L.DirectorFeb 5, 2026Grant1,640$85.27
Hightman Carrie JDirectorFeb 5, 2026Grant1,640$85.27
Ferrari Vincent JDirectorFeb 5, 2026Grant1,640$85.27
Fogarty Maria V.DirectorFeb 5, 2026Grant1,640$85.27
Cook Sheri SDirectorFeb 5, 2026Grant1,640$85.27
Borer Mark ADirectorFeb 5, 2026Grant1,640$85.27
Doyle Scott EdwardOfficer — CEO and PresidentJan 20, 2026Tax withholding1,359$83.59
Mills Stephen MOfficer — SVP, President, Spire MONov 18, 2025Tax withholding83$86.16

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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