Superworth

Spire profit margin SR

Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.

Net margin, 12 months
21.6%
Operating margin, 12 months
19.7%
Net margin on a year earlier
+9.2 pts
Peer median
12.5%

Over the twelve months to Jun 30, 2026, Spire kept 21.6% of its revenue as net profit, with an operating margin of 19.7%.

Five years earlier its net margin was 11.9%.

The median for 7 gas utilities of a similar size is 12.5%.

Profit margin over time

OperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating margin
FY202511.7%19.2%
FY20249.7%18.8%
FY20238.2%15.7%
FY202211.8%19.6%
FY202113.5%20.7%
FY20204.8%11.1%
FY20199.5%15.5%
FY201810.9%15.0%
FY20179.3%18.5%
FY20169.4%18.4%
FY20156.9%13.8%
FY20145.2%10.2%
FY20135.2%9.5%
FY20125.6%9.8%
FY20114.0%7.4%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q3 FY2621.6%+9.2 pts19.7%
Q2 FY2614.5%+3.8 pts20.2%
Q1 FY2611.8%+1.9 pts19.5%
Q4 FY2511.7%+2.0 pts19.2%
Q3 FY2512.5%+3.0 pts20.4%
Q2 FY2510.7%+1.7 pts20.3%
Q1 FY259.9%+1.8 pts19.9%
Q4 FY249.7%+1.5 pts18.8%
Q3 FY249.4%−1.3 pts17.8%
Q2 FY249.1%−2.2 pts17.1%
Q1 FY248.1%−3.9 pts15.6%
Q4 FY238.2%−3.7 pts15.7%

Against its peers

Companies in Regulated Gas nearest Spire's size, closest first, today.

CompanyProfit margin
SRSpire21.6%
OGSONE Gas12.5%
NJRNew Jersey Resources16.4%
MDUMDU Resources10.7%
NFGNational Fuel Gasn/m
NWNNorthwest Natural9.7%
NINiSource13.2%
ATOAtmos Energyn/m
Peer median12.5%

Where Spire ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Spire

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.