Spire Inc., through its subsidiaries, engages in the purchase, retail distribution, sale, and marketing of natural gas. It operates through two segments, Gas Utility and Gas Marketing. The company is also involved in marketing natural gas and related activities on non-regulated basis to on-system utility transportation customers, as well as to retail and wholesale customers. In addition, it engages in the transportation of liquid propane through its propane pipeline; compression of natural gas; oil production; real estate development; risk management; and financial investments in other enterprises, as well as provides propane storage, transmission, and related services to third parties. The company provides natural gas services to approximately 1.5 million residential, commercial, and industrial customers across Missouri and Alabama. The company was formerly known as The Laclede Group, Inc. and changed its name to Spire Inc. in April 2016.
Type
Public
HQ
St. Louis, US
Founded
1857
Size (employees)
3,296 (est)+8%
Spire Inc. was founded in 1857 and is headquartered in St. Louis, US

Spire Inc. Office Locations

Spire Inc. has offices in St. Louis and Mobile
St. Louis, US (HQ)
700 Market St

Spire Inc. Metrics

Spire Inc. Financial Metrics

Revenue (2016)

$1.5 b

Revenue growth (2015-16), %

(22%)

Net income (2016)

$144.2 m

Cash (30-Sep-2016)

$5.2 m
Spire Inc.'s revenue was reported to be $1.5 b in 2016 which is a 22% decrease from the previous period.
FY, 2013FY, 2014Y, 2015Y, 2016

Revenue

$1 b$1.6 b$2 b$1.5 b

Revenue growth, %

60%21%(22%)

Operating expense total

$920.5 m$1.5 b$1.7 b$1.3 b

EBIT

$96.5 m$166.4 m$272.5 m$282.3 m

EBIT margin, %

9%10%14%18%

Pre tax profit

$70.3 m$116.9 m$199.1 m$213.7 m

Income tax expense

$17.6 m$32.3 m$62.2 m$69.5 m

Net Income

$52.8 m$84.6 m$136.9 m$144.2 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$53 m$16.1 m$13.8 m$5.2 m

Accounts Receivable

Inventories

$13 m$14.8 m$16.3 m

Current Assets

$475.9 m$604.9 m$530.1 m$569.6 m

PP&E

$1.8 b$2.8 b$2.9 b$3.3 b

Goodwill

$247.1 m$937.8 m$946 m$1.2 b

Total Assets

$3.1 b$5.1 b$5.3 b$6.1 b

Accounts Payable

$140.2 m$176.7 m$146.5 m$210.9 m

Dividends Payable

$14.6 m$19.9 m$21.1 m$23.5 m

Total Debt

$2.1 b$2.2 b$2.1 b

Current Liabilities

$353.2 m$782.8 m$853.8 m$1.2 b

Debt to Assets Ratio

0.4 x0.4 x0.3 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$52.8 m$84.6 m$136.9 m$144.2 m

Depreciation and Amortization

$49.3 m$83.3 m$130.8 m$137.5 m

Accounts Receivable

($4.8 m)($12 m)

Inventories

$54.8 m$16.5 m

Accounts Payable

$35.4 m$8.6 m($30 m)$30 m

Cash From Operating Activities

$163.9 m$122.6 m$322.4 m$328.3 m

Capital Expenditures

($130.8 m)($171 m)($289.8 m)($293.3 m)

Cash From Investing Activities

($1.1 b)($1.4 b)($298.7 m)($612.7 m)

Long-term Borrowings

($80 m)($34.8 m)($80 m)

Dividends Paid

($42.5 m)($61.9 m)($79 m)($85.2 m)

Cash From Financing Activities

$969.9 m$1.3 b($26 m)$275.8 m

Interest Paid

$26.3 m$40.6 m($65.3 m)($72.5 m)

Income Taxes Paid

($9.4 m)$3.4 m$1.3 m$2.9 m

Free Cash Flow

$294.7 m$293.6 m$612.2 m$621.6 m

Spire Inc. Company Life

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