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. Data and Metrics

Spire Inc. Financial Metrics

Spire Inc.'s revenue was reported to be $1.5 b in 2016 which is a 22% decrease from the previous period.
$, USD

Revenue (Y, 2016)

1.5 b

Revenue growth (Y, 2015 - Y, 2016), %

(22%)

Net income (Y, 2016)

144.2 m

EBIT (Y, 2016)

282.3 m

Cash (30-Sep-2016)

5.2 m
$, USDFY, 2013FY, 2014Y, 2015Y, 2016

Revenue

1 b1.6 b2 b1.5 b

Revenue growth, %

60%21%(22%)

Operating expense total

920.5 m1.5 b1.7 b1.3 b

EBIT

96.5 m166.4 m272.5 m282.3 m

EBIT margin, %

9%10%14%18%

Pre tax profit

70.3 m116.9 m199.1 m213.7 m

Income tax expense

17.6 m32.3 m62.2 m69.5 m

Net Income

52.8 m84.6 m136.9 m144.2 m
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

53 m16.1 m13.8 m5.2 m

Inventories

13 m14.8 m16.3 m

Current Assets

475.9 m604.9 m530.1 m569.6 m

PP&E

1.8 b2.8 b2.9 b3.3 b

Goodwill

247.1 m937.8 m946 m1.2 b

Total Assets

3.1 b5.1 b5.3 b6.1 b

Accounts Payable

140.2 m176.7 m146.5 m210.9 m

Dividends Payable

14.6 m19.9 m21.1 m23.5 m

Total Debt

2.1 b2.2 b2.1 b

Current Liabilities

353.2 m782.8 m853.8 m1.2 b

Debt to Assets Ratio

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

Net Income

52.8 m84.6 m136.9 m144.2 m

Depreciation and Amortization

49.3 m83.3 m130.8 m137.5 m

Accounts Receivable

(4.8 m)(12 m)

Inventories

54.8 m16.5 m

Accounts Payable

35.4 m8.6 m(30 m)30 m

Cash From Operating Activities

163.9 m122.6 m322.4 m328.3 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 m1.3 b(26 m)275.8 m

Interest Paid

26.3 m40.6 m(65.3 m)(72.5 m)

Income Taxes Paid

(9.4 m)3.4 m1.3 m2.9 m

Free Cash Flow

294.7 m293.6 m612.2 m621.6 m
$, USDY, 2016

Revenue/Employee

499.4 k

Debt/Assets

0.3 x

Spire Inc. Company Life and Culture

You may also be interested in