Spire (SR) Asset Utilization Ratio (2009 - 2026)
Spire's (SR) Asset Utilization Ratio stood at 0.19 in fiscal Q2 2026 (quarter ended Mar 31, 2026), down 8.1% from 0.21 a year earlier and down 10.1% from the prior quarter.
Spire (SR) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Spire's Asset Utilization Ratio came in at 0.22, down 9.9% from FY2024.
- Across earlier fiscal years, Asset Utilization Ratio came in at 0.24 in FY2024 (-6.3%), 0.26 in FY2023 (+15.6%), 0.23 in FY2022 (-11.0%) and 0.25 in FY2021 (+8.6%).
- The fiscal Q2 2026 figure is the lowest quarterly Asset Utilization Ratio in data going back to fiscal Q1 2010.
- On a year-over-year basis, Asset Utilization Ratio has declined for 11 consecutive quarters, with an average decline of 12.2% over the last eight quarters.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 29.0% in fiscal Q2 2023, against a decline of 22.8% in fiscal Q3 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.21 (Q1 2026), 0.21 (Q4 2025) and 0.21 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 0.13 |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 0.19 |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 0.17 |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 0.19 |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 0.15 |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 0.12 |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 0.17 |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 0.17 |
| 10 | Spire | 4.73 Bn | 4.66 Bn | 559.80 Mn | 0.19 |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.19 |
| Dec 31, 2025 | 0.21 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.21 |
| Mar 31, 2025 | 0.21 |
| Dec 31, 2024 | 0.23 |
| Sep 30, 2024 | 0.24 |
| Jun 30, 2024 | 0.24 |
| Mar 31, 2024 | 0.24 |
| Dec 31, 2023 | 0.25 |
| Sep 30, 2023 | 0.26 |
| Jun 30, 2023 | 0.32 |
| Mar 31, 2023 | 0.31 |
| Dec 31, 2022 | 0.29 |
| Sep 30, 2022 | 0.27 |
| Jun 30, 2022 | 0.25 |
| Mar 31, 2022 | 0.24 |
| Dec 31, 2021 | 0.27 |
| Sep 30, 2021 | 0.27 |
| Jun 30, 2021 | 0.25 |
Spire Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "SR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();