Spire (SR) Debt Ratio (2009 - 2026)
Spire's Debt Ratio came in at 0.54 for fiscal Q2 2026 (quarter ended Mar 31, 2026), up 29.4% from 0.42 a year earlier and up 20.4% from the prior quarter.
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Analysis
Spire (SR) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Spire's Debt Ratio was 0.45, up 3.4% from FY2024.
- Going back by fiscal year, Debt Ratio was 0.43 in FY2024 (-4.5%), 0.45 in FY2023 (+6.7%), 0.42 in FY2022 (+8.2%) and 0.39 in FY2021 (+3.1%).
- The fiscal Q2 2026 figure represents the highest quarterly Debt Ratio in data going back to fiscal Q2 2009.
- Year-over-year, Debt Ratio has increased for four consecutive quarters, with growth averaging 3.0% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in fiscal Q2 2026 (growth of 29.4%), and the weakest in fiscal Q3 2024 (a decline of 6.6%).
- Business Quant data shows SR's Debt Ratio at 0.45 (Q1 2026), 0.45 (Q4 2025) and 0.43 (Q3 2025) in the three fiscal quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 0.47 |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 0.47 |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 0.46 |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | 0.43 |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 0.43 |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 0.44 |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 0.32 |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 0.44 |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 0.45 |
| 10 | Spire | 4.73 Bn | 4.66 Bn | 559.80 Mn | 0.54 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.54 |
| Dec 31, 2025 | 0.45 |
| Sep 30, 2025 | 0.45 |
| Jun 30, 2025 | 0.43 |
| Mar 31, 2025 | 0.42 |
| Dec 31, 2024 | 0.43 |
| Sep 30, 2024 | 0.43 |
| Jun 30, 2024 | 0.42 |
| Mar 31, 2024 | 0.42 |
| Dec 31, 2023 | 0.45 |
| Sep 30, 2023 | 0.45 |
| Jun 30, 2023 | 0.45 |
| Mar 31, 2023 | 0.45 |
| Dec 31, 2022 | 0.45 |
| Sep 30, 2022 | 0.42 |
| Jun 30, 2022 | 0.40 |
| Mar 31, 2022 | 0.41 |
| Dec 31, 2021 | 0.42 |
| Sep 30, 2021 | 0.39 |
| Jun 30, 2021 | 0.39 |
API Access
Spire Debt 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=debt-ratio&ticker=SR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=SR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();