Spire (SR) Regulatory Assets (2009 - 2026)
Spire (SR) reported Regulatory Assets of $1.39 billion for fiscal Q2 2026 (quarter ended Mar 31, 2026), up 8.3% from $1.29 billion a year earlier and up 4.7% from the prior quarter.
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Analysis
Spire (SR) Regulatory Assets (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Spire posted Regulatory Assets of $1.32 billion, up 5.7% from FY2024.
- Regulatory Assets has a five-year compound annual growth rate of 4.4% (FY2020 to FY2025).
- By fiscal year, Regulatory Assets came in at $1.25 billion in FY2024 (-21.6%), $1.6 billion in FY2023 (+8.8%), $1.47 billion in FY2022 (+12.9%) and $1.3 billion in FY2021 (+21.6%).
- The fiscal Q2 2026 figure ranks as the highest quarterly Regulatory Assets since fiscal Q4 2023.
- Year over year, Regulatory Assets has now increased in each of the last six quarters, with an average decline of 2.0% over the last eight quarters.
- The high point for year-over-year Regulatory Assets in five years was fiscal Q3 2021 (growth of 49.6%); the low point was fiscal Q4 2024 (a decline of 21.6%).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at $1.33 billion (Q1 2026), $1.32 billion (Q4 2025) and $1.29 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Regulatory Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 176.59 Bn | 163.33 Bn | - | 7.23 Bn |
| 2 | Southern | 107.23 Bn | 98.29 Bn | 5.92 Bn | - |
| 3 | Duke Energy | 99.14 Bn | 95.39 Bn | 5.66 Bn | 14.41 Bn |
| 4 | National Grid | 82.23 Bn | 54.53 Bn | - | - |
| 5 | American Electric Power | 70.87 Bn | 68.04 Bn | 3.84 Bn | 5.02 Bn |
| 6 | Dominion Energy | 59.16 Bn | 57.15 Bn | - | 8.47 Bn |
| 7 | Sempra | 55.83 Bn | 54.95 Bn | 2.89 Bn | 4.30 Bn |
| 8 | Entergy | 50.11 Bn | 39.24 Bn | - | 4.87 Bn |
| 9 | Xcel Energy | 49.69 Bn | 43.16 Bn | - | 3.25 Bn |
| 10 | Spire | 5.24 Bn | 5.16 Bn | 288.80 Mn | 1.40 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.39 Bn |
| Dec 31, 2025 | 1.33 Bn |
| Sep 30, 2025 | 1.32 Bn |
| Jun 30, 2025 | 1.29 Bn |
| Mar 31, 2025 | 1.29 Bn |
| Dec 31, 2024 | 1.29 Bn |
| Sep 30, 2024 | 1.25 Bn |
| Jun 30, 2024 | 1.28 Bn |
| Mar 31, 2024 | 1.27 Bn |
| Dec 31, 2023 | 1.27 Bn |
| Sep 30, 2023 | 1.60 Bn |
| Jun 30, 2023 | 1.51 Bn |
| Mar 31, 2023 | 1.46 Bn |
| Dec 31, 2022 | 1.49 Bn |
| Sep 30, 2022 | 1.47 Bn |
| Jun 30, 2022 | 1.36 Bn |
| Mar 31, 2022 | 1.27 Bn |
| Dec 31, 2021 | 1.36 Bn |
| Sep 30, 2021 | 1.30 Bn |
| Jun 30, 2021 | 1.18 Bn |
API Access
Spire Regulatory Assets 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=regulatory-assets&ticker=SR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "regulatory-assets", "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=regulatory-assets&ticker=SR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();