Spire (SR) Return on Invested Capital [ROIC] (2009 - 2026)
Spire's Return on Invested Capital [ROIC] was 5.26% in fiscal Q2 2026 (quarter ended Mar 31, 2026), down 0.30 percentage points from 5.56% a year earlier and down 0.59 percentage points from the prior quarter.
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Analysis
Spire (SR) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Return on Invested Capital [ROIC] at Spire came in at 6.27%, up 0.37 percentage points from FY2024.
- Return on Invested Capital [ROIC] has now increased for three consecutive fiscal years, with a five-year change of +2.48 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Return on Invested Capital [ROIC] was 5.89% in FY2024 (+0.11 pp), 5.79% in FY2023 (+0.13 pp), 5.65% in FY2022 (-1.16 pp) and 6.81% in FY2021 (+3.03 pp).
- The fiscal Q2 2026 figure marks the lowest quarterly Return on Invested Capital [ROIC] since fiscal Q2 2021.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in five of the last eight quarters, with an average year-over-year change of -0.06 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was fiscal Q4 2021 (a gain of 3.71 percentage points); the worst was fiscal Q1 2024 (a drop of 2.62 percentage points).
- Per Business Quant data, SR's Return on Invested Capital [ROIC] in the three fiscal quarters before Q2 2026 was 5.85% (Q1 2026), 5.95% (Q4 2025) and 6.06% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 4.94% |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 4.81% |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 5.41% |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 5.55% |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 3.52% |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 1.94% |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 4.68% |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 4.49% |
| 10 | Spire | 4.73 Bn | 4.66 Bn | 559.80 Mn | 5.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 5.26% |
| Dec 31, 2025 | 5.85% |
| Sep 30, 2025 | 5.95% |
| Jun 30, 2025 | 6.06% |
| Mar 31, 2025 | 5.56% |
| Dec 31, 2024 | 5.78% |
| Sep 30, 2024 | 5.77% |
| Jun 30, 2024 | 5.68% |
| Mar 31, 2024 | 5.67% |
| Dec 31, 2023 | 5.39% |
| Sep 30, 2023 | 5.47% |
| Jun 30, 2023 | 7.06% |
| Mar 31, 2023 | 7.65% |
| Dec 31, 2022 | 8.02% |
| Sep 30, 2022 | 7.15% |
| Jun 30, 2022 | 6.17% |
| Mar 31, 2022 | 6.20% |
| Dec 31, 2021 | 6.58% |
| Sep 30, 2021 | 7.33% |
| Jun 30, 2021 | 6.14% |
API Access
Spire Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=SR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=SR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();