Spire Debt to Equity Ratio 2012-2026 | SR

Current and historical debt to equity ratio values for Spire (SR) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Spire debt/equity for the three months ending March 31, 2026 was 1.39.
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Spire Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2026-03-31 $11.25B $3.42B 3.29
2025-12-31 $8.45B $3.43B 2.46
2025-09-30 $8.19B $3.39B 2.42
2025-06-30 $7.92B $3.48B 2.28
2025-03-31 $7.84B $3.51B 2.23
2024-12-31 $7.97B $3.31B 2.41
2024-09-30 $7.63B $3.23B 2.36
2024-06-30 $7.38B $3.33B 2.21
2024-03-31 $7.32B $3.39B 2.16
2023-12-31 $7.58B $3.05B 2.49
2023-09-30 $7.40B $2.92B 2.54
2023-06-30 $7.11B $2.93B 2.42
2023-03-31 $7.06B $2.99B 2.37
2022-12-31 $7.46B $2.86B 2.61
2022-09-30 $7.27B $2.82B 2.58
2022-06-30 $6.94B $2.85B 2.44
2022-03-31 $6.56B $2.84B 2.31
2021-12-31 $6.98B $2.67B 2.62
2021-09-30 $6.70B $2.66B 2.52
2021-06-30 $6.20B $2.70B 2.30
2021-03-31 $6.21B $2.73B 2.27
2020-12-31 $5.93B $2.59B 2.29
2020-09-30 $5.72B $2.52B 2.27
2020-06-30 $5.26B $2.56B 2.06
2020-03-31 $5.35B $2.67B 2.01
2019-12-31 $5.38B $2.59B 2.08
2019-09-30 $5.08B $2.54B 2.00
2019-06-30 $4.72B $2.61B 1.81
2019-03-31 $4.87B $2.41B 2.02
2018-12-31 $4.95B $2.29B 2.17
2018-09-30 $4.59B $2.26B 2.03
2018-06-30 $4.28B $2.31B 1.85
2018-03-31 $4.43B $2.15B 2.06
2017-12-31 $4.62B $2.08B 2.22
2017-09-30 $4.56B $1.99B 2.29
2017-06-30 $4.27B $2.03B 2.11
2017-03-31 $4.37B $1.88B 2.32
2016-12-31 $4.51B $1.80B 2.51
2016-09-30 $4.30B $1.77B 2.43
2016-06-30 $3.50B $1.80B 1.94
2016-03-31 $3.63B $1.68B 2.16
2015-12-31 $3.80B $1.60B 2.37
2015-09-30 $3.72B $1.57B 2.36
2015-06-30 $3.47B $1.61B 2.16
2015-03-31 $3.57B $1.61B 2.22
2014-12-31 $3.76B $1.53B 2.45
2014-09-30 $3.57B $1.51B 2.36
2014-06-30 $2.12B $1.53B 1.38
2014-03-31 $2.07B $1.11B 1.87
2013-12-31 $2.14B $1.07B 2.01
2013-09-30 $2.08B $1.05B 1.99
2013-06-30 $1.34B $1.08B 1.24
2013-03-31 $1.37B $0.64B 2.14
2012-12-31 $1.32B $0.62B 2.13
2012-09-30 $1.28B $0.60B 2.13
2012-06-30 $1.13B $0.61B 1.85
2012-03-31 $1.14B $0.62B 1.86
2011-12-31 $1.29B $0.59B 2.18
2011-09-30 $1.21B $0.57B 2.11
2011-06-30 $1.16B $0.58B 2.01
2011-03-31 $1.17B $0.57B 2.05
2010-12-31 $1.30B $0.55B 2.36
2010-09-30 $1.31B $0.54B 2.44
2010-06-30 $1.23B $0.55B 2.25
2010-03-31 $1.28B $0.55B 2.31
2009-12-31 $1.33B $0.53B 2.50
2009-09-30 $1.25B $0.52B 2.41
2009-06-30 $1.14B $0.53B 2.14
2009-03-31 $1.25B $0.53B 2.35
2008-12-31 $1.37B $0.51B 2.69
2008-09-30 $1.29B $0.49B 2.64
2008-06-30 $1.08B $0.48B 2.23
2008-03-31 $1.23B $0.48B 2.55
2007-12-31 $1.31B $0.44B 2.96
2007-09-30 $1.21B $0.43B 2.83
2007-06-30 $1.07B $0.44B 2.45
2007-03-31 $1.12B $0.43B 2.61
2006-12-31 $1.26B $0.42B 3.01
2006-09-30 $1.17B $0.40B 2.89
2006-06-30 $1.04B $0.41B 2.55
2006-03-31 $1.12B $0.41B 2.73
2005-12-31 $1.28B $0.39B 3.26
2005-09-30 $1.07B $0.37B 2.90
2005-06-30 $0.91B $0.39B 2.35
2005-03-31 $0.99B $0.38B 2.57
2004-12-31 $1.04B $0.37B 2.80
2004-09-30 $0.91B $0.36B 2.54
2004-06-30 $0.82B $0.37B 2.22
2004-03-31 $0.92B $0.33B 2.81
2003-12-31 $0.98B $0.31B 3.15
2003-09-30 $0.90B $0.30B 3.01
2003-06-30 $0.79B $0.31B 2.55
2003-03-31 $0.85B $0.31B 2.71
2002-12-31 $0.82B $0.34B 2.41
2002-09-30 $0.80B $0.29B 2.80
2002-06-30 $0.72B $0.30B 2.42
2002-03-31 $0.74B $0.31B 2.44
2001-12-31 $0.75B $0.29B 2.57
2001-09-30 $0.69B $0.29B 2.37
2001-06-30 $0.67B $0.30B 2.21
2001-03-31 $0.75B $0.31B 2.42
2000-12-31 $0.81B $0.30B 2.71
2000-09-30 $0.65B $0.29B 2.27
2000-06-30 $0.56B $0.29B 1.89
2000-03-31 $0.57B $0.30B 1.88
1999-12-31 $0.61B $0.29B 2.12
1999-09-30 $0.55B $0.28B 1.93
1999-06-30 $0.50B $0.30B 1.69
1999-03-31 $0.52B $0.28B 1.89
1998-12-31 $0.57B $0.26B 2.16
1998-09-30 $0.51B $0.26B 1.98
1998-06-30 $0.46B $0.27B 1.73
1998-03-31 $0.49B $0.27B 1.79
1997-12-31 $0.54B $0.26B 2.07
1997-09-30 $0.47B $0.25B 1.86
1997-06-30 $0.44B $0.26B 1.68
1997-03-31 $0.48B $0.27B 1.80
1996-12-31 $0.51B $0.25B 2.01
1996-09-30 $0.45B $0.24B 1.84
1996-06-30 $0.41B $0.26B 1.61
1996-03-31 $0.46B $0.26B 1.76
1995-12-31 $0.46B $0.24B 1.92
1995-09-30 $0.41B $0.23B 1.78
1995-06-30 $0.36B $0.24B 1.53
1995-03-31 $0.41B $0.22B 1.90
1994-12-31 $0.45B $0.20B 2.22
1994-09-30 $0.41B $0.20B 2.09
1994-06-30 $0.38B $0.21B 1.82
1994-03-31 $0.42B $0.21B 1.96
1993-12-31 $0.42B $0.20B 2.09
1993-09-30 $0.32B $0.19B 1.69
1993-06-30 $0.31B $0.20B 1.54
1993-03-31 $0.34B $0.21B 1.63
1992-12-31 $0.35B $0.20B 1.78
1992-09-30 $0.29B $0.19B 1.53
1992-06-30 $0.27B $0.20B 1.40
1992-03-31 $0.30B $0.20B 1.48
1991-12-31 $0.34B $0.19B 1.73
1991-09-30 $0.32B $0.19B 1.69
1991-06-30 $0.28B $0.20B 1.42
1991-03-31 $0.27B $0.20B 1.33
1990-12-31 $0.30B $0.19B 1.56
1990-09-30 $0.25B $0.19B 1.36
1990-06-30 $0.24B $0.19B 1.28
1990-03-31 $0.27B $0.20B 1.35
1989-12-31 $0.29B $0.19B 1.56
1989-09-30 $0.23B $0.19B 1.24
1989-06-30 $0.22B $0.20B 1.15
1989-03-31 $0.26B $0.20B 1.30
1988-12-31 $0.27B $0.19B 1.45
1988-09-30 $0.24B $0.18B 1.31
1988-06-30 $0.24B $0.19B 1.25
1988-03-31 $0.24B $0.20B 1.21
1987-12-31 $0.25B $0.18B 1.37
1987-09-30 $0.22B $0.18B 1.23
1987-06-30 $0.22B $0.18B 1.17
1987-03-31 $0.23B $0.19B 1.25
1986-12-31 $0.25B $0.18B 1.42
1986-09-30 $0.22B $0.17B 1.28
Sector Industry Market Cap Revenue
Utilities Utility - Natural Gas Distribution $5.578B $2.476B
Spire Inc. is a natural gas company in the United States. Its natural gas-related businesses include Spire Marketing, Spire STL Pipeline and Spire Storage. The company operates via two segments, namely Gas Utility and Gas Marketing. The Gas Utility segment is the combination of all the regulated activities of its utilities and is a major contributor to the company's earnings. The Gas Marketing segment includes the results of Spire Marketing, a non-regulated subsidiary that markets natural gas and related activities. It also includes utilization natural gas storage contracts for providing natural gas sales. The Other segment includes unallocated corporate items and operations of Spire STL Pipeline LLC and Spire Storage West LLC. Spire STL Pipeline is a wholly owned subsidiary of Spire.
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