Spire Inc (SR)

Net profit margin

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Net income	US$ in thousands	250,900	217,500	220,800	271,700	88,600
Revenue	US$ in thousands	2,593,000	2,480,600	2,078,700	2,128,900	1,749,900
Net profit margin		9.68%	8.77%	10.62%	12.76%	5.06%

September 30, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $250,900K ÷ $2,593,000K
= 9.68%

The net profit margin of Spire Inc has shown fluctuations over the past five years. In the most recent fiscal year ending September 30, 2024, the net profit margin was 9.68%, reflecting the company's ability to generate profit from its revenue. This figure decreased slightly compared to the previous year's net profit margin of 8.77% in 2023.

Looking back further, the net profit margin was 10.62% in 2022, indicating a decrease from the higher margin of 12.76% in 2021. The lowest net profit margin in the provided data was observed in 2020 at 5.06%.

Overall, the trend shows some variability in the net profit margin of Spire Inc over the years, with fluctuations possibly due to changing economic conditions, company performance, or other external factors impacting profitability. Further analysis of the company's financial and operational performance would be necessary to understand the drivers behind these changes in the net profit margin.