Spire Inc (SR)
Profitability ratios
Return on sales
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 87.85% | 87.88% | 87.96% | 87.96% | 88.67% | 77.40% | 77.96% | 78.53% | 78.55% | 80.21% | 82.12% | 83.98% | 59.60% | 62.39% | 39.78% | -16.26% | -15.82% | -15.69% | -7.04% | -6.63% |
| Operating profit margin | 19.21% | 18.50% | 18.06% | 16.87% | 16.58% | 22.53% | 23.12% | 24.66% | 25.43% | 22.99% | 24.14% | 22.19% | 24.37% | 20.23% | 13.60% | 13.97% | 11.79% | 10.33% | 16.93% | 15.84% |
| Pretax margin | 12.18% | 11.79% | 11.48% | 10.34% | 10.15% | 16.40% | 17.07% | 18.43% | 19.12% | 17.42% | 18.93% | 17.84% | 19.93% | 15.57% | 9.62% | 7.73% | 5.77% | 4.59% | 10.94% | 11.55% |
| Net profit margin | 9.87% | 9.79% | 9.59% | 8.76% | 8.62% | 13.36% | 13.90% | 14.97% | 15.34% | 13.76% | 14.94% | 14.02% | 15.84% | 12.51% | 7.87% | 6.51% | 5.06% | 4.23% | 9.20% | 9.75% |
Spire Inc's profitability ratios, as reflected by its gross profit margin, operating profit margin, pretax margin, and net profit margin, have shown fluctuations over the past few quarters. The gross profit margin has generally remained high, indicating efficient cost management and pricing strategies. However, there was a significant drop in the margin in the December 2020 and March 2021 quarters, which may warrant further investigation.
The operating profit margin has displayed some variability, with peaks and troughs observed in different quarters. This suggests that the company's operating expenses and efficiency in generating profits have varied over time. The pretax margin has followed a similar pattern, with fluctuations in profitability before tax. This could be influenced by factors such as changes in revenue, expenses, and tax obligations.
The net profit margin, which represents the company's bottom-line profitability after all expenses have been deducted, has also exhibited fluctuations. The margins have generally been positive, indicating that the company has been able to generate profits after all costs. However, there have been periods of lower margins, particularly in the earlier quarters, which may require closer scrutiny to understand the underlying reasons.
Overall, while Spire Inc has shown a reasonable level of profitability, the fluctuations in its profitability ratios suggest that the company may need to focus on improving consistency in its margins and analyzing the factors contributing to the variability in its profitability over time.
Return on investment
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.50% | 4.34% | 4.16% | 3.83% | 4.06% | 5.71% | 5.96% | 5.65% | 5.24% | 4.84% | 4.99% | 4.99% | 5.54% | 4.76% | 3.18% | 2.78% | 2.50% | 2.31% | 3.75% | 3.76% |
| Return on assets (ROA) | 2.31% | 2.29% | 2.21% | 1.99% | 2.11% | 3.38% | 3.58% | 3.43% | 3.16% | 2.90% | 3.09% | 3.15% | 3.61% | 2.94% | 1.84% | 1.30% | 1.08% | 0.95% | 2.04% | 2.32% |
| Return on total capital | 7.36% | 7.34% | 7.06% | 7.03% | 6.83% | 9.22% | 9.05% | 9.63% | 9.11% | 7.81% | 7.93% | 8.45% | 9.49% | 7.62% | 5.60% | 4.62% | 4.18% | 3.69% | 5.81% | 6.38% |
| Return on equity (ROE) | 7.76% | 7.37% | 6.98% | 6.94% | 7.46% | 11.58% | 12.05% | 12.37% | 11.31% | 9.97% | 10.22% | 11.39% | 12.69% | 9.71% | 6.02% | 4.27% | 3.51% | 2.89% | 6.13% | 7.13% |
Spire Inc's profitability ratios have shown varying trends over the past few quarters.
1. Operating return on assets (Operating ROA) has been fluctuating but generally improving, indicating that the company's operating efficiency in generating profits from its assets has been on an upward trajectory.
2. Return on assets (ROA) has also been inconsistent but has shown an increasing trend in recent quarters, suggesting that the company's overall ability to generate profits from its total assets has been improving.
3. Return on total capital has shown some fluctuations, but overall, it has been relatively stable at a moderate level. This ratio reflects the company's ability to generate returns for both equity and debt holders.
4. Return on equity (ROE) has exhibited more significant fluctuations, indicating some volatility in the company's profitability specifically related to equity investors. However, the ratio has generally shown improvement over the quarters.
Overall, Spire Inc's profitability ratios demonstrate a mix of performance levels and trends, with some showing improvement over time while others exhibit more volatility. It would be important to closely monitor these ratios to assess the company's financial health and performance sustainability.