Spire Inc (SR)

Financial leverage ratio

Sep 30, 2025 Sep 30, 2024 Sep 30, 2023 Sep 30, 2022 Sep 30, 2021
Total assets US$ in thousands 11,575,300 10,860,700 10,313,600 10,083,700 9,356,400
Total stockholders’ equity US$ in thousands 3,389,400 3,232,700 2,917,300 2,818,500 2,658,200
Financial leverage ratio 3.42 3.36 3.54 3.58 3.52

September 30, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $11,575,300K ÷ $3,389,400K
= 3.42


Peer comparison

Sep 30, 2025

Company name
Symbol
Financial leverage ratio
Spire Inc
SR
3.42
Atmos Energy Corporation
ATO
1.79