Spire Inc (SR)
Financial leverage ratio
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 11,575,300 | 11,396,300 | 11,346,700 | 11,275,800 | 10,860,700 | 10,710,900 | 10,711,400 | 10,631,700 | 10,313,600 | 10,037,500 | 10,049,000 | 10,327,700 | 10,083,700 | 9,783,900 | 9,401,300 | 9,650,500 | 9,356,400 | 8,893,300 | 8,936,800 | 8,515,600 |
| Total stockholders’ equity | US$ in thousands | 3,389,400 | 3,480,200 | 3,508,700 | 3,317,300 | 3,232,700 | 3,333,200 | 3,390,300 | 3,050,800 | 2,917,300 | 2,932,500 | 2,986,500 | 2,864,100 | 2,818,500 | 2,845,900 | 2,841,200 | 2,669,800 | 2,658,200 | 2,697,100 | 2,731,300 | 2,586,800 |
| Financial leverage ratio | 3.42 | 3.27 | 3.23 | 3.40 | 3.36 | 3.21 | 3.16 | 3.48 | 3.54 | 3.42 | 3.36 | 3.61 | 3.58 | 3.44 | 3.31 | 3.61 | 3.52 | 3.30 | 3.27 | 3.29 |
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
2.13
NewJersey Resources Corporation
NJR
3.17
UGI Corporation
UGI
3.24