← SPIRE INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $144.2m | $161.6m | $214.2m | $184.6m | $88.6m | $271.7m | $220.8m | $217.5m | $250.9m | $271.7m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $143.7m | $161.2m | $213.7m | $178.9m | $73.7m | $256.5m | $205.7m | $202.4m | $235.8m | $256.6m | |
| Depreciation, Depletion and Amortization | $137.5m | $154.1m | $168.4m | $181.7m | $197.3m | $213.1m | $237.3m | $254.8m | $278.4m | $298.2m | |
| Depreciation, Amortization and Accretion, Net | $137.5m | $154.1m | $168.4m | $181.7m | $197.3m | $213.1m | — | — | — | — | |
| Share-based Payment Arrangement, Expense | $4.5m | $4.1m | $12.5m | $7.2m | $8.8m | $13.9m | $6.4m | $9.8m | $5.8m | $6.7m | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | — | — | — | — | $7.5m | $11.2m | $6.6m | $7.8m | |
| Income Tax Expense (Benefit) | $69.5m | $77.6m | ($26.5m) | $34.5m | $12.4m | $68.5m | $58.9m | $38.8m | $58.7m | $59.7m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $12.3m | $63.0m | $32.7m | ($2.7m) | ($36.2m) | $343.0m | $26.5m | ($334.2m) | ($12.7m) | $38.4m | |
| Increase (Decrease) in Inventories | ($16.5m) | $23.5m | ($15.5m) | ($13.6m) | ($2.6m) | $111.0m | $117.2m | ($142.8m) | ($15.8m) | $18.6m | |
| Increase (Decrease) in Accounts Payable | $30.0m | $51.1m | $12.6m | ($6.4m) | ($43.1m) | $177.7m | $190.7m | ($389.2m) | ($25.1m) | $47.5m | |
| Asset Retirement Obligation, Accretion Expense | $13.2m | $9.1m | $12.7m | $13.0m | $14.0m | $21.8m | $21.1m | $21.5m | $24.8m | $25.0m | |
| Gain (Loss) on Sale of Properties | $0 | $0 | — | — | — | — | — | — | — | — | |
| Goodwill | $1.2b | $1.2b | $1.2b | $1.2b | $1.2b | $1.2b | $1.2b | $1.2b | $1.2b | $1.2b | |
| Nonoperating Income (Expense) | $8.6m | $6.6m | $6.4m | $21.2m | $100k | ($3.4m) | ($8.7m) | $23.4m | $22.4m | $11.6m | |
| Operating Expenses | — | — | — | — | — | — | $1.8b | $2.2b | $2.1b | $2.0b | |
| Derivative, Gain (Loss) on Derivative, Net | $100k | ($6.0m) | $4.0m | ($1.2m) | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $328.3m | $288.3m | $456.6m | $450.9m | $469.9m | $249.8m | $55.0m | $440.2m | $912.4m | $578.0m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $293.3m | $438.1m | $499.4m | $823.3m | $638.4m | $624.8m | $552.2m | $662.5m | $861.3m | $922.4m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $317.7m | ($3.8m) | $0 | — | — | — | — | — | $175.9m | $0 | |
| Payments for (Proceeds from) Other Investing Activities | $1.7m | ($800k) | $4.2m | $7.1m | ($6.8m) | ($2.8m) | ($5.5m) | ($4.0m) | ($10.0m) | ($6.0m) | |
| Net Cash Provided by (Used in) Investing Activities | ($612.7m) | ($433.5m) | ($531.7m) | ($838.3m) | ($631.6m) | ($622.0m) | ($546.7m) | ($695.5m) | ($1.0b) | ($916.4m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $245.0m | $420.0m | $75.0m | $230.0m | $510.0m | $629.1m | $300.0m | $755.0m | $495.0m | $150.0m | |
| Repayments of Long-term Debt | $80.0m | $393.8m | $105.0m | $184.1m | $147.0m | $115.4m | $55.8m | $281.2m | $456.6m | $42.0m | |
| Proceeds from Issuance of Common Stock | $137.1m | $146.9m | $154.7m | $19.5m | $41.1m | $1.0m | $51.9m | $41.9m | $287.0m | $76.2m | |
| Payments of Ordinary Dividends, Common Stock | $85.2m | $96.2m | $108.7m | $119.0m | $128.0m | $133.2m | $141.9m | $150.7m | $167.1m | $182.2m | |
| Dividends Payable, Current | $23.5m | $26.6m | $30.0m | — | — | — | — | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | ($1.8m) | ($8.1m) | ($3.2m) | ($2.8m) | ($6.1m) | ($11.3m) | ($4.0m) | ($7.6m) | ($11.1m) | ($12.5m) | |
| Net Cash Provided by (Used in) Financing Activities | $275.8m | $147.4m | $89.1m | $371.8m | $160.0m | $379.4m | $500.9m | $260.6m | $123.9m | $344.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($15.6m) | ($1.7m) | $7.2m | $9.2m | $5.3m | $9.1m | $6.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $21.4m | — | — | — | — | — | — | — | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $72.5m | $85.5m | $95.1m | $102.4m | $100.0m | $98.7m | $119.9m | $177.5m | $205.6m | $207.1m | |
| Income Taxes Paid, Net | $2.9m | ($1.3m) | ($1.5m) | ($2.7m) | ($2.9m) | ($1.5m) | $1.8m | $2.0m | $900k | $2.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.