Spire Retained Earnings from 2010 to 2024

SR Stock

USD 70.66 2.27 3.32%

Spire Retained Earnings yearly trend continues to be relatively stable with very little volatility. Retained Earnings are likely to grow to about 1.1 B this year. Retained Earnings is the cumulative amount of net income that Spire Inc retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals

Retained Earnings

First Reported

1994-06-30

Previous Quarter

1.1 B

Current Value

1 B

Quarterly Volatility

274.7 M

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Spire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spire's main balance sheet or income statement drivers, such as Interest Expense of 211.2 M, Total Revenue of 1.4 B or Gross Profit of 2.2 B, as well as many indicators such as Price To Sales Ratio of 1.53, Dividend Yield of 0.0502 or PTB Ratio of 1.66. Spire financial statements analysis is a perfect complement when working with Spire Valuation or Volatility modules.

Check out the analysis of Spire Correlation against competitors.

Latest Spire's Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Spire Inc over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Spire's Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spire's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 1.02 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Retained Earnings

Timeline

Spire Retained Earnings Regression Statistics

	Arithmetic Mean	674,154,600
	Geometric Mean	616,408,865
	Coefficient Of Variation	38.47
	Mean Deviation	215,119,760
	Median	715,600,000
	Standard Deviation	259,355,415
	Sample Variance	67265.2T
	Range	896.3M
	R-Value	0.99
	Mean Square Error	2048.8T
	R-Squared	0.97
	Slope	57,167,657
	Total Sum of Squares	941713.2T

Spire Retained Earnings History

	2024	1.1 B
	2023	1 B
	2022	958 M
	2021	905.5 M
	2020	843 M
	2019	720.7 M
	2018	775.5 M

Other Fundumenentals of Spire Inc

Retained Earnings Total Equity

Spire Retained Earnings component correlations

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Property Plant Equipment	Intangible Assets	Good Will	Short Term Investments	Deferred Long Term Liab	Net Tangible Assets	Long Term Debt Total	Long Term Investments	Short Long Term Debt	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.49	0.55	0.98	0.59	0.61	0.57	0.88	0.93	0.26	0.98	0.77	0.88	0.76	-0.31	0.86	-0.15	0.9	-0.27	-0.49	0.89	0.06	0.81	-0.56	0.74
Total Stockholder Equity	0.99		0.54	0.59	0.98	0.61	0.62	0.6	0.85	0.93	0.34	0.96	0.72	0.91	0.8	-0.3	0.86	-0.12	0.9	-0.29	-0.54	0.91	0.05	0.76	-0.62	0.68
Current Deferred Revenue	0.49	0.54		0.5	0.46	0.39	0.39	0.51	0.33	0.4	0.34	0.43	0.12	0.64	0.66	-0.08	0.54	0.24	0.54	0.12	-0.56	0.29	-0.19	0.11	-0.29	0.06
Net Debt	0.55	0.59	0.5		0.53	0.77	0.71	0.95	0.55	0.69	0.6	0.48	0.27	0.64	0.73	-0.28	0.68	0.01	0.69	-0.19	-0.53	0.5	0.24	0.33	-0.43	0.05
Retained Earnings	0.98	0.98	0.46	0.53		0.6	0.61	0.55	0.88	0.92	0.26	0.95	0.79	0.81	0.69	-0.27	0.81	-0.18	0.87	-0.32	-0.45	0.91	0.07	0.83	-0.6	0.75
Accounts Payable	0.59	0.61	0.39	0.77	0.6		0.94	0.77	0.75	0.73	0.71	0.48	0.41	0.58	0.65	-0.19	0.64	-0.05	0.71	-0.22	-0.35	0.61	0.25	0.45	-0.43	0.01
Net Receivables	0.61	0.62	0.39	0.71	0.61	0.94		0.74	0.82	0.67	0.57	0.53	0.5	0.54	0.61	-0.17	0.69	-0.11	0.77	-0.17	-0.32	0.6	0.16	0.54	-0.24	0.09
Total Liab	0.57	0.6	0.51	0.95	0.55	0.77	0.74		0.6	0.67	0.56	0.51	0.35	0.61	0.69	-0.24	0.73	-0.06	0.73	-0.18	-0.48	0.5	0.28	0.39	-0.38	0.09
Total Current Assets	0.88	0.85	0.33	0.55	0.88	0.75	0.82	0.6		0.86	0.24	0.87	0.81	0.69	0.59	-0.2	0.75	-0.18	0.84	-0.18	-0.28	0.76	0.16	0.8	-0.34	0.59
Short Term Debt	0.93	0.93	0.4	0.69	0.92	0.73	0.67	0.67	0.86		0.4	0.88	0.68	0.84	0.77	-0.39	0.82	-0.22	0.87	-0.39	-0.5	0.87	0.21	0.77	-0.66	0.6
Common Stock	0.26	0.34	0.34	0.6	0.26	0.71	0.57	0.56	0.24	0.4		0.11	-0.13	0.46	0.57	-0.25	0.41	0.06	0.36	-0.39	-0.53	0.41	0.0	-0.06	-0.38	-0.37
Long Term Debt	0.98	0.96	0.43	0.48	0.95	0.48	0.53	0.51	0.87	0.88	0.11		0.79	0.85	0.71	-0.3	0.83	-0.15	0.87	-0.2	-0.43	0.84	0.06	0.83	-0.47	0.81
Property Plant Equipment	0.77	0.72	0.12	0.27	0.79	0.41	0.5	0.35	0.81	0.68	-0.13	0.79		0.46	0.31	-0.11	0.51	-0.26	0.66	-0.02	0.04	0.68	0.1	0.85	-0.38	0.79
Intangible Assets	0.88	0.91	0.64	0.64	0.81	0.58	0.54	0.61	0.69	0.84	0.46	0.85	0.46		0.94	-0.42	0.84	-0.01	0.84	-0.22	-0.72	0.75	0.07	0.52	-0.49	0.46
Good Will	0.76	0.8	0.66	0.73	0.69	0.65	0.61	0.69	0.59	0.77	0.57	0.71	0.31	0.94		-0.41	0.88	0.04	0.86	-0.22	-0.72	0.71	0.18	0.47	-0.45	0.27
Short Term Investments	-0.31	-0.3	-0.08	-0.28	-0.27	-0.19	-0.17	-0.24	-0.2	-0.39	-0.25	-0.3	-0.11	-0.42	-0.41		-0.25	0.12	-0.36	0.16	0.4	-0.33	-0.05	-0.21	0.22	-0.16
Deferred Long Term Liab	0.86	0.86	0.54	0.68	0.81	0.64	0.69	0.73	0.75	0.82	0.41	0.83	0.51	0.84	0.88	-0.25		-0.22	0.94	-0.41	-0.64	0.8	0.17	0.72	-0.4	0.49
Net Tangible Assets	-0.15	-0.12	0.24	0.01	-0.18	-0.05	-0.11	-0.06	-0.18	-0.22	0.06	-0.15	-0.26	-0.01	0.04	0.12	-0.22		-0.08	0.73	0.35	-0.17	-0.1	-0.28	0.04	-0.24
Long Term Debt Total	0.9	0.9	0.54	0.69	0.87	0.71	0.77	0.73	0.84	0.87	0.36	0.87	0.66	0.84	0.86	-0.36	0.94	-0.08		-0.2	-0.48	0.85	0.19	0.81	-0.47	0.54
Long Term Investments	-0.27	-0.29	0.12	-0.19	-0.32	-0.22	-0.17	-0.18	-0.18	-0.39	-0.39	-0.2	-0.02	-0.22	-0.22	0.16	-0.41	0.73	-0.2		0.59	-0.44	-0.08	-0.25	0.3	-0.16
Short Long Term Debt	-0.49	-0.54	-0.56	-0.53	-0.45	-0.35	-0.32	-0.48	-0.28	-0.5	-0.53	-0.43	0.04	-0.72	-0.72	0.4	-0.64	0.35	-0.48	0.59		-0.41	0.01	-0.1	0.25	-0.07
Capital Surpluse	0.89	0.91	0.29	0.5	0.91	0.61	0.6	0.5	0.76	0.87	0.41	0.84	0.68	0.75	0.71	-0.33	0.8	-0.17	0.85	-0.44	-0.41		0.08	0.83	-0.7	0.65
Cash And Equivalents	0.06	0.05	-0.19	0.24	0.07	0.25	0.16	0.28	0.16	0.21	0.0	0.06	0.1	0.07	0.18	-0.05	0.17	-0.1	0.19	-0.08	0.01	0.08		0.19	-0.02	0.06
Net Invested Capital	0.81	0.76	0.11	0.33	0.83	0.45	0.54	0.39	0.8	0.77	-0.06	0.83	0.85	0.52	0.47	-0.21	0.72	-0.28	0.81	-0.25	-0.1	0.83	0.19		-0.46	0.82
Net Working Capital	-0.56	-0.62	-0.29	-0.43	-0.6	-0.43	-0.24	-0.38	-0.34	-0.66	-0.38	-0.47	-0.38	-0.49	-0.45	0.22	-0.4	0.04	-0.47	0.3	0.25	-0.7	-0.02	-0.46		-0.36
Capital Stock	0.74	0.68	0.06	0.05	0.75	0.01	0.09	0.09	0.59	0.6	-0.37	0.81	0.79	0.46	0.27	-0.16	0.49	-0.24	0.54	-0.16	-0.07	0.65	0.06	0.82	-0.36

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About Spire Financial Statements

Spire shareholders use historical fundamental indicators, such as Retained Earnings, to determine how well the company is positioned to perform in the future. Although Spire investors may analyze each financial statement separately, they are all interrelated. The changes in Spire's assets and liabilities, for example, are also reflected in the revenues and expenses on on Spire's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Retained Earnings	1 B	1.1 B
Retained Earnings Total Equity	1 B	1.1 B

Pair Trading with Spire

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Spire position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Spire will appreciate offsetting losses from the drop in the long position's value.

Moving together with Spire Stock

0.8	BKH	Black Hills	Pair Corr
0.75	CPK	Chesapeake Utilities	Pair Corr

The ability to find closely correlated positions to Spire could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spire when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Spire - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Spire Inc to buy it.

The correlation of Spire is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Spire moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spire Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Spire can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Spire Stock Analysis

When running Spire's price analysis, check to measure Spire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spire is operating at the current time. Most of Spire's value examination focuses on studying past and present price action to predict the probability of Spire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spire's price. Additionally, you may evaluate how the addition of Spire to your portfolios can decrease your overall portfolio volatility.

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