Spire Historical Income Statement

SR Stock  USD 72.55  1.89  2.67%   
Historical analysis of Spire income statement accounts such as EBIT of 536.2 M, Ebitda of 828.6 M or Net Income of 263.4 M can show how well Spire Inc performed in making a profits. Evaluating Spire income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Spire's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Spire Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Spire Inc is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spire Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Spire Income Statement Analysis

Spire Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Spire shareholders. The income statement also shows Spire investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Spire Income Statement Chart

At this time, Spire's Depreciation And Amortization is relatively stable compared to the past year. As of 11/24/2024, Cost Of Revenue is likely to grow to about 954.3 M, while Other Operating Expenses is likely to drop slightly above 1.4 B.

Total Revenue

Total revenue comprises all receipts Spire Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Spire Inc minus its cost of goods sold. It is profit before Spire operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Spire Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Spire Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Spire income statement and is an important metric when analyzing Spire Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from Spire's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Spire Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spire Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Spire's Depreciation And Amortization is relatively stable compared to the past year. As of 11/24/2024, Cost Of Revenue is likely to grow to about 954.3 M, while Other Operating Expenses is likely to drop slightly above 1.4 B.
 2021 2022 2023 2024 (projected)
Gross Profit825M887.9M2.1B2.2B
Total Revenue2.2B2.7B2.6B1.4B

Spire income statement Correlations

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0.70.330.190.20.470.740.430.550.960.630.250.71-0.61-0.380.510.74-0.38-0.280.77-0.69-0.580.71-0.01
0.840.330.640.530.810.670.330.720.51-0.210.980.66-0.78-0.270.520.53-0.6-0.240.7-0.49-0.820.76-0.9
0.480.190.640.830.910.450.020.490.21-0.180.490.43-0.58-0.510.270.61-0.49-0.10.54-0.47-0.550.56-0.43
0.450.20.530.830.840.550.070.120.21-0.090.40.52-0.36-0.540.180.71-0.21-0.140.45-0.29-0.440.37-0.35
0.770.470.810.910.840.760.270.640.510.040.670.74-0.76-0.540.460.81-0.59-0.170.75-0.61-0.780.75-0.58
0.850.740.670.450.550.760.50.580.760.430.590.96-0.69-0.40.570.91-0.45-0.270.78-0.6-0.710.71-0.47
0.440.430.330.020.070.270.50.380.440.270.320.71-0.32-0.130.340.33-0.130.530.25-0.26-0.260.3-0.27
0.760.550.720.490.120.640.580.380.620.190.660.59-0.89-0.220.570.46-0.79-0.110.73-0.7-0.80.85-0.56
0.790.960.510.210.210.510.760.440.620.480.470.73-0.68-0.340.560.72-0.46-0.320.81-0.67-0.680.79-0.22
0.30.63-0.21-0.18-0.090.040.430.270.190.48-0.280.4-0.17-0.280.280.35-0.06-0.180.22-0.29-0.190.110.29
0.780.250.980.490.40.670.590.320.660.47-0.280.58-0.7-0.160.480.4-0.54-0.230.61-0.38-0.760.68-0.94
0.820.710.660.430.520.740.960.710.590.730.40.58-0.67-0.380.560.85-0.42-0.030.7-0.57-0.660.67-0.48
-0.87-0.61-0.78-0.58-0.36-0.76-0.69-0.32-0.89-0.68-0.17-0.7-0.670.28-0.53-0.60.850.24-0.90.890.91-0.940.57
-0.38-0.38-0.27-0.51-0.54-0.54-0.4-0.13-0.22-0.34-0.28-0.16-0.380.28-0.43-0.50.140.18-0.340.290.26-0.260.12
0.640.510.520.270.180.460.570.340.570.560.280.480.56-0.53-0.430.44-0.55-0.180.55-0.36-0.560.56-0.41
0.680.740.530.610.710.810.910.330.460.720.350.40.85-0.6-0.50.44-0.42-0.230.77-0.61-0.60.69-0.23
-0.6-0.38-0.6-0.49-0.21-0.59-0.45-0.13-0.79-0.46-0.06-0.54-0.420.850.14-0.55-0.420.07-0.710.720.76-0.810.45
-0.37-0.28-0.24-0.1-0.14-0.17-0.270.53-0.11-0.32-0.18-0.23-0.030.240.18-0.18-0.230.07-0.410.240.33-0.250.18
0.860.770.70.540.450.750.780.250.730.810.220.610.7-0.9-0.340.550.77-0.71-0.41-0.88-0.840.95-0.39
-0.68-0.69-0.49-0.47-0.29-0.61-0.6-0.26-0.7-0.67-0.29-0.38-0.570.890.29-0.36-0.610.720.24-0.880.68-0.830.2
-0.93-0.58-0.82-0.55-0.44-0.78-0.71-0.26-0.8-0.68-0.19-0.76-0.660.910.26-0.56-0.60.760.33-0.840.68-0.890.65
0.850.710.760.560.370.750.710.30.850.790.110.680.67-0.94-0.260.560.69-0.81-0.250.95-0.83-0.89-0.47
-0.67-0.01-0.9-0.43-0.35-0.58-0.47-0.27-0.56-0.220.29-0.94-0.480.570.12-0.41-0.230.450.18-0.390.20.65-0.47
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Spire Account Relationship Matchups

Spire income statement Accounts

201920202021202220232024 (projected)
Interest Expense105.5M106.6M119.8M185.7M201.1M211.2M
Total Revenue1.9B2.2B2.2B2.7B2.6B1.4B
Gross Profit700.7M823.4M825M887.9M2.1B2.2B
Operating Income355.1M450.2M408.2M418.6M488.3M512.7M
Ebit206.5M446.8M399.5M439.6M510.7M536.2M
Ebitda403.8M659.9M636.8M694.4M789.1M828.6M
Net Income88.6M271.7M220.8M217.5M250.9M263.4M
Income Tax Expense12.4M68.5M58.9M38.8M58.7M61.6M
Depreciation And Amortization197.3M213.1M237.3M254.8M278.4M292.3M
Other Operating Expenses1.5B1.8B1.8B2.2B2.6B1.4B
Cost Of Revenue1.2B1.4B1.4B1.8B507.4M954.3M
Total Operating Expenses345.7M373.2M416.8M469.3M2.1B2.2B
Income Before Tax101M340.2M279.7M256.3M309.6M325.1M
Total Other Income Expense Net(105.4M)(110M)(128.5M)(162.3M)(178.7M)(169.8M)
Net Income Applicable To Common Shares73.7M256.5M205.7M202.4M232.8M244.4M
Selling General Administrative7.7M148.4M160.1M179.5M206.4M216.7M
Net Income From Continuing Ops88.6M271.7M220.8M217.5M250.1M174.1M
Tax Provision12.4M68.5M58.9M38.8M34.9M35.2M
Interest Income104.4M105.5M106.6M119.8M137.8M106.6M
Net Interest Income(105.5M)(106.6M)(119.8M)(185.7M)(167.1M)(175.5M)
Reconciled Depreciation197.3M213.1M237.3M254.8M293.0M221.1M

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

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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 CorrelationCorrelation 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.