Spire Inc. (SR) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 410.4M | 81M | -4.9M | 129.1M | 372.7M | 81.1M | 82.9M | 270.1M | 489.4M | 70M | 36.1M | 224.2M | 350.7M | -170.8M | -149.6M | 49.5M | 385M | -229.9M | 29.1M | 61.5M |
| Operating CF Growth % | 10.12% | -0.12% | -105.91% | -52.2% | -23.85% | 15.86% | 129.64% | 20.47% | 39.55% | 140.98% | 124.13% | 352.93% | -8.91% | 25.71% | -614.09% | -19.51% | 153.96% | -3125% | 80.75% | -53.44% |
| Operating CF / Revenue % | 40.24% | 10.63% | -1.47% | 30.6% | 35.45% | 12.12% | 28.22% | 65.23% | 43.37% | 9.25% | 11.63% | 53.57% | 31.22% | -20.98% | -47.61% | 11.05% | 43.71% | -41.39% | 10.03% | 18.76% |
| Net Income | 217.2M | 95M | -39.8M | 20.9M | 209.3M | 81.3M | -25.9M | -12.6M | 204.3M | 85.1M | -31.1M | -21.6M | 179.2M | 91M | -7.1M | -1.4M | 173.6M | 55.7M | -9.9M | 5.3M |
| Depreciation & Amortization | 84.5M | 81.4M | 76.5M | 75.7M | 73.7M | 72.3M | 71.1M | 71.4M | 68.9M | 67M | 65.8M | 64.3M | 62.6M | 62.1M | 61.1M | 60.4M | 58.9M | 56.9M | 57.7M | 53.1M |
| Deferred Taxes | 74.7M | 21.9M | -16.2M | 1.7M | 52.4M | 19.4M | -9.4M | -3.1M | 48.5M | 21M | -18.8M | -6.8M | 40.9M | 21.6M | 900K | -2.1M | 40.7M | 18.4M | -1.4M | -100K |
| Other Non-Cash Items | 68.2M | 0 | 6.9M | 0 | 2.8M | 0 | 2.3M | 0 | 1.9M | 1.2M | -7M | 3.5M | 3.3M | 3.4M | 2.7M | 3.1M | 2.3M | 700K | 7.8M | 3.7M |
| Working Capital Changes | -34.2M | -117.3M | -32.3M | 30.8M | 34.5M | -91.9M | 44.8M | 214.4M | 165.8M | -104.3M | 17.4M | 184.8M | 64.7M | -348.9M | -207.2M | -10.5M | 109.5M | -361.6M | -25.1M | -500K |
| Capital Expenditures | -2.67B | -202.8M | -203.2M | -220.5M | -218.6M | -260.6M | -229.8M | -222.2M | -358.7M | -226.5M | -179.2M | -175.5M | -153M | -154.8M | -149.7M | -126.6M | -130.2M | -145.7M | -161.6M | -159.7M |
| CapEx / Revenue % | 261.27% | 26.61% | 60.82% | 52.26% | 20.79% | 38.95% | 78.22% | 53.66% | 31.79% | 29.94% | 57.73% | 41.94% | 13.62% | 19.02% | 47.64% | 28.26% | 14.78% | 26.23% | 55.69% | 48.72% |
| CapEx / D&A | 31.54x | 2.49x | 2.66x | 2.91x | 2.97x | 3.60x | 3.23x | 3.11x | 5.21x | 3.38x | 2.72x | 2.73x | 2.44x | 2.49x | 2.45x | 2.10x | 2.21x | 2.56x | 2.80x | 3.01x |
| CapEx Coverage (OCF/CapEx) | 0.15x | 0.40x | -0.02x | 0.59x | 1.70x | 0.31x | 0.36x | 1.22x | 1.36x | 0.31x | 0.20x | 1.28x | 2.29x | -1.10x | -1.00x | 0.39x | 2.96x | -1.58x | 0.18x | 0.39x |
| Cash from Investing | -2.67B | -201.3M | -219.7M | -219.4M | -217.2M | -260.1M | -225.2M | -218.1M | -358.7M | -225.2M | -179.1M | -175.7M | -189M | -151.7M | -148.4M | -125.1M | -130.1M | -143.1M | -160.3M | -157.4M |
| Acquisitions | -2.47B | 0 | 138.9M | -138.9M | 0 | 0 | 0 | 1.5M | 0 | 0 | -37.1M | 100K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchase of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sale of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | -2M | 1.5M | -155.4M | 140M | 1.4M | 500K | 4.6M | 2.6M | -175.9M | 1.3M | 37.2M | -300K | -36M | 3.1M | 1.3M | 1.5M | 100K | 2.6M | 1.3M | 2.3M |
| Cash from Financing | 2.3B | 119M | 217.7M | 92.4M | -151.4M | 186M | 143.5M | -64.7M | -109.6M | 154.7M | 143.8M | -44.7M | -159.5M | 321M | 288.4M | 90.5M | -254.9M | 376.9M | 118.6M | 15.8M |
| Dividends Paid | -52.6M | -50.9M | -50.1M | -49.5M | -49.1M | -48.3M | -46.5M | -47.5M | -45.4M | -42.5M | -41.9M | -41.7M | -41.9M | -40M | -39.7M | -39.5M | -39.2M | -38.3M | -37.3M | -37.4M |
| Dividend Payout Ratio % | 17.33% | 49.68% | - | 219.14% | 21.69% | 54.86% | - | - | 20.41% | 45.59% | - | - | 21.32% | 39.89% | - | - | 20.45% | 62.12% | - | 635.85% |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | 1000K | 1000K | -1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K |
| Stock Issued | 400K | 300K | 200K | 400K | 42.8M | 32.8M | -200K | 400K | 173.6M | 113.2M | 37.9M | 400K | 3.2M | 400K | 0 | 27.9M | 23.6M | 400K | 400K | -100K |
| Share Repurchases | -250M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -300K | -17.9M | -4.9M | -3M | -2.1M | -2.5M | -5.8M | -2.6M | -1.3M | -1.4M | -100K | 0 | -4.8M | -2.7M | -200K | 0 | -400K | -3.4M | -500K | -3.3M |
| Net Change in Cash | 45.4M | -1.3M | -6.9M | -2.1M | 4.1M | 7M | 1.2M | -12.7M | 21.1M | -500K | 800K | 3.8M | 2.2M | -1.5M | -9.6M | 14.9M | 0 | 3.9M | -12.6M | -80.1M |
| Exchange Rate Effect | -300K | 0 | 0 | -4.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 4.1M | 41.2M | 48.1M | 15.2M | 41.9M | 34.9M | 33.7M | 46.4M | 25.3M | 25.8M | 25M | 21.2M | 19M | 20.5M | 30.1M | 15.2M | 15.2M | 11.3M | 23.9M | 104M |
| Cash at End | 49.5M | 39.9M | 41.2M | 13.1M | 46M | 41.9M | 34.9M | 33.7M | 46.4M | 25.3M | 25.8M | 25M | 21.2M | 19M | 20.5M | 30.1M | 15.2M | 15.2M | 11.3M | 23.9M |
| Free Cash Flow | -2.25B | -121.8M | -208.1M | -91.4M | 154.1M | -179.5M | -146.9M | 47.9M | 130.7M | -156.5M | -143.1M | 48.7M | 197.7M | -325.6M | -299.3M | -77.1M | 254.8M | -375.6M | -132.5M | -98.2M |
| FCF Growth % | -1563.08% | 32.14% | -41.66% | -290.81% | 17.9% | -14.7% | -2.66% | -1.64% | -33.89% | 51.93% | 52.19% | 163.16% | -22.41% | 13.31% | -125.89% | 21.49% | 2077.78% | -140.77% | 9.62% | -4028% |
| FCF Margin % | -221.04% | -15.98% | -62.29% | -21.66% | 14.66% | -26.83% | -50% | 11.57% | 11.58% | -20.68% | -46.1% | 11.64% | 17.6% | -40% | -95.26% | -17.21% | 28.92% | -67.63% | -45.66% | -29.96% |
| FCF / Net Income % | -798.94% | -128.21% | 522.86% | -437.32% | 73.63% | -220.79% | 567.18% | -380.16% | 63.97% | -183.9% | 460.13% | -225.46% | 110.32% | -357.8% | 4215.49% | 5507.14% | 146.77% | -674.33% | 1338.38% | -1852.83% |