Spire Inc.
$9.98B- Market cap
- $4.82B
- Debt
- +$5.17B
- Cash
- −$5.70M
Capital structure 48% equity / 52% debt · EV / Revenue 4.03x · EV proxy / EBITDA proxy 12.15x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · View financials
Decision snapshot: SR stock price vs ED: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at ED's multiple
Needs ED P/E.
Implied fair value · at SR's multiple
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Reported gross margin
Operating income + D&A
Lower is better
Not comparable
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Nine period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Capital structure 48% equity / 52% debt · EV / Revenue 4.03x · EV proxy / EBITDA proxy 12.15x
Complete market value, debt and cash evidence is required for enterprise value.
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Spire Inc. · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
CONSOLIDATED EDISON INC · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
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LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe SR can re-accelerate growth while maintaining its 21.2% operating margin and 30.0% EBITDA margin, then SR looks reasonable to own because the current price still implies only 5.6% upside to the P/E-derived value and sits within the stated valuation ranges.
SR trades at $79.86 versus an implied P/E value of $84.34, suggesting about 5.6% upside and a relatively narrow valuation gap. The stock also sits above the lower end of ED-implied range and near the middle of its historical band, which points to fair-to-slightly-cheap pricing rather than a deep discount.
Supporting Metrics