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Spire (SR) EBIT : $443 Mil (TTM As of Dec. 2023)


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What is Spire EBIT?

Spire's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $157 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $443 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Spire's annualized ROC % for the quarter that ended in Dec. 2023 was 4.09%. Spire's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Spire's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.27%.


Spire EBIT Historical Data

The historical data trend for Spire's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Spire EBIT Chart

Spire Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 323.50 206.50 446.80 399.50 442.00

Spire Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 156.20 267.30 18.30 0.20 156.70

Competitive Comparison of Spire's EBIT

For the Utilities - Regulated Gas subindustry, Spire's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spire's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Spire's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Spire's EV-to-EBIT falls into.



Spire EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $443 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Spire  (NYSE:SR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Spire's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=556.8 * ( 1 - 19.79% )/( (10587.9 + 11237.5)/ 2 )
=446.60928/10912.7
=4.09 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Spire's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=626.8/( ( (6407.4 + max(309.9, 0)) + (6564.8 + max(371.9, 0)) )/ 2 )
=626.8/( ( 6717.3 + 6936.7 )/ 2 )
=626.8/6827
=9.18 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(192.4 + 279.5 + 481.3) - (404.2 + 48.6 + 190.5)
=309.9

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(428.8 + 276.6 + 372.5) - (384.8 + 53.8 + 267.4)
=371.9

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Spire's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=442.5/8391.873
=5.27 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Spire EBIT Related Terms

Thank you for viewing the detailed overview of Spire's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Spire (SR) Business Description

Traded in Other Exchanges
Address
700 Market Street, Saint Louis, MO, USA, 63101
Spire Inc is a public utility holding company with three reportable business segments: Gas Utility , Gas Marketing and Midstream. The Gas Utility segment includes the regulated operations of Laclede Gas, Alabama Gas Corporation (Alagasco), and EnergySouth Inc. The Utilities businesses operations include the purchase, retail, distribution, and sale of natural gas in Missouri, Alabama, and Mississippi. The Gas Utility segment generates a majority of the company's revenue but is subject to seasonal fluctuations. The Gas Marketing segment includes Laclede Energy Resources, Inc, whose operations include the marketing of natural gas and related activities on a non-regulated basis and the Midstream segment includes transportation and storage of natural gas.
Executives
Paul D Koonce director P O BOX 26532, RICHMOND VA 23261
Adam W. Woodard officer: Treasurer 700 MARKET STREET, ST. LOUIS MO 63101
Steven P Rasche officer: Executive Vice President 700 MARKET STREET, ST. LOUIS MO 63101
Stephen M Mills officer: Senior Vice President 700 MARKET STREET, ST. LOUIS MO 63101
Vincent J Ferrari director 12555 MANCHESTER ROAD, DES PERES MO 63131
Brenda D Newberry director 700 MARKET STREET, ST. LOUIS MO 63101
Carrie J Hightman director C/O NISOURCE INC., 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Stupp John P Jr director STUPP JOHN P JR, #18 ST. ANDREWS DR., ST LOUIS MO 63124
Joseph B. Hampton officer: President, AL & MS 700 MARKET STREET, ST. LOUIS MO 63101
Scott B. Carter officer: SVP, COO of Distribution Ops 700 MARKET STREET, ST. LOUIS MO 63101
Stephen S Schwartz director 46897 BAYSIDE PARKWAY, FREMONT CA 94538
Rob L. Jones director 555 EAST AIRTEX DRIVE, HOUSTON TX 77073
Edward L Glotzbach director C/O VISUAL NETWORKS INC, 2092 GAITHER ROAD, ROCKVILLE MD 20850
Mark A Borer director
Van Lokeren Mary Ann director

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