Spire (FRA:LGR) EBIT: €507 Mil (TTM As of Mar. 2026)


FRA:LGR Spire Inc FRA:LGR
77 GF Score
Price €67.50
GF Value €51.47
! 7 Warning Signs
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What is Spire EBIT?

Spire FRA:LGR 77 EBIT is €507 Mil as of Mar. 2026. GuruFocus rates FRA:LGR with a GF Score™ of 77/100 and a GF Value™ of €51.47. The stock has 7 warning signs investors should review.

Spire's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €288 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €507 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 Mar. 2026 was 7.13%. Spire's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Spire's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.54%.


Spire  (FRA:LGR) 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 Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1050.108 * ( 1 - 19.5% )/( (10379.516 + 13329.304)/ 2 )
=845.33694/11854.41
=7.13 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=10147.143 - 343.906 - ( 3.501 - max(0, 1463.158 - 886.879+3.501))
=10379.516

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12689.723 - 503.689 - ( 42.817 - max(0, 2517.236 - 1373.966+42.817))
=13329.304

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Spire's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1151.832/( ( (6716.966 + max(27.841, 0)) + (8059.378 + max(710.944, 0)) )/ 2 )
=1151.832/( ( 6744.807 + 8770.322 )/ 2 )
=1151.832/7757.5645
=14.85 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(363.975 + 221.613 + 136.726) - (343.906 + 70.882 + 279.685)
=27.841

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(359.58 + 157.516 + 814.053) - (503.689 + 42.471 + 74.045)
=710.944

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) 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: Mar. 2026 )
=507.109/11165.887
=4.54 %

* 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


Spire EBIT Historical Data

* Premium members only.

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.

Spire EBIT Chart

Spire Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 379.78 403.50 414.15 460.14 456.25

Spire Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 259.83 63.99 2.47 152.70 287.96

FRA:LGR vs OGS, MDU, BKH: EBIT Comparison

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 EV-to-EBIT vs 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.


FRA:LGR
77GF Score
Spire Inc FRA:LGR
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €507 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €507 Mil mean?
Spire (FRA:LGR) has a EBIT of €507 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Spire.
Is Spire's EBIT too high?
Spire's current EBIT is €507 Mil. Overall, Spire has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Spire's EBIT compare to OGS and MDU?
Spire's EBIT of €507 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Utilities - Regulated company?
A good EBIT depends on the Utilities - Regulated industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Spire. Spire's current EBIT is €507 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spire stock overvalued right now?
Spire (FRA:LGR) has a current EBIT of €507 Mil. The stock's GF Value™ is €51.47, compared to a current price of €67.50 — trading 31.1% above its estimated fair value. The current EBIT is €507 Mil. Spire's overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Spire (FRA:LGR), the current EBIT is €507 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Spire (FRA:LGR) Overvalued in 2026?

Based on GuruFocus' analysis, Spire stock appears to be overvalued. The current stock price of €67.50 is trading 31.1% above its estimated GF Value™ of €51.47.

Key valuation signals for FRA:LGR:

  • EBIT: €507 Mil
  • GF Value™: €51.47 vs. price of €67.50 (31.1% above fair value)
  • GF Score™: 77/100 with 7 warning signs

No single metric tells the full story. See the FRA:LGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spire Business Description

Other Exchanges SR:USALGR:Germany
Address 700 Market Street, Saint Louis, MO, USA, 63101
Spire Inc. is the holding company for Spire Missouri, Spire Alabama, other gas utilities, and gas-related businesses, focused on growing organically, investing in infrastructure, and advancing through innovation. Its three segments are Gas Utility, Gas Marketing, and Midstream. The Gas Utility segment is the core business and includes Spire Missouri, Spire Alabama, and Spire EnergySouth. The Gas Marketing segment includes Spire Marketing, which provides non-regulated natural gas services across the U.S. The Midstream segment includes Spire Storage, Spire STL Pipeline, and Spire MoGas Pipeline. The majority of revenue comes from Gas Utility.
77GF Score

Get the complete analysis for FRA:LGR

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€67.50
Price
€51.47
GF Value