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Spire (SRPA.PFD) 10-Year ROIIC % : 3.66% (As of Sep. 2023)


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What is Spire 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Spire's 10-Year ROIIC % for the quarter that ended in Sep. 2023 was 3.66%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Spire's 10-Year ROIIC % or its related term are showing as below:

SRpA.PFD's 10-Year ROIIC % is ranked better than
50.1% of 497 companies
in the Utilities - Regulated industry
Industry Median: 3.66 vs SRpA.PFD: 3.66

Spire 10-Year ROIIC % Historical Data

The historical data trend for Spire's 10-Year ROIIC % 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 10-Year ROIIC % Chart

Spire Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.65 3.40 3.71 2.92 3.66

Spire Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
10-Year ROIIC % 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 - - - 3.66 -

Competitive Comparison of Spire's 10-Year ROIIC %

For the Utilities - Regulated Gas subindustry, Spire's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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 10-Year ROIIC % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Spire's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Spire's 10-Year ROIIC % falls into.



Spire 10-Year ROIIC % Calculation

Spire's 10-Year ROIIC % for the quarter that ended in Sep. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 355.22396 (Sep. 2023) - 72.375 (Sep. 2013) )/( 10587.9 (Sep. 2023) - 2855.6 (Sep. 2013) )
=282.84896/7732.3
=3.66%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Spire  (NYSE:SRpA.PFD) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Spire 10-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Spire's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Spire (SRPA.PFD) 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.

Spire (SRPA.PFD) Headlines

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