Spire Inc (SR) — Capital Reinvestment Ratio
Spire Inc (SR) has a Capital Reinvestment Ratio of 2.50x as of December 2025, meaning it reinvests 3% of its operating cash flow ($81.00 Million) in capital expenditures ($202.80 Million). See Spire Inc balance sheet quality to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Spire Inc Capital Reinvestment Ratio (1994–2025)
This chart tracks Spire Inc's Capital Reinvestment Ratio across 29 annual periods. Check Spire Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Spire Inc (1994–2025)
Year-by-year Capital Reinvestment Ratio for Spire Inc from 1994 to 2025. For live market cap and broader valuation context, see Spire Inc (SR) market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.60x | $578.00 Million | $922.40 Million | ▲ +69.1% |
| 2024 | 0.94x | $912.40 Million | $861.30 Million | ▼ -37.3% |
| 2023 | 1.50x | $440.20 Million | $662.50 Million | ▼ -85.0% |
| 2022 | 10.04x | $55.00 Million | $552.20 Million | ▲ +301.4% |
| 2021 | 2.50x | $249.80 Million | $624.80 Million | ▲ +84.1% |
| 2020 | 1.36x | $469.90 Million | $638.40 Million | ▼ -25.6% |
| 2019 | 1.83x | $450.90 Million | $823.30 Million | ▲ +66.9% |
| 2018 | 1.09x | $456.60 Million | $499.40 Million | ▼ -28.0% |
| 2017 | 1.52x | $288.30 Million | $438.10 Million | ▲ +70.1% |
| 2016 | 0.89x | $328.30 Million | $293.30 Million | ▼ -0.6% |
| 2015 | 0.90x | $322.40 Million | $289.80 Million | ▼ -35.6% |
| 2014 | 1.39x | $122.60 Million | $171.00 Million | ▲ +74.8% |
| 2013 | 0.80x | $163.91 Million | $130.79 Million | ▼ -6.1% |
| 2012 | 0.85x | $128.10 Million | $108.84 Million | ▲ +110.0% |
| 2011 | 0.40x | $167.19 Million | $67.64 Million | ▼ -24.1% |
| 2010 | 0.53x | $106.92 Million | $57.00 Million | ▲ +132.8% |
| 2009 | 0.23x | $228.75 Million | $52.38 Million | ▼ -68.4% |
| 2007 | 0.72x | $81.29 Million | $58.87 Million | ▲ +24.0% |
| 2005 | 0.58x | $103.09 Million | $60.20 Million | ▼ -4.3% |
| 2004 | 0.61x | $84.12 Million | $51.31 Million | ▼ -3.5% |
| 2002 | 0.63x | $83.84 Million | $53.00 Million | ▼ -49.0% |
| 2001 | 1.24x | $37.90 Million | $46.95 Million | ▼ -92.7% |
| 2000 | 16.95x | $3.05 Million | $51.63 Million | ▲ +1400.2% |
| 1999 | 1.13x | $43.10 Million | $48.70 Million | ▲ +16.8% |
| 1998 | 0.97x | $48.90 Million | $47.30 Million | ▲ +22.3% |
| 1997 | 0.79x | $54.10 Million | $42.80 Million | ▼ -20.7% |
| 1996 | 1.00x | $41.30 Million | $41.20 Million | ▼ -38.6% |
| 1995 | 1.62x | $28.20 Million | $45.80 Million | ▲ +81.1% |
| 1994 | 0.90x | $43.70 Million | $39.20 Million | — |