Spire Inc (SR) — Capital Reinvestment Ratio
Latest as of March 2026:
0.47x
Spire Inc (SR) has a Capital Reinvestment Ratio of 0.47x as of March 2026, meaning it reinvests 0% of its operating cash flow ($410.40 Million) in capital expenditures ($192.20 Million). See SR free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.47x
Capex / Operating Cash Flow
Operating Cash Flow
$410.40 Million
USD
Capital Expenditures
$192.20 Million
USD
Data as of
Mar 2026
Most recent filing
Spire Inc Capital Reinvestment Ratio (1994–2025)
This chart tracks Spire Inc's Capital Reinvestment Ratio across 29 annual periods.
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 market value of Spire Inc.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow