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Spire Inc. 2024 Annual Report on Form 10-K
2024 highlights 2024 Fiscal years ended September 30 2023 2022 Earnings and dividends (millions, except per share amounts) Net income 250.9 217.5 220.8 Diluted earnings per share of common stock 4.19 3.85 3.95 Adjusted earnings* 247.4 228.1 216.3 Diluted adjusted earnings per share of common stock* 4.13 4.05 3.86 Dividends declared per share of common stock 3.02 2.88 2.74 Operating revenues (millions) Gas Utility $ 2,436.2 $ 2,456.6 Gas Marketing 99.2 179.1 Midstream and other 57.6 $ 1,945.6 234.9 30.6 18.0 $ 2,593.0 $ 2,666.3 $ 2,198.5 Volume sold and transported (millions of Ccf) 3,089.5 3,220.7 3,175.0 Annual average customers (thousands) 1,740.9 1,735.6 1,732.7 2,424 2,537 2,650 3,475 3,589 3,584 Total operating revenues Gas Utility volume and customers Shareholders Common shareholders of record, end of period Employees Total employees, end of period * For further discussion of these non-GAAP financial measures, see page 29 of our Annual Report on Form 10-K. Profile At Spire, we believe energy exists to help make people s lives better. It s a simple idea, but one that s at the heart of our company. Every day we serve 1.7 million homes and businesses, making us one of the largest publicly traded natural gas companies in the country. We help families and business owners fuel their daily lives through our gas utilities serving Alabama, Mississippi and Missouri. Our natural gas-related businesses include Spire Marketing and Spire Midstream. We are committed to transforming our business through growing organically, investing in infrastructure, and driving operational excellence. Learn more at SpireEnergy.com.
 • shareholder letter icon 12/18/2024 Letter Continued (Full PDF)
 • stockholder letter icon 12/13/2023 SR Stockholder Letter
 • stockholder letter icon More "Gas Utilities" Category Stockholder Letters
 • Benford's Law Stocks icon SR Benford's Law Stock Score = 93


SR Shareholder/Stockholder Letter Transcript:

Spire Inc.
2024 Annual Report
on Form 10-K

2024 highlights
2024
Fiscal years ended September 30
2023
2022
Earnings and dividends (millions, except per share amounts)
Net income

250.9

217.5

220.8
Diluted earnings per share of common stock

4.19

3.85

3.95
Adjusted earnings*

247.4

228.1

216.3
Diluted adjusted earnings per share of common stock*

4.13

4.05

3.86
Dividends declared per share of common stock

3.02

2.88

2.74
Operating revenues (millions)
Gas Utility
$ 2,436.2
$ 2,456.6
Gas Marketing

99.2

179.1
Midstream and other

57.6

$ 1,945.6

234.9
30.6
  18.0
$ 2,593.0
$ 2,666.3
$ 2,198.5
Volume sold and transported (millions of Ccf)
   3,089.5
   3,220.7
   3,175.0
Annual average customers (thousands)
   1,740.9
   1,735.6
   1,732.7

2,424

2,537

2,650

3,475

3,589

3,584
Total operating revenues
Gas Utility volume and customers
Shareholders
Common shareholders of record, end of period
Employees
Total employees, end of period
* For further discussion of these non-GAAP financial measures, see page 29 of our Annual Report
on Form 10-K.
Profile
At Spire, we believe energy exists to help make people   s
lives better. It   s a simple idea, but one that   s at the heart
of our company. Every day we serve 1.7 million homes and
businesses, making us one of the largest publicly traded
natural gas companies in the country. We help families
and business owners fuel their daily lives through our
gas utilities serving Alabama, Mississippi and Missouri.
Our natural gas-related businesses include Spire Marketing
and Spire Midstream. We are committed to transforming
our business through growing organically, investing in
infrastructure, and driving operational excellence. Learn
more at SpireEnergy.com.



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