SPIRE ALABAMA INC

For the period ended Jun 30, 2026. Filed Aug 5, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 5, 2026

SR$88.86+0.1%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Balance Sheets

	June 30,	September 30,	June 30,
(Dollars in millions, except per share amounts)	2026	2025	2025
ASSETS
Utility Plant	$12,032.6	$9,330.4	$9,232.8
Less: Accumulated depreciation and amortization	3,107.9	2,577.4	2,571.8
Net Utility Plant	8,924.7	6,753.0	6,661.0
Non-utility Property (net of accumulated depreciation and amortization of $124.7, $106.6 and $100.5 at June 30, 2026, September 30, 2025, and June 30, 2025, respectively)	553.4	568.1	572.3
Other Investments	131.8	126.6	124.1
Total Other Property and Investments	685.2	694.7	696.4
Current Assets:
Cash and cash equivalents	20.7	5.7	13.1
Accounts receivable:
Utility	228.8	191.9	228.0
Other	47.1	47.2	46.1
Allowance for credit losses	(30.4)	(28.8)	(33.8)
Delayed customer billings	29.5	13.6	18.3
Inventories:
Natural gas	155.7	192.8	133.0
Propane gas	8.6	8.6	8.6
Materials and supplies	45.4	47.0	46.5
Regulatory assets	78.6	78.3	35.0
Prepayments	63.6	46.1	58.7
Other	60.9	22.8	26.7
Assets held for sale	81.4	182.7	199.9
Total Current Assets	789.9	807.9	780.1
Deferred Charges and Other Assets:
Goodwill	1,895.2	1,171.6	1,171.6
Regulatory assets	1,395.0	1,323.5	1,293.4
Other	401.4	378.7	347.7
Assets held for sale	—	445.9	446.1
Total Deferred Charges and Other Assets	3,691.6	3,319.7	3,258.8
Total Assets	$14,091.4	$11,575.3	$11,396.3

CONDENSED CONSOLIDATED BALANCE SHEETS (Continued)

	June 30,	September 30,	June 30,
	2026	2025	2025
CAPITALIZATION AND LIABILITIES
Capitalization:
Preferred stock ($25.00 par value per share; 10.0 million depositary shares authorized, issued and outstanding at September 30, 2025 and June 30, 2025)	$—	$242.0	$242.0
Common stock (par value $1.00 per share; 70.0 million shares authorized; 59.1 million, 59.0 million, and 59.0 million shares issued and outstanding at June 30, 2026, September 30, 2025, and June 30, 2025, respectively)	59.1	59.0	59.0
Paid-in capital	1,984.9	1,981.4	1,979.2
Retained earnings	1,515.9	1,087.6	1,179.5
Accumulated other comprehensive income	23.1	19.4	20.5
Total Shareholders' Equity	3,583.0	3,389.4	3,480.2
Temporary equity	4.4	6.1	5.2
Long-term debt (less current portion)	5,758.0	3,369.4	3,498.4
Total Capitalization	9,345.4	6,764.9	6,983.8
Current Liabilities:
Current portion of long-term debt	238.1	487.5	392.5
Notes payable	1,263.5	1,317.0	1,009.5
Accounts payable	194.4	156.3	140.2
Advance customer billings	17.0	58.1	29.4
Wages and compensation accrued	41.4	49.2	35.4
Customer deposits	38.8	32.8	32.6
Taxes accrued	100.9	107.5	90.8
Regulatory liabilities	11.3	39.4	48.6
Other	219.2	176.5	175.1
Liabilities associated with assets held for sale	7.9	124.2	132.4
Total Current Liabilities	2,132.5	2,548.5	2,086.5
Deferred Credits and Other Liabilities:
Deferred income taxes	1,054.6	887.4	900.5
Pension and postretirement benefit costs	43.1	74.7	105.0
Asset retirement obligations	596.9	577.7	593.0
Regulatory liabilities	777.6	578.0	582.0
Other	141.3	136.7	138.4
Liabilities associated with assets held for sale	—	7.4	7.1
Total Deferred Credits and Other Liabilities	2,613.5	2,261.9	2,326.0
Commitments and Contingencies (Note 13)
Total Capitalization and Liabilities	$14,091.4	$11,575.3	$11,396.3

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.