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Side-by-side financial comparison of Slide Insurance Holdings, Inc. (SLDE) and SPIRE INC (SR). Click either name above to swap in a different company.

SPIRE INC is the larger business by last-quarter revenue ($762.2M vs $389.3M, roughly 2.0× Slide Insurance Holdings, Inc.). Slide Insurance Holdings, Inc. runs the higher net margin — 35.8% vs 12.5%, a 23.4% gap on every dollar of revenue. On growth, Slide Insurance Holdings, Inc. posted the faster year-over-year revenue change (38.2% vs 13.9%).

United Property & Casualty Insurance Company, Inc. is an American property and casualty insurance company with headquarters in Florida. It writes commercial, residential, homeowners’, and flood insurance policies in several coastal states.

Spire Inc. is a regional public utility holding company based in St. Louis, Missouri, providing natural gas service through its regulated core utility operations while engaging in non-regulated activities that provide business opportunities. Its primary subsidiary Laclede Gas Company is the largest natural gas distribution utility in Missouri, serving approximately 631,000 residential, commercial and industrial customers in the City of St. Louis and ten counties in eastern Missouri. Its corpo...

SLDE vs SR — Head-to-Head

Bigger by revenue
SR
SR
2.0× larger
SR
$762.2M
$389.3M
SLDE
Growing faster (revenue YoY)
SLDE
SLDE
+24.3% gap
SLDE
38.2%
13.9%
SR
Higher net margin
SLDE
SLDE
23.4% more per $
SLDE
35.8%
12.5%
SR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
SLDE
SLDE
SR
SR
Revenue
$389.3M
$762.2M
Net Profit
$139.5M
$95.0M
Gross Margin
55.1%
Operating Margin
22.8%
Net Margin
35.8%
12.5%
Revenue YoY
38.2%
13.9%
Net Profit YoY
50.8%
16.9%
EPS (diluted)
$1.02
$1.54

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SLDE
SLDE
SR
SR
Q1 26
$389.3M
Q4 25
$347.0M
$762.2M
Q3 25
$265.7M
$334.1M
Q2 25
$261.6M
$421.9M
Q1 25
$1.1B
Q4 24
$669.1M
Q3 24
$293.8M
Q2 24
$414.1M
Net Profit
SLDE
SLDE
SR
SR
Q1 26
$139.5M
Q4 25
$170.4M
$95.0M
Q3 25
$111.0M
$-39.8M
Q2 25
$70.1M
$20.9M
Q1 25
$209.3M
Q4 24
$81.3M
Q3 24
$-25.9M
Q2 24
$-12.6M
Gross Margin
SLDE
SLDE
SR
SR
Q1 26
Q4 25
55.1%
Q3 25
Q2 25
Q1 25
Q4 24
55.6%
Q3 24
Q2 24
Operating Margin
SLDE
SLDE
SR
SR
Q1 26
Q4 25
22.8%
Q3 25
55.3%
-0.1%
Q2 25
36.8%
16.4%
Q1 25
29.1%
Q4 24
22.2%
Q3 24
6.7%
Q2 24
7.4%
Net Margin
SLDE
SLDE
SR
SR
Q1 26
35.8%
Q4 25
49.1%
12.5%
Q3 25
41.8%
-11.9%
Q2 25
26.8%
5.0%
Q1 25
19.9%
Q4 24
12.2%
Q3 24
-8.8%
Q2 24
-3.0%
EPS (diluted)
SLDE
SLDE
SR
SR
Q1 26
$1.02
Q4 25
$1.23
$1.54
Q3 25
$0.79
$-0.77
Q2 25
$0.56
$0.29
Q1 25
$3.51
Q4 24
$1.34
Q3 24
$-0.63
Q2 24
$-0.28

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SLDE
SLDE
SR
SR
Cash + ST InvestmentsLiquidity on hand
$1.2B
$4.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$3.4B
Total Assets
$2.9B
$11.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLDE
SLDE
SR
SR
Q1 26
$1.2B
Q4 25
$1.2B
$4.1M
Q3 25
$861.6M
$5.7M
Q2 25
$936.2M
$13.1M
Q1 25
$15.2M
Q4 24
$11.5M
Q3 24
$4.5M
Q2 24
$7.4M
Total Debt
SLDE
SLDE
SR
SR
Q1 26
Q4 25
Q3 25
$35.0M
Q2 25
$36.3M
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
SLDE
SLDE
SR
SR
Q1 26
$1.1B
Q4 25
$1.1B
$3.4B
Q3 25
$964.2M
$3.4B
Q2 25
$868.1M
$3.5B
Q1 25
$3.5B
Q4 24
$3.3B
Q3 24
$3.2B
Q2 24
$3.3B
Total Assets
SLDE
SLDE
SR
SR
Q1 26
$2.9B
Q4 25
$2.9B
$11.9B
Q3 25
$2.7B
$11.6B
Q2 25
$2.8B
$11.4B
Q1 25
$11.3B
Q4 24
$11.3B
Q3 24
$10.9B
Q2 24
$10.7B
Debt / Equity
SLDE
SLDE
SR
SR
Q1 26
Q4 25
Q3 25
0.04×
Q2 25
0.04×
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SLDE
SLDE
SR
SR
Operating Cash FlowLast quarter
$81.0M
Free Cash FlowOCF − Capex
$-121.8M
FCF MarginFCF / Revenue
-16.0%
Capex IntensityCapex / Revenue
26.6%
Cash ConversionOCF / Net Profit
0.85×
TTM Free Cash FlowTrailing 4 quarters
$-286.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLDE
SLDE
SR
SR
Q1 26
Q4 25
$81.0M
Q3 25
$25.3M
$-4.9M
Q2 25
$350.4M
$129.1M
Q1 25
$372.7M
Q4 24
$81.1M
Q3 24
$82.9M
Q2 24
$270.1M
Free Cash Flow
SLDE
SLDE
SR
SR
Q1 26
Q4 25
$-121.8M
Q3 25
$24.5M
$-227.6M
Q2 25
$348.9M
$-91.4M
Q1 25
$154.1M
Q4 24
$-179.5M
Q3 24
$-146.9M
Q2 24
$47.9M
FCF Margin
SLDE
SLDE
SR
SR
Q1 26
Q4 25
-16.0%
Q3 25
9.2%
-68.1%
Q2 25
133.4%
-21.7%
Q1 25
14.7%
Q4 24
-26.8%
Q3 24
-50.0%
Q2 24
11.6%
Capex Intensity
SLDE
SLDE
SR
SR
Q1 26
Q4 25
26.6%
Q3 25
0.3%
66.7%
Q2 25
0.6%
52.3%
Q1 25
20.8%
Q4 24
38.9%
Q3 24
78.2%
Q2 24
53.7%
Cash Conversion
SLDE
SLDE
SR
SR
Q1 26
Q4 25
0.85×
Q3 25
0.23×
Q2 25
5.00×
6.18×
Q1 25
1.78×
Q4 24
1.00×
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SLDE
SLDE

Segment breakdown not available.

SR
SR

Residential$474.9M62%
Commercial And Industrial$148.4M19%
Gas Marketing$41.1M5%
Midstream$39.0M5%
Transportation$37.1M5%
Offsystem And Other Inventive$19.7M3%
Other Customer Revenue$4.6M1%

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