SR vs. KEN

Last updated Apr 1, 2026

Compare and contrast key facts about Spire Inc. (SR) and Kenon Holdings Ltd. (KEN).

Performance

SR vs. KEN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Spire Inc. (SR) and Kenon Holdings Ltd. (KEN). The values are adjusted to include any dividend payments, if applicable.

SR vs. KEN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SR Spire Inc.	10.48%	27.08%	14.12%	-5.26%	9.81%	5.86%	-20.18%	15.81%	1.74%	19.88%
KEN Kenon Holdings Ltd.	24.20%	126.18%	62.44%	-19.16%	-23.73%	93.65%	57.17%	50.73%	23.06%	85.88%

Fundamentals

Market Cap SR : $5.36B KEN : $4.58B
EPS SR : $4.83 KEN : $9.03
PE Ratio SR : 18.75 KEN : 9.12
PS Ratio SR : 2.08 KEN : 5.41
PB Ratio SR : 1.68 KEN : 3.06
Total Revenue (TTM) SR : $2.57B KEN : $803.30M
Gross Profit (TTM) SR : $1.46B KEN : $145.79M
EBITDA (TTM) SR : $872.20M KEN : $162.42M

Returns By Period

In the year-to-date period, SR achieves a 10.48% return, which is significantly lower than KEN's 24.20% return. Over the past 10 years, SR has underperformed KEN with an annualized return of 6.79%, while KEN has yielded a comparatively higher 45.84% annualized return.

SR

• 1D: -0.94%
• 1M: -0.26%
• YTD: 10.48%
• 6M: 13.22%
• 1Y: 20.44%
• 3Y*: 13.82%
• 5Y*: 8.83%
• 10Y*: 6.79%

KEN

• 1D: 3.01%
• 1M: 5.74%
• YTD: 24.20%
• 6M: 82.33%
• 1Y: 198.70%
• 3Y*: 60.58%
• 5Y*: 39.32%
• 10Y*: 45.84%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SR vs. KEN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SR

SR Risk / Return Rank: 74
SR Sharpe Ratio Rank: 78
SR Sortino Ratio Rank: 69
SR Omega Ratio Rank: 68
SR Calmar Ratio Rank: 78
SR Martin Ratio Rank: 75

KEN

KEN Risk / Return Rank: 99
KEN Sharpe Ratio Rank: 99
KEN Sortino Ratio Rank: 99
KEN Omega Ratio Rank: 98
KEN Calmar Ratio Rank: 99
KEN Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SR vs. KEN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Spire Inc. (SR) and Kenon Holdings Ltd. (KEN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SR	KEN	Difference
Sharpe ratio Return per unit of total volatility	1.13	5.40	-4.27
Sortino ratio Return per unit of downside risk	1.54	5.11	-3.57
Omega ratio Gain probability vs. loss probability	1.20	1.71	-0.51
Calmar ratio Return relative to maximum drawdown	2.02	12.91	-10.89
Martin ratio Return relative to average drawdown	4.35	38.70	-34.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SR vs. KEN - Sharpe Ratio Comparison

The current SR Sharpe Ratio is 1.13, which is lower than the KEN Sharpe Ratio of 5.40. The chart below compares the historical Sharpe Ratios of SR and KEN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SR	KEN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.13	5.40	-4.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	1.01	-0.59
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.28	1.09	-0.81
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.78	-0.33

Correlation

The correlation between SR and KEN is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SR vs. KEN - Dividend Comparison

SR's dividend yield for the trailing twelve months is around 3.56%, less than KEN's 5.83% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SR Spire Inc.	3.56%	3.85%	4.50%	4.68%	4.03%	4.04%	3.93%	2.88%	3.08%	2.84%	3.09%	3.15%
KEN Kenon Holdings Ltd.	5.83%	7.24%	11.18%	11.46%	25.00%	7.35%	7.41%	5.75%	96.34%	0.00%	0.00%	45.52%

Drawdowns

SR vs. KEN - Drawdown Comparison

The maximum SR drawdown since its inception was -45.00%, smaller than the maximum KEN drawdown of -69.20%. Use the drawdown chart below to compare losses from any high point for SR and KEN.

Drawdown Indicators

	SR	KEN	Difference
Max Drawdown Largest peak-to-trough decline	-45.00%	-69.20%	+24.20%
Max Drawdown (1Y) Largest decline over 1 year	-10.17%	-15.63%	+5.46%
Max Drawdown (5Y) Largest decline over 5 years	-26.05%	-69.20%	+43.15%
Max Drawdown (10Y) Largest decline over 10 years	-39.53%	-69.20%	+29.67%
Current Drawdown Current decline from peak	-2.39%	-5.31%	+2.92%
Average Drawdown Average peak-to-trough decline	-9.49%	-23.48%	+13.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.71%	5.21%	-0.50%

Volatility

SR vs. KEN - Volatility Comparison

The current volatility for Spire Inc. (SR) is 5.43%, while Kenon Holdings Ltd. (KEN) has a volatility of 11.22%. This indicates that SR experiences smaller price fluctuations and is considered to be less risky than KEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SR	KEN	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.43%	11.22%	-5.79%
Volatility (6M) Calculated over the trailing 6-month period	12.40%	25.24%	-12.84%
Volatility (1Y) Calculated over the trailing 1-year period	18.13%	37.02%	-18.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.32%	39.20%	-17.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.29%	42.16%	-17.87%

Financials

SR vs. KEN - Profitability Comparison

The chart below illustrates the profitability comparison between Spire Inc. and Kenon Holdings Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Spire Inc. reported a gross profit of 622.30M and revenue of 762.20M. Therefore, the gross margin over that period was 81.7%.

KEN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Kenon Holdings Ltd. reported a gross profit of 69.00M and revenue of 265.00M. Therefore, the gross margin over that period was 26.0%.

SR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Spire Inc. reported an operating income of 173.50M and revenue of 762.20M, resulting in an operating margin of 22.8%.

KEN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Kenon Holdings Ltd. reported an operating income of 34.00M and revenue of 265.00M, resulting in an operating margin of 12.8%.

SR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Spire Inc. reported a net income of 95.00M and revenue of 762.20M, resulting in a net margin of 12.5%.

KEN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Kenon Holdings Ltd. reported a net income of 25.00M and revenue of 265.00M, resulting in a net margin of 9.4%.