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SPRUCE POWER HOLDING CORP SPRU
SPRUCE POWER HOLDING CORP (SPRU) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $111.8M at a -23.3% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
How it ranks in Transportation & Utilities · percentile among 348 companies
Percentile vs other Transportation & Utilities companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | -0.147 |
| Retained earnings / assets | -0.423 |
| EBIT / assets | 0.021 |
| Equity / liabilities | 0.169 |
Sector peers · similar-size Transportation & Utilities companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| SPRU | SPRUCE POWER HOLDING CORP | 4/9 | -2.02 | — | +36.2% |
| OPTT | Ocean Power Technologies, Inc. | 3/9 | — | — | — |
| HDRN | Hadron Energy, Inc. | 1/9 | — | 33.8 | — |
| APSI | AQUA POWER SYSTEMS INC. | 1/9 | — | 0.6 | — |
| HNRG | HALLADOR ENERGY CO | 7/9 | 0.86 | 19.7 | +16.2% |
| ORA | ORMAT TECHNOLOGIES, INC. | 4/9 | 1.3 | 57.6 | +12.5% |
| XIFR | XPLR Infrastructure, LP | 4/9 | — | — | -3.4% |
All Transportation & Utilities companies →
About SPRUCE POWER HOLDING CORP
Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company offers electricity for homeowners through subscription-based payments and solar renewable energy credits (SRECs) for contracted prices, which are generated by home solar energy systems. It also provides Spruce Pro servicing platform, which provides home and third party-owned solar energy systems with portfolio managed services, including billing and collections/asset recovery, account support services, financial asset management, homeowner support and servicing technology, asset operations, and transaction and execution services related to SRECs; and Spruce Pro, which offers third-party owners a range of services for residential, commercial, and industrial assets. Spruce Power Holding Corporation was founded in 2009 and is headquartered in Houston, Texas
FAQ
Is SPRU financially healthy?
SPRUCE POWER HOLDING CORP's Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does SPRU pay a dividend?
No, SPRUCE POWER HOLDING CORP does not currently pay a dividend.
How profitable is SPRU?
In FY2025, SPRUCE POWER HOLDING CORP had a net margin of -23.3% and a return on equity of -21.5%.
Is SPRU a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on SPRUCE POWER HOLDING CORP: a Piotroski F-score of 4/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.