Suburban Propane Partners, L.P.

Suburban Propane Partners, L.P.

SPHยทNYSE

$19.42

+2.2%
UtilitiesRegulated Gas

Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, fuel oil, and refined fuels. The company operates in four segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other. The Propane segment is involved in the retail distribution of propane to residential, commercial, industrial, and agricultural customers, as well as in the wholesale distribution to industrial end users. It offers propane primarily for space heating, water heating, cooking, and clothes drying in the residential and commercial markets; for use as a motor fuel in internal combustion engines to power over-the-road vehicles, forklifts, and stationary engines, as well as to fire furnaces, as a cutting gas to the industrial customers, and in other process applications; and for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. The Fuel Oil and Refined Fuels segment engages in the retail distribution of fuel oil, diesel, kerosene, and gasoline to residential and commercial customers for use primarily as a source of heat in homes and buildings. The Natural Gas and Electricity segment markets natural gas and electricity to residential and commercial customers in the deregulated energy markets in New York and Pennsylvania. The All Other segment sells, installs, and services a range of home comfort equipment, including whole-house heating products, air cleaners, humidifiers, and space heaters. As of September 25, 2021, the company served approximately 1.0 million residential, commercial, industrial, and agricultural customers through 700 locations in 41 states primarily in the east and west coast regions of the United States, as well as portions of the Midwest region of the United States and Alaska. Suburban Energy Services Group LLC serves as a general partner of Suburban Propane Partners, L.P. The company was founded in 1945 and is headquartered in Whippany, New Jersey.

At a Glance

Live Snapshot
Market Cap$1.29B
EPS1.6400
P/E Ratio11.84
Earnings Date08/06/2026
3Y-5.0%
5Y+29.0%
10Y+37.0%
3Y-24.0%
5Y+75.0%
10Y+638.0%
3Y-16.0%
5Y-11.0%
10Y+19.0%
Suburban Propane Partners, L.P.

Suburban Propane Partners, L.P. Profit Bridge

SPH ยท NYSE
Revenue1.43B
Cost of Goods Sold (1.13B)
Gross Profit302.69M
Operating Expenses (96.38M)
Operating Income206.31M
Interest Expense (76.27M)
Other Income/Expense-98.39M
Pretax Income107.92M
Income Tax (1.35M)
Net Income106.57M
Net Income
106.57M

Profitability Analysis

Gross Margin

21.1%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

14.4%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

7.4%

Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.

Effective Tax Rate

1.2%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

Suburban Propane Partners, L.P. Income Statement

SPH โ€ข NYSE

Suburban Propane Partners, L.P. Income StatementSep 2025Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009Sep 2008Sep 2007Sep 2006
REVENUE
1.4B
1.3B
1.4B
1.5B
1.3B
1.1B
1.3B
1.3B
1.2B
1B
1.4B
1.9B
1.7B
1.1B
1.2B
1.1B
1.1B
1.6B
1.4B
1.7B
GROSS PROFIT
(1.1B)
(522.2M)
(1.1B)
(712.1M)
(485.5M)
(383M)
(522M)
(592.6M)
(476.7M)
(362M)
(593.4M)
(1.1B)
(861.9M)
(897.8M)
(958M)
(888M)
(540.4M)
(1.3B)
(1.2B)
(1.4B)
302.7M
805M
361M
789.3M
803.3M
724.9M
745.7M
751.8M
711.2M
684.2M
823.6M
857.5M
841.7M
165.6M
232.5M
248.7M
602.8M
226.7M
251.3M
235M
OPERATING INCOME
(96.4M)
(633.7M)
(154.2M)
(583M)
(590M)
(584.7M)
(594.9M)
(593.6M)
(595.9M)
(603.5M)
(645.8M)
(667.4M)
(664.7M)
(104.8M)
(89.3M)
(95.3M)
(392.2M)
(76.5M)
(85.2M)
(96.7M)
(96.4M)
(89.9M)
(91.6M)
(81.8M)
(74.1M)
(65.9M)
(71M)
(66.2M)
(57.3M)
(61.1M)
(68.3M)
(64.6M)
(64.8M)
(59M)
(53.6M)
(61.7M)
(57M)
(48.1M)
(56.4M)
(63.6M)
206.3M
171.3M
206.8M
206.3M
213.2M
140.3M
150.9M
153.3M
115.3M
90.4M
177.8M
190.1M
177M
42.9M
143.2M
153.4M
210.6M
150.1M
164.6M
132.2M
PRE-TAX INCOME
(76.3M)
(74.6M)
(73.4M)
(60.7M)
(68.1M)
(74.7M)
(76.7M)
(77.4M)
(75.3M)
(75.1M)
(77.6M)
(83.3M)
(95.4M)
(38.6M)
(27.4M)
(27.5M)
(39.1M)
(39.8M)
(164.6M)
(132.2M)
-76.3M
-74.6M
-73.4M
-60.7M
-68.1M
-74.7M
-76.7M
-77.4M
-75.3M
-75.1M
-77.6M
-83.3M
-95.4M
-38.6M
-27.4M
-27.4M
-38.3M
-37.1M
-35.6M
-40.7M
(0.0)
(543.8M)
(62.6M)
(501.3M)
(515.9M)
(518.7M)
(523.8M)
(527.4M)
(538.6M)
(542.4M)
(577.5M)
(602.8M)
(599.9M)
(45.8M)
(35.6M)
(33.7M)
(335.1M)
(28.4M)
(28.8M)
(33.2M)
-98.4M
-96.3M
-82.4M
-66.2M
-89.3M
-79.7M
-81.4M
-82.1M
-76.8M
-75.4M
-92.7M
-94.9M
-97.6M
-40.9M
-27.4M
-36.9M
-42.9M
-37.1M
-35.6M
-43.1M
107.9M
74.9M
124.4M
140.1M
123.9M
60.6M
69.5M
75.9M
38.5M
15M
85.1M
95.3M
79.4M
2M
115.9M
116.5M
167.7M
113.1M
129M
91.5M
NET INCOME
(1.3M)
(734K)
(668K)
(429K)
(1.1M)
-146K
(857K)
-606K
(459K)
(588K)
(700K)
(767K)
(607K)
(137K)
(884K)
(1.2M)
(2.5M)
(1.9M)
(5.7M)
(764K)
106.6M
74.2M
123.8M
139.7M
122.8M
60.8M
68.6M
76.5M
38M
14.4M
84.4M
94.5M
78.8M
1.9M
115M
115.3M
165.2M
154.9M
127.3M
90.7M

SEC Filings

SPH - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 28, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

April 23, 2026
April 23, 2026
2026
8-K

8-K 2026

N/A

April 22, 2026
April 22, 2026
2026
10-Q

10-Q 2025 Q4

Q4

February 05, 2026
December 27, 2025
2025
8-K

8-K 2026

N/A

February 05, 2026
February 05, 2026
2026
8-K

8-K 2026

N/A

January 22, 2026
January 22, 2026
2026
8-K

8-K 2026

N/A

January 21, 2026
January 21, 2026
2026
8-K

8-K 2025

N/A

December 22, 2025
December 22, 2025
2025
8-K

8-K 2025

N/A

December 08, 2025
December 08, 2025
2025
Showing 1 to 10 of 579 filings