SUBURBAN PROPANE PARTNERS LP
SUBURBAN PROPANE PARTNERS LP
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 4 | 1 | 0 | 1 | 4 | 4 | 3 | 5 | 4 | 6 | 4 | 10 | |||||
Accounts Receivable Net Current | 148 | 129 | 69 | 80 | 151 | 125 | 66 | 74 | 123 | 119 | 68 | 78 | |||||
Inventory Net | 64 | 69 | 74 | 60 | 58 | 61 | 55 | 51 | 58 | 61 | 62 | 57 | |||||
Other Assets Current | 52 | 36 | 23 | 34 | 37 | 40 | 32 | 35 | 41 | 36 | 31 | 35 | |||||
Assets Current | 267 | 236 | 166 | 175 | 250 | 230 | 158 | 165 | 226 | 222 | 164 | 180 | |||||
Property Plant And Equipment Net | 717 | 711 | 691 | 689 | 692 | 686 | 654 | 649 | 644 | 643 | 646 | 649 | |||||
Operating Lease Right Of Use Asset | 106 | 113 | 119 | 124 | 130 | 139 | 140 | 146 | 149 | 138 | 143 | 133 | |||||
Goodwill | 1,165 | 1,165 | 1,158 | 1,158 | 1,158 | 1,161 | 1,151 | 1,151 | 1,149 | 1,149 | 1,149 | 1,149 | |||||
Finite Lived Intangible Assets Net | 87 | 91 | 85 | 88 | 91 | 92 | 75 | 77 | 75 | 78 | 81 | 84 | |||||
Other Assets Noncurrent | 83 | 79 | 77 | 81 | 79 | 78 | 95 | 95 | 96 | 90 | 88 | 86 | |||||
Assets | 2,427 | 2,396 | 2,296 | 2,315 | 2,400 | 2,385 | 2,273 | 2,284 | 2,338 | 2,320 | 2,270 | 2,280 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 45 | 48 | 45 | 27 | 39 | 86 | 41 | 26 | 52 | 72 | 40 | 38 | |||||
Employee Related Liabilities Current | 44 | 38 | 47 | 47 | 41 | 35 | 40 | 42 | 36 | 34 | 45 | 38 | |||||
Contract With Customer Refund Liability Current | 63 | 105 | 122 | 90 | 64 | 111 | 127 | 97 | 73 | 112 | 127 | 91 | |||||
Operating Lease Liability Current | 31 | 33 | 34 | 35 | 36 | 36 | 36 | 35 | 35 | 33 | 34 | 32 | |||||
Interest Payable Current | - | - | 16 | - | - | - | 16 | - | - | - | 17 | - | |||||
Other Liabilities Current | 65 | 49 | 28 | 52 | 55 | 60 | 34 | 52 | 61 | 58 | 33 | 65 | |||||
Liabilities Current | 248 | 273 | 303 | 251 | 236 | 329 | 306 | 252 | 257 | 310 | 308 | 264 | |||||
Long Term Debt | 1,259 | 1,323 | 1,212 | 1,225 | 1,294 | 1,303 | 1,210 | 1,203 | 1,212 | 1,244 | 1,188 | 1,215 | |||||
Accrued Insurance Noncurrent | 51 | 45 | 46 | 45 | 44 | 46 | 46 | 48 | 49 | 49 | 12 | 51 | |||||
Operating Lease Liability Noncurrent | 75 | 80 | 84 | 88 | 94 | 102 | 104 | 109 | 112 | 104 | 108 | 100 | |||||
Other Liabilities Noncurrent | 51 | 50 | 53 | 60 | 61 | 60 | 60 | 64 | 64 | 63 | 70 | 65 | |||||
Liabilities | 1,683 | 1,770 | 1,698 | 1,668 | 1,728 | 1,839 | 1,726 | 1,676 | 1,695 | 1,770 | 1,724 | 1,696 | |||||
Partners Capital | |||||||||||||||||
Limited Partners Capital Account | 750 | 632 | 604 | 652 | 678 | 551 | 553 | 617 | 653 | 560 | 557 | 597 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -6 | -6 | -5 | -6 | -6 | -6 | -6 | -10 | -10 | -10 | -11 | -12 | |||||
Partners Capital | 744 | 626 | 599 | 646 | 672 | 545 | 547 | 607 | 643 | 550 | 546 | 584 | |||||
Liabilities And Stockholders Equity | 2,427 | 2,396 | 2,296 | 2,315 | 2,400 | 2,385 | 2,273 | 2,284 | 2,338 | 2,320 | 2,270 | 2,280 | |||||
Allowance For Doubtful Accounts Receivable | 7 | 6 | 5 | 6 | 6 | 5 | 5 | 6 | 6 | 5 | 4 | 6 | |||||
Limited Partners Capital Account Units Issued | 66 | 66 | 66 | 65 | 65 | 64 | 64 | 64 | 64 | 64 | 64 | 63 | |||||
Limited Partners Capital Account Units Outstanding | 66 | 66 | 66 | 65 | 65 | 64 | 64 | 64 | 64 | 64 | 64 | 63 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.84% | 1.24% | -4.12% | -1.02% | -11.28% | -5.31% | - | - | - | - | - | - |
| 2025 | 0.10% | 2.51% | -2.12% | -0.16% | -1.38% | -1.54% | 7.16% | 6.24% | 8.36% | -3.99% | -0.62% | 6.64% |
| 2024 | 4.94% | 2.92% | -0.81% | 3.46% | -3.36% | -4.89% | 3.43% | 5.32% | 9.46% | -10.39% | 1.91% | 13.12% |
| 2023 | - | - | - | - | - | - | -0.68% | 0.41% | 13.68% | 1.58% | 3.68% | 15.59% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.08 | 0.87 | 0.55 | 0.70 | 1.06 | 0.70 | 0.51 | 0.65 | 0.88 | 0.72 | 0.53 | 0.68 | |||||
| Quick Ratio | 0.82 | 0.61 | 0.31 | 0.46 | 0.81 | 0.51 | 0.33 | 0.45 | 0.65 | 0.52 | 0.33 | 0.47 | |||||
| Working Capital | 19.71M | -36.61M | -136.55M | -75.41M | 14.43M | -99.40M | -148.58M | -87.64M | -31.06M | -87.93M | -143.82M | -83.65M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 2.26 | 2.83 | 2.84 | 2.58 | 2.57 | 3.37 | 3.15 | 2.76 | 2.64 | 3.22 | 3.16 | 2.90 | |||||
| Interest Coverage TTM | 2.84 | 2.81 | 2.71 | 2.60 | 2.65 | 2.39 | 2.30 | 2.63 | 2.70 | 2.56 | 2.82 | 2.37 | |||||
| Debt Ratio | 0.69 | 0.74 | 0.74 | 0.72 | 0.72 | 0.77 | 0.76 | 0.73 | 0.73 | 0.76 | 0.76 | 0.74 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.58 | 0.60 | 0.63 | 0.62 | 0.60 | 0.57 | 0.58 | 0.59 | 0.58 | 0.62 | 0.65 | 0.66 | |||||
| Days Sales Outstanding TTM | 39.12 | 32.48 | 17.32 | 19.62 | 35.04 | 33.34 | 18.44 | 20.61 | 34.99 | 32.99 | 18.67 | 21.98 | |||||
| Receivables Turnover TTM | 9.33 | 11.24 | 21.08 | 18.60 | 10.42 | 10.95 | 19.79 | 17.71 | 10.43 | 11.06 | 19.55 | 16.61 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 1.99 | 2.00 | 1.62 | 1.49 | 1.45 | 1.07 | 1.14 | 1.52 | 1.69 | 1.60 | 1.92 | 1.41 | |||||
| Free Cash Flow Per Share TTM | 1.99 | 0.93 | 1.76 | 1.60 | 1.08 | 1.71 | 1.57 | 2.01 | 2.11 | 2.51 | 2.82 | 2.70 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 63.21% | 61.71% | 60.65% | 59.87% | 60.08% | 61.32% | 60.65% | 62.61% | 62.09% | 59.89% | 58.71% | 54.14% | |||||
| Operating Profit Margin TTM | 15.39% | 15.03% | 14.40% | 14.02% | 14.26% | 13.60% | 12.90% | 14.70% | 14.93% | 13.83% | 14.47% | 11.47% | |||||
| Net Profit Margin TTM | 9.57% | 9.30% | 7.44% | 6.79% | 6.65% | 5.18% | 5.59% | 7.28% | 8.02% | 7.36% | 8.66% | 6.28% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -2.19% | 7.11% | 7.94% | 6.29% | 4.02% | -4.50% | -7.14% | -6.60% | -6.35% | -8.27% | -4.81% | -2.16% | |||||
| Net Income Growth (1Y) | 40.72% | 92.26% | 43.68% | -0.80% | -13.72% | -32.75% | -40.06% | 8.24% | 17.88% | -37.23% | -11.42% | -49.04% | |||||
| EPS Growth (1Y) | 37.15% | 87.15% | 41.90% | -2.30% | -14.41% | -33.20% | -40.50% | 7.45% | 17.07% | -37.66% | -12.29% | -49.55% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 9.67 | 8.94 | 10.83 | 11.66 | 13.23 | 14.53 | 13.84 | 10.90 | 10.28 | 9.35 | 6.87 | 8.49 | |||||
| P/B TTM | 1.73 | 1.90 | 1.93 | 1.75 | 1.87 | 1.84 | 1.88 | 1.76 | 1.76 | 1.75 | 1.56 | 1.31 | |||||
| P/S TTM | 0.93 | 0.83 | 0.81 | 0.79 | 0.88 | 0.75 | 0.77 | 0.79 | 0.82 | 0.69 | 0.59 | 0.53 | |||||
| Market Cap | 1.29B | 1.19B | 1.15B | 1.13B | 1.25B | 1.00B | 1.03B | 1.07B | 1.13B | 961.07M | 849.60M | 767.56M | |||||
| Enterprise Value | 2.54B | 2.51B | 2.37B | 2.36B | 2.54B | 2.30B | 2.23B | 2.27B | 2.34B | 2.20B | 2.03B | 1.97B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 132.63M | 61.89M | 114.30M | 104.32M | 70.21M | 110.02M | 101.16M | 129.72M | 135.61M | 160.87M | 180.29M | 172.37M | |||||
| Net Debt | 1.25B | 1.32B | 1.21B | 1.22B | 1.29B | 1.30B | 1.21B | 1.20B | 1.21B | 1.24B | 1.18B | 1.21B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
SUBURBAN PROPANE PARTNERS LP (SPH) — SEC Financial Statements & Analysis
SUBURBAN PROPANE PARTNERS LP (SPH) is a retail-miscellaneous retail company, incorporated in DE. SUBURBAN PROPANE PARTNERS LP trades on NYSE as: SPH. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), SUBURBAN PROPANE PARTNERS LP reported a -2.19% year-over-year revenue growth, a Gross Profit Margin of 63.21% (TTM), a Debt-to-Equity ratio of 2.26x, a Price-to-Sales (P/S) ratio of 0.93x (TTM), a Price-to-Book (P/B) ratio of 1.73 (TTM), at a market cap of $1.29B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -2.19%
- Gross Profit Margin TTM
- 63.21%
- Debt To Equity
- 2.26x
- P/S TTM
- 0.93x
- P/B TTM
- 1.73
- Market Cap
- $1.29B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is SUBURBAN PROPANE PARTNERS LP in?
SUBURBAN PROPANE PARTNERS LP (SPH) operates in the Retail-Miscellaneous Retail industry.
What is SPH's market cap?
SUBURBAN PROPANE PARTNERS LP (SPH) has a market capitalization of $1.29B as of 2026-03-31.
What is SPH's P/E ratio?
SUBURBAN PROPANE PARTNERS LP (SPH)'s trailing twelve month P/E ratio is 9.67x as of 2026-03-31.
What exchange does SPH trade on?
SUBURBAN PROPANE PARTNERS LP (SPH) trades on the NYSE.
Where is SUBURBAN PROPANE PARTNERS LP incorporated?
SUBURBAN PROPANE PARTNERS LP is incorporated in DE.