Suburban Propane Partners LP (SPH) Financial Statements
Industry: Miscellaneous Retail (Retail)
In fiscal 2025, Suburban Propane Partners reported revenue of $1.43B, up 7.9% from $1.33B the year before. Net income was $106.6M (a 7.4% net margin), or $1.62 per diluted share. Gross margin was 60.6% and operating margin was 14.4%. Operating activities generated $186.3M of cash, leaving $114.3M of free cash flow. At fiscal year end, Suburban Propane Partners held $2.30B in total assets against $1.70B in total liabilities, including $405,000 of cash and equivalents.
Open the full interactive Suburban Propane Partners financials → Quarterly statements, key ratios, valuation history and price charts.
Suburban Propane Partners Key Stats
| Share Price | $17.27 |
|---|---|
| Market Cap | $1.15B |
| P/E Ratio | 10.7 |
| Revenue YoY Growth | +7.9% |
| 52-Week Range | $16.26 – $20.09 |
| Shares Outstanding | 66.7 million (basic, 2026 Q3) |
Suburban Propane Partners Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.11B | $1.29B | $1.50B | $1.43B | $1.33B | $1.43B |
| Cost of Goods Sold | $383.0M | $485.5M | $712.1M | $590.1M | $522.2M | $563.7M |
| Gross Profit | $724.9M | $803.3M | $789.3M | $839.1M | $805.0M | $868.8M |
| Operating Income | $140.3M | $213.2M | $206.3M | $206.8M | $171.2M | $206.3M |
| Pre-Tax Income | $60.6M | $123.9M | $140.1M | $124.4M | $74.9M | $107.9M |
| Income Tax | -$146,000 | $1.1M | $429,000 | $668,000 | $734,000 | $1.3M |
| Net Income | $60.8M | $122.8M | $139.7M | $123.8M | $74.2M | $106.6M |
| Diluted EPS | $0.97 | $1.94 | $2.18 | $1.92 | $1.14 | $1.62 |
Suburban Propane Partners Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $211.4M | $370.4M | $551.2M | $261.4M |
| Net Income | -$35.1M | $45.8M | $137.5M | -$17.5M |
| Diluted EPS | -$0.54 | $0.69 | $2.06 | -$0.26 |
Suburban Propane Partners Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $3.1M | $5.8M | $4.1M | $3.5M | $3.2M | $405,000 |
| Current Assets | $116.0M | $180.1M | $174.9M | $164.0M | $157.5M | $166.3M |
| Total Assets | $2.05B | $2.05B | $2.10B | $2.27B | $2.27B | $2.30B |
| Current Liabilities | $244.5M | $287.1M | $306.6M | $307.8M | $306.1M | $302.8M |
| Total Long-Term Debt | $1.21B | $1.12B | $1.08B | $1.19B | $1.21B | $1.21B |
| Total Liabilities | $1.68B | $1.63B | $1.61B | $1.72B | $1.73B | $1.70B |
| Shareholders' Equity | $362.4M | $425.4M | $497.5M | $546.4M | $547.1M | $598.6M |
Suburban Propane Partners Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $209.4M | $226.6M | $220.5M | $225.2M | $160.6M | $186.3M |
| Cash From Investing | -$53.2M | -$34.1M | -$94.4M | -$170.6M | -$81.6M | -$128.3M |
| Cash From Financing | -$155.4M | -$189.8M | -$127.8M | -$44.6M | -$72.5M | -$66.7M |
| Free Cash Flow | $176.9M | $196.7M | $176.2M | $180.3M | $101.2M | $114.3M |
Figures from Suburban Propane Partners' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Suburban Propane Partners financials page for every line item.
Suburban Propane Partners Company Profile
| Ticker | SPH |
|---|---|
| Exchange | NYSE |
| Industry | Miscellaneous Retail (Retail) |
| Headquarters | Wippany, New Jersey |
| Incorporated in | Delaware |
| Fiscal Year End | September 26 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001005210 |
Frequently Asked Questions
What was Suburban Propane Partners' revenue in fiscal 2025?
Suburban Propane Partners (SPH) reported revenue of $1.43B for fiscal 2025.
What is Suburban Propane Partners' annual revenue history?
Suburban Propane Partners' annual revenue by fiscal year: 2020: $1.11B; 2021: $1.29B; 2022: $1.50B; 2023: $1.43B; 2024: $1.33B; 2025: $1.43B.
What was Suburban Propane Partners' net income in fiscal 2025?
Suburban Propane Partners reported net income of $106.6M for fiscal 2025.
What was Suburban Propane Partners' earnings per share (EPS) in fiscal 2025?
Suburban Propane Partners' diluted EPS was $1.62 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Suburban Propane Partners generate in fiscal 2025?
Suburban Propane Partners generated $114.3M of free cash flow in fiscal 2025.
What was Suburban Propane Partners' revenue last quarter?
In its most recent reported quarter (2026 Q3), Suburban Propane Partners reported revenue of $261.4M.
How much debt does Suburban Propane Partners have?
Suburban Propane Partners reported $1.21B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Suburban Propane Partners are outstanding?
Suburban Propane Partners reported a weighted average of 66.7 million basic shares outstanding in 2026 Q3.
What is Suburban Propane Partners' market cap?
Based on its latest closing price, Suburban Propane Partners (SPH) has a market capitalization of about $1.15B.
When does Suburban Propane Partners' fiscal year end?
Suburban Propane Partners' fiscal year end, as registered with the SEC, is September 26.
Where is Suburban Propane Partners headquartered?
Suburban Propane Partners lists its business address in Wippany, New Jersey in its SEC filings.