Sunday 11 October 2026 Export all SPH data to Excel Powerpack

Suburban Propane Partners, L.P.

Suburban Propane Partners, L.P.’s revenue for fiscal 2025 (year ended September 2025) was $1.4 billion, up 7.94% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS fell 13.0%, free cash flow fell 38.7% and total debt was flat, each against the same quarter a year earlier. Dividend growth for five consecutive years.

17.09 0.05 −0.29%

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Market cap: $1.1B
P/E: 8.7×
Fwd P/E: 9.8×
Dividend yield: 7.61%
F-score: 7/9
Altman Z: n/a
Beneish M: −2.61
Dividend safety: 68/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.25

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	1	—	—	—	—	—	—	—	1	1	—

Insider Ownership 3.45%

Capital & Financial Ratios $m

Market Cap 1,140.00

Revenue 1,394.35

Net Income 130.66

Free Cash Flow 104.67

Net Debt 1,218.88

Current Ratio 0.78

Debt/Equity 1.72

P/E ratio 8.68

Fwd P/E 9.77

P/S ratio 0.82

P/B ratio 1.60

Past 5Y EPS Growth 10.80%

This Y EPS Growth (2.39%)

Next Y EPS Growth 3.77%

Next Y revenue growth (2.27%)

Next 5Y EPS Growth 1.15%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 15.20%

10-year low 10-year high

P/S against its own 10 years 31.57%

10-year low 10-year high

P/B against its own 10 years 3.43%

10-year low 10-year high

EV/Sales against its own 10 years 24.96%

10-year low 10-year high

EV/FCF against its own 10 years 83.01%

10-year low 10-year high

Dividends

Payout Ratio 0.66

Annual Dividend Rate 1.30

Annual Dividend Yield 7.61%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.30	0.33 0.33 0.33
2025	1.30	0.33 0.33 0.33 0.33
2024	1.30	0.33 0.33 0.33 0.33
2023	1.30	0.33 0.33 0.33 0.33
2022	1.30	0.33 0.33 0.33 0.33
2021	1.25	0.30 0.30 0.33 0.33
2020	1.80	0.60 0.60 0.30 0.30
2019	2.40	0.60 0.60 0.60 0.60
2018	2.40	0.60 0.60 0.60 0.60
2017	3.26	0.89 0.89 0.89 0.60
2016	3.55	0.89 0.89 0.89 0.89

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	4	3	0	5
Receivables	68	66	69	85
Inventory	62	55	74	66
Other	31	32	23	38
	164	158	166	194

	2023	2024	2025	Q'26
Payables	40	41	45	37
ST’ Debt	—	—	—	—
Other	161	161	150	132
	308	306	303	248

Compound Annual Growth %

	10y	5y	3y
Sales	0.11%	5.27%	(1.55%)
Cash Flow	(5.39%)	(2.31%)	(5.48%)
Earnings	2.37%	11.89%	(8.63%)
Book Value	(3.98%)	10.56%	6.36%

Revenue $m

	Dec	Mar	Jun	Sep	Year
’26	370	551	261	—	—
’25	373	588	260	211	1,433
’24	366	498	255	209	1,327
’23	397	527	279	227	1,429
’22	375	588	300	238	1,501
’21	305	537	238	208	1,289
’20	334	401	207	166	1,108

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	(48)	116	71	—	—
’25	9	40	96	42	186
’24	(13)	75	61	37	161
’23	6	99	62	58	225
’22	(13)	109	76	49	221
’21	4	98	79	46	227
’20	16	76	78	40	209

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	(67)	93	50	—	—
’25	(15)	22	82	29	117
’24	(23)	61	48	18	104
’23	(4)	87	54	48	185
’22	(23)	98	67	39	181
’21	(1)	90	72	40	201
’20	3	69	73	36	182

Fiscal quarters ending in the months shown.

EPS $

	Dec	Mar	Jun	Sep	Year
’26	0.69	2.06	(0.26)	—	—
’25	0.30	2.10	(0.23)	(0.53)	1.62
’24	0.38	1.72	(0.27)	(0.69)	1.14
’23	0.71	1.62	(0.08)	(0.33)	1.92
’22	0.34	2.74	(0.04)	(0.86)	2.18
’21	0.61	2.02	(0.41)	(0.26)	1.94
’20	0.64	1.23	(0.25)	(0.66)	0.97

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	20.93	22.71	18.63	19.05	8.64	13.83	14.25	14.42	15.20	17.19	Analyst estimates 2026–2028 Powerpack
	High	37.10	32.17	26.73	24.89	22.87	16.45	17.75	22.33	21.55	22.24
People
People	Employees	3,417	3,221	3,277	3,369	3,169	3,131	3,174	3,240	3,098	3,190
	Revenue/emp, $m	0.31	0.37	0.41	0.38	0.35	0.41	0.47	0.44	0.43	0.45
Income, $m
Income, $m	Revenue	1,046	1,188	1,344	1,268	1,108	1,289	1,501	1,429	1,327	1,433
	Gross margin, %	65.40	59.87	55.92	58.82	65.43	62.33	52.57	58.71	60.65	60.65
	EBT	15	38	76	69	61	124	140	124	75	108
	EBT margin, %	1.44	3.24	5.65	5.48	5.47	9.61	9.33	8.71	5.64	7.53
	Net income	14	38	77	69	61	123	140	124	74	107
	Depreciation	130	128	125	121	117	105	59	63	67	72
Per share, $
Per share, $	Revenue	17.16	19.40	21.84	20.45	17.78	20.55	23.75	22.39	20.64	22.00
	Earnings	0.24	0.62	1.24	1.11	0.98	1.96	2.21	1.94	1.15	1.64
	Cash flow	2.58	2.68	3.42	3.66	3.36	3.61	3.49	3.53	2.50	2.86
	Capex	(0.53)	(0.38)	(0.44)	(0.47)	(0.44)	(0.40)	(0.62)	(0.63)	(0.88)	(1.06)
	Free cash flow	2.05	2.30	2.98	3.19	2.92	3.21	2.87	2.89	1.62	1.80
	Book value	11.62	9.03	8.02	6.84	5.82	6.78	7.87	8.56	8.51	9.19
	Shares, m	61	61	62	62	62	63	63	64	64	65
Valuation, ×
Valuation, ×	P/E	144.78	41.19	18.73	21.10	16.61	7.79	6.81	8.24	15.60	11.30
	P/S	1.94	1.34	1.07	1.16	0.92	0.75	0.63	0.71	0.87	0.85
	P/B	2.87	2.87	2.92	3.46	2.80	2.26	1.91	1.86	2.11	2.03
	EV/Sales	3.08	2.41	2.00	2.12	2.00	1.61	1.35	1.54	1.78	1.69
	EV/FCF	25.74	20.29	14.67	13.61	12.22	10.31	11.16	11.91	22.68	20.65
Cash, $m
Cash, $m	Operating cash flow	157	164	210	227	209	227	221	225	161	186
	Capex	(32)	(23)	(27)	(29)	(28)	(25)	(39)	(41)	(56)	(69)
	Free cash flow	125	141	183	198	182	201	181	185	104	117
Balance, $m
Balance, $m	Working capital	(58)	(71)	(61)	(93)	(129)	(107)	(132)	(144)	(149)	(137)
	Total debt	1,225	1,272	1,255	1,227	1,210	1,118	1,077	1,188	1,210	1,212
	Net debt	1,187	1,269	1,250	1,225	1,207	1,112	1,073	1,185	1,207	1,211
	Shareholders’ equity	708	553	494	424	362	425	498	546	547	599
Returns, %
Returns, %	ROA	0.61	1.71	3.58	3.35	3.00	5.99	6.72	5.66	3.27	4.66
	ROIC	2.98	4.41	5.66	5.72	5.59	8.67	8.21	7.47	6.10	7.12
	ROE	1.80	6.03	14.62	14.96	15.46	31.17	30.27	23.71	13.57	18.60

Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
NJR NewJersey Resources Corporation	$5.2B	14.1×	15.9×	+16.80% (above 0%: growing)	n/m	−3.14% (below 0%: shrinking)	57.69%	9.13%	Compare
SR Spire Inc.	$4.6B	8.7×	20.4×	+19.21% (above 0%: growing)	+1,131.03% (above 0%: growing)	+0.22% (above 0%: growing)	75.92%	5.57%	Compare
OGS ONE Gas, Inc.	$4.6B	15.6×	16.5×	−2.86% (below 0%: shrinking)	+39.62% (above 0%: growing)	+511.45% (above 0%: growing)	78.07%	20.08%	Compare
MDU MDU Resources Group, Inc.	$4.0B	19.7×	21.8×	+6.87% (above 0%: growing)	+42.86% (above 0%: growing)	−58.85% (below 0%: shrinking)	64.77%	12.78%	Compare
CPK Chesapeake Utilities Corporation	$3.1B	20.3×	19.2×	+4.72% (above 0%: growing)	+2.91% (above 0%: growing)	+38.63% (above 0%: growing)	74.39%	26.20%	Compare
CTRI Centuri Holdings, Inc.	$2.1B	67.4×	67.3×	+32.86% (above 0%: growing)	−33.33% (below 0%: shrinking)	+85.38% (above 0%: growing)	7.19%	2.51%	Compare
NWN Northwest Natural Gas Company	$2.0B	15.9×	16.5×	+3.12% (above 0%: growing)	n/m	+36.83% (above 0%: growing)	74.64%	13.61%	Compare
SPH Suburban Propane Partners, L.P.	$1.1B	8.7×	9.8×	+0.47% (above 0%: growing)	n/m	−38.67% (below 0%: shrinking)	61.34%	0.85%
OPAL OPAL Fuels Inc.	$293.5M	— (loss-making)	5.8×	+3.66% (above 0%: growing)	n/m	+43.29% (above 0%: growing)	29.34%	(3.61%)	Compare
Median of peers	$3.5B	15.9×	17.9×	+5.80%	+39.62%	+37.73%	69.58%	10.96%

All 15 Utilities Regulated Gas stocks →

Suburban Propane Partners, L.P. (SPH) key facts

Strength: Suburban Propane Partners, L.P.’s revenue for fiscal 2025 (year ended September 2025) was $1.4 billion, up 7.94% from fiscal 2024.
Strength: Net income was $106.6 million, or $1.64 per share (basic), a net margin of 7.44%.
Suburban Propane Partners, L.P. (SPH) is an Utilities Regulated Gas company in the Utilities sector, listed on the New York Stock Exchange.
As of October 9, 2026, SPH traded at $17.09, a market capitalization of $1.1 billion.
At that price the stock trades at 8.7× trailing-twelve-month earnings and 0.8× sales; its P/E is higher than 15% of its own readings over the past ten years.
Suburban Propane Partners, L.P. pays an annual dividend of $1.30 per share, a yield of 7.61%, with a payout ratio of 66.3%.
Return on equity was 18.6% and debt-to-equity 1.72.
Its Piotroski F-score is 7 out of 9 for fiscal 2025.