SPH
Suburban Propane Partners LP
NYSE: SPH · UTILITIES · UTILITIES - REGULATED GAS
$20.10
+2.55% today
Updated 2026-04-30
Market cap
$1.30B
P/E ratio
9.75
P/S ratio
0.91x
EPS (TTM)
$2.01
Dividend yield
6.62%
52W range
$17 – $21
Volume
0.1M
Suburban Propane Partners LP (SPH) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.66B | $1.44B | $1.57B | $1.14B | $1.14B | $1.19B | $1.06B | $1.70B | $1.94B | $1.42B | $1.05B | $1.19B | $1.34B | $1.27B | $1.11B | $1.29B | $1.50B | $1.43B | $1.33B | $1.43B |
| Revenue growth (YoY) | — | -13.4% | +9.4% | -27.4% | -0.6% | +4.7% | -10.7% | +60.2% | +13.8% | -26.9% | -26.2% | +13.6% | +13.2% | -5.7% | -12.6% | +16.3% | +16.5% | -4.8% | -7.1% | +7.9% |
| Cost of revenue | $1.43B | $1.19B | $1.35B | $540.38M | $888.02M | $958.05M | $897.83M | $861.90M | $1.08B | $593.38M | $361.95M | $476.66M | $592.63M | $521.99M | $382.95M | $485.48M | $712.12M | $1.07B | $522.20M | $1.13B |
| Gross profit | $234.97M | $251.29M | $226.66M | $602.77M | $248.68M | $232.50M | $165.63M | $841.70M | $857.51M | $823.60M | $684.16M | $711.23M | $751.78M | $745.72M | $724.95M | $803.28M | $789.34M | $361.00M | $804.98M | $302.69M |
| Gross margin | 14.1% | 17.5% | 14.4% | 52.7% | 21.9% | 19.5% | 15.6% | 49.4% | 44.2% | 58.1% | 65.4% | 59.9% | 55.9% | 58.8% | 65.4% | 62.3% | 52.6% | 25.3% | 60.7% | 21.1% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $63.56M | $56.42M | $48.13M | $57.04M | $61.70M | $51.65M | $54.52M | $64.84M | $64.59M | $68.30M | $61.15M | $57.34M | $66.25M | $71.03M | $65.93M | $74.10M | $81.76M | $91.57M | $89.89M | $96.38M |
| Operating income | $132.18M | $164.60M | $150.13M | $210.62M | $153.37M | $143.23M | $42.90M | $176.98M | $190.13M | $177.76M | $90.41M | $115.28M | $153.31M | $150.85M | $140.27M | $213.24M | $206.33M | $206.85M | $171.25M | $206.31M |
| Operating margin | 8.0% | 11.4% | 9.5% | 18.4% | 13.5% | 12.0% | 4.0% | 10.4% | 9.8% | 12.5% | 8.6% | 9.7% | 11.4% | 11.9% | 12.7% | 16.5% | 13.7% | 14.5% | 12.9% | 14.4% |
| EBITDA | $161.92M | $197.25M | $181.31M | $237.14M | $174.79M | $178.86M | $83.77M | $305.22M | $338.82M | $295.98M | $219.73M | $241.66M | $283.36M | $271.73M | $257.06M | $317.79M | $265.18M | $260.39M | $216.47M | $256.23M |
| EBITDA margin | 9.7% | 13.7% | 11.5% | 20.7% | 15.4% | 15.0% | 7.9% | 17.9% | 17.5% | 20.9% | 21.0% | 20.3% | 21.1% | 21.4% | 23.2% | 24.7% | 17.7% | 18.2% | 16.3% | 17.9% |
| EBIT | $127.21M | $167.13M | $152.91M | $206.79M | $143.96M | $143.23M | $37.98M | $174.83M | $202.43M | $162.69M | $90.11M | $113.72M | $158.13M | $150.85M | $140.27M | $213.24M | $206.33M | $197.81M | $149.50M | $184.18M |
| Interest expense | $132.18M | $164.60M | $39.84M | $39.07M | $27.46M | $27.39M | $38.64M | $95.43M | $83.26M | $77.63M | $75.09M | $75.26M | $77.38M | $76.66M | $74.73M | $68.13M | $60.66M | $73.39M | $74.59M | $76.27M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $90.74M | $127.29M | $154.88M | $165.24M | $115.32M | $114.97M | $1.88M | $78.80M | $94.51M | $84.35M | $14.44M | $37.99M | $76.53M | $68.63M | $60.76M | $122.79M | $139.71M | $123.75M | $74.17M | $106.57M |
| Net income growth (YoY) | — | +40.3% | +21.7% | +6.7% | -30.2% | -0.3% | -98.4% | +4086.9% | +19.9% | -10.7% | -82.9% | +163.1% | +101.4% | -10.3% | -11.5% | +102.1% | +13.8% | -11.4% | -40.1% | +43.7% |
| Profit margin | 5.5% | 8.8% | 9.8% | 14.5% | 10.1% | 9.7% | 0.2% | 4.6% | 4.9% | 6.0% | 1.4% | 3.2% | 5.7% | 5.4% | 5.5% | 9.5% | 9.3% | 8.7% | 5.6% | 7.4% |