Suburban Propane Partners LP

Suburban Propane Partners LP

SPH · NYSE · Utilities / Utilities - Regulated Gas

17.41USD+0.14 (+0.81%)

Price History

Full chart

Market Stats

Previous Close17.27
Open17.27
Day Range17.25 – 17.53
52-Week Range16.24 – 20.18
Volume249.40K
Market Cap1.11B
P/E (TTM)8.61
Forward P/E16.61
EPS1.93
Dividend Yield7.82%
Beta0.37
50-Day Avg17.68
200-Day Avg18.93

About

Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, renewable propane, renewable natural gas, fuel oil, and refined fuels in the United States. It operates through 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 for space heating, water heating, cooking, and clothes drying 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 for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. It also engages in the wholesale distribution of propane to industrial end users. Its 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 in 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. Its All Other segment sells, installs, and services a range of home comfort equipment, including whole-house heating products, air cleaners, humidifiers, and space heaters. The company serves residential, commercial, industrial, and agricultural customers. Suburban Propane Partners, L.P. was founded in 1945 and is based in Whippany, New Jersey.

Company Details

  • SectorUtilities
  • IndustryUtilities - Regulated Gas
  • CEOMr. Michael A. Stivala
  • Employees3.19K
  • Headquarters240 Route 10 West, Whippany, NJ, United States, 07981-0206, USA
  • Websitehttps://www.suburbanpropane.com

Leadership

  • Mr. Michael A. StivalaPresident, CEO & Supervisor · b. 1969
  • Mr. Michael A. Kuglin CPAChief Financial Officer · b. 1970
  • Mr. Bryon Lee Koepke J.D.VP, General Counsel & Secretary · b. 1973
  • Mr. Douglas T. BrinkworthSenior Vice President of Product Supply, Purchasing & Logistics · b. 1961
  • Mr. Neil E. ScanlonSenior Vice President of Information Services · b. 1965
  • Mr. Alejandro CentenoSenior Vice President of Operations · b. 1973
  • Mr. Daniel S. Bloomstein CPAChief Accounting Officer, VP & Controller · b. 1973
  • Ms. Nandini SankaraVice President of Marketing & Brand Strategy · b. 1980
  • Ms. Francesca CleffiVice President of Human Resources · b. 1970
  • Mr. M. Douglas DaganSenior Vice President of Renewable Energy

Financials

Income Statement

Currency: USD1991-09-301992-09-301993-09-301994-09-301995-09-301996-09-301997-09-301998-09-301999-09-302000-09-302001-09-302002-09-302003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue667.20M637.50M481.00M677.80M633.60M707.90M771.10M667.30M544.30M836.83M839.61M570.28M771.68M1.31B1.62B1.66B1.44B1.57B1.14B1.14B1.19B1.06B1.70B1.94B1.42B1.05B1.19B1.34B1.27B1.11B1.29B1.50B1.43B1.33B1.43B
Growth (%)--4.45%-24.55%+40.91%-6.52%+11.73%+8.93%-13.46%-18.43%+53.74%+0.33%-32.08%+35.32%+69.40%+23.94%+2.56%-13.36%+9.35%-27.38%-0.57%+4.74%-10.68%+60.19%+13.77%-26.89%-26.17%+13.55%+13.18%-5.71%-12.61%+16.32%+16.51%-4.81%-7.14%+7.94%
Cost of Revenue332.80M313.50M245.00M330.50M318.90M581.10M646.60M529.30M483.30M700.20M761.07M523.20M376.78M779.03M1.46B1.43B1.19B1.35B540.38M888.02M958.05M897.83M861.90M1.08B593.38M361.95M476.66M592.63M521.99M382.95M485.48M712.12M1.07B522.20M1.13B
Gross Profit334.40M324.00M236.00M347.30M314.70M126.80M124.50M138.00M61.00M136.63M78.54M47.09M394.90M528.23M156.75M234.97M251.29M226.66M602.77M248.68M232.50M165.63M841.70M857.51M823.60M684.16M711.23M751.78M745.72M724.95M803.28M789.34M361.00M804.98M302.69M
Gross Margin50.12%50.82%49.06%51.24%49.67%17.91%16.15%20.68%11.21%16.33%9.35%8.26%51.17%40.41%9.67%14.14%17.46%14.40%52.73%21.88%19.53%15.57%49.41%44.24%58.12%65.40%59.87%55.92%58.82%65.43%62.33%52.57%25.26%60.65%21.13%
Operating Expense276.60M294.00M206.30M271.80M259.20M68.50M69.90M69.10M64.30M57.07M71.01M60.46M314.88M458.45M87.73M102.79M86.70M76.53M392.15M95.31M89.28M122.73M664.73M667.38M645.84M593.75M595.94M598.47M594.86M584.68M590.04M583.01M154.16M633.73M96.38M
Operating Income57.80M30.00M29.70M75.50M55.50M58.30M54.60M68.90M-3.30M79.56M7.53M-13.38M80.02M69.78M69.02M132.18M164.60M150.13M210.62M153.37M143.23M42.90M176.98M190.13M177.76M90.41M115.28M153.31M150.85M140.27M213.24M206.33M206.85M171.25M206.31M
Operating Margin8.66%4.71%6.17%11.14%8.76%8.24%7.08%10.33%-0.61%9.51%0.90%-2.35%10.37%5.34%4.26%7.96%11.43%9.54%18.42%13.49%12.03%4.03%10.39%9.81%12.54%8.64%9.70%11.40%11.90%12.66%16.55%13.74%14.47%12.90%14.40%
EBITDA57.90M-57.60M57.10M109.80M89.50M94.20M21.70M31.60M31.57M25.11M46.03M17.30M109.69M115.00M107.80M161.92M197.25M181.31M237.14M174.79M178.86M83.77M305.22M338.82M295.98M219.73M241.66M283.36M271.73M257.06M296.59M259.64M260.39M216.47M256.23M
EBITDA Margin8.68%-9.04%11.87%16.20%14.13%13.31%2.81%4.74%5.80%3.00%5.48%3.03%14.21%8.80%6.65%9.74%13.70%11.52%20.74%15.38%15.02%7.88%17.92%17.48%20.89%21.00%20.34%21.08%21.43%23.20%23.01%17.29%18.22%16.31%17.89%
Net Income33.60M-70.30M16.90M41.80M30.20M12.90M13.60M38.20M22.40M38.53M53.51M53.52M48.67M54.30M-8.08M90.74M127.29M154.88M165.24M115.32M114.97M1.88M78.80M94.51M84.35M14.44M37.99M76.53M68.63M60.76M122.79M139.71M123.75M74.17M106.57M
Net Income Margin5.04%-11.03%3.51%6.17%4.77%1.82%1.76%5.72%4.12%4.60%6.37%9.39%6.31%4.15%-0.50%5.46%8.84%9.84%14.45%10.14%9.66%0.18%4.63%4.88%5.95%1.38%3.20%5.69%5.41%5.48%9.53%9.30%8.66%5.59%7.44%
R&D-------------------000000000-------
R&D as % of Total Revenue-------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense000000000000069.78M68.37M132.18M164.60M39.84M39.07M27.46M27.39M38.64M95.43M83.26M77.63M75.09M75.26M77.38M76.66M74.73M68.13M60.66M73.39M74.59M76.27M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%5.34%4.22%7.96%11.43%2.53%3.42%2.42%2.30%3.63%5.60%4.30%5.48%7.18%6.34%5.76%6.05%6.74%5.29%4.04%5.14%5.62%5.32%

Balance Sheet

Currency: USD1991-09-301992-09-301993-09-301994-09-301995-09-301996-09-301997-09-301998-09-301999-09-302000-09-302001-09-302002-09-302003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets---755.10M736.50M807.40M776.40M729.60M659.20M771.12M723.01M700.15M665.63M992.01M965.60M953.89M975.22M1.04B977.51M970.26M956.46M2.88B2.73B2.61B2.49B2.30B2.17B2.10B2.00B2.05B2.05B2.10B2.27B2.27B2.30B
Total Liabilities---195.50M178.20M642.70M635.20M581.80M590.80M709.29M664.06M680.86M581.55M823.89M889.48M853.18M808.94M815.64M617.80M605.42M598.24M1.79B1.60B1.59B1.59B1.59B1.62B1.61B1.57B1.68B1.63B1.61B1.72B1.73B1.70B
Total Equity---559.60M558.20M164.70M141.20M147.80M68.40M61.83M58.95M19.29M84.08M168.12M77.89M100.70M166.28M220.08M359.72M364.84M358.22M1.09B1.13B1.02B898.32M708.23M552.98M493.82M423.83M362.38M425.42M497.53M546.36M547.06M598.57M
Cash---300.00K100.00K18.90M19.30M59.80M8.40M11.64M36.49M40.95M15.77M53.48M14.41M60.57M96.59M137.70M163.17M156.91M149.55M134.32M107.23M92.64M152.34M37.34M2.79M5.16M2.44M3.14M5.81M4.10M3.51M3.22M3.71M
Total Debt-----428.20M428.00M427.90M430.40M523.72M472.77M472.77M383.83M515.91M575.29M548.30M548.54M531.77M349.42M347.95M381.07M1.45B1.25B1.24B1.30B1.29B1.33B1.32B1.29B1.33B1.25B1.21B1.33B1.35B1.33B
Net Debt----300.00K-100.00K409.30M408.70M368.10M422.00M512.07M436.28M431.81M368.06M462.43M560.88M487.73M451.95M394.07M186.24M191.04M198.62M1.29B1.14B1.15B1.09B1.20B1.27B1.25B1.22B1.33B1.24B1.21B1.33B1.35B1.33B

Cash Flow

Currency: USD1993-09-301994-09-301995-09-301996-09-301997-09-301998-09-301999-09-302000-09-302001-09-302002-09-302003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow52.40M77.10M53.70M59.20M58.80M70.10M81.80M59.47M101.84M68.78M57.30M93.06M39.01M170.32M145.96M120.52M246.55M155.80M132.79M110.97M214.31M225.55M324.21M157.11M160.36M210.41M226.78M209.35M226.55M220.55M225.24M160.59M186.26M
Investing Cash Flow-14.40M-16.10M-22.30M-52.40M-20.70M2.90M-12.20M-99.07M-17.91M-6.85M-4.86M--24.63M-19.09M-19.69M36.63M-16.85M-30.11M-19.50M-239.76M-14.66M-16.53M-35.97M-53.91M-22.99M-39.09M-48.52M-53.24M-34.08M-94.44M-170.64M-81.64M-128.25M
Financing Cash Flow-48.40M-68.10M-31.60M12.00M-37.70M-32.50M-120.90M42.85M-59.08M-57.46M-77.63M141.21M-53.44M-105.07M-90.25M-116.03M-204.22M-131.95M-120.64M113.55M-226.73M-223.61M-228.54M-218.20M-171.93M-168.95M-180.99M-155.41M-189.81M-127.82M-44.63M-72.50M-66.74M
Capital Expenditure23.10M17.80M21.40M25.90M24.90M16.70M15.80M21.25M23.22M17.46M14.05M26.53M29.30M23.06M26.76M21.82M21.84M19.13M22.28M17.48M27.82M30.05M41.21M38.38M28.17M32.90M34.98M32.50M29.86M44.35M44.95M59.43M71.96M
Free Cash Flow29.30M59.30M32.30M33.30M33.90M53.40M66.00M38.22M78.62M51.31M43.25M66.54M9.70M147.26M119.20M98.70M224.71M136.67M110.50M93.50M186.48M195.50M283.00M118.73M132.19M175.64M191.80M176.86M196.70M176.19M180.29M101.16M114.30M
Dividends Paid---851.60M47.40M44.20M44.60M47.43M54.50M57.05M60.05M72.50M76.55M77.84M90.25M101.00M106.74M118.26M120.64M121.09M201.26M211.02M213.12M215.52M216.58M147.19M147.88M130.21M76.48M81.72M82.38M83.09M84.17M
FCF to OCF55.92%76.91%60.15%56.25%57.65%76.18%80.68%64.27%77.20%74.61%75.48%71.50%24.88%86.46%81.67%81.90%91.14%87.72%83.22%84.25%87.02%86.68%87.29%75.57%82.43%83.47%84.58%84.48%86.82%79.89%80.04%62.99%61.37%
Dividend Paid to FCF---2557.36%139.82%82.77%67.58%124.11%69.32%111.19%138.85%108.96%788.87%52.86%75.71%102.33%47.50%86.53%109.17%129.52%107.92%107.94%75.31%181.52%163.83%83.80%77.10%73.62%38.88%46.38%45.69%82.14%73.65%

Earnings

Report DateMay 3, 1996Aug 1, 1996Oct 29, 1996Jan 21, 1997Apr 22, 1997Jul 22, 1997Oct 22, 1997Apr 24, 1998Jul 21, 1998Oct 23, 1998Jan 21, 1999Apr 22, 1999Jul 20, 1999Oct 21, 1999Jan 21, 2000Apr 20, 2000Jul 20, 2000Oct 24, 2000Jan 26, 2001Apr 26, 2001Jul 26, 2001Oct 25, 2001Jan 24, 2002Apr 25, 2002Jul 25, 2002Oct 24, 2002Jan 23, 2003Apr 24, 2003Jul 24, 2003Oct 23, 2003Jan 22, 2004Apr 22, 2004Jul 22, 2004Oct 21, 2004Jan 20, 2005May 5, 2005Aug 4, 2005Nov 17, 2005Feb 2, 2006May 4, 2006Aug 3, 2006Nov 16, 2006Feb 8, 2007May 10, 2007Aug 9, 2007Nov 15, 2007Feb 7, 2008May 8, 2008Aug 7, 2008Nov 14, 2008Feb 5, 2009May 7, 2009Aug 6, 2009Nov 12, 2009Feb 4, 2010May 6, 2010Aug 5, 2010Nov 11, 2010Feb 3, 2011May 5, 2011Aug 4, 2011Nov 10, 2011Feb 2, 2012May 3, 2012Aug 2, 2012Nov 28, 2012Feb 7, 2013May 9, 2013Aug 8, 2013Nov 14, 2013Feb 6, 2014May 8, 2014Aug 7, 2014Nov 13, 2014Feb 5, 2015May 7, 2015Aug 6, 2015Nov 12, 2015Feb 4, 2016May 5, 2016Aug 4, 2016Nov 10, 2016Feb 2, 2017May 4, 2017Aug 3, 2017Nov 16, 2017Feb 8, 2018May 10, 2018Aug 9, 2018Nov 15, 2018Feb 7, 2019May 9, 2019Aug 8, 2019Nov 14, 2019Feb 6, 2020May 7, 2020Aug 6, 2020Nov 12, 2020Feb 4, 2021May 6, 2021Aug 5, 2021Nov 10, 2021Feb 3, 2022May 5, 2022Aug 4, 2022Nov 10, 2022Feb 2, 2023May 4, 2023Aug 3, 2023Nov 9, 2023Feb 8, 2024May 9, 2024Aug 8, 2024Nov 14, 2024Feb 6, 2025May 8, 2025Aug 7, 2025Nov 13, 2025Feb 5, 2026May 7, 2026Aug 6, 2026Nov 12, 2026
EPS Estimate1.18-0.39-0.520.591.12-0.450.521.11-0.36-0.460.551.47-0.28-0.650.701.71-0.36-0.751.001.89-0.47-0.780.551.86-0.45-0.790.922.30-0.38-0.670.892.43-0.47-0.890.792.23-0.50-0.980.882.47-0.52-0.811.172.79-0.22-0.481.472.93-0.06-0.791.432.95-0.36-0.571.712.78-0.21-0.611.342.95-0.16-0.601.002.23-0.16-0.751.272.54-0.55-0.881.192.24-0.57-0.881.202.56-0.60-0.770.792.35-0.63-0.820.692.02-0.63-0.840.882.16-0.45-0.860.761.79-0.42-0.760.761.60-0.55-0.760.621.74-0.42-0.650.772.04-0.18-0.450.531.78-0.06-0.440.641.81-0.12-0.480.762.21-0.19-0.510.751.98-0.16-0.43
EPS Actual1.24-0.36-0.500.591.03-0.42-0.511.26-0.29-0.460.561.61-0.24-0.700.781.73-0.47-0.791.372.16-0.38-0.880.712.06-0.40-0.720.922.23-0.47-0.750.712.51-0.69-1.280.771.88-0.72-1.101.142.44-0.33-0.661.663.24-0.04-0.901.272.890.02-0.411.993.48-0.04-0.541.423.08-0.19-0.611.252.75-0.18-0.590.681.46-0.09-1.191.112.38-0.63-0.951.012.50-0.72-0.850.792.65-0.66-0.780.271.52-0.54-0.970.561.43-0.48-0.870.711.79-0.33-0.850.701.81-0.47-0.810.601.23-0.25-0.660.532.02-0.41-0.260.342.74-0.04-0.860.711.75-0.02-0.520.631.71-0.12-0.540.582.10-0.23-0.540.702.08-0.26-
Surprise5.08%7.69%3.85%0.00%-8.04%6.67%-198.08%13.51%19.44%0.00%1.82%9.52%14.29%-7.69%11.43%1.17%-30.56%-5.33%37.00%14.29%19.15%-12.82%29.09%10.75%11.11%8.86%0.00%-3.04%-23.68%-11.94%-20.22%3.29%-46.81%-43.82%-2.53%-15.70%-44.00%-12.24%29.55%-1.21%36.54%18.52%41.88%16.13%81.82%-87.50%-13.61%-1.37%133.33%48.10%39.16%17.97%88.89%5.26%-16.96%10.79%9.52%0.00%-6.72%-6.78%-12.50%1.67%-32.00%-34.53%43.75%-58.67%-12.60%-6.30%-14.55%-7.95%-15.13%11.61%-26.32%3.41%-34.17%3.52%-10.00%-1.30%-65.82%-35.32%14.29%-18.29%-18.84%-29.21%23.81%-3.57%-19.32%-17.13%26.67%1.16%-7.89%1.12%-11.90%-6.58%-21.05%-23.13%54.55%13.16%-14.52%16.09%2.38%60.00%-55.84%34.31%77.78%-91.11%33.96%-1.69%66.67%-18.18%-1.56%-5.52%0.00%-12.50%-23.68%-4.98%-21.05%-5.88%-6.67%5.05%-62.50%-
Timing--Pre-marketPre-marketPre-marketPre-marketPre-market--------------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap1.11B
Enterprise Value2.44B
Trailing P/E8.61
Forward P/E16.61
PEG Ratio1.21
Price / Sales0.80
Price / Book1.57
EPS1.93
Book Value10.69
Revenue (TTM)1.39B
Gross Profit (TTM)374.67M
EBITDA279.08M
Profit Margin9.37%
Operating Margin0.78%
Return on Equity19.23%
Return on Assets5.64%
Shares Outstanding66.71M
Shares Float65.02M
Beta0.37
Dividend Yield7.82%
Dividend Rate1.30
Payout Ratio65.66%

Analyst Ratings

Hold
Based on 2 analystsTarget 17.00
  • Strong Buy
    1
  • Strong Sell
    1

Ownership Breakdown

Institutions
43.17%
Insiders
1.61%
Retail / Other
55.22%

Top Institutional Holders

  • ALPS Advisors Inc
    14.72M22.07%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    4.45M6.67%
  • The Goldman Sachs Group Inc
    1.42M2.13%
  • JPMorgan Chase & Co
    1.40M2.10%
  • Bowen, Hanes & CO Inc
    1.02M1.52%
  • Morgan Stanley - Brokerage Accounts
    922.29K1.38%
  • Blackstone Inc
    440.94K0.66%
  • UBS Group AG
    372.99K0.56%
  • Fractal Investments LLC
    214.86K0.32%
  • Commonwealth Equity Services, LLC
    205.07K0.31%
  • Lido Advisors, LLC
    199.59K0.30%
  • Easterly Investment Partners.
    145.72K0.22%
  • LPL Financial Corp
    139.68K0.21%
  • Citadel Advisors Llc
    138.98K0.21%
  • ING Groep NV
    115.10K0.17%
  • Private Advisor Group, LLC
    82.36K0.12%
  • CAMBRIDGE Invest RESEARCH ADVISORS, INC.
    76.20K0.11%

Top Fund Holders

  • Global X MLP ETF
    4.20M6.29%
  • Goldman Sachs MLP Energy Infras Instl
    1.16M1.74%
  • Global X SuperDividend™ US ETF
    763.08K1.14%

Dividends

20264×
0.35Nov 3, 20260.33Aug 4, 20260.33May 5, 20260.33Feb 3, 2026
20254×
0.33Nov 4, 20250.33Aug 5, 20250.33May 6, 20250.33Feb 4, 2025
20244×
0.33Nov 5, 20240.33Aug 6, 20240.33May 6, 20240.33Feb 5, 2024
20234×
0.33Nov 6, 20230.33Jul 31, 20230.33May 1, 20230.33Jan 30, 2023
20224×
0.33Oct 31, 20220.33Aug 1, 20220.33May 2, 20220.33Jan 31, 2022
20214×
0.33Nov 1, 20210.33Aug 2, 20210.30May 3, 20210.30Feb 1, 2021

Stock Splits

  • Jun 15, 199910:1