Company research
SUBURBAN PROPANE PARTNERS LP
CIK 1005210Updated Oct 23, 2026
SecuritySPH · NYSE · equity
SPH price & chart
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NYSE:SPH on TradingView ↗About the company
Suburban Propane Partners, L.P. (“Suburban Propane”) is a publicly traded master limited partnership listed on the New York Stock Exchange. Headquartered in Whippany, New Jersey, Suburban Propane has been in the customer service business since 1928 and is a nationwide distributor of propane, renewable propane, renewable natural gas (“RNG”), fuel oil and related products and services, as well as a marketer of natural gas and electricity and producer of and investor in low carbon fuel alternatives, servicing the energy needs of approximately 1 million residential, commercial, governmental, industrial and agricultural customers through approximately 750 locations across 42 states.
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SEC disclosures
SUBURBAN PROPANE PARTNERS LP files 8-K: Material Event ↗
Recent filings
Regulation FD Disclosure · Other Events
Items 7.01, 8.01, 9.01
Regulation FD Disclosure · Other Events
Items 7.01, 8.01, 9.01
SCHEDULE 13G/A - filed by ALPS ADVISORS INC regarding SUBURBAN PROPANE PARTNERS LP
144 filing
10-Q filing
Show 5 more recent filings
Results of Operations and Financial Condition
Items 2.02, 9.01
Regulation FD Disclosure · Other Events
Items 7.01, 8.01, 9.01
Regulation FD Disclosure · Other Events
Items 7.01, 8.01, 9.01
SCHEDULE 13G/A - filed by ALPS ADVISORS INC regarding SUBURBAN PROPANE PARTNERS LP
10-Q filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2026 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 2,356,088,000Source | 2,314,602,000Source | 2,283,554,000Source | 2,426,635,000Source | 2,399,899,000Source | 2,337,546,000Source | 2,395,780,000Source | 2,384,626,000Source | 2,296,274,000Source | 2,272,761,000Source | 2,270,475,000Source | 2,103,726,000Source |
| Property, Plant and Equipment, NetUSD | 722,390,000Source | 689,478,000Source | 649,307,000Source | 717,455,000Source | 692,115,000Source | 643,585,000Source | 711,228,000Source | 685,857,000Source | 691,275,000Source | 653,985,000Source | 646,054,000Source | 563,784,000Source |
| GoodwillUSD | 1,165,016,000Source | 1,157,827,000Source | 1,151,252,000Source | 1,165,016,000Source | 1,157,827,000Source | 1,148,776,000Source | 1,165,016,000Source | 1,160,887,000Source | 1,157,827,000Source | 1,151,252,000Source | 1,148,776,000Source | 1,113,423,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 5,034,000Source | 1,340,000Source | 4,882,000Source | 4,292,000Source | 3,879,000Source | 4,420,000Source | 1,284,000Source | 4,441,000Source | 405,000Source | 3,219,000Source | 3,514,000Source | 4,100,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 84,735,000Source | 79,933,000Source | 73,798,000Source | 148,116,000Source | 150,500,000Source | 122,989,000Source | 129,295,000Source | 125,109,000Source | 69,479,000Source | 66,444,000Source | 67,687,000Source | 78,529,000Source |
| Inventory, NetUSD | 65,925,000Source | 60,419,000Source | 51,304,000Source | 63,549,000Source | 58,269,000Source | 57,962,000Source | 69,281,000Source | 60,566,000Source | 73,726,000Source | 55,430,000Source | 61,828,000Source | 66,921,000Source |
| Assets, CurrentUSD | 193,979,000Source | 175,204,000Source | 164,719,000Source | 267,477,000Source | 250,093,000Source | 226,118,000Source | 236,028,000Source | 230,004,000Source | 166,274,000Source | 157,544,000Source | 164,002,000Source | 174,860,000Source |
| Operating Lease, Right-of-Use AssetUSD | 104,771,000Source | 123,621,000Source | 145,504,000Source | 106,490,000Source | 130,334,000Source | 148,583,000Source | 113,410,000Source | 138,729,000Source | 118,997,000Source | 140,243,000Source | 142,940,000Source | 136,578,000Source |
| Other Assets, NoncurrentUSD | 85,752,000Source | 80,666,000Source | 95,392,000Source | 82,734,000Source | 78,673,000Source | 95,825,000Source | 79,352,000Source | 77,625,000Source | 77,124,000Source | 95,225,000Source | 88,150,000Source | 75,079,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 1,643,066,000Source | 1,668,492,000Source | 1,676,331,000Source | 1,682,733,000Source | 1,728,090,000Source | 1,694,876,000Source | 1,769,561,000Source | 1,839,488,000Source | 1,697,703,000Source | 1,725,701,000Source | 1,724,119,000Source | 1,606,196,000Source |
| Stockholders’ equity: | ||||||||||||
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -5,811,000Source | -6,047,000Source | -9,610,000Source | -5,702,000Source | -6,380,000Source | -10,329,000Source | -5,593,000Source | -6,263,000Source | -5,483,000Source | -6,147,000Source | -10,667,000Source | -12,596,000Source |
| Liabilities and EquityUSD | 2,356,088,000Source | 2,314,602,000Source | 2,283,554,000Source | 2,426,635,000Source | 2,399,899,000Source | 2,337,546,000Source | 2,395,780,000Source | 2,384,626,000Source | 2,296,274,000Source | 2,272,761,000Source | 2,270,475,000Source | 2,103,726,000Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 247,889,000Source | 250,618,000Source | 252,362,000Source | 247,770,000Source | 235,661,000Source | 257,175,000Source | 272,639,000Source | 329,405,000Source | 302,820,000Source | 306,122,000Source | 307,818,000Source | 306,622,000Source |
| Operating Lease, Liability, CurrentUSD | 29,856,000Source | 35,052,000Source | 35,479,000Source | 30,953,000Source | 35,731,000Source | 35,149,000Source | 32,776,000Source | 36,298,000Source | 34,329,000Source | 35,616,000Source | 33,562,000Source | 32,126,000Source |
| Accounts Payable, CurrentUSD | 37,168,000Source | 26,854,000Source | 26,473,000Source | 44,911,000Source | 39,254,000Source | 52,428,000Source | 47,864,000Source | 86,258,000Source | 45,042,000Source | 41,058,000Source | 40,043,000Source | 35,173,000Source |
| Operating Lease, Liability, NoncurrentUSD | 73,938,000Source | 87,616,000Source | 109,099,000Source | 74,573,000Source | 93,672,000Source | 112,498,000Source | 79,664,000Source | 101,609,000Source | 83,684,000Source | 103,797,000Source | 108,495,000Source | 103,670,000Source |
| Other Liabilities, NoncurrentUSD | 47,497,000Source | 59,723,000Source | 64,125,000Source | 50,559,000Source | 61,084,000Source | 64,379,000Source | 50,108,000Source | 60,040,000Source | 53,229,000Source | 59,896,000Source | 69,964,000Source | 64,630,000Source |
| Additional Financial Items | ||||||||||||
| Long-term Debt, Excluding Current MaturitiesUSD | 1,223,910,000Source | 1,225,343,000Source | 1,202,535,000Source | 1,259,048,000Source | 1,293,529,000Source | 1,212,252,000Source | 1,322,505,000Source | 1,302,824,000Source | 1,211,745,000Source | 1,210,326,000Source | 1,188,210,000Source | 1,077,329,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 1,223,910,000Source | 1,225,343,000Source | 1,202,535,000Source | 1,259,048,000Source | 1,293,529,000Source | 1,212,252,000Source | 1,322,505,000Source | 1,302,824,000Source | 1,211,745,000Source | 1,210,326,000Source | 1,188,210,000Source | 1,077,329,000Source |
| Partners' CapitalUSD | 713,022,000Source | 646,110,000Source | 607,223,000Source | 743,902,000Source | 671,809,000Source | 642,670,000Source | 626,219,000Source | 545,138,000Source | 598,571,000Source | 547,060,000Source | 546,356,000Source | 497,530,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2026 | Q3 2025 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | 16,673,000Source | 18,735,000Source | 16,251,000Source | 17,600,000Source | 16,864,000Source | 17,099,000Source | 72,042,000Source | 66,975,000Source | 62,582,000Source | 58,848,000Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | 59,634,000Source | 58,665,000Source | 4,057,000Source | -1,302,000Source | -15,080,000Source | 7,095,000Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | -4,591,000Source | 5,136,000Source | 14,139,000Source | -6,578,000Source | -5,138,000Source | 4,824,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 582,000Source | 0Source | -295,000Source | -638,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -47,666,000Source | 8,782,000Source | 186,256,000Source | 160,585,000Source | 225,239,000Source | 220,547,000Source |
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | — | — | — | 22,173,000Source | 51,074,000Source | 59,469,000Source | 25,152,000Source | 130,124,000Source | 56,083,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -41,295,000Source | -74,515,000Source | -128,255,000Source | -81,644,000Source | -170,637,000Source | -94,435,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 19,805,000Source | 23,843,000Source | 71,960,000Source | 59,429,000Source | 44,949,000Source | 44,352,000Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 88,765,000Source | 67,645,000Source | -66,744,000Source | -72,501,000Source | -44,628,000Source | -127,820,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | — | — | — | — | — | — | -3,133,000Source | -3,232,000Source | -4,228,000Source | -4,667,000Source | -4,645,000Source | -3,695,000Source |
| Repayments of Long-term DebtUSD | — | — | — | — | — | — | 350,000,000Source | 0Source | — | — | 0Source | 0Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -196,000Source | 1,912,000Source | -8,743,000Source | 6,440,000Source | 9,974,000Source | -1,708,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | — | — | 73,943,000Source | 73,552,000Source | 67,529,000Source | 59,198,000Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | — | — | 12,678,000Source | 12,294,000Source | 10,906,000Source | 7,572,000Source |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to SettlementUSD | — | — | — | -450,000Source | — | — | — | — | -528,000Source | -638,000Source | 0Source | -840,000Source |
| DepreciationUSD | — | — | — | — | — | — | — | — | 59,364,000Source | 54,681,000Source | 51,676,000Source | 51,276,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | 0Source | 0Source | 0Source | 0Source | -1,183,000Source | 0Source | 0Source | -215,000Source | 0Source | 0Source |
| General and Administrative ExpenseUSD | — | — | 16,451,000Source | 18,737,000Source | 30,044,000Source | 29,911,000Source | 27,873,000Source | 26,853,000Source | 96,380,000Source | 89,894,000Source | 91,574,000Source | 81,756,000Source |
| GoodwillUSD | — | — | 1,165,016,000Source | 1,157,827,000Source | 1,165,016,000Source | 1,157,827,000Source | 1,165,016,000Source | 1,160,887,000Source | 1,157,827,000Source | 1,151,252,000Source | 1,148,776,000Source | 1,113,423,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | — | — | — | -521,000Source | -22,241,000Source | -29,891,000Source | -18,119,000Source | — | — |
| Income Tax Expense (Benefit)USD | — | — | 182,000Source | 242,000Source | 120,000Source | -4,000Source | 231,000Source | 563,000Source | 1,348,000Source | 734,000Source | 668,000Source | 429,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -17,527,000Source | -14,835,000Source | 137,542,000Source | 137,121,000Source | 45,780,000Source | 19,420,000Source | 106,570,000Source | 74,174,000Source | 123,752,000Source | 139,708,000Source |
| Operating Costs and ExpensesUSD | — | — | 124,980,000Source | 117,528,000Source | 139,500,000Source | 139,377,000Source | 127,159,000Source | 123,153,000Source | 494,079,000Source | 476,857,000Source | 478,058,000Source | 442,411,000Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | — | — | — | 350,000,000Source | 0Source | — | — | 0Source | 0Source |
| Other Nonoperating Income (Expense) | — | — | —Source | —Source | —Source | —Source | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2026 | Q3 2025 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 261,379,000Source | 260,150,000Source | 551,206,000Source | 587,663,000Source | 370,386,000Source | 373,329,000Source | 1,432,518,000Source | 1,327,172,000Source | 1,429,194,000Source | 1,501,465,000Source |
| Cost of RevenueUSD | — | — | 101,051,000Source | 99,559,000Source | 207,500,000Source | 242,362,000Source | 130,839,000Source | 147,162,000Source | 563,706,000Source | 522,196,000Source | 590,131,000Source | 712,123,000Source |
| Gross Profit (Calculated) · Derived | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating Income (Loss)USD | — | — | 2,224,000Source | 5,591,000Source | 157,911,000Source | 158,413,000Source | 67,651,000Source | 59,062,000Source | 206,311,000Source | 171,250,000Source | 206,849,000Source | 206,327,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | -17,345,000Source | -14,593,000Source | 137,662,000Source | 137,117,000Source | 46,011,000Source | 19,983,000Source | 107,918,000Source | 74,908,000Source | 124,420,000Source | 140,137,000Source |
| Income Tax Expense (Benefit)USD | — | — | 182,000Source | 242,000Source | 120,000Source | -4,000Source | 231,000Source | 563,000Source | 1,348,000Source | 734,000Source | 668,000Source | 429,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -17,527,000Source | -14,835,000Source | 137,542,000Source | 137,121,000Source | 45,780,000Source | 19,420,000Source | 106,570,000Source | 74,174,000Source | 123,752,000Source | 139,708,000Source |
| Earnings Per Share, BasicUSD per share | — | — | -0.26Source | -0.23Source | 2.07Source | 2.11Source | 0.69Source | 0.3Source | 1.64Source | 1.15Source | 1.94Source | 2.21Source |
| Earnings Per Share, DilutedUSD per share | — | — | -0.26Source | -0.23Source | 2.06Source | 2.1Source | 0.69Source | 0.3Source | 1.62Source | 1.14Source | 1.92Source | 2.18Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 66,680Source | 65,381Source | 66,565Source | 64,876Source | 66,259Source | 64,497Source | 65,111,000Source | 64,306,000Source | 63,835,000Source | 63,212,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 66,680Source | 65,381Source | 66,904Source | 65,262Source | 66,470Source | 64,756Source | 65,589,000Source | 64,841,000Source | 64,441,000Source | 64,018,000Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | — | — | 12,678,000Source | 12,294,000Source | 10,906,000Source | 7,572,000Source |
| Business Combination, Acquisition Related CostsUSD | — | — | — | — | — | — | — | — | — | 0Source | 4,695,000Source | — |
| Costs and ExpensesUSD | — | — | 259,155,000Source | 254,559,000Source | 393,295,000Source | 429,250,000Source | 302,735,000Source | 314,267,000Source | 1,226,207,000Source | 1,155,922,000Source | 1,222,345,000Source | 1,295,138,000Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 766,000Source | 734,000Source | 963,000Source | 1,067,000Source |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to SettlementUSD | — | — | — | -450,000Source | — | — | — | — | -528,000Source | -638,000Source | 0Source | -840,000Source |
| General and Administrative ExpenseUSD | — | — | 16,451,000Source | 18,737,000Source | 30,044,000Source | 29,911,000Source | 27,873,000Source | 26,853,000Source | 96,380,000Source | 89,894,000Source | 91,574,000Source | 81,756,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | — | — | — | -521,000Source | -22,241,000Source | -29,891,000Source | -18,119,000Source | — | — |
| Interest ExpenseUSD | — | — | 18,848,000Source | 18,881,000Source | 19,694,000Source | 20,567,000Source | 19,756,000Source | 19,612,000Source | 76,265,000Source | 74,590,000Source | 73,393,000Source | 60,658,000Source |
| Operating Costs and ExpensesUSD | — | — | 124,980,000Source | 117,528,000Source | 139,500,000Source | 139,377,000Source | 127,159,000Source | 123,153,000Source | 494,079,000Source | 476,857,000Source | 478,058,000Source | 442,411,000Source |
| Other ExpensesUSD | — | — | 40,650,000Source | 39,146,000Source | 40,626,000Source | 45,581,000Source | 42,810,000Source | 42,705,000Source | 163,670,000Source | — | — | — |
| Other Nonoperating Income (Expense) | — | — | —Source | —Source | —Source | —Source | — | — | — | — | — | — |
Filing attachments
sph-ex99_1.htm · 8-K · 2026-10-22
Exhibit 99.1 News Release Contact: Michael A. Kuglin Chief Financial Officer P.O. Box 206, Whippany, NJ 07981-0206 Phone: 973-503-9252 FOR IMMEDIATE RELEASE Suburban Propane Partners, L.P. Declares Increase in Annualized Distribution Rate to $1.40 per Common Unit Whippany, New Jersey, October 22, 2026 -- Suburban Propane Partners, L.P. (NYSE:SPH), today announced that its Board of Supervisors declared an increase in the Partnership’s quarterly distribution from $0.325 to $…
Read attachment ↗sph-ex99_1.htm · 8-K · 2026-10-21
Exhibit 99.1 News Release Contact: Michael A. Kuglin Chief Financial Officer P.O. Box 206, Whippany, NJ 07981-0206 Phone: 973-503-9252 _____________________________________________________________________________________ FOR IMMEDIATE RELEASE Suburban Propane Partners, L.P. to Hold Fiscal 2026 Full Year and Fourth Quarter Results Conference Call Whippany, New Jersey, October 21, 2026 -- Suburban Propane Partners, L.P. (NYSE:SPH), announced today that it has scheduled its …
Read attachment ↗sph-ex99_1.htm · 8-K · 2026-08-06
EX-99.1 2 sph-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 News Release Contact: Michael A. Kuglin Chief Financial Officer P.O. Box 206, Whippany, NJ 07981-0206 Phone: 973-503-9252 FOR IMMEDIATE RELEASE Suburban Propane Partners, L.P. Announces Third Quarter Results Whippany, New Jersey, August 6, 2026 -- Suburban Propane Partners, L.P. (NYSE:SPH), today announced earnings for its third quarter ended June 27, 2026. Consistent with the seasonal nature of its business, the …
Read attachment ↗sph-ex99_1.htm · 8-K · 2026-07-23
EX-99.1 2 sph-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 News Release Contact: Michael A. Kuglin Chief Financial Officer P.O. Box 206, Whippany, NJ 07981-0206 Phone: 973-503-9252 FOR IMMEDIATE RELEASE Suburban Propane Partners, L.P. Declares Quarterly Distribution of $0.325 per Common Unit Whippany, New Jersey, July 23, 2026 -- Suburban Propane Partners, L.P. (NYSE:SPH), today announced that its Board of Supervisors declared a quarterly distribution of $0.325 per Common …
Read attachment ↗sph-ex99_1.htm · 8-K · 2026-07-22
EX-99.1 2 sph-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 News Release Contact: Michael A. Kuglin Chief Financial Officer P.O. Box 206, Whippany, NJ 07981-0206 Phone: 973-503-9252 _____________________________________________________________________________________ FOR IMMEDIATE RELEASE Suburban Propane Partners, L.P. to Hold Fiscal 2026 Third Quarter Results Conference Call Whippany, New Jersey, July 22, 2026 -- Suburban Propane Partners, L.P. (NYSE:SPH), announced toda…
Read attachment ↗sph-ex99_1.htm · 8-K · 2026-05-07
EX-99.1 2 sph-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 News Release Contact: Michael A. Kuglin Chief Financial Officer P.O. Box 206, Whippany, NJ 07981-0206 Phone: 973-503-9252 FOR IMMEDIATE RELEASE Suburban Propane Partners, L.P. Announces Second Quarter Results Whippany, New Jersey, May 7, 2026 -- Suburban Propane Partners, L.P. (NYSE:SPH), today announced earnings for its second quarter ended March 28, 2026. Net income for the second quarter of fiscal 2026 was $137…
Read attachment ↗