Suburban Propane Partners LP (SPH)

Name: Suburban Propane Partners LP Financial Statements
Creator: Quarter Results

Utilities | Regulated Gas

Latest reporting period: 2025-12-27

Latest Quarter

2025-12-27

Revenue

$370M

Net Income

$45.8M

Operating Margin

18.0%

Free Cash Flow

$114M

Debt / Assets

73.9%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Suburban Propane Partners LP (SPH).
Income Statement (Quarterly)	2025-12-27	2025-03-29	2024-12-28	2024-09-28
Revenue	370,386,000	587,663,000	373,329,000	208,641,000
Cost of Revenue	275,792,000	242,362,000	291,048,000	84,623,000
Gross Profit	94,594,000	345,301,000	103,014,000	124,018,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	27,873,000	29,911,000	26,853,000	18,494,000
Operating Expenses	27,873,000	186,888,000	26,853,000	146,566,000
Operating Income	66,721,000	158,413,000	59,062,000	-22,548,000
Interest Expense	19,756,000	20,567,000	19,612,000	18,050,000
Income Before Tax	46,011,000	137,117,000	19,983,000	-44,379,000
Income Tax Expense	231,000	-4,000	563,000	210,000
Net Income	45,780,000	137,121,000	19,420,000	-44,589,000
Per Share
EPS	0.69	2.11	0.30	-0.69
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Suburban Propane Partners LP (SPH).
Income Statement (Annual)	2025-09-27	2024-09-28	2023-09-30	2022-09-24	2021-09-25
Revenue	1,432,518,000	1,327,172,000	1,429,194,000	1,501,465,000	1,288,755,000
Cost of Revenue	1,129,829,422	1,051,430,000	1,068,189,000	712,123,000	485,478,000
Gross Profit	302,688,578	328,119,000	361,005,000	789,342,000	803,277,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	96,380,000	89,894,000	91,574,000	81,756,000	74,096,000
Operating Expenses	96,380,000	89,894,000	154,156,000	583,015,000	590,041,000
Operating Income	206,308,578	171,250,000	206,849,000	206,327,000	213,236,000
Interest Expense	76,265,000	74,590,000	73,393,000	60,658,000	68,132,000
Income Before Tax	107,918,000	74,908,000	124,420,000	140,137,000	123,903,000
Income Tax Expense	1,348,000	734,000	668,000	429,000	1,110,000
Net Income	106,570,000	74,174,000	123,752,000	139,708,000	122,793,000
Per Share
EPS	1.64	1.15	1.94	2.21	1.96
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Suburban Propane Partners LP (SPH).
Balance Sheet (Quarterly)	2025-09-27	2024-09-28	2023-09-30	2022-09-24
Assets
Cash and Cash Equivalents	3,707,000	3,219,000	3,514,000	4,100,000
Short Term Investments	0	0	0	0
Net Receivables	69,479,000	66,444,000	67,687,000	78,529,000
Inventory	73,726,000	55,430,000	61,828,000	66,921,000
Total Current Assets	166,274,000	157,544,000	164,002,000	174,860,000
Property Plant Equipment	810,272,000	794,228,000	788,994,000	700,362,000
Goodwill and Intangibles	1,242,604,000	1,225,764,000	1,229,329,000	1,153,425,000
Total Assets	2,296,274,000	2,272,761,000	2,270,475,000	2,103,726,000
Liabilities
Account Payables	45,042,000	41,058,000	40,043,000	35,173,000
Short Term Debt	34,329,000	35,616,000	33,562,000	32,126,000
Total Current Liabilities	302,820,000	306,122,000	307,818,000	306,622,000
Long Term Debt	1,295,429,000	1,314,123,000	1,296,705,000	1,180,999,000
Total Liabilities	1,697,703,000	1,725,701,000	1,724,119,000	1,606,196,000
Shareholders Equity
Retained Earnings	0	0	0	0
Total Shareholders Equity	598,571,000	547,060,000	546,356,000	-12,596,000

Balance sheet annual history for Suburban Propane Partners LP (SPH).
Balance Sheet (Annual)	2025-09-27	2024-09-28	2023-09-30	2022-09-24	2021-09-25
Assets
Cash and Cash Equivalents	3,707,000	3,219,000	3,514,000	4,100,000	5,808,000
Short Term Investments	0	0	0	0	0
Net Receivables	69,479,000	66,444,000	67,687,000	78,529,000	71,372,000
Inventory	73,726,000	55,430,000	61,828,000	66,921,000	61,802,000
Total Current Assets	166,274,000	157,544,000	164,002,000	174,860,000	180,108,000
Property Plant Equipment	810,272,000	794,228,000	788,994,000	700,362,000	699,129,000
Goodwill and Intangibles	1,242,604,000	1,225,764,000	1,229,329,000	1,153,425,000	1,146,289,000
Total Assets	2,296,274,000	2,272,761,000	2,270,475,000	2,103,726,000	2,051,730,000
Liabilities
Account Payables	45,042,000	41,058,000	40,043,000	35,173,000	39,169,000
Short Term Debt	34,329,000	35,616,000	33,562,000	32,126,000	30,878,000
Total Current Liabilities	302,820,000	306,122,000	307,818,000	306,622,000	287,146,000
Long Term Debt	1,295,429,000	1,314,123,000	1,296,705,000	1,180,999,000	1,216,546,000
Total Liabilities	1,697,703,000	1,725,701,000	1,724,119,000	1,606,196,000	1,626,309,000
Shareholders Equity
Retained Earnings	0	0	0	0	0
Total Shareholders Equity	598,571,000	547,060,000	546,356,000	-12,596,000	0

Cash flow quarterly history for Suburban Propane Partners LP (SPH).
Cash Flow Statement (Quarterly)	2025-09-27	2024-09-28	2023-09-30	2022-09-24
Operating Activities
Net Income	106,570,000	74,174,000	123,752,000	139,708,000
Depreciation & Amortization	72,042,000	66,975,000	62,582,000	58,848,000
Stock Based Compensation	7,775,000	8,191,000	13,375,000	11,253,000
Change in Working Capital	-35,024,000	-7,785,000	26,864,000	10,257,000
Operating Cash Flow	186,256,000	160,585,000	225,239,000	220,547,000
Investing Activities
Capital Expenditure	-71,960,000	-59,429,000	-44,949,000	-44,352,000
Investments	-71,960,000	-59,429,000	-44,949,000	-44,352,000
Investing Cash Flow	-128,255,000	-81,644,000	-170,637,000	-94,435,000
Financing Activities
Debt Repayment	-1,800,000	19,000,000	-483,300,000	-429,000,000
Common Stock Issued/Repurchased	23,459,000	0	0	0
Dividends Paid	-84,175,000	-83,090,000	-82,383,000	-81,725,000
Financing Cash Flow	-66,744,000	-72,501,000	-44,628,000	-127,820,000
Summary
Free Cash Flow	114,296,000	101,156,000	180,290,000	176,195,000
Net Change in Cash	-8,743,000	6,440,000	-586,000	-1,708,000

Cash flow annual history for Suburban Propane Partners LP (SPH).
Cash Flow Statement (Annual)	2025-09-27	2024-09-28	2023-09-30	2022-09-24	2021-09-25
Operating Activities
Net Income	106,570,000	74,174,000	123,752,000	139,708,000	122,793,000
Depreciation & Amortization	72,042,000	66,975,000	62,582,000	58,848,000	104,555,000
Stock Based Compensation	7,775,000	8,191,000	13,375,000	11,253,000	10,073,000
Change in Working Capital	-35,024,000	-7,785,000	26,864,000	10,257,000	-24,664,000
Operating Cash Flow	186,256,000	160,585,000	225,239,000	220,547,000	226,552,000
Investing Activities
Capital Expenditure	-71,960,000	-59,429,000	-44,949,000	-44,352,000	-29,855,000
Investments	-71,960,000	-59,429,000	-44,949,000	-44,352,000	0
Investing Cash Flow	-128,255,000	-81,644,000	-170,637,000	-94,435,000	-34,075,000
Financing Activities
Debt Repayment	-1,800,000	19,000,000	-483,300,000	-429,000,000	-1,195,934,000
Common Stock Issued/Repurchased	23,459,000	0	0	0	0
Dividends Paid	-84,175,000	-83,090,000	-82,383,000	-81,725,000	-76,484,000
Financing Cash Flow	-66,744,000	-72,501,000	-44,628,000	-127,820,000	-189,809,000
Summary
Free Cash Flow	114,296,000	101,156,000	180,290,000	176,195,000	196,697,000
Net Change in Cash	-8,743,000	6,440,000	-586,000	-1,708,000	2,668,000