Suburban Propane Partners LP SPH Stock Analysis
- NYSE
- Stock
- Market closed · opens Monday 9:30 AM ET
$17.48 up $0.27, 1.57% at close Oct 16
Last close · Previous close $17.21
- Market cap
- $1.16BAt the Oct 16 close
- P/E ratio
- 9.06On last 12 months’ EPS
- Diluted EPS
- $1.93Last 12 months
- Dividend yield
- 7.44%Last 12 months
Price chart
$17.48up $0.27, 1.57%Fri, Oct 16 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$17.21Oct 15
- Volume136.90KOct 16 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume198.71KLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $16.25 to $20.80; now $17.48
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Oct 16 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
SPH beat the S&P 500 in 1 of 7 periods.
| Period | SPH and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | SPH: up 2.8% S&P 500: up 1.5% | SPH beat the S&P 500 by 1.3 percentage points Beat |
| 3M | SPH: down 3.1% S&P 500: up 1.9% | SPH trailed the S&P 500 by 5.0 percentage points Trailed |
| YTD | SPH: down 0.9% S&P 500: up 12.8% | SPH trailed the S&P 500 by 13.7 percentage points Trailed |
| 1Y | SPH: up 1.3% S&P 500: up 16.8% | SPH trailed the S&P 500 by 15.5 percentage points Trailed |
| Long term | ||
| 3Y | SPH: up 31.0% S&P 500: up 81.5% +9.4% vs +22.0% a year | SPH trailed the S&P 500 by 50.5 percentage points Trailed |
| 5Y | SPH: up 58.7% S&P 500: up 83.1% +9.7% vs +12.9% a year | SPH trailed the S&P 500 by 24.4 percentage points Trailed |
| 10Y | SPH: up 29.7% S&P 500: up 319.6% +2.6% vs +15.4% a year | SPH trailed the S&P 500 by 289.9 percentage points Trailed |
$10,000 invested in SPH 10 years ago (Oct 14, 2016) would be worth about $12,973 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,964.
SPH beat the S&P 500 in 1 of 7 periods.
| Period | SPH and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | SPH: up 2.8% S&P 500: up 1.2% | SPH beat the S&P 500 by 1.6 percentage points Beat |
| 3M | SPH: down 4.8% S&P 500: up 1.7% | SPH trailed the S&P 500 by 6.5 percentage points Trailed |
| YTD | SPH: down 5.7% S&P 500: up 11.9% | SPH trailed the S&P 500 by 17.6 percentage points Trailed |
| 1Y | SPH: down 5.4% S&P 500: up 15.5% | SPH trailed the S&P 500 by 20.9 percentage points Trailed |
| Long term | ||
| 3Y | SPH: up 6.8% S&P 500: up 75.0% +2.2% vs +20.5% a year | SPH trailed the S&P 500 by 68.2 percentage points Trailed |
| 5Y | SPH: up 9.8% S&P 500: up 71.2% +1.9% vs +11.4% a year | SPH trailed the S&P 500 by 61.4 percentage points Trailed |
| 10Y | SPH: down 46.8% S&P 500: up 258.1% −6.1% vs +13.6% a year | SPH trailed the S&P 500 by 304.9 percentage points Trailed |
$10,000 invested in SPH 10 years ago (Oct 14, 2016) would be worth about $5,323 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,813.
All-time high
$58.75
Closing high on . Now 70.2% below that record.
Split-adjusted daily closes since Feb 29, 1996.
Stock splits
SPH hasn’t split since its price history begins in 1996.
Valuation
The Oct 16 close compared with the last 12 months of reported results (the four quarters to Jun 27, 2026). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
9.1×The Oct 16 close ÷ diluted EPS over the last 12 months ($1.93)
The range covers daily P/E ratios from Oct 7, 2021 to Oct 16, 2026, each based on the previous 12 months of earnings.
SPH trades at 9.1× its earnings over the last 12 months, below its 5-year median of 10.2×. In plain terms, buyers are paying about $9 for each $1 of profit from the past year. How to read P/E
Other valuation measures
- 0.8×Last 12 months’ revenue
Market value divided by revenue over the last 12 months. Useful when earnings are small or negative.
P/S = Market cap ÷ Revenue (last 12 months)Price-to-sales ratio - 1.6×Book value as of Jun 27, 2026
Price relative to accounting equity (book value) per share on the Jun 27, 2026 balance sheet. Asset-light companies often trade far above book value.
P/B = Price ÷ Book value per sharePrice-to-book ratio - 9.0×Last 12 months’ EBITDA
Enterprise value divided by EBITDA over the last 12 months. It compares companies with different amounts of debt.
EV/EBITDA = Enterprise value ÷ EBITDA (last 12 months)EV/EBITDA explained - 0.30Last 12 months’ EPS growth
The P/E divided by the growth in diluted EPS over the last 12 months (+30.4% on the 12 months before). It looks backward: near 1 means the P/E roughly matches last year’s growth. Sites that use analysts’ growth forecasts show a different PEG.
PEG = P/E ÷ EPS growth (%) = 9.1 ÷ 30.4 - 9.03%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - $2.48BAt the Oct 16 close
What it would cost to buy the whole business: the market cap at the Oct 16 close, plus debt, minus cash and short-term investments from the Jun 27, 2026 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own SPH DCF in Excel. Value Suburban Propane Partners LP with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q3 FY26, the quarter ended Jun 27, 2026. “Last 12 months” means the four quarters from Jun 29, 2025 to Jun 27, 2026, and balance-sheet figures are as of Jun 27, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $1.39Bdown 2.5%
- Net income
- $130.66Mup 34.5%
- Diluted EPS
- $1.93up 30.4%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q4 FY24 (Sep 28, 2024) | $208.64M | −$44.59M | −$0.69 |
| Q1 FY25 (Dec 28, 2024) | $373.33M | $19.42M | $0.30 |
| Q2 FY25 (Mar 29, 2025) | $587.66M | $137.12M | $2.11 |
| Q3 FY25 (Jun 28, 2025) | $260.15M | −$14.84M | −$0.24 |
| Q4 FY25 (Sep 27, 2025) | $211.38M | −$35.14M | −$0.55 |
| Q1 FY26 (Dec 27, 2025) | $370.39M | $45.78M | $0.69 |
| Q2 FY26 (Mar 28, 2026) | $551.21M | $137.54M | $2.06 |
| Q3 FY26 (Jun 27, 2026) | $261.38M | −$17.53M | −$0.27 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Sep 25, 2021) | $1.29B | $122.79M | $1.94 |
| FY22 (Sep 24, 2022) | $1.50B | $139.71M | $2.18 |
| FY23 (Sep 30, 2023) | $1.43B | $123.75M | $1.92 |
| FY24 (Sep 28, 2024) | $1.33B | $74.17M | $1.14 |
| FY25 (Sep 27, 2025) | $1.43B | $106.57M | $1.62 |
Margins
- Gross 26.9%
- Operating 15.1%
- Net 9.4%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $104.67MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$181.41MLast 12 months
- Capital spending$76.75MLast 12 months
- 7.5%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $16.34MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$85.80MLast 12 months
- Total returned$85.80MLast 12 months
82% of free cash flow
Balance sheet
- $5.03MAs of Jun 27, 2026
Cash plus short- and long-term marketable securities on the Jun 27, 2026 balance sheet.
- Total debt$1.33BAs of Jun 27, 2026
- Net debt$1.32BAs of Jun 27, 2026
- 0.78As of Jun 27, 2026
Current assets divided by current liabilities on the Jun 27, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 1.86As of Jun 27, 2026
Total debt divided by shareholders’ equity on the Jun 27, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 7 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✓Long-term debt fell relative to assets: passed
- ✓Current ratio improved: passed
- ✗Share count didn’t rise: not passed
- ✓Gross margin improved: passed
- ✗Asset turnover (revenue ÷ assets) improved: not passed
- 19.5%Last 12 months
Over the last 12 months, Suburban Propane Partners LP’s net income was 19.5% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 5.5%Last 12 months
Over the last 12 months, Suburban Propane Partners LP’s net income was 5.5% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $3.55 |
| 2017 | $3.26 |
| 2018 | $2.40 |
| 2019 | $2.40 |
| 2020 | $1.80 |
| 2021 | $1.25 |
| 2022 | $1.30 |
| 2023 | $1.30 |
| 2024 | $1.30 |
| 2025 | $1.30 |
| 2026 (to date) | $0.98 |
Dividend details
- $1.30Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- 7.44%; 5-yr low 4.84%, 5-yr high 11.13%Last 12 months
Dividends paid over the last 12 months as a share of the Oct 16 close. The bar shows where that yield sits in its range over the past five years; the median was 7.43%.
- $0.33Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
- FrequencyQuarterly4 payments in the last 12 months
- down 6.3% a yearFull years 2020–2025
The compound annual growth rate of the full-year dividend per share from 2020 to 2025.
- 67.4%Last 12 months
The share of earnings paid out as dividends over the last 12 months. Lower ratios leave more room to reinvest or raise the dividend.
Payout = Dividends per share ÷ Diluted EPS (both last 12 months)Payout ratio calculator
About Suburban Propane Partners LP
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, 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. Suburban Propane is supported by three core pillars: (1) Suburban Commitment to Excellence-showcasing Suburban Propane's almost 100-year legacy, and ongoing commitment to the highest standards for safety, dependability, flexibility, and reliability that underscores Suburban Propane's commitment to excellence in customer service; (2) SuburbanCares-highlighting continued dedication to giving back to local communities across Suburban Propane's national footprint; and (3) Go Green with Suburban Propane-promoting propane and renewable propane as versatile, low-carbon energy solutions and investing in the next generation of innovative, renewable energy alternatives.
- Sector
- Utilities
- Industry
- Utilities - Regulated Gas
- Headquarters
- New Jersey, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- NYSE
- Asset type
- Common stock
- Price history since
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SPH stock FAQ
What is SPH stock’s price today?
Suburban Propane Partners LP (SPH) traded at $17.48 at the close on , up $0.27 (1.57%) from the previous close of $17.21. Over the past 52 weeks it has traded between $16.25 and $20.80.
If you invested $1,000 in SPH 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in SPH on would be worth about $1,297 at the close on , a total return of +29.7%. The same $1,000 would be worth $1,587 if invested five years ago, $1,013 if invested one year ago, $2,726 if invested 20 years ago, and $11,278 if invested 30 years ago. Past performance doesn’t predict future returns.
What is Suburban Propane Partners LP’s market cap?
Suburban Propane Partners LP’s market capitalization is about $1.2 billion. That’s Tiingo’s daily market cap for , at that day’s closing price of $17.48 (how market cap works). Suburban Propane Partners LP reported 66.34M shares outstanding at the end of its latest quarter ().
What is SPH’s P/E ratio?
SPH trades at 9.1 times its diluted earnings over the four quarters to ($1.93 per share), at the close. Over the past five years its P/E has ranged from 5.3 to 20.7, with a median of 10.2. (How the P/E ratio works.)
How much revenue does Suburban Propane Partners LP make?
Suburban Propane Partners LP reported $1.4 billion of revenue over the four quarters to , down 2.5% from the twelve months before. In its latest quarter (Q3 FY26, ended ) revenue was $261.4 million, up 0.5% from a year earlier.
Is Suburban Propane Partners LP profitable?
Yes. Suburban Propane Partners LP earned $130.7 million of net income over the four quarters to , a net margin of 9.4%, and its operating margin was 15.1% (what margins tell you).
What are SPH’s earnings per share?
SPH’s diluted earnings per share were $1.93 over the four quarters to , compared with $1.48 in the twelve months before. The latest quarter (Q3 FY26) brought −$0.27 per share, against −$0.24 a year earlier (how EPS works).
Does SPH pay a dividend?
Yes. Suburban Propane Partners LP pays a quarterly dividend. The most recent was $0.33 per share, with an ex-dividend date of . Over the last twelve months it paid $1.30 per share, a 7.44% yield at the close (how dividend yield works).
Based on the last 12 months’ payments ($1.30 per share), and if the next 12 months match the last 12, 100 shares would receive about $130 over 12 months, and $1,000 over 12 months would take about 770 shares, roughly $13,460 at the close. Dividends can change.
What is SPH’s 52-week high and low?
Over the past 52 weeks SPH has traded as low as $16.25 and as high as $20.80. At $17.48 at the close on , it is 16.0% below that high and 7.6% above the low.
What is SPH’s all-time high?
SPH’s highest closing price was $58.75 on , adjusted for stock splits. At $17.48 at the close on , it is 70.2% below that record.
Has SPH stock ever split?
No. SPH hasn’t split since its price history begins in 1996.
How has SPH stock performed?
Including dividends and measured to the close on , SPH has returned −0.9% so far this year and +1.3% over the past year, and +58.7% over five years (+9.7% a year). Over the same periods the S&P 500, measured by SPY, returned +12.8%, +16.8% and +83.1%. Past performance doesn’t predict future returns.
What sector and industry is Suburban Propane Partners LP in?
Suburban Propane Partners LP is in the Utilities sector and the Utilities - Regulated Gas industry, and is headquartered in New Jersey, USA.
What exchange does SPH trade on?
Suburban Propane Partners LP trades on the NYSE under the ticker symbol SPH. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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