SUBURBAN PROPANE PARTNERS LP(SPH)— Stock Profile, AI Score & Financials
Consumer Discretionary · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
SUBURBAN PROPANE PARTNERS LP (SPH) stock profile, AI quality score, and SEC EDGAR financial data, a Consumer Discretionary sector company. 13F Pro's AI-powered ranking engine scores SPH at 50.5/100 on a 32-signal composite quality model, placing it at rank #1,597 of 2,962 stocks — the bottom half of the AI-ranked universe. Areas of concern include revenue growth (24.2) and institutional flow (24.2), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), SUBURBAN PROPANE PARTNERS LP reports quarterly revenue of $261.4M, net income of $-17.5M, free cash flow of $49.5M. Top institutional holders of SPH by reported 13-F value include ALPS ADVISORS, MIRAE ASSET GLOBAL ETFS Ltd., GOLDMAN SACHS GROUP, based on the most recent SEC filings. SPH trades on the NYSE exchange and files with the SEC under CIK 1005210. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate SPH daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for SUBURBAN PROPANE PARTNERS LP directly from SEC EDGAR.
AI Quality Score
50.5/100
AI Rank
#1,597
Revenue
$261.4M
Net Income
$-17.5M
Free Cash Flow
$49.5M
SPH key financials by period
SUBURBAN PROPANE PARTNERS LP reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$1.4B
$106.6M
14.4%
FY 2024
10-K
$1.3B
$74.2M
12.9%
FY 2023
10-K
$1.4B
$123.8M
14.5%
FY 2022
10-K
$1.5B
$139.7M
13.7%
FY 2021
10-K
$1.3B
$122.8M
16.6%
FY 2020
10-K
$1.1B
$60.8M
12.7%
Institutions holding SPH
Institutional investors reporting a position in SUBURBAN PROPANE PARTNERS LP on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-05-07 — Q2 FY2026 (six months ended March 28, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net income of $183.3M for six months ended March 28, 2026, up 17% YoY; Adjusted EBITDA of $258.7M, up 3.3% YoY, despite 4.1% revenue decline to $921.6M.
Biggest Revenue Drivers
Propane$817.5M-4.4% YoY
Lower average retail selling prices (-3.3%) partially offset by higher volumes sold (+1.5%); average propane prices (Mont Belvieu) decreased 18.9% YoY.
Fuel oil and refined fuels$50.5M-1.0% YoY
Volume decrease of 1.0% offset by flat average selling prices.
Biggest Revenue Drivers
Total revenue: $921.6M-4.1% YoY
Propane$817.5M-4.4% YoY
Lower average retail selling prices (-3.3%) partially offset by higher volumes sold (+1.5%); average propane prices (Mont Belvieu) decreased 18.9% YoY.
Fuel oil and refined fuels$50.5M-1.0% YoY
Volume decrease of 1.0% offset by flat average selling prices.
Natural gas and electricity$14.7M-2.7% YoY
Lower electricity usage primarily due to lower customer base.
All other$38.9M-1.2% YoY
Includes RNG platform and service business; lower tipping fees and services revenues.
Largest Expense Items
Cost of products sold$338.3M-13.1% YoY
Lower average wholesale costs (-18.9% propane, +13.6% fuel oil) and lower volumes; partially offset by mark-to-market adjustments on derivatives.
Operating expenses$266.7M+1.6% YoY
Higher payroll and benefit costs, volume-related variable costs, and self-insurance accruals; offset by $3.5M PTC benefit.
General and administrative expenses$57.9M+2.0% YoY
Higher variable compensation and IT modernization costs, partially offset by capitalized software implementation payroll.
Interest expense, net$39.5M-1.8% YoY
Lower average revolving credit borrowings and lower benchmark rates, offset by higher rate on refinanced senior notes.
Watch Items from the Filing
Consolidated Leverage Ratio improved to 4.34x from 4.54x YoY but remains elevated; total debt of $1,280.9M with maturities of $212.0M due fiscal 2029.
Transferable Tax Credits (PTCs) recognized $3.5M benefit in H1 FY2026 following Treasury guidance in February 2026; actual realization depends on final regulations and market transfer values.
New York energy regulations (GBL Section 349-d and PSC UBP amendments) require customer consent for price changes and utility rate comparisons; impact on AES natural gas/electricity business pending.
Impairment charges on renewable energy investments: Oberon fully impaired in Q1 FY2026; Independence Hydrogen written down to $21.6M in prior year; only RNG platform (Stanfield, Columbus) currently accretive.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
