Reading the tape
NYSE: SPH
Suburban Propane Partners, L.P.
Utilities · Regulated Gas
Market Cap
$1.33B
52w High
$20.80
52w Low
$17.30
P/E
9.97
Volume
296.05K
Outstanding Shares
66.33M
Valuation Data Insufficient
The DCF model's fair value estimate is more than 3× the current stock price. This typically indicates unreliable model inputs — such as irregular cash flows or balance sheet distortions — rather than a genuine opportunity, so the valuation is not shown.
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -1.57%Revenue (TTM): 7.11%FCF (TTM): -43.75%P/FCF: 100th pct
What changed
The stock fell 1.57% over the last year. Revenue grew 7.11% over the trailing twelve months. Operating margin moved from 13.6% to 14.97%. Free cash flow declined 43.75% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 14.97%. A decisive move in revenue — currently up 7.11% — would be the clearest signal to resolve the ambiguity.
Company profile
Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, fuel oil, and refined fuels.
CEOMichael A. Stivala
SectorUtilities
IndustryRegulated Gas
Employees3,098
IPO dateFeb 29, 1996
Valuation
Forward P/E—
EV/EBITDA9.89
Enterprise value$2.53B
Stock splits
Jun 15, 1999↑ Forward
Every 1 shares became 10
Profitability & growth
Revenue growth-0.79%
Gross margin42.29%▼65.16%vs FY2024
Operating margin14.97%▲11.61%vs FY2024
ROE17.8%▲31.31%vs FY2024
Analyst consensus
RatingHold
Target price$21.00▲5.00%
4
Buy
7
Hold
5
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 7, 2026
Q2 FY26 · EPS est $1.98 · Revenue est $575M
View
Dividends
$1.31/shareQuarterly5yr growth streakEx-div May 5, 2026 · in 0dAdequateSPH pays a dividend with a 6.53% declared yield, 5 consecutive years of growth, growing at 1.69% annually, covered 1.4× by free cash flow.
Declared Yield
6.53%
Annual Div / Share
$1.31
5yr CAGR
+1.69%
Doubles every ~41.3yr
Payout Ratio
63.76%
Adequate
Dividend Growth Rate
3yr CAGR
+0.13%
5yr CAGR
+1.69%
10yr CAGR
-9.52%
Dividend Safety
5/10Adequate
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$1.30+0.4%
2025$1.30+0.0%
2024$1.30+0.0%
2023$1.30+0.0%
2022$1.30+8.3%
2021$1.20-50.0%
2020$2.40+0.0%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$65/yr
$5/mo
In 5 yrs
$71/yr+9%
$6/mo
In 10 yrs
$77/yr+18%
$6/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$65/yr $5/mo | $71/yr+9% $6/mo | $77/yr+18% $6/mo |
Yield-on-cost grows from 6.53% → 7.72% over 10yr