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Star Group, L.P. SGU Operations Expenses — Delivery And Branch Expenses Benefit

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Other financials

Income statement

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Revenue$358.1M+17.2%
Operating income-$34.1M-77.7%
Net income-$28.0M-68.3%

Balance sheet

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Cash & equivalents$27.0M-3.8%
Total debt$269.9M-6.3%
Total assets$1.0B+4.8%

Cash flow

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Operating cash flow$118.3M+63.1%
CapEx$2.5M-35.1%
Free cash flow$115.8M+68.6%

Valuation

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Market cap$416.33M+8.5%
Enterprise value$659.21M+2.4%
P/E4.8×-1.0×
P/S0.2×0.0×

Profitability

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Operating margin7.1%+1.1pp
Net margin4.6%+0.8pp
FCF margin3%-1.6pp

Returns & leverage

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Current ratio0.9×+0.2×

Where this comes from

Reported directly by Star Group, L.P. in its filing.

Tagged under the XBRL concept sgu:DeliveryAndBranchExpensesBenefit.

The source filing: Star Group, L.P.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:15 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-335152
(in thousands)Three Months Ended / June 30, 2026Three Months Ended / June 30, 2025Nine Months Ended / June 30, 2026Nine Months Ended / June 30, 2025
Cost of installations25,80227,30680,01381,878
Cost of service49,68447,934159,560151,237
Delivery expenses22,07022,546100,37594,884
Operations expenses19,40718,17559,56157,483
Garage and plant expenses11,57410,64935,58833,401
Sales and marketing expenses12,17911,86841,04840,788
Customer service and credit expenses14,30914,13940,90640,872
Insurance related expenses15,3469,13944,24032,526

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Star Group, L.P.'s operations expenses — delivery and branch expenses benefit?
Star Group, L.P. (SGU) reported operations expenses — delivery and branch expenses benefit of $19.41M in Q2 2026.
How has Star Group, L.P.'s operations expenses — delivery and branch expenses benefit changed year-over-year?
Star Group, L.P.'s operations expenses — delivery and branch expenses benefit increased by 6.8% year-over-year, from $18.18M to $19.41M.
What is the long-term trend for Star Group, L.P.'s operations expenses — delivery and branch expenses benefit?
Over 2 years (2023 to 2025), Star Group, L.P.'s operations expenses — delivery and branch expenses benefit has grown at a 3.7% compound annual growth rate (CAGR), from $69.77M to $75.04M.
What does operations expenses — delivery and branch expenses benefit mean?
This metric represents the financial benefit or cost recovery associated with the operational logistics and branch-level service activities required to distribute heating products and home services. It captures efficiencies gained or credits realized in the delivery network and local branch infrastructure that offset standard operating expenditures. Investors use this to evaluate the company's ability to optimize its last-mile distribution and local service footprint.

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