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Suburban Propane Partners SPH Propane — Operating Income

Other segment segments

Fuel Oil And Refined Fuels
-$2.42M-93.5%
Natural Gas And Electricity
$535K-29.4%

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Other financials

Income statement

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Revenue$261.4M+0.5%
Gross profit$160.3M-0.2%
Operating income$2.2M-60.2%
Net income-$17.5M-18.1%
EPS (diluted)-$0.26-13.0%

Balance sheet

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Cash & equivalents$5.0M+276%
Total debt$1.3B-1.5%
Total assets$2.4B+1.8%

Cash flow

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Operating cash flow$71.0M-25.7%
CapEx$21.5M+46.2%
Free cash flow$49.5M-38.8%

Valuation

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Market cap$1.18B+1.1%
Enterprise value$2.5B-0.4%
P/E7.8×
P/S0.8×0.0×

Profitability

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Gross margin63.1%+3.3pp
Operating margin16.3%
Net margin10.1%
FCF margin7.3%0.0pp

Returns & leverage

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Current ratio0.8×+0.1×

Where this comes from

Reported directly by Suburban Propane Partners in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Suburban Propane Partners’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 11:37 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001005210-26-000011
Line itemThree Months Ended / June 27, 2026Three Months Ended / June 28, 2025Nine Months Ended / June 27, 2026Nine Months Ended / June 28, 2025
Corporate6231,6421,9325,684
Total depreciation and amortization$16,673$18,735$49,788$53,434
Operating income (loss):
Propane$36,942$44,834$344,196$343,372
Fuel oil and refined fuels(2,422)(1,252)2,3456,021
Natural gas and electricity5357581,9774,682
Reportable segment operating income35,05544,340348,518354,075
Reconciliation to net (loss) income:

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Suburban Propane Partners's propane — operating income?
Suburban Propane Partners (SPH) reported propane — operating income of $36.94M in Q2 2026.
How has Suburban Propane Partners's propane — operating income changed year-over-year?
Suburban Propane Partners's propane — operating income decreased by 17.6% year-over-year, from $44.83M to $36.94M.
What is the long-term trend for Suburban Propane Partners's propane — operating income?
Over 3 years (2021 to 2025), Suburban Propane Partners's propane — operating income has grown at a 3.6% compound annual growth rate (CAGR), from $330.44M to $367.39M.
What does propane — operating income mean?
The profit or loss generated by the propane segment after deducting all operating expenses, including cost of goods sold, labor, and depreciation, from segment revenue. This is the primary measure of the segment's core operational performance and its contribution to the company's total earnings. It highlights the segment's ability to generate value from its primary business activities.

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