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Suburban Propane Partners SPH Propane — Operating Income

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Other financials

Income statement

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Revenue$551.2M-6.2%
Gross profit$343.7M-0.5%
Operating income$157.9M-0.3%
Net income$137.5M+0.3%
EPS (diluted)$2.06-1.9%

Balance sheet

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Cash & equivalents$4.3M+10.6%
Total debt$1.4B-4.1%
Total assets$2.4B+1.1%

Cash flow

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Operating cash flow$116.3M+190%
CapEx$24.7M+28.1%
Free cash flow$91.5M+340%

Valuation

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Market cap$1.12B-9.3%
Enterprise value$2.48B-6.6%
P/E3.7×
P/S0.8×-0.1×

Profitability

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Gross margin63.2%+3.1pp
Operating margin16.6%
Net margin10.1%
FCF margin9.5%+4.6pp

Returns & leverage

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Current ratio1.1×0.0×

Where this comes from

Reported directly by Suburban Propane Partners in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Suburban Propane Partners’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Suburban Propane Partners's propane — operating income?
Suburban Propane Partners (SPH) reported propane — operating income of $196.72M in Q1 2026.
How has Suburban Propane Partners's propane — operating income changed year-over-year?
Suburban Propane Partners's propane — operating income decreased by 0.5% year-over-year, from $197.67M to $196.72M.
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.