# Suburban Propane Partners LP: overview

SPH · NYSE · CIK 1005210 · [Consumer staples](/sectors/consumer-staples.md) · fiscal year ends Sep 26

Pages: [Overview](/companies/sph.md) · [Financials](/companies/sph/financials.md) · [Filings](/companies/sph/filings.md) · [Insiders](/companies/sph/insiders.md)

Latest reported revenue: [$261.4m](/filings/0001005210-26-000011.md) for Q3 FY2026, three months to 2026-06-27, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001005210-26-000011).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-09-28) | Q1 FY2025 (2024-12-28) | Q2 FY2025 (2025-03-29) | Q3 FY2025 (2025-06-28) | Q4 FY2025 (2025-09-27) | Q1 FY2026 (2025-12-27) | Q2 FY2026 (2026-03-28) | Q3 FY2026 (2026-06-27) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [209 d](/filings/0001193125-25-298630.md) | [373](/filings/0001193125-26-038903.md) | [588](/filings/0001193125-26-210853.md) | [260](/filings/0001005210-26-000011.md) | [211 d](/filings/0001193125-25-298630.md) | [370](/filings/0001193125-26-038903.md) | [551](/filings/0001193125-26-210853.md) | [261](/filings/0001005210-26-000011.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(10.8%) d](/filings/0001193125-25-298630.md) | [15.8%](/filings/0001193125-26-038903.md) | [27.0%](/filings/0001193125-26-210853.md) | [2.1%](/filings/0001005210-26-000011.md) | [(7.9%) d](/filings/0001193125-25-298630.md) | [18.3%](/filings/0001193125-26-038903.md) | [28.6%](/filings/0001193125-26-210853.md) | [0.9%](/filings/0001005210-26-000011.md) |
| Net margin | % | [(21.4%) d](/filings/0001193125-25-298630.md) | [5.2%](/filings/0001193125-26-038903.md) | [23.3%](/filings/0001193125-26-210853.md) | [(5.7%)](/filings/0001005210-26-000011.md) | [(16.6%) d](/filings/0001193125-25-298630.md) | [12.4%](/filings/0001193125-26-038903.md) | [25.0%](/filings/0001193125-26-210853.md) | [(6.7%)](/filings/0001005210-26-000011.md) |
| Diluted EPS | $ per share | not reported | [0.30](/filings/0001193125-26-038903.md) | [2.10](/filings/0001193125-26-210853.md) | [(0.23)](/filings/0001005210-26-000011.md) | not reported | [0.69](/filings/0001193125-26-038903.md) | [2.06](/filings/0001193125-26-210853.md) | [(0.26)](/filings/0001005210-26-000011.md) |
| Free cash flow | $m | [17.7 d](/filings/0001193125-25-298630.md) | [(15.1)](/filings/0001193125-26-038903.md) | [20.8 d](/filings/0001193125-26-210853.md) | [80.9 d](/filings/0001005210-26-000011.md) | [27.7 d](/filings/0001193125-25-298630.md) | [(67.5)](/filings/0001193125-26-038903.md) | [91.5 d](/filings/0001193125-26-210853.md) | [49.5 d](/filings/0001005210-26-000011.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-09-25) | FY2022 (2022-09-24) | FY2023 (2023-09-30) | FY2024 (2024-09-28) | FY2025 (2025-09-27) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,289](/filings/0000950170-23-065770.md) | [1,501](/filings/0000950170-24-131309.md) | [1,429](/filings/0001193125-25-298630.md) | [1,327](/filings/0001193125-25-298630.md) | [1,433](/filings/0001193125-25-298630.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [16.5%](/filings/0000950170-23-065770.md) | [13.7%](/filings/0000950170-24-131309.md) | [14.5%](/filings/0001193125-25-298630.md) | [12.9%](/filings/0001193125-25-298630.md) | [14.4%](/filings/0001193125-25-298630.md) |
| Net margin | % | [9.5%](/filings/0000950170-23-065770.md) | [9.3%](/filings/0000950170-24-131309.md) | [8.7%](/filings/0001193125-25-298630.md) | [5.6%](/filings/0001193125-25-298630.md) | [7.4%](/filings/0001193125-25-298630.md) |
| Diluted EPS | $ per share | [1.94](/filings/0000950170-23-065770.md) | [2.18](/filings/0000950170-24-131309.md) | [1.92](/filings/0001193125-25-298630.md) | [1.14](/filings/0001193125-25-298630.md) | [1.62](/filings/0001193125-25-298630.md) |
| Free cash flow | $m | [197](/filings/0000950170-23-065770.md) | [176](/filings/0000950170-24-131309.md) | [180](/filings/0001193125-25-298630.md) | [101](/filings/0001193125-25-298630.md) | [114](/filings/0001193125-25-298630.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/sph/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [ALPS ADVISORS INC](/funds/1376113.md) | 2026-06-30 | $251.7m | 14,720,155 |  | Reduced −655,419 |
| [MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.](/funds/1705339.md) | 2026-06-30 | $77.4m | 4,528,873 |  | Added +81,289 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $27.0m | 1,578,662 |  | Added +155,848 |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $25.0m | 1,431,306 |  | Added +29,085 |
| [BOWEN HANES & CO INC](/funds/1077583.md) | 2026-06-30 | $20.0m | 1,016,000 |  | Unchanged |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $10.9m | 636,887 |  | Reduced −285,400 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $8.8m | 514,190 |  | Added +141,197 |
| [Blackstone Inc.](/funds/1393818.md) | 2026-06-30 | $7.2m | 421,332 |  | Reduced −19,604 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $4.6m | 269,539 |  | New +269,539 |
| [Fractal Investments LLC](/funds/1843590.md) | 2026-06-30 | $3.7m | 214,864 |  | Unchanged |

## Recent filings

[All 1,081 filings](/companies/sph/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-22 | 12:04 ET | [8-K](/filings/0001193125-26-428351.md) | 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-428351 |
| 2026-10-21 | 20:30 ET | [8-K](/filings/0001193125-26-427887.md) | 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-427887 |
| 2026-08-06 | 15:37 ET | [10-Q](/filings/0001005210-26-000011.md) | Quarterly report, period 2026-06-27 | 0001005210-26-000011 |
| 2026-08-06 | 11:56 ET | [8-K](/filings/0001005210-26-000010.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001005210-26-000010 |
| 2026-07-23 | 11:32 ET | [8-K](/filings/0001005210-26-000006.md) | 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001005210-26-000006 |
| 2026-07-22 | 20:27 ET | [8-K](/filings/0001005210-26-000004.md) | 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001005210-26-000004 |
| 2026-05-07 | 14:44 ET | [10-Q](/filings/0001193125-26-210853.md) | Quarterly report, period 2026-03-28 | 0001193125-26-210853 |
| 2026-05-07 | 12:14 ET | [8-K](/filings/0001193125-26-210425.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-210425 |
| 2026-04-23 | 12:22 ET | [8-K](/filings/0001193125-26-171941.md) | 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-171941 |
| 2026-04-22 | 20:46 ET | [8-K](/filings/0001193125-26-170653.md) | 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-170653 |

## Latest annual report

[Form 10-K for the fiscal year ended Sep 27, 2025](/filings/0001193125-25-298630.md), filed Nov 26, 2025.

## Forecast league

Q4 FY2026, the quarter ended 2026-09-27, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/02228fc7-202b-4b42-ae7a-f7cc8f4ef9f4)

## About the filer

- CIK: 1005210
- Tickers: SPH
- Exchange: NYSE
- SIC code: 5900 Retail-Miscellaneous Retail
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:30 ET. No prices; not investment advice.