SPH vs BWLP Stock Comparison

Suburban Propane Partners and Bw Lpg Prices as of Oct 23, 2026 Peers: Industry group
BWLP BW LPG Ltd
$25.56 +5.1% 1M +100.3% 1Y
Market cap
$3.94B
P/E
13.8x
Revenue (TTM)
$2.61B
Div. yield
–
Fuel Distribution Energy
8 wins

Head to Head

11 decided of 12

Bw Lpg leads on 8 of the 12 questions below (Bw Lpg 8, Suburban Propane Partners 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSPHBWLPLeader
Larger companyMarket capitalisation $1.20B $3.94B BWLP
Cheaper on earningsLower P/E, profitable companies only 9.2x 13.8x SPH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 9.1x 5.6x BWLP
Faster revenue growthRevenue growth, trailing twelve months -2.5% -2.5% SPH
More profitableNet margin, trailing twelve months 9.4% 10.9% BWLP
Better return on capitalReturn on invested capital 10.6% 13.0% BWLP
Less leveragedLower net debt / EBITDA 4.4x 0.8x BWLP
Higher dividend yieldTrailing dividend yield 0.07% 0.00% –
Better 1-year returnPrice return, last 12 months -6.7% +100.3% BWLP
Better 5-year returnAnnualised price return, 5 years +2.0%/yr +36.3%/yr BWLP
Less volatileAnnualised volatility, 1 year 21.6% 39.5% SPH
Higher overall scoreMean of the five percentile scores vs peers 34/100 62/100 BWLP

Percentile Scorecard

SPHBWLP

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisSPHBWLP
Valuation 32 #16 of 23 41 #14 of 23
Growth 28 #14 of 19 0 #19 of 19
Profitability 56 #9 of 19 83 #4 of 19
Financial Health 21 #20 of 25 83 #5 of 25
Shareholder Returns 35 #12 of 18 100 #1 of 18
Overall 34 62
  • SPH ranked among 25 companies in Refining and Marketing
  • BWLP ranked among 25 companies in Refining and Marketing

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodSPHBWLPSPY
1 month +7.2%+5.1% -1.0%
3 months -4.3%+17.1% +2.9%
6 months -8.0%+37.8% +6.4%
Year to date -4.3%+95.1% +11.4%
1 year -6.7%+100.3% +13.1%
3 years +5.0%+102.5% +79.4%
3 years, per year +1.6%+26.5% +21.5%
5 years +10.7%+369.9% +67.7%
5 years, per year +2.0%+36.3% +10.9%
10 years -47.3%+714.0% +255.2%
10 years, per year -6.2%+23.3% +13.5%

Risk

MeasureSPHBWLPSPY
Volatility, 1Y 21.6%39.5% 12.7%
Downside volatility, 1Y 23.0%41.1% 12.7%
Beta vs S&P 500, 1Y -0.070.37 1.00
Return / volatility, 1Y -0.312.54 1.03
Max drawdown, 5Y -26.1%-61.2% -25.4%
From 52-week high -14.2%-2.9% -2.5%
52-week high $20.68$26.31 $779.14
52-week low $16.40$11.99 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleSPHBWLP
P/E now vs peer median 9.1xmedian 10.4x 13.6xmedian 10.4x
P/S now vs peer median 0.8xmedian 0.3x 1.5xmedian 0.3x
EV/EBITDA now vs peer median 8.6xmedian 7.1x 7.0xmedian 7.1x
P/FCF now vs peer median 11.7xmedian 9.4x 5.4xmedian 9.4x
P/B now vs peer median 1.7xmedian 1.9x 1.9xmedian 1.9x
PEG now vs peer median 0.79median 0.30 —median 0.30

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsSPHBWLP
Revenue $1.39B $2.61B
Gross profit $880.33M –
Operating income $211.03M $360.05M
Net income $130.66M $504.96M
Free cash flow $101.29M $721.10M
EPS (diluted) $1.96 $1.87
Cash & equivalents $5.03M $303.86M
Total debt $1.22B $3.13B
Shares (diluted) 66.68M 151.90M
Enterprise value $1.19B $2.92B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricSPHBWLP
P/E 9.1x 13.6x
P/FCF 11.7x 5.4x
P/Operating cash flow 6.5x 10.4x
P/S 0.8x 1.5x
P/B 1.7x 1.9x
P/Tangible book 1.9x 1.9x
EV/EBITDA 8.6x 7.0x
EV/EBIT 11.4x 12.2x
EV/Revenue 1.7x 1.7x
EV/FCF 23.7x 6.1x
EV/Operating cash flow 13.2x 11.8x
PEG (3Y EPS CAGR) 0.79 –

Growth

14 metrics
MetricSPHBWLP
Revenue growth (1Y) -2.5% -2.5%
Revenue CAGR (3Y) -1.1% –
Gross profit growth (1Y) 2.8% –
Gross profit CAGR (3Y) 4.1% –
Operating income growth (1Y) 5.2% 11.0%
Operating income CAGR (3Y) 8.5% –
Net income growth (1Y) 34.5% 86.9%
Net income CAGR (3Y) 13.0% –
EPS growth (1Y) 31.9% -68.3%
EPS CAGR (3Y) 11.5% –
Operating cash flow growth (1Y) 0.1% -32.7%
Operating cash flow CAGR (3Y) -5.8% –
Free cash flow growth (1Y) -2.9% -37.3%
Free cash flow CAGR (3Y) -16.2% –

Profitability

14 metrics
MetricSPHBWLP
Gross margin 63.1% –
EBITDA margin 20.0% 24.0%
Operating margin 15.1% 13.8%
Pretax margin 9.4% 13.1%
Net margin 9.4% 10.9%
FCF margin 7.3% 27.6%
Operating cash flow margin 13.0% 14.2%
Return on equity 17.9% 24.8%
Return on assets 5.5% 15.0%
Return on invested capital 10.6% 13.0%
Return on capital employed 9.8% 13.4%
Asset turnover 0.6x 0.8x
Cash conversion (OCF / net income) 1.4x 0.7x
Stock comp / revenue 0.5% 0.0%

Financial Health

11 metrics
MetricSPHBWLP
Debt / assets 51.9% 24.0%
Debt / equity 1.7x 0.4x
Net debt / EBITDA 4.4x 0.8x
Debt / FCF 12.1x 1.1x
Liabilities / assets 69.7% 39.4%
Equity / assets 30.3% 60.6%
Interest coverage 2.8x 3.8x
Current ratio 0.8x 1.4x
Quick ratio 0.4x 1.1x
Cash ratio 0.0x 0.5x
Altman Z-score – 3.25

Shareholder Returns

7 metrics
MetricSPHBWLP
Dividend yield 7.4% 81.8%
Net buyback yield -1.4% –
Shareholder yield 6.0% 81.8%
Payout ratio (earnings) 65.7% –
Payout ratio (FCF) 84.7% –
Dividend growth (1Y) 2.5% –
Dividend CAGR (3Y) 1.4% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusSPHBWLP
Forward P/E 9.1xFY2026 5.6xFY2026
EPS, next fiscal year $1.94FY2026 $4.57FY2026
EPS growth, next FY -4.9%FY2026 +290.6%FY2026
EPS growth, the year after +2.1% -59.3%
Revenue, next fiscal year $1.34BFY2026 $1.20BFY2026
Revenue growth, next FY -6.6%FY2026 +69.7%FY2026
Revenue growth, the year after +3.9% -31.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSPHBWLP
Held by institutions 43.1% 16.1%
Institutions holding 145 105
Change in shares held, QoQ +3.8% +18.9%
Institutions buying 60 62
Institutions selling 33 23
Buyers to sellers 1.82 2.70

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

SPHBWLP
SPH 1.00 0.14
BWLP 0.14 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, SPH and BWLP?

Bw Lpg (BWLP) is the largest by market capitalisation: Suburban Propane Partners (SPH) $1.20B, Bw Lpg (BWLP) $3.94B.

Which stock is cheaper, SPH and BWLP?

Suburban Propane Partners (SPH) trades on the lowest price-to-earnings ratio (Suburban Propane Partners (SPH) 9.2x, Bw Lpg (BWLP) 13.8x). On next year's consensus earnings, Bw Lpg (BWLP) is cheapest (Suburban Propane Partners (SPH) 9.1x, Bw Lpg (BWLP) 5.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Suburban Propane Partners (SPH) grew revenue fastest over the trailing twelve months: Suburban Propane Partners (SPH) -2.5%, Bw Lpg (BWLP) -2.5%.

Which company is more profitable?

Bw Lpg (BWLP) has the highest net margin (Suburban Propane Partners (SPH) 9.4%, Bw Lpg (BWLP) 10.9%). On return on invested capital, Bw Lpg (BWLP) leads (Suburban Propane Partners (SPH) 10.6%, Bw Lpg (BWLP) 13.0%).

Which stock has performed better?

Over the past year Bw Lpg (BWLP) returned the most: Suburban Propane Partners (SPH) -6.7%, Bw Lpg (BWLP) +100.3%. Over five years, Bw Lpg (BWLP) compounded fastest (Suburban Propane Partners (SPH) +2.0%/yr, Bw Lpg (BWLP) +36.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Suburban Propane Partners (SPH) 0.07%, Bw Lpg (BWLP) 0.00%. Bw Lpg (BWLP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Suburban Propane Partners (SPH) has been the steadiest (Suburban Propane Partners (SPH) 21.6%, Bw Lpg (BWLP) 39.5%). Volatility measures how widely the price swings, not the risk of the business.

Do SPH and BWLP move together?

Their daily returns over the past year have a correlation of 0.14, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, SPH and BWLP?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Bw Lpg (BWLP) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.