Suburban Propane Partners (SPH) Gross Margin (2009 - 2026)

Suburban Propane Partners (SPH) recorded quarterly Gross Margin of 62.36% in Q1 2026, down 3.59% quarter-over-quarter from 64.67% in Q4 2025, and up 360.0% on a YoY basis from 13.56% in Q1 2025.

Suburban Propane Partners (SPH) Gross Margin (2009 - 2026) Analysis & Trends

Suburban Propane Partners' Gross Margin history runs 18 years deep, the most recent figure standing at 62.36% for Q1 2026.

  • In Q1 2026, Gross Margin rose 360.0% year-over-year to 62.36%; the TTM figure through Mar 2026 stood at 63.21% (up 313.0% YoY), while the FY2025 annual figure was 60.65%, changed 0.0% from the prior year.
  • Gross Margin was 62.36% for Q1 2026 at Suburban Propane Partners, down from 64.67% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 71.13% in Q3 2023 to a low of 42.84% in Q3 2022.
  • Historically, Gross Margin has averaged 59.53% across 5 years, with a median of 60.36% in 2023.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin sank 2475 bps in 2022, then jumped 2828 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 54.05% in 2022, then advanced by 8 bps to 58.16% in 2023, then rose by 4 bps to 60.58% in 2024, then increased by 7 bps to 64.67% in 2025, then decreased by 4 bps to 62.36% in 2026.
  • The last three Gross Margin figures came in at 62.36% (Q1 2026), 64.67% (Q4 2025), and 64.7% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Atmos Energy 28.34 Bn 28.21 Bn - -
2 Nisource 22.33 Bn 24.52 Bn 1.83 Bn 78.93%
3 Ugi 7.49 Bn 6.94 Bn 1.50 Bn 55.79%
4 New Jersey Resources 5.59 Bn 5.45 Bn 826.91 Mn 88.02%
5 Black Hills 5.49 Bn 5.46 Bn - -
6 ONE Gas 4.93 Bn 4.91 Bn 438.14 Mn 52.68%
7 Mdu Resources 4.39 Bn 4.33 Bn - -
8 Centuri Holdings 3.01 Bn 2.95 Bn 35.76 Mn 4.94%
9 Chesapeake Utilities 2.96 Bn 2.96 Bn 102.40 Mn 41.08%
10 Suburban Propane Partners 1.28 Mn -3.01 Mn 343.71 Mn 62.36%

Historic Data

Download Data
DateValue
Mar 28, 2026 62.36%
Dec 27, 2025 64.67%
Sep 27, 2025 64.70%
Jun 28, 2025 61.73%
Mar 29, 2025 58.76%
Dec 28, 2024 60.58%
Sep 28, 2024 59.44%
Jun 29, 2024 62.92%
Mar 30, 2024 61.83%
Dec 30, 2023 58.16%
Sep 30, 2023 71.13%
Jun 24, 2023 60.36%
Mar 25, 2023 56.01%
Dec 24, 2022 54.05%
Sep 24, 2022 42.84%
Jun 25, 2022 53.08%
Mar 26, 2022 59.36%
Dec 25, 2021 47.70%
Sep 25, 2021 67.60%
Jun 26, 2021 65.11%