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| Date | Value |
|---|---|
| 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% |