Suburban Propane Partners (SPH) Gross Margin (2009 - 2026)
Suburban Propane Partners (SPH) posted Gross Margin of 61.34% for Q2 2026, down 1.63% on a QoQ basis from 62.36% in Q1 2026, and down 39.0% year-over-year from 100.56% in Q2 2025.
Analysis
Suburban Propane Partners (SPH) Gross Margin (2009 - 2026) Analysis & Trends
Suburban Propane Partners has reported Gross Margin for 18 years, with the latest figure at 61.34% in Q2 2026.
- On a quarterly basis, Gross Margin fell 39.0% year-over-year to 61.34% in Q2 2026; TTM through Jun 2026 was 63.14%, a 326.0% increase from a year earlier, with the FY2025 full-year figure at 60.65%, changed 0.0% from the prior year.
- Gross Margin was 61.34% for Q2 2026 at Suburban Propane Partners, down from 62.36% in the prior quarter.
- The five-year high for Gross Margin was 71.13% in Q3 2023, with the low at 42.84% in Q3 2022.
- Average Gross Margin over 5 years is 59.63%, with a median of 60.47% recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 2475 bps in 2022, then surged 2828 bps in 2023.
- Over 5 years, Gross Margin stood at 54.05% in 2022, then climbed by 8 bps to 58.16% in 2023, then gained by 4 bps to 60.58% in 2024, then rose by 7 bps to 64.67% in 2025, then decreased by 5 bps to 61.34% in 2026.
- The last three Gross Margin figures came in at 61.34% (Q2 2026), 62.36% (Q1 2026), and 64.67% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunoco | 10.64 Bn | 9.87 Bn | 1.46 Bn | 10.27% |
| 2 | Ultrapar Holdings | 7.97 Bn | 5.85 Bn | 912.61 Mn | 11.12% |
| 3 | Bw Lpg | 3.70 Bn | 3.39 Bn | - | - |
| 4 | World Kinect | 1.82 Bn | 1.61 Bn | 365.10 Mn | 2.69% |
| 5 | Global Partners | 1.81 Bn | 1.77 Bn | 328.94 Mn | 4.84% |
| 6 | Suburban Propane Partners | 1.16 Bn | 1.16 Bn | 160.33 Mn | 61.34% |
| 7 | CrossAmerica Partners | 885.94 Mn | 878.73 Mn | 112.79 Mn | 9.57% |
| 8 | Star | 423.90 Mn | 316.51 Mn | 162.87 Mn | 45.49% |
| 9 | Genie Energy | 409.80 Mn | 214.82 Mn | 33.67 Mn | 33.54% |
| 10 | TMD Energy | 16.67 Mn | 8.25 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 61.34% |
| 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% |