Suburban Propane Partners (SPH) Gross Margin (2009 - 2026)
Suburban Propane Partners (SPH) posted quarterly Gross Margin of 62.36% for Q1 2026, up 360.0% year-over-year from 13.56% in Q1 2025, and down 3.59% quarter-over-quarter from 64.67% in Q4 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 for Q1 2026 stood at 62.36%, down from 64.67% 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.
- The 5-year median for Gross Margin is 60.36% (2023), against an average of 59.53%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 2475 bps in 2022, then soared 2828 bps in 2023.
- Suburban Propane Partners' Gross Margin stood at 54.05% in 2022, then gained by 8 bps to 58.16% in 2023, then increased by 4 bps to 60.58% in 2024, then grew by 7 bps to 64.67% in 2025, then retreated by 4 bps to 62.36% in 2026.
- Business Quant data shows SPH's Gross Margin at 62.36% in Q1 2026, 64.67% in Q4 2025, and 64.7% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.09 Bn | 28.56 Bn | - | - |
| 2 | Nisource | 20.18 Bn | 20.11 Bn | 867.50 Mn | 64.62% |
| 3 | Ugi | 8.21 Bn | 7.74 Bn | 573.00 Mn | 43.05% |
| 4 | Black Hills | 5.61 Bn | 5.53 Bn | - | - |
| 5 | New Jersey Resources | 5.58 Bn | 5.54 Bn | 243.61 Mn | 69.77% |
| 6 | ONE Gas | 5.17 Bn | 5.14 Bn | 272.01 Mn | 66.08% |
| 7 | Mdu Resources | 4.31 Bn | 4.27 Bn | - | - |
| 8 | Chesapeake Utilities | 3.31 Bn | 3.29 Bn | 150.20 Mn | 74.39% |
| 9 | Brookfield Infrastructure | 2.21 Bn | 1.44 Bn | 572.00 Mn | 60.85% |
| 10 | Suburban Propane Partners | 1.18 Bn | 1.18 Bn | 160.33 Mn | 61.34% |
Historic Data
Download 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% |