Suburban Propane Partners (SPH) Gross Margin (2009 - 2026)
Suburban Propane Partners' Gross Margin was 61.34% in fiscal Q3 2026 (quarter ended Jun 27, 2026), down 0.39 percentage points from 61.73% a year earlier and down 1.02 percentage points from the prior quarter.
Suburban Propane Partners (SPH) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Suburban Propane Partners' Gross Margin was 63.14% through Jun 27, 2026, up 3.26 percentage points year-over-year; for FY2025 (ended Sep 27, 2025), it was 60.65%, unchanged from FY2024.
- Gross Margin shows a five-year change of -4.79 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Gross Margin was 60.65% in FY2024 (+1.94 pp), 58.71% in FY2023 (+6.14 pp), 52.57% in FY2022 (-9.76 pp) and 62.33% in FY2021 (-3.10 pp).
- The fiscal Q3 2026 figure marks the lowest quarterly Gross Margin since fiscal Q2 2025.
- Compared with a year earlier, Gross Margin was higher in four of the last eight quarters, with an average year-over-year change of -0.12 percentage points.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q4 2023 (a gain of 28.28 percentage points); the worst was fiscal Q4 2022 (a drop of 24.75 percentage points).
- Per Business Quant data, SPH's Gross Margin in the three fiscal quarters before Q3 2026 was 62.36% (Q2 2026), 64.67% (Q1 2026) and 64.70% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Valero Energy | 112.13 Bn | 92.34 Bn | 5.47 Bn | 12.30% |
| 2 | Marathon Petroleum | 109.39 Bn | 99.79 Bn | 9.27 Bn | 17.72% |
| 3 | HF Sinclair | 18.88 Bn | 13.11 Bn | 1.57 Bn | 15.14% |
| 4 | Sunoco | 10.20 Bn | 4.58 Bn | 1.46 Bn | 10.27% |
| 5 | PBF Energy | 8.88 Bn | 6.58 Bn | 1.15 Bn | 9.82% |
| 6 | Ultrapar Holdings | 7.63 Bn | 1.41 Bn | 912.61 Mn | - |
| 7 | Cvr Energy | 5.10 Bn | 2.89 Bn | 117.00 Mn | 4.27% |
| 8 | Icahn Enterprises | 4.88 Bn | -880.12 Mn | - | - |
| 9 | Delek US Holdings | 4.13 Bn | 1.86 Bn | 365.10 Mn | 8.93% |
| 10 | Suburban Propane Partners | 1.10 Bn | 1.09 Bn | 160.33 Mn | 61.34% |
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% |
Suburban Propane Partners Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SPH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();