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

Suburban Propane Partners (SPH) posted quarterly Net Margin of 24.95% for Q1 2026, up 162.0% year-over-year from 9.52% in Q1 2025, and up 101.88% on a QoQ basis from 12.36% in Q4 2025.

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

Suburban Propane Partners (SPH) has reported Net Margin for 18 consecutive years, with 24.95% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Net Margin rose 162.0% year-over-year to 24.95%; the TTM figure through Mar 2026 stood at 9.61% (up 296.0% YoY), while the FY2025 annual figure was 7.48%, up 189.0% from the prior year.
  • Net Margin came in at 24.95% for Q1 2026 at Suburban Propane Partners, up from 12.36% in the prior quarter.
  • The five-year high for Net Margin was 29.77% in Q1 2022, with the low at 22.79% in Q3 2022.
  • Average Net Margin over 5 years is 4.18%, with a median of 5.2% recorded in 2024.
  • Across the five-year window, Net Margin slumped 1497 bps in 2022 and jumped 1359 bps in 2023, its largest moves.
  • Year by year, Net Margin stood at 11.42% in 2022, then tumbled by 41 bps to 6.68% in 2023, then fell by 22 bps to 5.2% in 2024, then surged by 138 bps to 12.36% in 2025, then surged by 102 bps to 24.95% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 24.95%, 12.36%, and 16.35% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Atmos Energy 28.80 Bn 28.68 Bn - 29.65%
2 Nisource 22.46 Bn 24.65 Bn 1.83 Bn 21.99%
3 Ugi 7.39 Bn 6.84 Bn 1.50 Bn 19.37%
4 New Jersey Resources 5.67 Bn 5.53 Bn 826.91 Mn 23.01%
5 Black Hills 5.61 Bn 5.58 Bn - 17.05%
6 ONE Gas 4.80 Bn 4.77 Bn 438.14 Mn 15.47%
7 Mdu Resources 4.26 Bn 4.20 Bn - -0.02%
8 Chesapeake Utilities 2.94 Bn 2.94 Bn 102.40 Mn 23.79%
9 Centuri Holdings 2.87 Bn 2.82 Bn 35.76 Mn -1.31%
10 Suburban Propane Partners 1.16 Mn -3.13 Mn 343.71 Mn 24.95%

Historic Data

Download Data
DateValue
Mar 28, 2026 24.95%
Dec 27, 2025 12.36%
Sep 27, 2025 -16.35%
Jun 28, 2025 -5.70%
Mar 29, 2025 23.33%
Dec 28, 2024 5.20%
Sep 28, 2024 -21.37%
Jun 29, 2024 -6.75%
Mar 30, 2024 22.39%
Dec 30, 2023 6.68%
Sep 30, 2023 -9.20%
Jun 24, 2023 -1.89%
Mar 25, 2023 19.84%
Dec 24, 2022 11.42%
Sep 24, 2022 -22.79%
Jun 25, 2022 -0.84%
Mar 26, 2022 29.77%
Dec 25, 2021 5.67%
Sep 25, 2021 -7.82%
Jun 26, 2021 -10.93%