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