Suburban Propane Partners (SPH) Operating Expenses (2009 - 2026)
Suburban Propane Partners (SPH) recorded quarterly Operating Expenses of $393.3 million in Q1 2026, up 209.29% quarter-over-quarter from $127.2 million in Q4 2025, and down 8.38% on a YoY basis from $429.2 million in Q1 2025.
Suburban Propane Partners (SPH) Operating Expenses (2009 - 2026) Analysis & Trends
Suburban Propane Partners' Operating Expenses history runs 18 years deep, the most recent figure standing at $393.3 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 8.38% year-over-year to $393.3 million; the TTM figure through Mar 2026 stood at $134.0 million (down 90.81% YoY), while the FY2025 annual figure was $494.1 million, down 57.26% from the prior year.
- Operating Expenses was $393.3 million for Q1 2026 at Suburban Propane Partners, up from $127.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $789.7 million in Q3 2024 to a low of -$504.0 million in Q3 2025.
- Historically, Operating Expenses has averaged $212.6 million across 5 years, with a median of $127.4 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 254.73% in 2024, then tumbled 163.82% in 2025.
- A 5-year view of Operating Expenses shows it stood at $115.7 million in 2022, then advanced by 5.5% to $122.1 million in 2023, then climbed by 0.89% to $123.2 million in 2024, then climbed by 3.25% to $127.2 million in 2025, then surged by 209.29% to $393.3 million in 2026.
- The last three Operating Expenses figures came in at $393.3 million (Q1 2026), $127.2 million (Q4 2025), and -$504.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | - |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 1.54 Bn |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 1.93 Bn |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 638.37 Mn |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | 578.80 Mn |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 248.54 Mn |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | 490.27 Mn |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | 32.70 Mn |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 8.00 Mn |
| 10 | Suburban Propane Partners | 1.28 Mn | -3.01 Mn | 343.71 Mn | 393.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 393.30 Mn |
| Dec 27, 2025 | 127.16 Mn |
| Sep 27, 2025 | -504.00 Mn |
| Jun 28, 2025 | 117.53 Mn |
| Mar 29, 2025 | 429.25 Mn |
| Dec 28, 2024 | 123.15 Mn |
| Sep 28, 2024 | 789.66 Mn |
| Jun 29, 2024 | 115.88 Mn |
| Mar 30, 2024 | 361.23 Mn |
| Dec 30, 2023 | 122.07 Mn |
| Sep 30, 2023 | 222.61 Mn |
| Jun 24, 2023 | 116.64 Mn |
| Mar 25, 2023 | 127.45 Mn |
| Dec 24, 2022 | 115.71 Mn |
| Sep 24, 2022 | 275.29 Mn |
| Jun 25, 2022 | 285.56 Mn |
| Mar 26, 2022 | 396.13 Mn |
| Dec 25, 2021 | 105.73 Mn |
| Sep 25, 2021 | 766.34 Mn |
| Jun 26, 2021 | 230.08 Mn |