Suburban Propane Partners (SPH) Operating Expenses (2009 - 2026)

Suburban Propane Partners (SPH) posted quarterly Operating Expenses of $393.3 million for Q1 2026, down 8.38% year-over-year from $429.2 million in Q1 2025, and up 209.29% on a QoQ basis from $127.2 million in Q4 2025.

Suburban Propane Partners (SPH) Operating Expenses (2009 - 2026) Analysis & Trends

Suburban Propane Partners (SPH) has reported Operating Expenses for 18 consecutive years, with $393.3 million the latest figure, recorded in 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 came in at $393.3 million for Q1 2026 at Suburban Propane Partners, up from $127.2 million in the prior quarter.
  • The five-year high for Operating Expenses was $789.7 million in Q3 2024, with the low at -$504.0 million in Q3 2025.
  • Average Operating Expenses over 5 years is $212.6 million, with a median of $127.4 million recorded in 2023.
  • Across the five-year window, Operating Expenses jumped 254.73% in 2024 and plunged 163.82% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $115.7 million in 2022, then increased by 5.5% to $122.1 million in 2023, then rose by 0.89% to $123.2 million in 2024, then rose by 3.25% to $127.2 million in 2025, then surged by 209.29% to $393.3 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $393.3 million, $127.2 million, and -$504.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Atmos Energy 28.80 Bn 28.68 Bn - -
2 Nisource 22.46 Bn 24.65 Bn 1.83 Bn 1.54 Bn
3 Ugi 7.39 Bn 6.84 Bn 1.50 Bn 1.93 Bn
4 New Jersey Resources 5.67 Bn 5.53 Bn 826.91 Mn 638.37 Mn
5 Black Hills 5.61 Bn 5.58 Bn - 578.80 Mn
6 ONE Gas 4.80 Bn 4.77 Bn 438.14 Mn 248.54 Mn
7 Mdu Resources 4.26 Bn 4.20 Bn - 490.27 Mn
8 Chesapeake Utilities 2.94 Bn 2.94 Bn 102.40 Mn 8.00 Mn
9 Centuri Holdings 2.87 Bn 2.82 Bn 35.76 Mn 32.70 Mn
10 Suburban Propane Partners 1.16 Mn -3.13 Mn 343.71 Mn 393.30 Mn

Historic Data

Download Data
DateValue
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