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% quarter-over-quarter from $127.2 million in Q4 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 91.88% YoY), while the FY2025 annual figure was $494.1 million, down 57.26% from the prior year.
- Operating Expenses for Q1 2026 stood at $393.3 million, 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.
- The 5-year median for Operating Expenses is $263.8 million (2023), against an average of $230.1 million.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 254.73% in 2024, then slumped 163.82% in 2025.
- Suburban Propane Partners' Operating Expenses stood at $115.7 million in 2022, then surged by 174.03% to $317.1 million in 2023, then slipped by 0.89% to $314.3 million in 2024, then tumbled by 59.54% to $127.2 million in 2025, then jumped by 209.29% to $393.3 million in 2026.
- Business Quant data shows SPH's Operating Expenses at $393.3 million in Q1 2026, $127.2 million in Q4 2025, and -$504.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.91 Bn | 28.39 Bn | - | - |
| 2 | Nisource | 20.11 Bn | 20.04 Bn | 867.50 Mn | 1.11 Bn |
| 3 | Ugi | 8.21 Bn | 7.74 Bn | 573.00 Mn | 1.38 Bn |
| 4 | Black Hills | 5.61 Bn | 5.53 Bn | - | 355.80 Mn |
| 5 | New Jersey Resources | 5.56 Bn | 5.52 Bn | 243.61 Mn | 317.29 Mn |
| 6 | ONE Gas | 5.16 Bn | 5.13 Bn | 272.01 Mn | 238.68 Mn |
| 7 | Mdu Resources | 4.30 Bn | 4.25 Bn | - | 327.36 Mn |
| 8 | Chesapeake Utilities | 3.31 Bn | 3.29 Bn | 150.20 Mn | 149.00 Mn |
| 9 | Centuri Holdings | 2.21 Bn | 2.17 Bn | 69.14 Mn | 37.24 Mn |
| 10 | Suburban Propane Partners | 1.18 Bn | 1.17 Bn | 160.33 Mn | 259.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 259.16 Mn |
| 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 | 314.27 Mn |
| Sep 28, 2024 | 789.66 Mn |
| Jun 29, 2024 | 115.88 Mn |
| Mar 30, 2024 | 128.31 Mn |
| Dec 30, 2023 | 317.09 Mn |
| Sep 30, 2023 | 222.61 Mn |
| Jun 24, 2023 | 263.76 Mn |
| Mar 25, 2023 | 400.82 Mn |
| Dec 24, 2022 | 115.71 Mn |
| Sep 24, 2022 | 275.29 Mn |
| Jun 25, 2022 | 285.56 Mn |
| Mar 26, 2022 | 119.42 Mn |
| Dec 25, 2021 | 105.73 Mn |
| Sep 25, 2021 | 207.85 Mn |