Suburban Propane Partners (SPH) Operating Expenses (2009 - 2026)
Suburban Propane Partners' Operating Expenses came in at $259.16 million for fiscal Q3 2026 (quarter ended Jun 27, 2026), up 1.8% from $254.56 million a year earlier but down 34.1% from the prior quarter.
Suburban Propane Partners (SPH) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 27, 2026, Suburban Propane Partners reported Operating Expenses of $1.18 billion, down 3.7% year-over-year; for FY2025 (ended Sep 27, 2025), it came in at $1.23 billion, up 6.1% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 4.9% (FY2020 to FY2025).
- Going back by fiscal year, Operating Expenses was $1.16 billion in FY2024 (-5.4%), $1.22 billion in FY2023 (-5.6%), $1.3 billion in FY2022 (+20.4%) and $1.08 billion in FY2021 (+11.2%).
- The five-year range for quarterly Operating Expenses is $207.85 million (fiscal Q4 2021) to $429.25 million (fiscal Q2 2025).
- Year-over-year, Operating Expenses increased in four of the last eight quarters, with growth averaging 1.7%.
- The fastest year-over-year change in Operating Expenses over five years came in fiscal Q1 2022 (growth of 36.6%), and the weakest in fiscal Q4 2023 (a decline of 19.1%).
- Business Quant data shows SPH's Operating Expenses at $393.3 million (Q2 2026), $302.74 million (Q1 2026) and $228.13 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 103.92 Bn | 76.72 Bn | 12.69 Bn | 46.04 Bn |
| 2 | Valero Energy | 98.70 Bn | 70.56 Bn | 9.41 Bn | 308.00 Mn |
| 3 | HF Sinclair | 17.12 Bn | 9.40 Bn | 3.15 Bn | 8.19 Bn |
| 4 | Sunoco | 8.45 Bn | 5.30 Bn | 1.56 Bn | 17.29 Bn |
| 5 | PBF Energy | 7.96 Bn | 3.45 Bn | 2.17 Bn | 10.03 Bn |
| 6 | Ultrapar Holdings | 5.80 Bn | -1.43 Bn | 912.61 Mn | 124.47 Mn |
| 7 | Delek US Holdings | 3.90 Bn | 1.39 Bn | 365.10 Mn | 3.78 Bn |
| 8 | Cvr Energy | 3.81 Bn | 775.98 Mn | 783.00 Mn | 56.00 Mn |
| 9 | Icahn Enterprises | 3.40 Bn | -2.86 Bn | - | 3.29 Bn |
| 10 | Suburban Propane Partners | 1.15 Bn | 1.14 Bn | 160.33 Mn | 259.16 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 259.16 Mn |
| Mar 28, 2026 | 393.30 Mn |
| Dec 27, 2025 | 302.74 Mn |
| Sep 27, 2025 | 228.13 Mn |
| Jun 28, 2025 | 254.56 Mn |
| Mar 29, 2025 | 429.25 Mn |
| Dec 28, 2024 | 314.27 Mn |
| Sep 28, 2024 | 231.19 Mn |
| Jun 29, 2024 | 246.42 Mn |
| Mar 30, 2024 | 361.23 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 | 335.16 Mn |
| Sep 24, 2022 | 275.29 Mn |
| Jun 25, 2022 | 285.56 Mn |
| Mar 26, 2022 | 396.13 Mn |
| Dec 25, 2021 | 338.15 Mn |
| Sep 25, 2021 | 207.85 Mn |
Suburban Propane Partners Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SPH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();