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 | Valero Energy | 112.13 Bn | 92.34 Bn | 5.47 Bn | 266.00 Mn |
| 2 | Marathon Petroleum | 109.39 Bn | 99.79 Bn | 9.27 Bn | 45.02 Bn |
| 3 | HF Sinclair | 18.88 Bn | 13.11 Bn | 1.57 Bn | 9.22 Bn |
| 4 | Sunoco | 10.20 Bn | 4.58 Bn | 1.46 Bn | 13.68 Bn |
| 5 | PBF Energy | 8.88 Bn | 6.58 Bn | 1.15 Bn | 10.41 Bn |
| 6 | Ultrapar Holdings | 7.63 Bn | 1.41 Bn | 912.61 Mn | -124.47 Mn |
| 7 | Cvr Energy | 5.10 Bn | 2.89 Bn | 117.00 Mn | 52.00 Mn |
| 8 | Icahn Enterprises | 4.88 Bn | -880.12 Mn | - | 3.36 Bn |
| 9 | Delek US Holdings | 4.13 Bn | 1.86 Bn | 365.10 Mn | 3.78 Bn |
| 10 | Suburban Propane Partners | 1.10 Bn | 1.09 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();