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
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