3 Reasons Suburban Propane Is a Buy Despite Wider Q3 Loss
SPH pairs resilient propane demand with rising RNG capacity, debt reduction and a valuation below its subindustry average.
Zacks Investment Research8/13/2026Positive
SPH
Suburban Propane Partners LPNYSEUTILITIESUTILITIES - REGULATED GAS
Key Statistics
Market Cap
$1.17B
P/E Ratio
9.21
EPS
$1.90
Beta
0.38
52W High
$20.18
52W Low
$16.24
50-Day MA
$18.00
200-Day MA
$19.14
Dividend Yield
7.32%
Profit Margin
9.37%
Forward P/E
16.61
PEG Ratio
1.21
About Suburban Propane Partners LP
Suburban Propane Partners, LP, is engaged in the marketing and retail distribution of propane, fuel oil, and refined fuels. The company is headquartered in Whippany, New Jersey.
Fundamentals
| Revenue (TTM) | $1.39B |
| Gross Profit (TTM) | $374.67M |
| EBITDA | $279.08M |
| Operating Margin | 0.78% |
| Return on Equity | 19.20% |
| Return on Assets | 5.64% |
| Revenue/Share (TTM) | $21.04 |
| Book Value | $10.69 |
| Price-to-Book | 1.66 |
| Price-to-Sales (TTM) | 0.84 |
| EV/Revenue | 1.793 |
| EV/EBITDA | 9.07 |
| Quarterly Earnings Growth (YoY) | -1.90% |
| Quarterly Revenue Growth (YoY) | 0.50% |
| Shares Outstanding | $66.71M |
| Float | $64.88M |
| % Insiders | 1.62% |
| % Institutions | 43.18% |
Historical Volatility
HV 10-Day
16.83%
HV 20-Day
22.52%
HV 30-Day
23.72%
HV 60-Day
27.71%
HV Rank
83.7%
Volatility is currently contracting
Analyst Ratings
Consensus ($17.00 target)
1
Buy1
SellLatest News
Suburban Propane Q3 Loss Widens on Costs and Weather Woes
Suburban Propane's Q3 loss widened as higher operating costs and warmer weather hurt propane demand, even as revenues edged higher.
Zacks Investment Research8/11/2026Negative
Suburban Propane Partners, L.P. Common Units (SPH) Q3 2026 Earnings Call Prepared Remarks Transcript
Suburban Propane Partners, L.P. Common Units (SPH) Q3 2026 Earnings Call Prepared Remarks Transcript
Seeking Alpha8/6/2026Neutral
Suburban Propane Partners, L.P. Announces Third Quarter Results
WHIPPANY, N.J., Aug. 6, 2026 /PRNewswire/ -- Suburban Propane Partners, L.P.
PRNewsWire8/6/2026Neutral
Suburban Propane Partners, L.P. Declares Quarterly Distribution of $0.325 per Common Unit
WHIPPANY, N.J., July 23, 2026 /PRNewswire/ -- Suburban Propane Partners, L.P.
PRNewsWire7/23/2026Neutral
Suburban Propane Partners, L.P. to Hold Fiscal 2026 Third Quarter Results Conference Call
WHIPPANY, N.J., July 22, 2026 /PRNewswire/ -- Suburban Propane Partners, L.P.
PRNewsWire7/22/2026Neutral
3 Refining & Marketing MLPs With Strong Industry Tailwinds
Following a careful analysis of the Zacks Oil and Gas - Refining & Marketing MLP industry, we advise keeping an eye on three stocks: SPH, NGL and GLP.
Zacks Investment Research7/16/2026Positive
New Strong Buy Stocks for July 13th
FOX, LION, EDRY, PTGX and SPH have been added to the Zacks Rank #1 (Strong Buy) List on July 13th, 2026.
Zacks Investment Research7/13/2026Positive
Best Income Stocks to Buy for July 13th
SPH, ARCO and FOX made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 13th, 2026.
Zacks Investment Research7/13/2026Positive
Suburban Propane: Be Wary Of This Melting Ice Cube
Suburban Propane is rated 'Sell' due to secular decline and excess debt, despite recent outperformance and a secure 6.6% dividend yield. SPH's Q2 EBITDA was flat at $175 million, with strong H1 results driven by an unusually cold winter in the Northeast. Leverage remains elevated at 4.3x, with management prioritizing debt reduction over distribution growth for the next 18-24 months.
Seeking Alpha5/13/2026Neutral
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Data last updated: 8/18/2026