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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›SPH›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

SUBURBAN PROPANE PARTNERS LP (SPH) financials

Income statement

SUBURBAN PROPANE PARTNERS LP (SPH) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$1.05B$1.19B$1.34B$1.27B$1.11B$1.29B$1.50B$1.43B$1.33B$1.43B
Revenue growth—13.6%13.2%-5.7%-12.6%16.3%16.5%-4.8%-7.1%7.9%
Operating income$90.4M$129M$158M$151M$140M$213M$206M$207M$171M$206M
Operating margin8.6%10.8%11.8%11.9%12.7%16.5%13.7%14.5%12.9%14.4%
Net income$14.4M$38.0M$76.5M$68.6M$60.8M$123M$140M$124M$74.2M$107M
Net margin1.4%3.2%5.7%5.4%5.5%9.5%9.3%8.7%5.6%7.4%
EPS (diluted)$0.24$0.62$1.24$1.10$0.97$1.94$2.18$1.92$1.14$1.62

Cash flow

SUBURBAN PROPANE PARTNERS LP (SPH) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$157M$164M$210M$227M$209M$227M$221M$225M$161M$186M
Capital expenditures$38.4M$28.2M$32.9M$35.0M$32.5M$29.9M$44.4M$44.9M$59.4M$72.0M
Free cash flow$119M$136M$178M$192M$177M$197M$176M$180M$101M$114M

Balance sheet

SUBURBAN PROPANE PARTNERS LP (SPH) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$37.3M$2.79M$5.16M$2.44M$3.14M$5.81M$4.10M$3.51M$3.22M$405K
Total assets$2.28B$2.17B$2.10B$2.00B$2.05B$2.05B$2.10B$2.27B$2.27B$2.30B
Total liabilities$1.57B$1.62B$1.61B$1.57B$1.68B$1.63B$1.61B$1.72B$1.73B$1.70B
Long-term debt$1.22B$1.27B$1.26B$1.23B$1.21B$1.12B$1.08B$1.19B$1.21B$1.21B
Shares (wtd avg diluted)61.2M61.5M61.8M62.4M62.7M63.3M64.0M64.4M64.8M65.6M

Every figure is extracted from SUBURBAN PROPANE PARTNERS LP’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is SUBURBAN PROPANE PARTNERS LP's annual revenue?
SUBURBAN PROPANE PARTNERS LP (SPH) reported $1.43B of revenue for fiscal year 2025 — up 7.9% from $1.33B in FY2024, per its annual report filed with the SEC.
Is SUBURBAN PROPANE PARTNERS LP profitable?
Yes — SPH earned $107M of net income in FY2025, a 7.4% net margin, per SEC filings.
What is SUBURBAN PROPANE PARTNERS LP's free cash flow?
$114M in FY2025 (operating cash flow $186M minus $72.0M of capital expenditures), from the SEC cash-flow statement.
Does SPH pay a dividend?
SUBURBAN PROPANE PARTNERS LP reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full SPH analysis — verdict, score & filings →Is SPH a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.