📊 SPH Key Takeaways
Is Suburban Propane Partners LP (SPH) a Good Investment?
SPH demonstrates strong profitability with excellent net income growth of 43.7% YoY and healthy operating margins of 24.5%, indicating solid operational performance. However, tight liquidity metrics (1.08x current ratio, 0.82x quick ratio) combined with minimal cash reserves ($4.3M) and a significant gap between reported earnings and operating cash flow raise concerns about financial flexibility and earnings quality.
Suburban Propane Partners LP Key Strengths (SPH)
- Exceptional earnings growth of 43.7% YoY with EPS growth of 42.1%
- Strong net margin of 19.9% and operating margin of 24.5% indicating pricing power and operational efficiency
- Positive free cash flow of $24.1M and adequate interest coverage of 5.7x demonstrating debt serviceability
SPH Stock Risks: Suburban Propane Partners LP Investment Risks
- Severely constrained liquidity with $4.3M cash against $1.3B long-term debt and 0.82x quick ratio limiting operational flexibility
- Significant divergence between net income ($183.3M) and operating cash flow ($68.6M) suggests potential working capital issues or earnings quality concerns
- High leverage with total liabilities of $1.7B against total assets of $2.4B leaves limited margin for error in downturns
Key Metrics to Watch
- Operating cash flow trend and working capital management to validate earnings quality
- Current ratio and cash position improvement to assess liquidity risk mitigation
- Free cash flow growth and debt reduction rate to evaluate financial deleveraging progress
Suburban Propane Partners LP (SPH) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The relatively thin 2.6% FCF margin may limit capital allocation flexibility.
SPH Profit Margin, ROE & Profitability Analysis
SPH vs Consumer Sector: How Suburban Propane Partners LP Compares
How Suburban Propane Partners LP compares to Consumer sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Suburban Propane Partners LP Stock Overvalued? SPH Valuation Analysis 2026
Based on fundamental analysis, Suburban Propane Partners LP has mixed fundamental signals relative to the Consumer sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Suburban Propane Partners LP Balance Sheet: SPH Debt, Cash & Liquidity
SPH Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Suburban Propane Partners LP's revenue has grown significantly by 11% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.92 reflects profitable operations.
SPH Revenue Growth, EPS Growth & YoY Performance
SPH Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $551.2M | $137.1M | $2.06 |
| Q1 2026 | $370.4M | $19.4M | $0.30 |
| Q3 2025 | $254.6M | -$14.8M | $-0.23 |
| Q2 2025 | $498.1M | $111.5M | $1.72 |
| Q1 2025 | $365.8M | $19.4M | $0.30 |
| Q3 2024 | $254.6M | -$5.3M | $-0.08 |
| Q2 2024 | $498.1M | $104.5M | $1.62 |
| Q1 2024 | $365.8M | $24.5M | $0.38 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Suburban Propane Partners LP Dividends, Buybacks & Capital Allocation
SPH SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Suburban Propane Partners LP (CIK: 0001005210)
📋 Recent SEC Filings
❓ Frequently Asked Questions about SPH
What is the AI rating for SPH?
Suburban Propane Partners LP (SPH) has an AI grade of B with 68% confidence, based on fundamental analysis of SEC EDGAR filings.
What are SPH's key strengths?
Claude: Exceptional earnings growth of 43.7% YoY with EPS growth of 42.1%. Strong net margin of 19.9% and operating margin of 24.5% indicating pricing power and operational efficiency.
What are the risks of investing in SPH?
Claude: Severely constrained liquidity with $4.3M cash against $1.3B long-term debt and 0.82x quick ratio limiting operational flexibility. Significant divergence between net income ($183.3M) and operating cash flow ($68.6M) suggests potential working capital issues or earnings quality concerns.
What is SPH's revenue and growth?
Suburban Propane Partners LP reported revenue of $921.6M.
Does SPH pay dividends?
Suburban Propane Partners LP does not currently pay dividends.
Where can I find SPH SEC filings?
Official SEC filings for Suburban Propane Partners LP (CIK: 0001005210) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is SPH's EPS?
Suburban Propane Partners LP has a diluted EPS of $2.75.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is SPH's fundamental grade?
Based on our AI fundamental analysis in May 2026, Suburban Propane Partners LP has a B grade with 68% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is SPH stock overvalued or undervalued?
Valuation metrics for SPH: ROE of N/A (sector avg: 18%), net margin of 19.9% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.
What is SPH's AI grade for 2026?
Our dual AI analysis gives Suburban Propane Partners LP a combined B grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is SPH's free cash flow?
Suburban Propane Partners LP's operating cash flow is $68.6M, with capital expenditures of $44.5M. FCF margin is 2.6%.
How does SPH compare to other Consumer stocks?
Vs Consumer sector averages: Net margin 19.9% (avg: 8%), ROE N/A (avg: 18%), current ratio 1.08 (avg: 1.5).