Last 48 quarters of trend data · Utilities · Regulated Gas
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Suburban Propane Partners, L.P.'s quarterly P/E stands at 2.5x, down 2.3% year-over-year. EV/EBITDA has compressed 47.6% YoY to 2.1x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 10.22 | 2.47 | 6.82 | — | — | 2.53 | 14.41 | — | — | 2.97 | 11.68 | — | — |
| — | -2.3% | -52.7% | — | — | -14.8% | +23.3% | — | — | +29.7% | +117.3% | — | — | |
| P/S Ratio | 0.77 | 0.62 | 0.84 | 1.44 | 1.17 | 0.59 | 0.75 | 1.39 | 1.20 | 0.66 | 0.78 | 1.13 | 0.85 |
| — | +4.8% | +12.6% | +3.7% | -2.6% | -11.2% | -4.0% | +23.1% | +41.3% | +46.5% | +27.2% | +13.0% | +5.3% | |
| P/B Ratio | 1.81 | 1.83 | 2.00 | 2.04 | 1.88 | 2.07 | 2.05 | 2.12 | 2.01 | 2.06 | 2.08 | 1.88 | 1.62 |
| — | -11.3% | -2.8% | -4.0% | -6.5% | +0.2% | -1.2% | +13.2% | +24.2% | +31.2% | +11.3% | -1.9% | -5.4% | |
| P/FCF | 18.93 | 3.72 | — | 11.02 | 3.76 | 16.68 | — | 16.40 | 9.50 | 5.46 | — | 5.54 | 5.59 |
| — | -77.7% | — | -32.8% | -60.4% | +205.4% | — | +195.9% | +69.9% | — | — | -55.1% | +49.0% | |
| EV / EBITDA | 8.71 | 2.09 | 8.26 | 344.34 | 26.31 | 3.98 | 8.39 | — | 26.10 | 4.36 | 9.66 | 27.76 | 18.79 |
| — | -47.6% | -1.6% | — | +0.8% | -8.8% | -13.2% | — | +38.9% | +6.5% | +32.9% | — | -0.7% | |
| EV / EBIT | 11.75 | 2.30 | 10.50 | — | 149.26 | 4.44 | 16.14 | — | 433.00 | 5.10 | 14.68 | — | 41.65 |
| — | -48.2% | -35.0% | — | -65.5% | -12.9% | +10.0% | — | +939.6% | +9.4% | +62.7% | — | -2.6% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Suburban Propane Partners, L.P.'s operating margin was 28.9% in Q2 2026, up 10.9 pp QoQ and up 1.9 pp YoY. This marks the 3rd consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 10.3% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 41.5% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 21.1% | 34.3% | 25.5% | 2.0% | 61.7% | 58.8% | 60.6% | 59.4% | 62.9% | 61.8% | 58.2% | 71.1% | 60.4% |
| — | -41.5% | -57.8% | -96.7% | -1.9% | -5.0% | +4.2% | -16.4% | +4.2% | +10.4% | +7.6% | +66.0% | +13.7% | |
| Operating Margin | 14.4% | 28.9% | 18.0% | -7.9% | 2.1% | 27.0% | 15.8% | -10.8% | 3.2% | 27.5% | 13.3% | 1.8% | 5.3% |
| — | +7.2% | +13.9% | +26.6% | -33.2% | -1.9% | +18.7% | -713.9% | -39.7% | +15.1% | -15.0% | +111.1% | +8.5% | |
| Net Margin | 7.4% | 25.0% | 12.4% | -16.6% | -5.7% | 23.3% | 5.2% | -21.4% | -6.8% | 22.4% | 6.7% | -9.2% | -1.9% |
| — | +6.9% | +137.6% | +22.2% | +15.5% | +4.2% | -22.2% | -132.2% | -257.6% | +12.8% | -41.5% | +59.6% | -123.7% |
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 18.6% | 20.1% | 7.5% | -5.6% | -2.3% | 22.5% | 3.6% | -7.7% | -2.8% | 18.7% | 4.5% | -3.7% | -0.9% |
| — | -10.9% | +110.2% | +26.9% | +18.2% | +20.5% | -20.3% | -109.4% | -211.8% | +1.2% | -49.9% | +63.8% | -100.3% | |
| ROA | 4.7% | 5.7% | 2.0% | -1.5% | -0.6% | 5.7% | 0.8% | -2.0% | -0.7% | 4.8% | 1.1% | -0.9% | -0.2% |
| — | -0.5% | +134.0% | +22.1% | +15.4% | +19.7% | -21.7% | -113.5% | -227.5% | +3.5% | -49.9% | +64.3% | -93.4% | |
| ROIC | 8.1% | 8.0% | 2.5% | -0.6% | 0.2% | 5.8% | 2.3% | -0.9% | 0.3% | 5.2% | 1.9% | 0.2% | 0.6% |
| — | +37.1% | +7.8% | +27.0% | -33.9% | +11.6% | +18.7% | -658.1% | -45.6% | +3.7% | -28.6% | +109.7% | -6.7% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Suburban Propane Partners, L.P.'s Debt/EBITDA ratio is 0.6x, down from 18.1x last quarter — comfortably within a safe range.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.22 | 0.14 | 2.42 | 2.22 | 2.09 | 2.12 | 2.64 | 2.47 | 2.22 | 2.12 | 2.51 | 2.43 | 2.31 |
| — | -93.3% | -8.5% | -10.0% | -6.0% | +0.1% | +5.2% | +1.3% | -3.8% | -6.3% | +5.5% | -0.1% | +7.3% | |
| Debt / EBITDA | 4.78 | 0.60 | 18.12 | 718.00 | 55.41 | 8.08 | 18.92 | — | 54.83 | 8.85 | 21.20 | 62.78 | 44.33 |
| — | -92.6% | -4.2% | — | +1.1% | -8.7% | -10.8% | — | +23.7% | -8.6% | +29.7% | — | +4.9% | |
| Current Ratio | 0.55 | 1.08 | 0.87 | 0.55 | 0.70 | 1.06 | 0.70 | 0.51 | 0.65 | 0.88 | 0.72 | 0.53 | 0.68 |
| — | +1.7% | +24.0% | +6.7% | +7.1% | +20.7% | -2.5% | -3.4% | -4.4% | -2.0% | -10.9% | -6.6% | -22.9% | |
| Quick Ratio | 0.31 | 0.82 | 0.61 | 0.31 | 0.46 | 0.81 | 0.51 | 0.33 | 0.45 | 0.65 | 0.52 | 0.33 | 0.47 |
| — | +1.1% | +18.9% | -8.4% | +1.9% | +24.5% | -0.9% | +0.5% | -4.1% | -1.5% | -10.5% | -5.7% | -23.5% | |
| Interest Coverage | 2.42 | 8.09 | 3.33 | -1.01 | 0.23 | 7.67 | 2.02 | -1.46 | 0.08 | 6.60 | 2.36 | -0.10 | 0.73 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying SPH stock.
Suburban Propane Partners, L.P.'s current P/E is 10.2x. The average P/E over the last 2 quarters is 4.6x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Suburban Propane Partners, L.P.'s current operating margin is 14.4%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Suburban Propane Partners, L.P.'s business trajectory between earnings reports.