Suburban Propane Partners, L.P.
SPH
Rank in Stocks
#8097
Suburban Propane Partners, L.P., operating through its subsidiaries,... Suburban Propane Partners, L.P., operating through its subsidiaries, specializes in the retail marketing and distribution of propane, fuel oil, and other refined fuels. The company structures its diverse operations across four main segments. The Propane segment is dedicated to the retail supply of propane for residential, commercial, industrial, and agricultural clients, in addition to wholesale distribution to industrial customers. This propane is widely used for space and water heating, cooking, and clothes drying in residential and commercial settings. Industrially, it serves as a motor fuel for vehicles, forklifts, and stationary engines, fuels furnaces, acts as a cutting gas, and is applied in various process applications. Agricultural uses include tobacco curing, crop drying, poultry brooding, and weed control. The Fuel Oil and Refined Fuels segment focuses on providing fuel oil, diesel, kerosene, and gasoline to residential and commercial customers, primarily for heating homes and buildings. Through its Natural Gas and Electricity segment, Suburban Propane markets natural gas and electricity to residential and commercial consumers within the deregulated energy markets of New York and Pennsylvania. Finally, the All Other segment handles the sale, installation, and maintenance of a variety of home comfort equipment, such as complete heating systems, air purification units, humidifiers, and portable heaters. As of September 25, 2021, the company served approximately 1 million customers across residential, commercial, industrial, and agricultural sectors. Its operations are vast, encompassing 700 locations across 41 U.S. states, with a strong presence on the East and West Coasts, select Midwest areas, and Alaska. Suburban Energy Services Group LLC acts as the general partner for Suburban Propane Partners, L.P., which was founded in 1945 and maintains its headquarters in Whippany, New Jersey.
Share Price
$17.27
Last synced: 2026-11-09
Market Cap
$1.15B
Change (1 day)
0.52%
Change (1 year)
-7.79%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade Suburban Propane Partners, L.P. (SPH)
Category
Utilities
Operating Margin for Suburban Propane Partners, L.P. (SPH)
Operating Margin as of November 2026 TTM: 15.17%
According to Suburban Propane Partners, L.P.'s latest financial reports, its current operating margin (TTM) is 15.17%. At the end of 2025 the company had an operating margin of 14.40%.
Operating Margin history for Suburban Propane Partners, L.P. from 2000 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 15.17% | 5.35% |
| 2025 | 14.40% | 11.63% |
| 2024 | 12.90% | -10.85% |
| 2023 | 14.47% | 5.31% |
| 2022 | 13.74% | -16.98% |
| 2021 | 16.55% | 30.73% |
| 2020 | 12.66% | 6.39% |
| 2019 | 11.90% | 4.39% |
| 2018 | 11.40% | 17.53% |
| 2017 | 9.70% | 12.27% |
| 2016 | 8.64% | -31.10% |
| 2015 | 12.54% | 27.83% |
| 2014 | 9.81% | -5.58% |
| 2013 | 10.39% | 157.82% |
| 2012 | 4.03% | -66.50% |
| 2011 | 12.03% | -10.82% |
| 2010 | 13.49% | -26.76% |
| 2009 | 18.42% | 93.08% |
| 2008 | 9.54% | -16.54% |
| 2007 | 11.43% | 43.59% |
| 2006 | 7.96% | 86.85% |
| 2005 | 4.26% | -20.22% |
| 2004 | 5.34% | -48.51% |
| 2003 | 10.37% | -541.28% |
| 2002 | -2.35% | -361.11% |
| 2001 | 0.90% | -90.54% |
| 2000 | 9.51% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 20.20% | -98.67% |
US
|
|
| 18.69% | -98.77% |
ES
|
|
| 36.97% | -97.56% |
US
|
|
| 46.07% | -96.96% |
IT
|
|
| 27.35% | -98.20% |
US
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Suburban Propane Partners, L.P.'s operating margin
What is Suburban Propane Partners, L.P.'s operating margin?
Suburban Propane Partners, L.P.'s operating margin is 15.17%, as of Nov 2026.
What was Suburban Propane Partners, L.P.'s operating margin in 2025?
In 2025, Suburban Propane Partners, L.P.'s operating margin was 14.40%, compared with 12.90% in 2024.
How has Suburban Propane Partners, L.P.'s operating margin changed since 2020?
From 2020 to 2025, Suburban Propane Partners, L.P.'s operating margin was highest in 2021 (16.55%) and lowest in 2020 (12.66%).
How does Suburban Propane Partners, L.P.'s operating margin compare with similar companies?
Suburban Propane Partners, L.P.'s operating margin (15.17%) is lower than that of all 5 similar companies listed above. The highest among them is Snam S.p.A., with 46.07%.