SPH
Strong BuyUnloved QualitySuburban Propane Partners, L.P. · Utilities · United States · $1.1B · Avg Vol: $3M/d
Unloved Quality: Strong and cheap, but the market has not turned yet. Patience required.
ABOUT SUBURBAN PROPANE PARTNERS, L.P.
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Suburban Propane Partners, L.P. distributes propane, fuel oil, and related products and services to residential, commercial, industrial, and agricultural customers across the United States. Its extensive distribution network and established customer relationships provide a resilient business model in a mature, geographically focused market. SPH is a leading nationwide distributor of propane and other energy products, operating as a publicly traded master limited partnership (MLP).
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.5B | 1.4B | 1.3B | 1.4B | -1.6% | 1.4B | 1.4B | 1.5B | 0.7% |
| EPS | 2.21 | 1.94 | 1.15 | 1.64 | -9.5% | 1.93 | 1.62 | 1.75 | 3.2% |
| Shares | 63.0M | 63.5M | 64.1M | 65.8M | +4.5% | 66.7M | — | — | — |
| Debt | 1.2B | 1.3B | 1.3B | 1.3B | 3.1% | 1.3B | — | — | — |
| Equity | 0 | 0 | 0 | 0 | — | — | — | — | — |
| Op CF | 220.5M | 225.2M | 160.6M | 186.3M | -5.5% | 181.4M | — | — | — |
| Inv CF | -94.4M | -170.6M | -81.6M | -128.3M | — | — | — | — | — |
| Fin CF | -127.8M | -44.6M | -72.5M | -66.7M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of SPH are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| SPH | Suburban Propane Partners, L.P.(you) | $1.1B | 80 | Strong Buy |
| UGI | UGI Corporation | $7.9B | 75 | Buy |
| NWN | Northwest Natural Holding Company | $2.0B | 43 | Hold |
| CPK | Chesapeake Utilities Corporation | $3.1B | 50 | Hold |
| OGS | ONE Gas, Inc. | $4.5B | 51 | Hold |
| BIPC | Brookfield Infrastructure Corporation | $4.4B | 48 | Hold |
| BKH | Black Hills Corporation | $5.4B | 51 | Hold |
| NJR | New Jersey Resources Corporation | $5.3B | 45 | Hold |
| RGCO | RGC Resources, Inc. | $215M | 46 | Hold |
| SWX | Southwest Gas Holdings, Inc. | $6.0B | 47 | Hold |
Peer medians: ROE 9.3% · P/E 20.3x · Gross margin 44.9%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.