Suburban Propane Partners LP
Suburban Propane Partners LP (SPH) is listed on NYSE and classified in Utilities - Regulated Gas, part of the Utilities sector. It is headquartered in Whippany, United States and has 3,190 employees. The company is worth $1.18B and trades at 9.0x its earnings of the last twelve months; the median for its sector is 20.5x. Revenue was $1.43B in fiscal 2025, up 7.9% from the year before. Net income was $106.57M. The share price is 14.8% below its 52-week high of $20.80. It pays a dividend yielding 7.33%. One of the 38 superinvestors we track held it at the end of Q2 2026: Ken Griffin (Citadel Advisors), at $2.38M. In that quarter, 1 of them opened or added to the position. Over the last 30 days, company insiders sold $8.44K of its stock on the open market and bought none.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +21.1% over 5Y.
today you would have $1,579.61▲ +58.0%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 18 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $18.54 | $17.20 | $17.76 | $15.18 | $14.65 | $14.86 | $21.85 | $19.27 | $24.22 | $30.06 | $24.31 | $43.23 | $46.90 | $38.86 | $47.61 | $56.09 | $47.08 | $35.45 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 10.8% a year plus a 7.3% dividend yield. Growth capped at 25%.
Median P/E of 20.5 among peers in the sector.
Median P/E of 15.3 across this company’s own years on record.
Cash flow growing 10.8% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 13.3x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 0.0% a year against a 7.0% required return, from the stock’s beta.
Companies of similar size in Utilities, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| FLNCFluence Energy, Inc. | $5.70 | — | 2.2x | 0.00% | -23.54% | $1.11B |
| MSEXMiddlesex Water Co | $55.80 | 21.5x | 2.0x | 2.58% | 9.77% | $1.05B |
| UTLUnitil Corp | $55.06 | 17.4x | 1.6x | 3.45% | 9.62% | $1B |
| XIFRXPLR Infrastructure, LP | $9.84 |
| P/E | 15.3x | 11.4x | 15.1x | 9.3x | 7.0x | 7.6x | 15.3x | 19.9x | 15.5x | 39.1x | 125.2x | 17.6x | 27.7x | 35.0x | 1943.0x | 14.8x | 17.3x | 9.5x | 7.5x |
| P/S | 1.2x | 0.9x | 0.8x | 0.8x | 641.8x | 0.7x | 0.8x | 1.1x | 0.9x | 1.3x | 1.8x | 1.0x | 1.4x | 1.6x | 1.4x | 1.4x | 1.8x | 1.4x | 0.7x |
| EPS | $1.62 | $1.14 | $1.92 | $2.18 | $1.94 | $0.97 | $1.10 | $1.24 | $0.62 | $0.24 | $1.38 | $1.56 | $1.34 | $0.02 | $3.22 | $3.24 | $4.96 | $4.70 |
| Dividend yield | 8.55% | 7.01% | 7.56% | 7.32% | 8.56% | 8.53% | 12.11% | 10.98% | 12.45% | 13.48% | 11.82% | 14.55% | 8.10% | 7.46% | 8.78% | 7.17% | 6.01% | 6.97% | 8.87% |
| Payout | 149.80% | 80.25% | 114.04% | 67.71% | 59.63% | 64.43% | 185.57% | 218.18% | 193.55% | 526.45% | 1480.00% | 256.38% | 224.36% | 261.19% | 17060.00% | 105.96% | 104.01% | 66.13% | 66.87% |
| Profit margin | 5.82% | 7.44% | 5.59% | 8.66% | 9.30% | 9.53% | 5.48% | 5.41% | 5.69% | 3.20% | 1.38% | 5.95% | 4.88% | 4.63% | 0.06% | 9.66% | 10.14% | 14.45% | 9.84% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
7 methods answered, across 4 families.
Room for errors in the reported numbers.
+59.9% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 14.3x |
| 0.3x |
| 0.00% |
| -1.61% |
| $927.91M |
| HEHawaiian Electric Industries Inc | $8.75 | 6.7x | 0.9x | 0.00% | 13.45% | $1.51B |
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