SUBURBAN PROPANE PARTNERS LP (SPH) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SPH - US8644821048
19.15 USD
+0.05 (+0.26%)
We assign a fundamental rating of 5 out of 10 to SPH. SPH was compared to 14 industry peers in the Gas Utilities industry. SPH has a medium profitability rating, but doesn't score so well on its financial health evaluation. SPH may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
- In the past year SPH was profitable.
- In the past year SPH had a positive cash flow from operations.
- In the past 5 years SPH has always been profitable.
- In the past 5 years SPH always reported a positive cash flow from operatings.
1.2 Ratios
- SPH has a better Return On Assets (4.64%) than 85.71% of its industry peers.
- The Return On Equity of SPH (17.80%) is better than 92.86% of its industry peers.
- With a decent Return On Invested Capital value of 8.18%, SPH is doing good in the industry, outperforming 78.57% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for SPH is in line with the industry average of 6.27%.
- The last Return On Invested Capital (8.18%) for SPH is above the 3 year average (7.79%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.64% | ||
| ROE | 17.8% | ||
| ROIC | 8.18% |
ROA(3y)4.45%
ROA(5y)5.2%
ROE(3y)18%
ROE(5y)22.19%
ROIC(3y)7.79%
ROIC(5y)8.4%
1.3 Margins
- SPH has a Profit Margin of 7.44%. This is in the lower half of the industry: SPH underperforms 78.57% of its industry peers.
- SPH's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 14.40%, SPH is doing worse than 78.57% of the companies in the same industry.
- SPH's Operating Margin has improved in the last couple of years.
- SPH has a Gross Margin of 60.65%. This is comparable to the rest of the industry: SPH outperforms 50.00% of its industry peers.
- In the last couple of years the Gross Margin of SPH has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.4% | ||
| PM (TTM) | 7.44% | ||
| GM | 60.65% |
OM growth 3Y1.58%
OM growth 5Y2.61%
PM growth 3Y-7.18%
PM growth 5Y6.27%
GM growth 3Y4.88%
GM growth 5Y-1.51%
2. Health
2.1 Basic Checks
- SPH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- SPH has more shares outstanding than it did 1 year ago.
- SPH has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, SPH has an improved debt to assets ratio.
2.2 Solvency
- The Debt to FCF ratio of SPH is 10.60, which is on the high side as it means it would take SPH, 10.60 years of fcf income to pay off all of its debts.
- With an excellent Debt to FCF ratio value of 10.60, SPH belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
- SPH has a Debt/Equity ratio of 2.02. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 2.02, SPH is not doing good in the industry: 85.71% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.02 | ||
| Debt/FCF | 10.6 | ||
| Altman-Z | N/A |
ROIC/WACC1.19
WACC6.85%
2.3 Liquidity
- A Current Ratio of 0.55 indicates that SPH may have some problems paying its short term obligations.
- The Current ratio of SPH (0.55) is worse than 64.29% of its industry peers.
- A Quick Ratio of 0.31 indicates that SPH may have some problems paying its short term obligations.
- SPH's Quick ratio of 0.31 is on the low side compared to the rest of the industry. SPH is outperformed by 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.31 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 43.86% over the past year.
- The Earnings Per Share has been growing by 11.07% on average over the past years. This is quite good.
- Looking at the last year, SPH shows a small growth in Revenue. The Revenue has grown by 7.94% in the last year.
- The Revenue has been growing slightly by 5.27% on average over the past years.
EPS 1Y (TTM)43.86%
EPS 3Y-9.33%
EPS 5Y11.07%
EPS Q2Q%23.19%
Revenue 1Y (TTM)7.94%
Revenue growth 3Y-1.56%
Revenue growth 5Y5.27%
Sales Q2Q%-12.26%
3.2 Future
- Based on estimates for the next years, SPH will show a small growth in Earnings Per Share. The EPS will grow by 5.19% on average per year.
- The Revenue is expected to grow by 0.63% on average over the next years.
EPS Next Y12.09%
EPS Next 2Y9.3%
EPS Next 3Y5.19%
EPS Next 5YN/A
Revenue Next Year-0.75%
Revenue Next 2Y0.44%
Revenue Next 3Y0.63%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 11.68, the valuation of SPH can be described as reasonable.
- SPH's Price/Earnings ratio is rather cheap when compared to the industry. SPH is cheaper than 85.71% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.54, SPH is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 10.42, the valuation of SPH can be described as reasonable.
- 85.71% of the companies in the same industry are more expensive than SPH, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.31, SPH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.68 | ||
| Fwd PE | 10.42 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, SPH is valued a bit cheaper than 71.43% of the companies in the same industry.
- 92.86% of the companies in the same industry are more expensive than SPH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.08 | ||
| EV/EBITDA | 8.89 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The decent profitability rating of SPH may justify a higher PE ratio.
PEG (NY)0.97
PEG (5Y)1.05
EPS Next 2Y9.3%
EPS Next 3Y5.19%
5. Dividend
5.1 Amount
- SPH has a Yearly Dividend Yield of 7.07%, which is a nice return.
- Compared to an average industry Dividend Yield of 3.88, SPH pays a better dividend. On top of this SPH pays more dividend than 100.00% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.92, SPH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.07% |
5.2 History
- The dividend of SPH decreases each year by -9.23%.
- SPH has paid a dividend for at least 10 years, which is a reliable track record.
- SPH has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-9.23%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
- 78.99% of the earnings are spent on dividend by SPH. This is not a sustainable payout ratio.
DP78.99%
EPS Next 2Y9.3%
EPS Next 3Y5.19%
NYSE:SPH (1/15/2026, 8:17:58 PM)
19.15
+0.05 (+0.26%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)11-13 2025-11-13/bmo
Earnings (Next)02-05 2026-02-05
Inst Owners42%
Inst Owner Change0.01%
Ins Owners2.36%
Ins Owner Change4.74%
Market Cap1.27B
Revenue(TTM)1.43B
Net Income(TTM)106.57M
Analysts48.89
Price Target17.34 (-9.45%)
Short Float %0.71%
Short Ratio3.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.07% |
Yearly Dividend1.3
Dividend Growth(5Y)-9.23%
DP78.99%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.78%
Min EPS beat(2)-19.85%
Max EPS beat(2)6.29%
EPS beat(4)1
Avg EPS beat(4)-18.54%
Min EPS beat(4)-56%
Max EPS beat(4)6.29%
EPS beat(8)1
Avg EPS beat(8)-28.18%
EPS beat(12)4
Avg EPS beat(12)-14.56%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-12.38%
Min Revenue beat(2)-20.15%
Max Revenue beat(2)-4.6%
Revenue beat(4)1
Avg Revenue beat(4)-4.94%
Min Revenue beat(4)-20.15%
Max Revenue beat(4)6.18%
Revenue beat(8)1
Avg Revenue beat(8)-5.54%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.74%
EPS NY rev (1m)1.96%
EPS NY rev (3m)1.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.41%
Revenue NY rev (3m)-0.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.68 | ||
| Fwd PE | 10.42 | ||
| P/S | 0.88 | ||
| P/FCF | 11.08 | ||
| P/OCF | 6.8 | ||
| P/B | 2.12 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.89 |
EPS(TTM)1.64
EY8.56%
EPS(NY)1.84
Fwd EY9.6%
FCF(TTM)1.73
FCFY9.02%
OCF(TTM)2.82
OCFY14.7%
SpS21.65
BVpS9.05
TBVpS-9.73
PEG (NY)0.97
PEG (5Y)1.05
Graham Number18.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.64% | ||
| ROE | 17.8% | ||
| ROCE | 10.35% | ||
| ROIC | 8.18% | ||
| ROICexc | 8.18% | ||
| ROICexgc | 21.72% | ||
| OM | 14.4% | ||
| PM (TTM) | 7.44% | ||
| GM | 60.65% | ||
| FCFM | 7.98% |
ROA(3y)4.45%
ROA(5y)5.2%
ROE(3y)18%
ROE(5y)22.19%
ROIC(3y)7.79%
ROIC(5y)8.4%
ROICexc(3y)7.8%
ROICexc(5y)8.41%
ROICexgc(3y)20.82%
ROICexgc(5y)23.09%
ROCE(3y)9.87%
ROCE(5y)10.63%
ROICexgc growth 3Y-5.19%
ROICexgc growth 5Y3.69%
ROICexc growth 3Y-3.46%
ROICexc growth 5Y5.84%
OM growth 3Y1.58%
OM growth 5Y2.61%
PM growth 3Y-7.18%
PM growth 5Y6.27%
GM growth 3Y4.88%
GM growth 5Y-1.51%
F-Score7
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.02 | ||
| Debt/FCF | 10.6 | ||
| Debt/EBITDA | 4.35 | ||
| Cap/Depr | 99.89% | ||
| Cap/Sales | 5.02% | ||
| Interest Coverage | 2.79 | ||
| Cash Conversion | 66.91% | ||
| Profit Quality | 107.25% | ||
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.31 | ||
| Altman-Z | N/A |
F-Score7
WACC6.85%
ROIC/WACC1.19
Cap/Depr(3y)86.81%
Cap/Depr(5y)72.91%
Cap/Sales(3y)4.22%
Cap/Sales(5y)3.58%
Profit Quality(3y)129.77%
Profit Quality(5y)135.11%
High Growth Momentum
Growth
EPS 1Y (TTM)43.86%
EPS 3Y-9.33%
EPS 5Y11.07%
EPS Q2Q%23.19%
EPS Next Y12.09%
EPS Next 2Y9.3%
EPS Next 3Y5.19%
EPS Next 5YN/A
Revenue 1Y (TTM)7.94%
Revenue growth 3Y-1.56%
Revenue growth 5Y5.27%
Sales Q2Q%-12.26%
Revenue Next Year-0.75%
Revenue Next 2Y0.44%
Revenue Next 3Y0.63%
Revenue Next 5YN/A
EBIT growth 1Y20.47%
EBIT growth 3Y0%
EBIT growth 5Y8.02%
EBIT Next Year39.19%
EBIT Next 3Y12.1%
EBIT Next 5Y10.22%
FCF growth 1Y12.99%
FCF growth 3Y-13.42%
FCF growth 5Y-8.37%
OCF growth 1Y15.99%
OCF growth 3Y-5.47%
OCF growth 5Y-2.32%
SUBURBAN PROPANE PARTNERS LP / SPH FAQ
What is the fundamental rating for SPH stock?
ChartMill assigns a fundamental rating of 5 / 10 to SPH.
What is the valuation status of SUBURBAN PROPANE PARTNERS LP (SPH) stock?
ChartMill assigns a valuation rating of 8 / 10 to SUBURBAN PROPANE PARTNERS LP (SPH). This can be considered as Undervalued.
How profitable is SUBURBAN PROPANE PARTNERS LP (SPH) stock?
SUBURBAN PROPANE PARTNERS LP (SPH) has a profitability rating of 6 / 10.
What is the earnings growth outlook for SUBURBAN PROPANE PARTNERS LP?
The Earnings per Share (EPS) of SUBURBAN PROPANE PARTNERS LP (SPH) is expected to grow by 12.09% in the next year.
How sustainable is the dividend of SUBURBAN PROPANE PARTNERS LP (SPH) stock?
The dividend rating of SUBURBAN PROPANE PARTNERS LP (SPH) is 6 / 10 and the dividend payout ratio is 78.99%.