# Suburban Propane Partners L.P. (SPH) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Utilities / Gas Utilities. Price $17.52, market value $1.2 billion.

## Valuation
- **P/E (trailing): 9.1×** (5-yr avg 8.6×, 3-yr avg 10.6×). Suburban Propane Partners L.P. trades at 9.1× trailing earnings, close to its own five-year average of 8.6×. The Utilities median in the September 2026 study was 21.2×. Forward P/E is 8.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.20**. A PEG of 0.20 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.8×**. Each dollar of revenue is priced at 0.8×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.6×**. The shares trade at 1.6× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 8.5×**. Enterprise value is 8.5× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 8.7%** (5-yr avg 18.5%). Free cash flow equals 8.7% of the market value, below its five-year average of 18.5%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 11.0%**. The inverse of the P/E: 11.0% of the price is earned each year.

## Profitability
- **Operating margin: 15.1%**. 15.1% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 7.4%**. 7.4% of each dollar of sales reaches the bottom line.
- **Return on assets: 5.7%**. Each dollar of assets produces 5.7% of profit.

## Growth
- **Revenue growth (1 yr): 7.9%** (3-yr -1.6%/yr, 5-yr 5.3%/yr). Revenue grew 7.9% over the last year, against 5.3% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 42.1%** (3-yr -9.4%/yr, 5-yr 10.8%/yr). Earnings per share rose 42.1%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -13.4%/yr**. Free cash flow has compounded at -13.4% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Net debt / EBITDA: 4.3×**. It would take 4.3 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 1.33**. A Z-score of 1.33 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 7.42%** ($1.30 per share, trailing). Suburban Propane Partners L.P. yields 7.42%, high enough to check carefully: yields this high often precede a cut.
- **Consecutive years of increases: 4**. 4 straight years of increases.
- **Dividend growth (5 yr): -6.3%/yr** (1-yr 0.0%). The dividend has not grown over five years.

## Price and momentum
- **Total return (1 yr): -0.0%** (YTD -2.4%, 3-mo -9.0%). The shares are down 0.0% over twelve months including dividends.
- **From 52-week high: -15.8%** (6.0% above the low). Trading 16% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 43**. An RSI of 43 is neutral.
- **Beta (1 yr): -0.02** (volatility 21%). Beta of -0.02 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SPH · Page: https://foliofundamentals.com/stocks/sph

Not investment advice.