earnings
confidence high
sentiment positive
materiality 0.75
Suburban Propane Q2 net income $137.1M ($2.11/unit) vs $111.5M; Adj. EBITDA up 19% to $175M
SUBURBAN PROPANE PARTNERS LP
2025-Q2 EPS reported
$2.41
revenue$960,992,000
- Net income $137.1M ($2.11/unit) vs $111.5M ($1.73/unit) YoY; Adj. EBITDA $175M, +19.1%.
- Retail propane gallons sold 162M, up 15.5% from prior year due to cold weather in Jan-Feb.
- Total gross margin $345.3M, up 12.1% ($42.5M ex mark-to-market, +14.1%).
- Quarterly distribution $0.325/unit ($1.30 annualized); leverage ratio improved to 4.54x.
- Launched ATM equity program for up to $100M; raised $8.8M in Q2 to repay debt.