Ferrellgas Q3 net earnings down 53% to $28M; completes Class B unit conversion

FERRELLGAS PARTNERS FINANCE CORP

Net earnings attributable to Ferrellgas fell to $28.0M from $59.1M YoY; adjusted EBITDA $102.1M, down 11%.
Gross profit up $2.2M (1%) as revenue decline offset by cost reduction; margin per gallon up 2%.
Operating expense increased $29.0M primarily from $24.7M legacy casualty claims settlement (non-recurring).
Completed conversion of 1.3M Class B Units into 6.5M Class A Units after $107M final distribution.
Board changes: Pamela Breuckmann appointed Vice-Chair; Andrew Safran elected to Board.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

FERRELLGAS PARTNERS FINANCE CORP reported 2026 third fiscal quarter ended April 30, 2026 results: net income $28.0 million.

Period: 2026 third fiscal quarter ended April 30, 2026
Net income: $28.0 million
Result: reported results

Exact text from the filing

Net earnings attributable to the Company decreased by $31.1 million, or approximately 53%, to $28.0 million in the third quarter of fiscal 2026, compared to $59.1 million in the prior year period

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Source: SEC EDGAR

accession 0001104659-26-070705

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