earnings
confidence high
sentiment positive
materiality 0.75
Suburban Propane FY2025 net income $106.6M ($1.64/unit); Adjusted EBITDA up 11.2% to $278M
SUBURBAN PROPANE PARTNERS LP
2025-FY EPS reported
$1.62
revenue$1,432,518,000
- Net income $106.6M ($1.64/unit) vs $74.2M ($1.15/unit) prior year; Q4 net loss $35.1M ($0.53/unit) vs $44.6M loss prior year.
- Adjusted EBITDA $278M (+11.2%); retail propane gallons sold 400.5M (+5.9%).
- Acquired propane businesses in NM/AZ for ~$53M; post-year-end CA acquisitions for $24M.
- Leverage ratio improved to 4.29x from 4.76x; quarterly distribution $0.325/unit ($1.30 annualized).
- Launched ATM equity program raising $23.5M net proceeds from 1.3M units; RNG expansion continues.