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Suburban Propane Partners, L.P. (SPH)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
US8644821048
CUSIP
864482104
Sector
Utilities
IPO Date
Feb 29, 1996

Highlights

Market Cap
$1.31B
Enterprise Value
$2.85B
EPS (TTM)
$2.02
PE Ratio
9.76
PEG Ratio
16.10
Total Revenue (TTM)
$1.43B
Gross Profit (TTM)
$604.61M
EBITDA (TTM)
$283.12M
Year Range
$17.30 - $21.56
Target Price
$21.00
ROA (TTM)
5.55%
ROE (TTM)
21.23%

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Suburban Propane Partners, L.P., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Suburban Propane Partners, L.P. (SPH) has returned 7.94% so far this year and 0.27% over the past 12 months. Over the last ten years, SPH has returned 5.38% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Suburban Propane Partners, L.P.

1D
-2.57%
1M
-3.00%
YTD
7.94%
6M
9.25%
1Y
0.27%
3Y*
16.75%
5Y*
13.77%
10Y*
5.38%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 29, 1996, SPH's average daily return is +0.05%, while the average monthly return is +0.89%. At this rate, your investment would double in approximately 6.5 years.

Historically, 60% of months were positive and 40% were negative. The best month was Sep 2020 with a return of +27.7%, while the worst month was Mar 2020 at -27.8%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 4 months.

On a daily basis, SPH closed higher 50% of trading days. The best single day was Oct 13, 2008 with a return of +29.0%, while the worst single day was Mar 18, 2020 at -17.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20268.79%2.29%-3.00%7.94%
202522.85%-0.26%1.20%-4.95%-4.13%-1.65%1.62%1.15%-0.37%-2.25%9.19%-5.17%15.20%
202411.60%6.67%-1.78%-4.41%5.83%-6.59%-3.26%-2.89%2.51%4.63%7.65%-13.35%3.84%
20236.10%-3.49%0.59%2.61%-0.81%-3.08%2.08%-1.76%10.54%9.60%-0.68%3.56%26.96%
20223.44%0.67%7.84%4.35%3.49%-10.50%9.44%-1.62%-6.58%10.77%0.67%-7.78%12.28%
20213.30%-0.60%-0.94%2.56%-1.34%4.35%5.48%-3.94%0.79%4.23%-7.88%1.45%6.85%

Benchmark Metrics

Suburban Propane Partners, L.P. has an annualized alpha of 7.58%, beta of 0.46, and R² of 0.12 versus S&P 500 Index. Calculated based on daily prices since March 01, 1996.

  • This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (50.59%) than losses (36.36%) — typical of diversified or defensive assets.
  • Beta of 0.46 may look defensive, but with R² of 0.12 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R² of 0.12 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
7.58%
Beta
0.46
0.12
Upside Capture
50.59%
Downside Capture
36.36%

Return for Risk

Risk / Return Rank

SPH ranks 37 for risk / return — below 37% of stocks on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


SPH Risk / Return Rank: 3737
Overall Rank
SPH Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
SPH Sortino Ratio Rank: 3232
Sortino Ratio Rank
SPH Omega Ratio Rank: 3232
Omega Ratio Rank
SPH Calmar Ratio Rank: 3939
Calmar Ratio Rank
SPH Martin Ratio Rank: 3939
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Suburban Propane Partners, L.P. (SPH) and compare them to a chosen benchmark (S&P 500 Index).


SPHBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.01

0.90

-0.88

Sortino ratio

Return per unit of downside risk

0.16

1.39

-1.22

Omega ratio

Gain probability vs. loss probability

1.02

1.21

-0.19

Calmar ratio

Return relative to maximum drawdown

-0.05

1.40

-1.45

Martin ratio

Return relative to average drawdown

-0.10

6.61

-6.70

Explore SPH risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Suburban Propane Partners, L.P. provided a 6.60% dividend yield over the last twelve months, with an annual payout of $1.30 per share. The company has been increasing its dividends for 4 consecutive years.


8.00%10.00%12.00%14.00%$0.00$1.00$2.00$3.00$4.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.30$1.30$1.30$1.30$1.30$1.25$1.80$2.40$2.40$3.26$3.55$3.54

Dividend yield

6.60%7.01%7.56%7.32%8.56%8.53%12.11%10.98%12.45%13.47%11.81%14.55%

Monthly Dividends

The table displays the monthly dividend distributions for Suburban Propane Partners, L.P.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.33$0.00$0.33
2025$0.00$0.33$0.00$0.00$0.33$0.00$0.00$0.33$0.00$0.00$0.33$0.00$1.30
2024$0.00$0.33$0.00$0.00$0.33$0.00$0.00$0.33$0.00$0.00$0.33$0.00$1.30
2023$0.33$0.00$0.00$0.00$0.33$0.00$0.33$0.00$0.00$0.00$0.33$0.00$1.30
2022$0.33$0.00$0.00$0.00$0.33$0.00$0.00$0.33$0.00$0.33$0.00$0.00$1.30
2021$0.00$0.30$0.00$0.00$0.30$0.00$0.00$0.33$0.00$0.00$0.33$0.00$1.25

Dividend Yield & Payout


Dividend Yield

Suburban Propane Partners, L.P. has a dividend yield of 6.60%, which means its dividend payment is significantly above the market average.

Payout Ratio

Suburban Propane Partners, L.P. has a payout ratio of 63.65%, which is quite average when compared to the overall market. This suggests that Suburban Propane Partners, L.P. strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Suburban Propane Partners, L.P.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Suburban Propane Partners, L.P. was 60.60%, occurring on Mar 18, 2020. Recovery took 948 trading sessions.

The current Suburban Propane Partners, L.P. drawdown is 5.11%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-60.6%Feb 19, 20151279Mar 18, 2020948Dec 21, 20232227
-49.61%Jul 24, 2007309Oct 10, 2008159Jun 1, 2009468
-34.34%Mar 7, 2011315Jun 4, 2012233May 9, 2013548
-33.21%Jul 29, 200596Dec 13, 2005161Aug 4, 2006257
-21.12%Oct 8, 199750Dec 17, 199791Apr 30, 1998141

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Suburban Propane Partners, L.P. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Suburban Propane Partners, L.P. is priced in the market compared to other companies in the Utilities - Regulated Gas industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for SPH, comparing it with other companies in the Utilities - Regulated Gas industry. Currently, SPH has a P/E ratio of 9.8. This P/E ratio is considered low compared to industry peers, which may suggest that the stock is undervalued or that the company has weaker growth prospects.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for SPH compared to other companies in the Utilities - Regulated Gas industry. SPH currently has a PEG ratio of 16.1. This PEG ratio is higher than the industry average, which may suggest the stock is overvalued relative to its expected earnings growth.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for SPH relative to other companies in the Utilities - Regulated Gas industry. Currently, SPH has a P/S ratio of 0.9. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for SPH in comparison with other companies in the Utilities - Regulated Gas industry. Currently, SPH has a P/B value of 2.1. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items