SPH (Suburban Propane Partners LP) Enterprise Value: $2,598 Mil (As of Aug. 01, 2026) ***

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SPH Suburban Propane Partners LP SPH
57 GF Score
Price $18.66
GF Value $18.09
Valuation Fairly Valued
! 3 Warning Signs
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What is Suburban Propane Partners LP Enterprise Value?

Suburban Propane Partners LP SPH +0.27% 57 Enterprise Value is $2,598 Mil as of Aug. 01, 2026. GuruFocus rates SPH with a GF Score™ of 57/100 and a GF Value™ of $18.09 (Fairly Valued). The stock has 3 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Suburban Propane Partners LP's Enterprise Value is $2,598 Mil. Suburban Propane Partners LP's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $210 Mil. Therefore, Suburban Propane Partners LP's EV-to-EBIT ratio for today is 12.37.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Suburban Propane Partners LP's Enterprise Value is $2,598 Mil. Suburban Propane Partners LP's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $280 Mil. Therefore, Suburban Propane Partners LP's EV-to-EBITDA ratio for today is 9.26.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Suburban Propane Partners LP's Enterprise Value is $2,598 Mil. Suburban Propane Partners LP's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $1,393 Mil. Therefore, Suburban Propane Partners LP's EV-to-Revenue ratio for today is 1.87.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Suburban Propane Partners LP's Enterprise Value is $2,598 Mil. Suburban Propane Partners LP's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $206 Mil. Therefore, Suburban Propane Partners LP's EV-to-OCF ratio for today is 12.61.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Suburban Propane Partners LP's Enterprise Value is $2,598 Mil. Suburban Propane Partners LP's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $133 Mil. Therefore, Suburban Propane Partners LP's EV-to-FCF ratio for today is 19.59.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Suburban Propane Partners LP  (NYSE:SPH) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Suburban Propane Partners LP's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2598.243/210.027
=12.37

Suburban Propane Partners LP's current Enterprise Value is $2,598 Mil.
Suburban Propane Partners LP's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $210 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Suburban Propane Partners LP's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2598.243/280.485
=9.26

Suburban Propane Partners LP's current Enterprise Value is $2,598 Mil.
Suburban Propane Partners LP's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $280 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Suburban Propane Partners LP's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2598.243/1393.118
=1.87

Suburban Propane Partners LP's current Enterprise Value is $2,598 Mil.
Suburban Propane Partners LP's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,393 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Suburban Propane Partners LP's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2598.243/205.971
=12.61

Suburban Propane Partners LP's current Enterprise Value is $2,598 Mil.
Suburban Propane Partners LP's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $206 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Suburban Propane Partners LP's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2598.243/132.628
=19.59

Suburban Propane Partners LP's current Enterprise Value is $2,598 Mil.
Suburban Propane Partners LP's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $133 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Suburban Propane Partners LP Enterprise Value Related Terms


Suburban Propane Partners LP Enterprise Value Historical Data

* Premium members only.

The historical data trend for Suburban Propane Partners LP's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Suburban Propane Partners LP Enterprise Value Chart

Suburban Propane Partners LP Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,201.57 2,156.98 2,346.27 2,495.97 2,557.36

Suburban Propane Partners LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,783.42 2,558.90 2,557.36 2,663.40 2,666.40

SPH vs NWN, RGCO, OPAL: Enterprise Value Comparison

For the Utilities - Regulated Gas subindustry, Suburban Propane Partners LP's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Suburban Propane Partners LP Enterprise Value vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Suburban Propane Partners LP's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Suburban Propane Partners LP's Enterprise Value falls into.


SPH
57GF Score
Suburban Propane Partners LP SPH
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Suburban Propane Partners LP Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Suburban Propane Partners LP's Enterprise Value for the fiscal year that ended in Sep. 2025 is calculated as

Suburban Propane Partners LP's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of $2,598 Mil mean?
Suburban Propane Partners LP (SPH) has a Enterprise Value of $2,598 Mil as of Aug. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Suburban Propane Partners LP and its competitors.
Is Suburban Propane Partners LP's Enterprise Value too high?
Suburban Propane Partners LP's current Enterprise Value is $2,598 Mil. Overall, Suburban Propane Partners LP has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Suburban Propane Partners LP's Enterprise Value compare to NWN and RGCO?
Suburban Propane Partners LP's Enterprise Value of $2,598 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Utilities - Regulated company?
A good Enterprise Value depends on the Utilities - Regulated industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Suburban Propane Partners LP and its competitors. Suburban Propane Partners LP's current Enterprise Value is $2,598 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suburban Propane Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Suburban Propane Partners LP (SPH) is currently considered Fairly Valued. The stock's GF Value™ is $18.09, compared to a current price of $18.66 — trading 3.2% above its estimated fair value. The current Enterprise Value is $2,598 Mil. Suburban Propane Partners LP's overall GF Score™ is 57/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Suburban Propane Partners LP (SPH), the current Enterprise Value is $2,598 Mil as of Aug. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Suburban Propane Partners LP (SPH) Overvalued in 2026?

Based on GuruFocus' analysis, Suburban Propane Partners LP stock appears to be overvalued. The current stock price of $18.66 is trading 3.2% above its estimated GF Value™ of $18.09. GuruFocus considers Suburban Propane Partners LP to be Fairly Valued.

Key valuation signals for SPH:

  • Enterprise Value: $2,598 Mil
  • GF Value™: $18.09 vs. price of $18.66 (3.2% above fair value)
  • GF Score™: 57/100 with 3 warning signs

No single metric tells the full story. See the SPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suburban Propane Partners LP Business Description

Address 240 Route 10 West, Whippany, NJ, USA, 07981
Suburban Propane Partners LP distributes propane, renewable propane, renewable natural gas (RNG), fuel oil, refined fuels, and markets natural gas and electricity in deregulated markets. It produces and invests in low-carbon fuel alternatives. The company installs and services home comfort heating and ventilation equipment and distributes fuel oil, kerosene, diesel, and gasoline to about 25,000 residential and commercial customers mainly in the U.S. northeast. It operates three segments: Propane, Fuel Oil and Refined Fuels, and Natural Gas and Electricity, with the Propane segment generating the majority of revenue. Propane, a by-product of natural gas processing and petroleum refining, is a clean-burning energy source known for transportability and ease of use.
57GF Score

Get the complete analysis for SPH

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.66
Price
$18.09
GF Value