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SPH (Suburban Propane Partners LP) Gross Profit : $818 Mil (TTM As of Dec. 2024)


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What is Suburban Propane Partners LP Gross Profit?

Suburban Propane Partners LP's gross profit for the three months ended in Dec. 2024 was $226 Mil. Suburban Propane Partners LP's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $818 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Suburban Propane Partners LP's gross profit for the three months ended in Dec. 2024 was $226 Mil. Suburban Propane Partners LP's Revenue for the three months ended in Dec. 2024 was $373 Mil. Therefore, Suburban Propane Partners LP's Gross Margin % for the quarter that ended in Dec. 2024 was 60.58%.

Suburban Propane Partners LP had a gross margin of 60.58% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Suburban Propane Partners LP was 65.43%. The lowest was 52.57%. And the median was 59.35%.


Suburban Propane Partners LP Gross Profit Historical Data

The historical data trend for Suburban Propane Partners LP's Gross Profit 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.

* Premium members only.

Suburban Propane Partners LP Gross Profit Chart

Suburban Propane Partners LP Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 724.95 803.28 789.34 839.06 804.98

Suburban Propane Partners LP Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit 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 212.78 307.97 160.21 124.02 226.17

Competitive Comparison of Suburban Propane Partners LP's Gross Profit

For the Utilities - Regulated Gas subindustry, Suburban Propane Partners LP's Gross Profit, along with its competitors' market caps and Gross Profit 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's Gross Profit Distribution in the Utilities - Regulated Industry

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

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


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Suburban Propane Partners LP Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Suburban Propane Partners LP's Gross Profit for the fiscal year that ended in Sep. 2024 is calculated as

Gross Profit (A: Sep. 2024 )=Revenue - Cost of Goods Sold
=1327.172 - 522.196
=805

Suburban Propane Partners LP's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=373.329 - 147.162
=226

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $818 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Suburban Propane Partners LP's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=226 / 373.329
=60.58 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Suburban Propane Partners LP  (NYSE:SPH) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Suburban Propane Partners LP had a gross margin of 60.58% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Suburban Propane Partners LP Gross Profit Related Terms

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Suburban Propane Partners LP Business Description

Traded in Other Exchanges
N/A
Address
240 Route 10 West, P.O. Box 206, Whippany, NJ, USA, 07981
Suburban Propane Partners LP distributes propane, fuel oil, and other refined fuels to customers in the East Coast and West Coast regions of the United States. Other operations include natural gas and electricity marketing in the deregulated New York and Pennsylvania markets. The company operates in three segments: Propane; Fuel Oil and Refined Fuels; and Natural Gas and Electricity. It generates maximum revenue from Propane segment.
Executives
Douglas Brinkworth officer: Vice President, Product Supply C/O SUBURBAN PROPANE PARTERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Michael A Schueler officer: Vice President-Product Supply C/O SUBURBAN PROPANE, 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Terence J Connors director C/O SUBURBAN PROPANE, 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Matthew J Chanin director C/O SUBURBAN PROPANE PARTNERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981
A Davin Dambrosio officer: Treasurer C/O SUBURBAN PROPANE PARTNERS LP, P O BOX 206, WHIPPANY NJ 07981
Jane Swift director C/O SUBURBAN PROPANE PARTNERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981-0206
Logan Harold R Jr director
Neil Scanlon officer: Vice President C/O SUBURBAN PROPANE PARTNERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Michael A Stivala officer: Controller C/O SUBURBAN PROPANE PARTNERS LP, P O BOX 206, WHIPPANY NJ 07981
Nandini Sankara officer: VP Mark. & Brand Strategy 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Samuel Hodges officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Brent Stubbs officer: VP - Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Alejandro Centeno officer: VP, Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Rommel Oates director 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Amy Adams director 240 ROUTE 10 WEST, WHIPPANY NJ 07981