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SPH (Suburban Propane Partners LP) Operating Margin % : -10.81% (As of Sep. 2024)


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What is Suburban Propane Partners LP Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Suburban Propane Partners LP's Operating Income for the three months ended in Sep. 2024 was $-23 Mil. Suburban Propane Partners LP's Revenue for the three months ended in Sep. 2024 was $209 Mil. Therefore, Suburban Propane Partners LP's Operating Margin % for the quarter that ended in Sep. 2024 was -10.81%.

Good Sign:

Suburban Propane Partners LP operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Suburban Propane Partners LP's Operating Margin % or its related term are showing as below:

SPH' s Operating Margin % Range Over the Past 10 Years
Min: 7.71   Med: 12.6   Max: 16.55
Current: 12.9


SPH's Operating Margin % is ranked worse than
51.99% of 502 companies
in the Utilities - Regulated industry
Industry Median: 14.67 vs SPH: 12.90

Suburban Propane Partners LP's 5-Year Average Operating Margin % Growth Rate was 1.80% per year.

Suburban Propane Partners LP's Operating Income for the three months ended in Sep. 2024 was $-23 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was $171 Mil.

Warning Sign:

Suburban Propane Partners LP has recorded a loss in operating income at least once over the past 3 years.


Suburban Propane Partners LP Operating Margin % Historical Data

The historical data trend for Suburban Propane Partners LP's Operating Margin % 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 Operating Margin % Chart

Suburban Propane Partners LP Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.66 16.55 13.74 14.47 12.90

Suburban Propane Partners LP Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Operating Margin % 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 1.76 13.33 27.48 3.22 -10.81

Competitive Comparison of Suburban Propane Partners LP's Operating Margin %

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

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

* The bar in red indicates where Suburban Propane Partners LP's Operating Margin % falls into.



Suburban Propane Partners LP Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Suburban Propane Partners LP's Operating Margin % for the fiscal year that ended in Sep. 2024 is calculated as

Operating Margin %=Operating Income (A: Sep. 2024 ) / Revenue (A: Sep. 2024 )
=171.25 / 1327.172
=12.90 %

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

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=-22.548 / 208.641
=-10.81 %

* 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  (NYSE:SPH) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Suburban Propane Partners LP Operating Margin % Related Terms

Thank you for viewing the detailed overview of Suburban Propane Partners LP's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


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
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
Douglas Brinkworth officer: Vice President, Product Supply C/O SUBURBAN PROPANE PARTERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981
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