Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Suburban Propane Partners LP's current 3-Year Share Buyback Ratio was -1.50%.
The historical rank and industry rank for Suburban Propane Partners LP's 3-Year Share Buyback Ratio or its related term are showing as below:
SPH'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -19.5 Med: -2.6 Max: 8.2
Current: -1.5
During the past 13 years, Suburban Propane Partners LP's highest 3-Year Share Buyback Ratio was 8.20%. The lowest was -19.50%. And the median was -2.60%.
SPH's 3-Year Share Buyback Ratio is ranked worse than 50.43% of 230
companies
in the Utilities - Regulated industry
Industry Median: -1.45
vs SPH: -1.50
Suburban Propane Partners LP (NYSE:SPH) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Suburban Propane Partners LP 3-Year Share Buyback Ratio Related Terms
SPH vs NWN, RGCO, OPAL: 3-Year Share Buyback Ratio Comparison
For the Utilities - Regulated Gas subindustry, Suburban Propane Partners LP's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Suburban Propane Partners LP's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Suburban Propane Partners LP's 3-Year Share Buyback Ratio falls into.
Suburban Propane Partners LP 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of -1.50 mean?
Suburban Propane Partners LP (SPH) has a 3-Year Share Buyback Ratio of -1.50 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Suburban Propane Partners LP and its competitors. According to the industry distribution chart, Suburban Propane Partners LP ranks #116 out of 230 companies in the Utilities - Regulated industry, placing it in the top 50.4%.
Is Suburban Propane Partners LP's 3-Year Share Buyback Ratio too high?
Suburban Propane Partners LP's current 3-Year Share Buyback Ratio is -1.50. Based on the distribution chart, Suburban Propane Partners LP ranks #116 out of 230 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Suburban Propane Partners LP has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Suburban Propane Partners LP's 3-Year Share Buyback Ratio compare to NWN and RGCO?
According to the Utilities - Regulated industry distribution chart, Suburban Propane Partners LP ranks #116 out of 230 companies for 3-Year Share Buyback Ratio. This places Suburban Propane Partners LP in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for an Utilities - Regulated company?
A good 3-Year Share Buyback Ratio depends on the Utilities - Regulated industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Suburban Propane Partners LP and its competitors. Suburban Propane Partners LP's current 3-Year Share Buyback Ratio is -1.50. 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 $18.31, compared to a current price of $17.71 — trading 3.3% below its estimated fair value. The current 3-Year Share Buyback Ratio is -1.50. Suburban Propane Partners LP's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Suburban Propane Partners LP (SPH), the current 3-Year Share Buyback Ratio is -1.50 as of Jun. 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 undervalued.
The current stock price of $17.71 is trading 3.3% below its estimated GF Value™ of $18.31.
GuruFocus considers Suburban Propane Partners LP to be Fairly Valued.
Key valuation signals for SPH:
3-Year Share Buyback Ratio: -1.50
GF Value™: $18.31 vs. price of $17.71 (3.3% below fair value)
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 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.
62GF Score
Get the complete analysis for SPH
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SPH has been successfully added to your 
