Suburban Propane Partners LP | 10-K: FY2025 Revenue Misses Estimate at USD 1.433 B

Revenue: As of FY2025, the actual value is USD 1.433 B, missing the estimate of USD 1.448 B.

EPS: As of FY2025, the actual value is USD 1.62, beating the estimate of USD 1.565.

EBIT: As of FY2025, the actual value is USD 184.18 M.

Propane Segment

• Revenue: $1,265.5 million, an increase of 10.0% from $1,150.0 million in the prior year.
• Retail Gallons Sold: 400.5 million gallons, an increase of 5.9% from 378.3 million gallons in the prior year.
• Cost of Products Sold: $493.6 million, an increase of 11.3% from $443.6 million in the prior year.

Fuel Oil and Refined Fuels Segment

• Revenue: $67.4 million, a decrease of 8.7% from $73.8 million in the prior year.
• Retail Gallons Sold: 16.5 million gallons, a decrease of 2.2% from 16.9 million gallons in the prior year.
• Cost of Products Sold: $41.0 million, a decrease of 17.5% from $49.7 million in the prior year.

Natural Gas and Electricity Segment

• Revenue: $24.6 million, a decrease of 5.0% from $25.9 million in the prior year.
• Cost of Products Sold: $14.6 million, an increase of 5.6% from $13.8 million in the prior year.

All Other Segment

• Revenue: $75.1 million, a decrease of 3.1% from $77.5 million in the prior year.
• Cost of Products Sold: $14.5 million, a decrease of 3.7% from $15.1 million in the prior year.

Cash Flow

• Net Cash Provided by Operating Activities: $186.3 million, an increase of $25.7 million compared to the prior year.
• Net Cash Used in Investing Activities: $128.3 million, primarily for capital expenditures and acquisitions.
• Net Cash Used in Financing Activities: $66.7 million, reflecting distributions to Unitholders and net repayments of borrowings.

Outlook / Guidance

• The company anticipates cash requirements for fiscal 2026 to include maintenance and growth capital expenditures, interest and income tax payments, and distributions to Unitholders.
• Based on liquidity position and expected cash flow, the company expects to have sufficient funds to meet current and future obligations.
• The strategic growth plan focuses on fostering the growth of the core propane business while investing in renewable energy technologies.