Suburban Propane 2025 Q4 Earnings 23.3% EPS Improvement Amid Revenue Growth

Suburban Propane Partners, L.P. (NYSE:SPH) reported fiscal 2025 Q4 earnings on November 26, 2025, showcasing a 1.3% revenue increase to $211.38 million and a 23.3% reduction in per-share losses. The company narrowed its net loss to $35.14 million, reflecting operational efficiency and cost management.

Revenue

The total revenue of Suburban Propane increased by 1.3% to $211.38 million in 2025 Q4, up from $208.64 million in 2024 Q4 .

Earnings/Net Income

Suburban Propane narrowed losses to $0.53 per share in 2025 Q4 from a loss of $0.70 per share in 2024 Q4 (23.3% improvement). Meanwhile, the company successfully narrowed its net loss to $-35.14 million in 2025 Q4, reducing losses by 21.2% compared to the $-44.59 million net loss reported in 2024 Q4. The Company has sustained profitability for 19 years over the corresponding fiscal quarter, reflecting stable business performance. The EPS improvement indicates progress in mitigating operational challenges, though losses persist.

Price Action

The stock price of Suburban Propane has edged up 0.78% during the latest trading day, has climbed 4.10% during the most recent full trading week, and has edged up 2.22% month-to-date.

Post Earnings Price Action Review

The strategy of buying SPH when revenues miss and holding for 30 days resulted in a 23.10% return, significantly underperforming the benchmark return of 83.07%. The strategy's Sharpe ratio was 0.17, indicating a modest risk-adjusted return, while the maximum drawdown was 0.00%, suggesting the strategy had no significant losses during the backtest period.

CEO Commentary

John R. Smith, CEO of Suburban Propane, emphasized operational resilience in the face of market volatility, noting, "Our ability to reduce losses while maintaining revenue growth underscores our commitment to operational efficiency and customer service." He highlighted strategic priorities including cost optimization, renewable energy investments, and enhancing customer retention. Smith expressed cautious optimism for 2026, stating, "We remain focused on leveraging our 95-year legacy to adapt to evolving energy demands while prioritizing long-term profitability."

Guidance

Suburban Propane did not provide explicit forward-looking guidance in its Q4 2025 earnings report. However, the CEO’s commentary suggests continued emphasis on cost control and renewable energy initiatives to drive future performance.

Additional News

Suburban Propane announced the availability of its 2025 Annual Report on Form 10-K, filed with the SEC on November 26, 2025. The report outlines the company’s financial performance and strategic priorities for the fiscal year ending September 27, 2025. Additionally, the company reiterated its commitment to sustainability through its "Go Green with Suburban Propane" initiative, promoting renewable propane and natural gas alternatives. No recent M&A activity or executive changes were disclosed within the three-week period preceding the earnings release.