Welcome to our dedicated page for Suburban Propane Partners SEC filings (Ticker: SPH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Suburban Propane Partners, L.P. (NYSE: SPH) SEC filings page provides access to the partnership’s official regulatory disclosures filed with the U.S. Securities and Exchange Commission. Suburban Propane is a publicly traded master limited partnership that describes itself as a nationwide distributor of propane, renewable propane, renewable natural gas (RNG), fuel oil and related products and services, as well as a marketer of natural gas and electricity and a producer of and investor in low carbon fuel alternatives.
Through this page, readers can review key filings such as Annual Reports on Form 10‑K, which include detailed information on the company’s operations, risk factors, and financial statements, and Current Reports on Form 8‑K, which Suburban Propane uses to report material events. Recent 8‑K filings have covered topics such as fiscal year and quarterly financial results, distribution declarations, conference call announcements, and financing transactions, including the pricing and completion of a private offering of 6.500% senior notes due 2035 and related plans to redeem outstanding senior notes due 2027.
Filings also describe Suburban Propane’s use of non‑GAAP financial measures like EBITDA and Adjusted EBITDA, and explain how the partnership views gross margin as revenues less cost of products sold. Risk-related disclosures discuss factors that may affect the business, including weather conditions, climate and regulatory developments, commodity price volatility, competition with other energy sources, renewable fuel project performance and environmental attribute markets, among others.
On Stock Titan, these SEC documents are complemented by AI-powered summaries designed to highlight the main points of lengthy filings such as 10‑K and 10‑Q reports, as well as significant 8‑K items. Users can quickly see the context of new debt offerings, distribution announcements, or changes in leverage and capital projects, while still having direct access to the full text on EDGAR. The page also helps track items relevant to governance and capital structure, including debt covenants and other obligations described in indentures filed as exhibits.
Suburban Propane Partners, L.P. reported stronger quarterly profitability despite flat sales. Revenue for the quarter ended December 27, 2025 was $370.4 million, slightly below $373.3 million a year earlier, but net income rose to $45.8 million from $19.4 million, lifting basic earnings to $0.69 per common unit versus $0.30.
Operating income increased to $67.7 million, while cash flow from operations swung to a $47.7 million outflow, primarily reflecting higher accounts receivable and lower customer deposits and other liabilities. The partnership continued to invest, with $19.8 million of capital spending and $22.2 million for business investments and acquisitions.
Long‑term borrowings rose to $1.32 billion, including a new $350 million 6.50% senior note due 2035 and higher revolver borrowings of $264.6 million, used in part to redeem its 2027 notes. The partnership issued common units under its at‑the‑market program and maintained quarterly cash distributions of $0.325 per unit.
Suburban Propane Partners, L.P. furnished an update on its business by issuing a press release describing its Fiscal 2026 first quarter financial results. The partnership furnished this press release as Exhibit 99.1 to the current report.
The company highlights several non-GAAP performance measures in that press release, including EBITDA, Adjusted EBITDA, and gross margin. Management explains that these metrics are intended to give investors and industry analysts additional insight into operating performance and how commodity prices affect profitability in its retail propane, fuel oil, and natural gas and electricity businesses.
Suburban Propane Partners, L.P. filed a current report to let investors know it has released a press release announcing its Fiscal 2026 first quarter distribution declaration. The partnership states that the press release, dated January 22, 2026, is furnished as an exhibit to the report rather than fully described in the body of the filing.
The filing does not detail the distribution terms within this text, but it confirms that information about the first quarter Fiscal 2026 distribution is now publicly available through the attached press release.
Suburban Propane Partners, L.P. filed a current report to let investors know it has scheduled a conference call to discuss its fiscal 2026 first quarter results. The partnership stated that it issued a press release announcing this Fiscal 2026 First Quarter Results Conference Call.
A copy of this press release is included as Exhibit 99.1, giving more detail about the timing and access information for the call. The filing is made under Regulation FD and other events, focusing on communication of upcoming financial results rather than reporting the results themselves.
ALPS Advisors, Inc. and Alerian MLP ETF reported a significant ownership position in Suburban Propane Partners LP. As of 12/31/2025, they beneficially owned 15,051,196 common units representing limited partner interests, equal to 22.75% of the class. Both entities report shared power to vote and dispose of these units, with no sole voting or dispositive power.
The units are owned by investment funds advised by ALPS Advisors, Inc., which may be deemed a beneficial owner due to its advisory role but expressly disclaims beneficial ownership. Alerian MLP ETF is one of these funds. The securities were acquired and are held in the ordinary course of business, and the reporting persons state they were not acquired for the purpose of changing or influencing control of Suburban Propane Partners LP.
Suburban Propane Partners, L.P. issued $350 million of 6.500% senior notes due 2035 under a new indenture with The Bank of New York Mellon as trustee. The notes are unsecured senior obligations, ranking equally with Suburban’s other unsecured senior debt and ahead of any future subordinated debt, but are structurally subordinated to liabilities at its subsidiaries.
The notes pay interest at 6.500% per year, with semiannual payments on June 15 and December 15, starting June 15, 2026. Net proceeds of about $344.3 million, together with borrowings under a revolving credit facility, have been or will be used to redeem all outstanding 5.875% senior notes due 2027 and to pay related fees and expenses. The notes were sold in a private offering to qualified institutional buyers under Rule 144A and to certain non-U.S. investors under Regulation S.
Suburban Propane Partners, L.P. is raising new debt in a private transaction and planning to refinance existing notes. The partnership has priced an offering of $350,000,000 aggregate principal amount of 6.500% senior notes due 2035, to be sold to qualified institutional buyers under Rule 144A and to certain non-U.S. investors under Regulation S, with closing expected on December 22, 2025, subject to customary conditions. On the same date, it issued a conditional notice of redemption to redeem all of its 5.875% senior notes due 2027 at 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date, if the stated conditions are satisfied.
Suburban Propane Partners, L.P. announced that it has commenced a private offering of $350,000,000 aggregate principal amount of senior notes due 2035. These senior notes are being offered in a transaction exempt from registration under the Securities Act of 1933.
The 2035 notes will not be registered under U.S. federal or state securities laws and may only be offered or sold in the United States under an applicable exemption from those registration requirements. The company also released a press statement describing the start of this senior notes offering, which is referenced as an exhibit.
Suburban Propane Partners LP director reports Rule 10b5-1 sale
A director of Suburban Propane Partners LP (SPH) reported selling 10,000 common units representing limited partnership interests on 12/02/2025 at a price of $19.31 per unit. This was disclosed as an open market sale coded "S" in the non-derivative securities table.
After this transaction, the reporting person beneficially owns 63,176 common units, held directly. The filing notes that the sale was made under a written trading plan entered into on August 14, 2025, intended to meet the affirmative defense conditions of Rule 10b5-1(c), which allows pre-arranged trading programs for insiders.
Suburban Propane Partners LP insider plans to sell common units under Rule 144. A holder has filed a notice to sell 10,000 common units through Merrill at the NYSE, with an aggregate market value of $193,100 based on recent prices. The filing notes that 66,157,310 common units are outstanding. The units to be sold were previously acquired as stock bonus awards from the company on several dates between 2020 and 2023, meaning the seller is monetizing equity compensation rather than making a new purchase. This notice indicates an intention to sell but does not by itself complete the transaction.