Suburban Propane

Suburban is a nationwide marketer and distributor of a diverse array of products to meet the energy needs of our customers, specializing in propane, fuel oil and refined fuels, as well as the marketing of natural gas and electricity in deregulated markets. In the residential and commercial markets, propane is used primarily for space heating, water heating, clothes drying and cooking. Industrial customers use propane generally as a motor fuel to power over-the-road vehicles, forklifts and stationary engines, to fire furnaces, as a cutting gas and in other process applications. In the agricultural market, propane is primarily used for tobacco curing, crop drying, poultry brooding and weed control. Propane is clean burning and, when consumed, produces only negligible amounts of pollutants, that's why propane is the safe, “go anywhere, do anything” green energy source for all seasons. Suburban Propane Partners also sells, installs, and services various whole-house heating products, air cleaners, humidifiers, de-humidifiers, hearth products, and space heaters to the customers of its propane, fuel oil, natural gas, and electricity products, as well as offers services, such as duct cleaning, air balancing, and energy audits. The company was founded in 1945 and is based in Whippany, New Jersey.
Company Growth (employees)
Type
Public
HQ
Hanover, US
Founded
1945
Size (employees)
3,417 (est)
Suburban Propane was founded in 1945 and is headquartered in Hanover, US

Suburban Propane Office Locations

Suburban Propane has an office in Hanover
Hanover, US (HQ)
240 NJ-10

Suburban Propane Data and Metrics

Suburban Propane Financial Metrics

Suburban Propane's revenue was reported to be $450.6 m in Q2, 2017
USD

Revenue (Q2, 2017)

450.6 m

Gross profit (Q2, 2017)

258.1 m

Gross profit margin (Q2, 2017), %

57%

Net income (Q2, 2017)

83.8 m

EBIT (Q2, 2017)

102.9 m

Market capitalization (22-Aug-2017)

1.5 b

Cash (25-Mar-2017)

7 m
Suburban Propane's current market capitalization is $1.5 b.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.7 b1.9 b1.4 b1 b

Revenue growth, %

14%(27%)(26%)

Cost of goods sold

678.7 m599.1 m861.9 m1.1 b593.4 m362 m

Gross profit

841.7 m857.5 m823.6 m684.2 m

Gross profit Margin, %

49%44%58%65%

General and administrative expense

61.1 m

Operating expense total

61.1 m

Depreciation and amortization

35.6 m47 m130.4 m136.4 m133.3 m129.6 m

EBIT

177 m190.1 m177.8 m90.4 m

EBIT margin, %

10%10%13%9%

Interest expense

95.4 m83.3 m77.6 m75.1 m

Pre tax profit

79.4 m95.3 m85.1 m15 m

Income tax expense

884 k137 k607 k767 k700 k588 k

Net Income

78.8 m94.5 m84.4 m14.4 m
USDQ3, 2014Q1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017

Revenue

297.1 m422.9 m599.4 m220.3 m275.9 m404.1 m205.1 m317.3 m450.6 m

Cost of goods sold

161.5 m187.9 m253.7 m94.2 m92.5 m137 m75.5 m118.2 m192.5 m

Gross profit

135.7 m235 m345.7 m126.1 m183.4 m267.1 m129.6 m199.1 m258.1 m

Gross profit Margin, %

46%56%58%57%66%66%63%63%57%

General and administrative expense

13.3 m19.3 m20.4 m15 m15.5 m15.2 m14.5 m15 m12.2 m

Operating expense total

13.3 m19.3 m20.4 m15 m15.5 m15.2 m14.5 m15 m12.2 m

EBIT

(26.6 m)76 m171.6 m(21.8 m)31.3 m111.2 m(10.8 m)53.5 m102.9 m

EBIT margin, %

(9%)18%29%(10%)11%28%(5%)17%23%

Interest expense

20.7 m20 m19.7 m18.9 m18.9 m18.9 m18.6 m18.8 m17.5 m

Pre tax profit

56 m136.8 m(40.8 m)12.5 m92.1 m(29.4 m)34.7 m83.8 m

Income tax expense

163 k162 k174 k185 k185 k58 k180 k165 k(9 k)

Net Income

(59 m)55.8 m136.6 m(41 m)12.3 m92 m(29.6 m)34.5 m83.8 m
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

156.9 m149.6 m134.3 m107.2 m92.6 m152.3 m37.3 m

Inventories

77.6 m91 m47.7 m45.4 m

Current Assets

293.3 m294.9 m273.4 m147.3 m

PP&E

888.2 m826.8 m781.1 m742.1 m

Goodwill

1.1 b1.1 b1.1 b1.1 b

Total Assets

2.7 b2.6 b2.5 b2.3 b

Accounts Payable

52.8 m49.3 m34.9 m32.3 m

Current Liabilities

233.9 m222.3 m210.3 m205.1 m
USDQ3, 2014Q1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017

Cash

69.3 m62 m110.1 m147 m56.5 m58.7 m67.4 m4.6 m7 m

Inventories

78.5 m86.9 m58.9 m47.7 m51.9 m45.1 m40 m53.8 m47.3 m

Current Assets

305.2 m329.1 m380.2 m295.3 m217.9 m224.9 m184.6 m186.8 m196.9 m

PP&E

843.2 m815.4 m806.3 m796.8 m776.5 m769.5 m755.7 m730.3 m720.6 m

Goodwill

1.1 b1.1 b1.1 b1.1 b1.1 b1.1 b1.1 b1.1 b1.1 b

Total Assets

2.6 b2.6 b2.7 b2.5 b2.5 b2.4 b2.4 b2.3 b2.3 b

Accounts Payable

39.1 m55.2 m49.5 m27.8 m45.9 m35.8 m26.2 m68.8 m56.4 m

Current Liabilities

159.2 m229.6 m171.3 m154.8 m213.5 m162 m178.5 m235.3 m177.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

78.8 m94.5 m84.4 m14.4 m

Depreciation and Amortization

130.4 m136.4 m133.3 m129.6 m

Accounts Receivable

(5.9 m)(2.1 m)37 m6.3 m

Inventories

43.3 m2.4 m

Accounts Payable

(375 k)(3.5 m)(14.8 m)(1.9 m)

Cash From Operating Activities

214.3 m225.6 m324.2 m157.1 m

Capital Expenditures

(27.8 m)(30.1 m)(41.2 m)(38.4 m)

Cash From Investing Activities

(14.7 m)(16.5 m)(36 m)(53.9 m)

Long-term Borrowings

(168.9 m)(528.1 m)

Cash From Financing Activities

(226.7 m)(223.6 m)

Interest Paid

86.6 m91.8 m75.6 m74.3 m

Free Cash Flow

242.1 m255.6 m365.4 m118.7 m
USDQ3, 2014Q1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017

Net Income

(59 m)55.8 m136.6 m(41 m)12.3 m92 m(29.6 m)34.5 m83.8 m

Depreciation and Amortization

33 m32.6 m33.2 m32.7 m31.6 m33.2 m32.3 m31.3 m32.7 m

Inventories

78.5 m86.9 m58.9 m47.7 m51.9 m45.1 m40 m53.8 m47.3 m

Accounts Payable

39.1 m55.2 m49.5 m27.8 m45.9 m35.8 m26.2 m68.8 m56.4 m
USDY, 2017

Revenue/Employee

131.9 k

Suburban Propane Market Value History

Traffic Overview of Suburban Propane

Suburban Propane Online and Social Media Presence

Suburban Propane Company Life and Culture

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