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Side-by-side financial comparison of SEACOAST BANKING CORP OF FLORIDA (SBCF) and SUBURBAN PROPANE PARTNERS LP (SPH). Click either name above to swap in a different company.

SUBURBAN PROPANE PARTNERS LP is the larger business by last-quarter revenue ($370.4M vs $203.3M, roughly 1.8× SEACOAST BANKING CORP OF FLORIDA). On growth, SEACOAST BANKING CORP OF FLORIDA posted the faster year-over-year revenue change (53.0% vs -0.8%). Over the past eight quarters, SEACOAST BANKING CORP OF FLORIDA's revenue compounded faster (27.2% CAGR vs -13.8%).

Seacoast Banking Corporation of Florida is a Florida-headquartered US financial holding company. It provides full consumer and commercial banking services including deposits, personal and business loans, wealth management and insurance, serving individuals, SMEs and local commercial entities mainly across Florida's regional markets.

Suburban Propane Partners LP is a leading U.S. distributor of propane, natural gas, heating oil and related energy products, serving residential, commercial, industrial and agricultural customers across the country. It also provides HVAC system installation, maintenance and repair services, catering mainly to suburban and off-grid communities.

SBCF vs SPH — Head-to-Head

Bigger by revenue
SPH
SPH
1.8× larger
SPH
$370.4M
$203.3M
SBCF
Growing faster (revenue YoY)
SBCF
SBCF
+53.8% gap
SBCF
53.0%
-0.8%
SPH
Faster 2-yr revenue CAGR
SBCF
SBCF
Annualised
SBCF
27.2%
-13.8%
SPH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
SBCF
SBCF
SPH
SPH
Revenue
$203.3M
$370.4M
Net Profit
$45.8M
Gross Margin
64.7%
Operating Margin
21.4%
18.3%
Net Margin
12.4%
Revenue YoY
53.0%
-0.8%
Net Profit YoY
135.7%
EPS (diluted)
$0.28
$0.69

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SBCF
SBCF
SPH
SPH
Q4 25
$203.3M
$370.4M
Q3 25
$157.3M
$211.4M
Q2 25
$151.4M
$260.1M
Q1 25
$140.7M
$587.7M
Q4 24
$132.9M
$373.3M
Q3 24
$130.3M
$208.6M
Q2 24
$126.6M
$254.6M
Q1 24
$125.6M
$498.1M
Net Profit
SBCF
SBCF
SPH
SPH
Q4 25
$45.8M
Q3 25
$36.5M
$-35.1M
Q2 25
$42.7M
$-14.8M
Q1 25
$31.5M
$137.1M
Q4 24
$19.4M
Q3 24
$30.7M
$-44.6M
Q2 24
$30.2M
$-17.2M
Q1 24
$26.0M
$111.5M
Gross Margin
SBCF
SBCF
SPH
SPH
Q4 25
64.7%
Q3 25
64.7%
Q2 25
61.7%
Q1 25
58.8%
Q4 24
60.6%
Q3 24
59.4%
Q2 24
62.9%
Q1 24
61.8%
Operating Margin
SBCF
SBCF
SPH
SPH
Q4 25
21.4%
18.3%
Q3 25
29.8%
-7.9%
Q2 25
36.5%
2.1%
Q1 25
29.0%
27.0%
Q4 24
32.8%
15.8%
Q3 24
30.1%
-10.8%
Q2 24
30.9%
3.2%
Q1 24
26.9%
27.5%
Net Margin
SBCF
SBCF
SPH
SPH
Q4 25
12.4%
Q3 25
23.2%
-16.6%
Q2 25
28.2%
-5.7%
Q1 25
22.4%
23.3%
Q4 24
5.2%
Q3 24
23.5%
-21.4%
Q2 24
23.9%
-6.8%
Q1 24
20.7%
22.4%
EPS (diluted)
SBCF
SBCF
SPH
SPH
Q4 25
$0.28
$0.69
Q3 25
$0.42
$-0.55
Q2 25
$0.50
$-0.23
Q1 25
$0.37
$2.10
Q4 24
$0.39
$0.30
Q3 24
$0.36
$-0.69
Q2 24
$0.36
$-0.27
Q1 24
$0.31
$1.72

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SBCF
SBCF
SPH
SPH
Cash + ST InvestmentsLiquidity on hand
$388.5M
$1.3M
Total DebtLower is stronger
$112.8M
$1.3B
Stockholders' EquityBook value
$2.7B
Total Assets
$20.8B
$2.4B
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SBCF
SBCF
SPH
SPH
Q4 25
$388.5M
$1.3M
Q3 25
$306.0M
$405.0K
Q2 25
$332.4M
$1.3M
Q1 25
$500.6M
$3.9M
Q4 24
$476.6M
$4.4M
Q3 24
$637.1M
$3.2M
Q2 24
$749.5M
$4.9M
Q1 24
$682.7M
$4.4M
Total Debt
SBCF
SBCF
SPH
SPH
Q4 25
$112.8M
$1.3B
Q3 25
$107.5M
$1.2B
Q2 25
$107.3M
$1.2B
Q1 25
$107.1M
$1.3B
Q4 24
$107.0M
$1.3B
Q3 24
$106.8M
$1.2B
Q2 24
$106.6M
$1.2B
Q1 24
$106.5M
$1.2B
Stockholders' Equity
SBCF
SBCF
SPH
SPH
Q4 25
$2.7B
Q3 25
$2.4B
Q2 25
$2.3B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$2.2B
Q2 24
$2.1B
Q1 24
$2.1B
Total Assets
SBCF
SBCF
SPH
SPH
Q4 25
$20.8B
$2.4B
Q3 25
$16.7B
$2.3B
Q2 25
$15.9B
$2.3B
Q1 25
$15.7B
$2.4B
Q4 24
$15.2B
$2.4B
Q3 24
$15.2B
$2.3B
Q2 24
$15.0B
$2.3B
Q1 24
$14.8B
$2.3B
Debt / Equity
SBCF
SBCF
SPH
SPH
Q4 25
0.04×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.05×
Q4 24
0.05×
Q3 24
0.05×
Q2 24
0.05×
Q1 24
0.05×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SBCF
SBCF
SPH
SPH
Operating Cash FlowLast quarter
$188.1M
$-47.7M
Free Cash FlowOCF − Capex
$-67.5M
FCF MarginFCF / Revenue
-18.2%
Capex IntensityCapex / Revenue
5.3%
Cash ConversionOCF / Net Profit
-1.04×
TTM Free Cash FlowTrailing 4 quarters
$61.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SBCF
SBCF
SPH
SPH
Q4 25
$188.1M
$-47.7M
Q3 25
$30.2M
$41.8M
Q2 25
$72.3M
$95.5M
Q1 25
$31.0M
$40.1M
Q4 24
$179.9M
$8.8M
Q3 24
$53.4M
$36.8M
Q2 24
$56.9M
$61.4M
Q1 24
$24.7M
$75.1M
Free Cash Flow
SBCF
SBCF
SPH
SPH
Q4 25
$-67.5M
Q3 25
$27.7M
Q2 25
$80.9M
Q1 25
$20.8M
Q4 24
$-15.1M
Q3 24
$17.7M
Q2 24
$46.8M
Q1 24
$60.6M
FCF Margin
SBCF
SBCF
SPH
SPH
Q4 25
-18.2%
Q3 25
13.1%
Q2 25
31.1%
Q1 25
3.5%
Q4 24
-4.0%
Q3 24
8.5%
Q2 24
18.4%
Q1 24
12.2%
Capex Intensity
SBCF
SBCF
SPH
SPH
Q4 25
5.3%
Q3 25
6.7%
Q2 25
5.6%
Q1 25
3.3%
Q4 24
6.4%
Q3 24
9.1%
Q2 24
5.8%
Q1 24
2.9%
Cash Conversion
SBCF
SBCF
SPH
SPH
Q4 25
-1.04×
Q3 25
0.83×
Q2 25
1.69×
Q1 25
0.99×
0.29×
Q4 24
0.45×
Q3 24
1.74×
Q2 24
1.88×
Q1 24
0.95×
0.67×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SBCF
SBCF

Segment breakdown not available.

SPH
SPH

Propane$326.4M88%
Other Sales Revenue Net$19.9M5%
Fuel Oil And Refined Fuels$18.2M5%
Natural Gas And Electricity$5.9M2%
Wholesale$4.1M1%

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