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Side-by-side financial comparison of SUBURBAN PROPANE PARTNERS LP (SPH) and UNITED FIRE GROUP INC (UFCS). 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 $365.8M, roughly 1.0× UNITED FIRE GROUP INC). On growth, UNITED FIRE GROUP INC posted the faster year-over-year revenue change (9.8% vs -0.8%). Over the past eight quarters, UNITED FIRE GROUP INC's revenue compounded faster (11.2% CAGR vs -13.8%).

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.

The United Fruit Company was an American multinational corporation that traded in tropical fruit grown on Latin American plantations and sold in the United States and Europe. The company was formed in 1899 from the merger of the Boston Fruit Company with Minor C. Keith's banana-trading enterprises. It flourished in the early and mid-20th century, and it came to control vast territories and transportation networks in Central America, the Caribbean coast of Colombia, and the West Indies. Althou...

SPH vs UFCS — Head-to-Head

Bigger by revenue
SPH
SPH
1.0× larger
SPH
$370.4M
$365.8M
UFCS
Growing faster (revenue YoY)
UFCS
UFCS
+10.6% gap
UFCS
9.8%
-0.8%
SPH
Faster 2-yr revenue CAGR
UFCS
UFCS
Annualised
UFCS
11.2%
-13.8%
SPH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
SPH
SPH
UFCS
UFCS
Revenue
$370.4M
$365.8M
Net Profit
$45.8M
Gross Margin
64.7%
Operating Margin
18.3%
13.2%
Net Margin
12.4%
Revenue YoY
-0.8%
9.8%
Net Profit YoY
135.7%
EPS (diluted)
$0.69
$1.45

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
SPH
SPH
UFCS
UFCS
Q4 25
$370.4M
$365.8M
Q3 25
$211.4M
$354.0M
Q2 25
$260.1M
$335.5M
Q1 25
$587.7M
$331.1M
Q4 24
$373.3M
$333.2M
Q3 24
$208.6M
$323.0M
Q2 24
$254.6M
$301.2M
Q1 24
$498.1M
$296.0M
Net Profit
SPH
SPH
UFCS
UFCS
Q4 25
$45.8M
Q3 25
$-35.1M
$39.2M
Q2 25
$-14.8M
$22.9M
Q1 25
$137.1M
$17.7M
Q4 24
$19.4M
Q3 24
$-44.6M
$19.7M
Q2 24
$-17.2M
$-2.7M
Q1 24
$111.5M
$13.5M
Gross Margin
SPH
SPH
UFCS
UFCS
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
SPH
SPH
UFCS
UFCS
Q4 25
18.3%
13.2%
Q3 25
-7.9%
13.7%
Q2 25
2.1%
8.7%
Q1 25
27.0%
6.6%
Q4 24
15.8%
11.9%
Q3 24
-10.8%
7.7%
Q2 24
3.2%
-1.3%
Q1 24
27.5%
5.5%
Net Margin
SPH
SPH
UFCS
UFCS
Q4 25
12.4%
Q3 25
-16.6%
11.1%
Q2 25
-5.7%
6.8%
Q1 25
23.3%
5.3%
Q4 24
5.2%
Q3 24
-21.4%
6.1%
Q2 24
-6.8%
-0.9%
Q1 24
22.4%
4.6%
EPS (diluted)
SPH
SPH
UFCS
UFCS
Q4 25
$0.69
$1.45
Q3 25
$-0.55
$1.49
Q2 25
$-0.23
$0.87
Q1 25
$2.10
$0.67
Q4 24
$0.30
$1.22
Q3 24
$-0.69
$0.76
Q2 24
$-0.27
$-0.11
Q1 24
$1.72
$0.52

Balance Sheet & Financial Strength

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

Metric
SPH
SPH
UFCS
UFCS
Cash + ST InvestmentsLiquidity on hand
$1.3M
$156.3M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$941.2M
Total Assets
$2.4B
$3.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SPH
SPH
UFCS
UFCS
Q4 25
$1.3M
$156.3M
Q3 25
$405.0K
$233.7M
Q2 25
$1.3M
$202.1M
Q1 25
$3.9M
$183.7M
Q4 24
$4.4M
$200.9M
Q3 24
$3.2M
$197.4M
Q2 24
$4.9M
$153.4M
Q1 24
$4.4M
$217.8M
Total Debt
SPH
SPH
UFCS
UFCS
Q4 25
$1.3B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.2B
Stockholders' Equity
SPH
SPH
UFCS
UFCS
Q4 25
$941.2M
Q3 25
$898.7M
Q2 25
$845.7M
Q1 25
$817.7M
Q4 24
$781.5M
Q3 24
$785.8M
Q2 24
$726.6M
Q1 24
$736.8M
Total Assets
SPH
SPH
UFCS
UFCS
Q4 25
$2.4B
$3.8B
Q3 25
$2.3B
$3.8B
Q2 25
$2.3B
$3.7B
Q1 25
$2.4B
$3.5B
Q4 24
$2.4B
$3.5B
Q3 24
$2.3B
$3.5B
Q2 24
$2.3B
$3.4B
Q1 24
$2.3B
$3.2B

Cash Flow & Capital Efficiency

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

Metric
SPH
SPH
UFCS
UFCS
Operating Cash FlowLast quarter
$-47.7M
$269.7M
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
SPH
SPH
UFCS
UFCS
Q4 25
$-47.7M
$269.7M
Q3 25
$41.8M
$60.8M
Q2 25
$95.5M
$53.4M
Q1 25
$40.1M
$35.7M
Q4 24
$8.8M
$340.3M
Q3 24
$36.8M
$56.5M
Q2 24
$61.4M
$91.3M
Q1 24
$75.1M
$36.2M
Free Cash Flow
SPH
SPH
UFCS
UFCS
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
SPH
SPH
UFCS
UFCS
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
SPH
SPH
UFCS
UFCS
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
SPH
SPH
UFCS
UFCS
Q4 25
-1.04×
Q3 25
1.55×
Q2 25
2.33×
Q1 25
0.29×
2.02×
Q4 24
0.45×
Q3 24
2.86×
Q2 24
Q1 24
0.67×
2.68×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

UFCS
UFCS

Segment breakdown not available.

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