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SUBURBAN PROPANE PARTNERS LP（SPH）与WSFS FINANCIAL CORP（WSFS）财务数据对比。点击上方公司名可切换其他公司
SUBURBAN PROPANE PARTNERS LP的季度营收约是WSFS FINANCIAL CORP的1.3倍（$370.4M vs $275.3M），WSFS FINANCIAL CORP净利率更高（31.5% vs 12.4%，领先19.2%），WSFS FINANCIAL CORP同比增速更快（7.5% vs -0.8%），过去两年WSFS FINANCIAL CORP的营收复合增速更高（1.7% vs -13.8%）
Suburban Propane Partners LP是美国领先的丙烷、天然气、取暖油及相关能源产品分销商，服务覆盖住宅、商业、工业、农业等各类客户，同时提供暖通空调系统的安装、维护与维修服务，业务范围遍布全美。
WSFS金融集团是一家金融服务企业，核心子公司WSFS银行是总部位于特拉华州及大特拉华谷地区规模最大、经营历史最久的本地管理银行与财富管理机构。集团共运营115个网点，其中88个为银行网点，分布在宾夕法尼亚、特拉华、新泽西、佛罗里达、弗吉尼亚、内华达六州，提供全面金融服务。
SPH vs WSFS — 直观对比
营收规模更大
SPH
是对方的1.3倍
$275.3M
营收增速更快
WSFS
高出8.3%
-0.8%
净利率更高
WSFS
高出19.2%
12.4%
两年增速更快
WSFS
近两年复合增速
-13.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $370.4M | $275.3M |
| 净利润 | $45.8M | $86.8M |
| 毛利率 | 64.7% | — |
| 营业利润率 | 18.3% | — |
| 净利率 | 12.4% | 31.5% |
| 营收同比 | -0.8% | 7.5% |
| 净利润同比 | 135.7% | 31.7% |
| 每股收益（稀释后） | $0.69 | $1.64 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收SPHWSFS
| Q1 26 | — | $275.3M | ||
| Q4 25 | $370.4M | $271.9M | ||
| Q3 25 | $211.4M | $270.5M | ||
| Q2 25 | $260.1M | $267.5M | ||
| Q1 25 | $587.7M | $256.1M | ||
| Q4 24 | $373.3M | $261.5M | ||
| Q3 24 | $208.6M | $267.7M | ||
| Q2 24 | $254.6M | $266.0M |
净利润SPHWSFS
| Q1 26 | — | $86.8M | ||
| Q4 25 | $45.8M | $72.7M | ||
| Q3 25 | $-35.1M | $76.4M | ||
| Q2 25 | $-14.8M | $72.3M | ||
| Q1 25 | $137.1M | $65.9M | ||
| Q4 24 | $19.4M | $64.2M | ||
| Q3 24 | $-44.6M | $64.4M | ||
| Q2 24 | $-17.2M | $69.3M |
毛利率SPHWSFS
| Q1 26 | — | — | ||
| 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% | — |
营业利润率SPHWSFS
| Q1 26 | — | — | ||
| Q4 25 | 18.3% | 35.8% | ||
| Q3 25 | -7.9% | 37.3% | ||
| Q2 25 | 2.1% | 35.7% | ||
| Q1 25 | 27.0% | 34.0% | ||
| Q4 24 | 15.8% | 32.3% | ||
| Q3 24 | -10.8% | 31.9% | ||
| Q2 24 | 3.2% | 34.0% |
净利率SPHWSFS
| Q1 26 | — | 31.5% | ||
| Q4 25 | 12.4% | 26.7% | ||
| Q3 25 | -16.6% | 28.3% | ||
| Q2 25 | -5.7% | 27.0% | ||
| Q1 25 | 23.3% | 25.7% | ||
| Q4 24 | 5.2% | 24.6% | ||
| Q3 24 | -21.4% | 24.1% | ||
| Q2 24 | -6.8% | 26.0% |
每股收益（稀释后）SPHWSFS
| Q1 26 | — | $1.64 | ||
| Q4 25 | $0.69 | $1.33 | ||
| Q3 25 | $-0.55 | $1.37 | ||
| Q2 25 | $-0.23 | $1.27 | ||
| Q1 25 | $2.10 | $1.12 | ||
| Q4 24 | $0.30 | $1.08 | ||
| Q3 24 | $-0.69 | $1.08 | ||
| Q2 24 | $-0.27 | $1.16 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.3M | — |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | — | $2.7B |
| 总资产 | $2.4B | $22.1B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资SPHWSFS
| Q1 26 | — | — | ||
| Q4 25 | $1.3M | $1.7B | ||
| Q3 25 | $405.0K | — | ||
| Q2 25 | $1.3M | — | ||
| Q1 25 | $3.9M | — | ||
| Q4 24 | $4.4M | $1.2B | ||
| Q3 24 | $3.2M | — | ||
| Q2 24 | $4.9M | — |
总债务SPHWSFS
| Q1 26 | — | — | ||
| 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 | — |
股东权益SPHWSFS
| Q1 26 | — | $2.7B | ||
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.5B |
总资产SPHWSFS
| Q1 26 | — | $22.1B | ||
| Q4 25 | $2.4B | $21.3B | ||
| Q3 25 | $2.3B | $20.8B | ||
| Q2 25 | $2.3B | $20.8B | ||
| Q1 25 | $2.4B | $20.5B | ||
| Q4 24 | $2.4B | $20.8B | ||
| Q3 24 | $2.3B | $20.9B | ||
| Q2 24 | $2.3B | $20.7B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-47.7M | — |
| 自由现金流经营现金流 - 资本支出 | $-67.5M | — |
| 自由现金流率自由现金流/营收 | -18.2% | — |
| 资本支出强度资本支出/营收 | 5.3% | — |
| 现金转化率经营现金流/净利润 | -1.04× | — |
| 过去12个月自由现金流最近4个季度 | $61.9M | — |
8季度趋势，按日历期对齐
经营现金流SPHWSFS
| Q1 26 | — | — | ||
| Q4 25 | $-47.7M | $220.0M | ||
| Q3 25 | $41.8M | $121.5M | ||
| Q2 25 | $95.5M | $37.2M | ||
| Q1 25 | $40.1M | $8.7M | ||
| Q4 24 | $8.8M | $219.9M | ||
| Q3 24 | $36.8M | $3.1M | ||
| Q2 24 | $61.4M | $44.8M |
自由现金流SPHWSFS
| Q1 26 | — | — | ||
| Q4 25 | $-67.5M | $213.6M | ||
| Q3 25 | $27.7M | $120.3M | ||
| Q2 25 | $80.9M | $35.2M | ||
| Q1 25 | $20.8M | $6.3M | ||
| Q4 24 | $-15.1M | $205.6M | ||
| Q3 24 | $17.7M | $-489.0K | ||
| Q2 24 | $46.8M | $42.1M |
自由现金流率SPHWSFS
| Q1 26 | — | — | ||
| Q4 25 | -18.2% | 78.6% | ||
| Q3 25 | 13.1% | 44.5% | ||
| Q2 25 | 31.1% | 13.2% | ||
| Q1 25 | 3.5% | 2.5% | ||
| Q4 24 | -4.0% | 78.6% | ||
| Q3 24 | 8.5% | -0.2% | ||
| Q2 24 | 18.4% | 15.8% |
资本支出强度SPHWSFS
| Q1 26 | — | — | ||
| Q4 25 | 5.3% | 2.3% | ||
| Q3 25 | 6.7% | 0.5% | ||
| Q2 25 | 5.6% | 0.7% | ||
| Q1 25 | 3.3% | 0.9% | ||
| Q4 24 | 6.4% | 5.5% | ||
| Q3 24 | 9.1% | 1.4% | ||
| Q2 24 | 5.8% | 1.0% |
现金转化率SPHWSFS
| Q1 26 | — | — | ||
| Q4 25 | -1.04× | 3.03× | ||
| Q3 25 | — | 1.59× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | 0.29× | 0.13× | ||
| Q4 24 | 0.45× | 3.43× | ||
| Q3 24 | — | 0.05× | ||
| Q2 24 | — | 0.65× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
SPH
| Propane | $326.4M | 88% |
| Other Sales Revenue Net | $19.9M | 5% |
| Fuel Oil And Refined Fuels | $18.2M | 5% |
| Natural Gas And Electricity | $5.9M | 2% |
| Wholesale | $4.1M | 1% |
WSFS
暂无分部数据
