Suburban Income Tax Expense from 2010 to 2024

SPH Stock  USD 19.35  0.39  2.06%   
Suburban Propane's Income Tax Expense is decreasing with slightly volatile movements from year to year. Income Tax Expense is predicted to flatten to about 571.1 K. For the period between 2010 and 2024, Suburban Propane, Income Tax Expense quarterly trend regression had mean deviation of  2,964,068 and range of 24.9 M. View All Fundamentals
 
Income Tax Expense  
First Reported
1994-12-31
Previous Quarter
32 K
Current Value
243 K
Quarterly Volatility
7.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Suburban Propane financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Suburban Propane's main balance sheet or income statement drivers, such as Depreciation And Amortization of 61.6 M, Interest Expense of 48.2 M or Selling General Administrative of 50.8 M, as well as many indicators such as Price To Sales Ratio of 0.82, Dividend Yield of 0.17 or PTB Ratio of 1.88. Suburban financial statements analysis is a perfect complement when working with Suburban Propane Valuation or Volatility modules.
  
Check out the analysis of Suburban Propane Correlation against competitors.

Latest Suburban Propane's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Suburban Propane Partners over the last few years. It is Suburban Propane's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Suburban Propane's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Suburban Income Tax Expense Regression Statistics

Arithmetic Mean2,069,489
Geometric Mean669,342
Coefficient Of Variation297.86
Mean Deviation2,964,068
Median601,200
Standard Deviation6,164,085
Sample Variance38T
Range24.9M
R-Value(0.43)
Mean Square Error33.5T
R-Squared0.18
Significance0.11
Slope(586,442)
Total Sum of Squares531.9T

Suburban Income Tax Expense History

2024571.1 K
2023601.2 K
2022668 K
2021429 K
20201.1 M
2019-146 K
2018857 K

About Suburban Propane Financial Statements

Investors use fundamental indicators, such as Suburban Propane's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Suburban Propane's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Tax Expense601.2 K571.1 K

Currently Active Assets on Macroaxis

When determining whether Suburban Propane Partners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Suburban Propane's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Suburban Propane Partners Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Suburban Propane Partners Stock:
Check out the analysis of Suburban Propane Correlation against competitors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Gas Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Suburban Propane. If investors know Suburban will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Suburban Propane listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.062
Earnings Share
1.14
Revenue Per Share
20.956
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0527
The market value of Suburban Propane Partners is measured differently than its book value, which is the value of Suburban that is recorded on the company's balance sheet. Investors also form their own opinion of Suburban Propane's value that differs from its market value or its book value, called intrinsic value, which is Suburban Propane's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Suburban Propane's market value can be influenced by many factors that don't directly affect Suburban Propane's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Suburban Propane's value and its price as these two are different measures arrived at by different means. Investors typically determine if Suburban Propane is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Suburban Propane's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.