Loading company financials…
OTC MARKETS · Utilities · CIK 0000922358
$20.25
-0.74% · live
Updated
$230.0M market value
From FERRELLGAS PARTNERS L P's FY2026 10-K, filed Sep 25, 2026 · read the filing
FERRELLGAS PARTNERS L P runs retail stores. It took in $1.86B last year, which makes it a mid-sized company. Of every dollar it sells, about 4 cents is left as profit.
The financial picture is mixed, with profitability needing attention and growth and debt weaker.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
Financial health
Several areas of financial weakness.
From FERRELLGAS PARTNERS L P's FY2026 annual filing · share price scored separately
Largest year-over-year changes in FY2026
Operating income
$90.1M → $198.3M
Profit
-$15.6M → $71.7M
Long-term debt
$815.5M → $1.46B
Cash
$96.9M → $48.4M
Measured against FY2025, from the 10-K filed Sep 25, 2026
Improved: +120.1%
$90.1M to $198.3MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: turned positive
-$15.6M to $71.7MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
+78.6%
How the latest move compares (quote live), and what was published around it
FGPR fell 0.74% on the latest quote. The average Consumer Discretionary company tracked here moved +2.31%, and the S&P 500 −1.04%. That is 3.0 points below its sector and in line with the market.
No filing from FGPR and no news item about it appeared in the last 3 days.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Filter by minute, hour, day or week — or compare against peers
Loading price history…
Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
The growth rate someone buying today is paying for, against what the company has delivered
At today's price, the market is paying for free cash flow to grow by about 7% a year for the next 10 years. Over the last 10 years it shrank by about 0% a year.
The essentials
Each answered from the filings, with the numbers behind it.
Yes. It keeps about 4 cents of every dollar of sales as profit, earning $71.7M last year.
No. Sales shrank 3.8% last year.
Yes. Clearing its debt would take roughly 9.2 years of cash flow.
Core operating and valuation reference metrics
Income
This company pays no dividend. It keeps its profits and reinvests them in the business instead, so any return would have to come from the share price.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202610-K · Sep 25, 2026Filing for FY2026 | FY202510-K · Sep 25, 2026Filing for FY2025 | FY202410-K · Sep 25, 2026Filing for FY2024 | FY202310-K · Sep 29, 2023Filing for FY2023 | FY202210-K · Sep 30, 2022Filing for FY2022 | ChangeFY2026 vs FY2025 |
|---|---|---|---|---|---|---|
| RevenueWhat is this? | $1.86B | $1.94B | $1.84B | $2.03B | $2.11B | −3.8% |
| Selling, general and administrative | $44.4M | $178.6M | $50.3M | $70.7M | $52.8M | −75.1% |
| Operating income | $198.3M | $90.1M | $205.1M | $233.7M | $245.1M | +120.1% |
| Operating marginOperating income ÷ revenueWhat is this? | 10.6% | 4.6% | 11.2% | 11.5% | 11.6% | +6.0 pts |
| Interest expense | $124.9M | $108.1M | $98.2M | $97.7M | $100.1M | +15.6% |
| Income before tax | $72.7M | -$15.0M | $111.4M | $138.6M | $149.8M | n/m |
| Net income | $71.7M | -$15.6M | $110.2M | $136.9M | $148.0M | n/m |
| Net marginNet income ÷ revenueWhat is this? | 3.8% | -0.8% | 6.0% | 6.8% | 7.0% | +4.7 pts |
† calculated from other reported figures, such as total liabilities as assets minus equity.
This company's latest filing beside its peers' stored scores
| Company | Health | F-Score | Revenue growth | Profit margin | P/E | Debt to equity |
|---|---|---|---|---|---|---|
| FGPRFERRELLGAS PARTNERS L P · this page | 3.3/10 | 5/7 | -3.8% | 3.8% | 3.21x | — |
| ATO |
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Nothing recent
No insider trades, pending-sale notices or 5% stake filings from FGPR in the last few months. That is the ordinary case, not a gap.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
20 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Annual report for FY2026
Operating margin +6.0 pts · Operating income +120.1% · Profit turned positive — against FY2025
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingWrite down why you are following FERRELLGAS PARTNERS L P, what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
Coverage from the last 30 days
Ferrellgas Partners LP (FGPR) (Q4 2026) Earnings Call Highlights: Adjusted EBITDA Rises 3% as ...
Yahoo ·
Ferrellgas Partners Q4 Earnings Call Highlights
Yahoo ·
Ferrellgas Partners, L.P. Reports Fourth Quarter And Full Fiscal Year 2026 Results
Yahoo ·
Ferrellgas Partners, L.P. (FGPR) Q4 2026 Earnings Call Transcript
SeekingAlpha ·
Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from FGPR's 10-K for fiscal year 2026 (period ending 2026-07-31, filed Sep 25, 2026), reported under the US GAAP taxonomy. View the source filing.
3 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. Accounting had too few reported figures and is left out of the average rather than counted as a weakness, so a company is never marked down for a figure it did not publish. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 7 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2026 | 3.3 | 5/7 | 10-K, filed Sep 25, 2026 |
| FY2025 | 3.3 | 4/7 | 10-K, filed Oct 15, 2025 |
| FY2024 | 4.7 | 3/7 | 10-K, filed Sep 27, 2024 |
| FY2023 | 3.3 | 5/7 | 10-K, filed Sep 29, 2023 |
| FY2022 | 6.0 | 5/7 | 10-K, filed Sep 30, 2022 |
| FY2021 | 6.0 | 7/8 | 10-K, filed Oct 15, 2021 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
5 of 7 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's. 2 could not be evaluated and are excluded from the total rather than counted as failures.
not reported — This company has not reported enough of the required figures to calculate this score.
This company has not reported enough of the required figures to calculate this score.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
not reported — This company has not reported enough of the required figures to calculate this score.
This company has not reported enough of the required figures to calculate this score.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2026 filing as filed with the SEC.
$815.5M to $1.46BCritical
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
Deteriorated: -50.0%
$96.9M to $48.4MCritical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Improved: +6.0 pts
4.6% to 10.6%Significant
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: +4.7 pts
-0.8% to 3.8%Significant
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Improved: +33.7%
$56.3M to $75.3MSignificant
Why it matters: Cash left after paying for the plant that produced it — the money genuinely available for dividends, buybacks or paying down debt. Harder to flatter than profit.
2 other measures barely moved. Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
Discounted at 8%–10% a year, with growth settling to 2.5% after 10 years. Those rates are ordinary choices, not measurements: across that range the assumed growth works out between 4% and 9%. This describes what the price implies — it is not a forecast, and not a view on whether the price is right.
Opinions from 6 analysts covering this company, as of . Their views, not this site's.
Of 6 analysts publishing on this company, 2 say hold, 2 say sell and 2 say strong sell. Analysts are paid to publish a view and are wrong often; the split above says how much they agree with each other, which is the part a single headline rating hides.
Published by Finnhub. Analyst coverage skews towards larger companies and towards optimism — sell ratings are rare across the whole market, so a company with none is ordinary rather than endorsed.
Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 0.0% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
The trailing P/E is 1.4x — investors pay $1.4 for each $1 of trailing profit.
This company has not reported enough of the required figures to calculate this score.
| 6.0/10 |
| 5/8 |
| 12.9% |
| 25.5% |
| 23.44x |
| 1.08x |
| Median of peers | 6.0/10 | — | 12.9% | 25.5% | 23.44x | 1.08x |
|---|
Peers come from the company's industry classification. A difference describes the companies; it does not rank them.
Made a Regulation FD disclosure
Had a director or senior officer leave or join · Made a Regulation FD disclosure
Read the filingQuarterly report for Q3 FY2026
Revenue -6.5% · Operating margin −4.1 pts · Profit -52.6% — against Q3 FY2025
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingMade a Regulation FD disclosure
Read the filingHad a director or senior officer leave or join · Made a Regulation FD disclosure
Read the filingHad a director or senior officer leave or join
Read the filingChanged the rights attached to its shares · Reported another event
Read the filingQuarterly report for Q2 FY2026
Operating margin +2.2 pts · Cash +124.3% · Operating income +6.7% — against Q2 FY2025
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingMade a Regulation FD disclosure
Read the filingMade a Regulation FD disclosure
Read the filingHad a director or senior officer leave or join
Read the filingQuarterly report for Q1 FY2026
Operating margin +34.3 pts · Operating income turned positive · Profit $119.7M narrower — against Q1 FY2025
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingMade a Regulation FD disclosure
Read the filingSigned a material agreement · Took on a direct financial obligation · Made a Regulation FD disclosure
Read the filingReported another event
Read the filingPrimary sources and further research