Star Group, L.p. income statement
In fiscal 2025, Star Group, L.p. reported revenue of $1.78bn, up 1.0% on the year before, operating income of $114m (a 6.4% margin) and net income of $73.5m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Sept 2009 | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2015Sept 2015 | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,207 | 1,213 | 1,591 | 1,498 | 1,742 | 1,962 | 1,674 | 1,161 | 1,324 | 1,678 | 1,754 | 1,467 | 1,497 | 2,007 | 1,953 | 1,766 | 1,784 | 1,912 |
| Gross profit | — | — | 354 | 298 | 353 | 406 | 471 | 392 | 408 | 463 | 488 | 475 | 478 | 484 | 471 | 502 | 563 | — |
| General and administrative | 21 | 21 | 21 | 19 | 18 | 23 | 26 | 23 | 25 | 24 | 28 | 25 | 25 | 25 | 26 | 28 | 31 | 32 |
| Operating income | 80 | 59 | 67 | 58 | 66 | 80 | 94 | 87 | 55 | 66 | 37 | 93 | 130 | 60 | 63 | 61 | 114 | 136 |
| Interest expense | 18 | 14 | 16 | 14 | 14 | 17 | — | — | — | — | — | — | — | — | — | — | — | — |
| Provision for credit losses | — | — | — | — | — | — | — | — | — | — | — | — | 0 | −5 | −10 | −8 | −7 | — |
| Income before tax | 73 | 44 | 47 | 43 | 50 | 61 | 70 | 79 | 47 | 63 | 25 | 77 | 121 | 49 | 46 | 49 | 103 | 124 |
| Income tax | −58 | 16 | 23 | 17 | 20 | 25 | 33 | 34 | 20 | 8 | 8 | 21 | 34 | 14 | 14 | 13 | 29 | 37 |
| Net income | 131 | 28 | 24 | 26 | 30 | 36 | 38 | 45 | 27 | 56 | 18 | 56 | 88 | 35 | 32 | 35 | 73 | 87 |
| Diluted EPS | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $2.64 |
| Diluted shares (average) | — | 70m | 67m | 62m | 59m | 57m | 57m | 57m | 56m | 55m | 51m | 46m | 41m | 37m | 36m | 35m | 34m | 33m |
| EBITDA | 102 | 77 | 87 | 76 | 85 | 103 | 120 | 115 | 84 | 99 | 71 | 129 | 165 | 94 | 96 | 94 | 151 | 172 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 240 | 488 | 743 | 306 | 248 | 539 | 767 | 358 |
| Gross profit | 58 | 158 | 102 | 86 | 59 | — | — | — |
| General and administrative | 7 | 7 | 8 | 8 | 8 | 8 | 9 | 8 |
| Operating income | −49 | 49 | 125 | −19 | −41 | 54 | 157 | −34 |
| Interest expense | — | — | — | 4 | — | — | — | 4 |
| Provision for credit losses | −15 | 0 | 3 | 3 | −13 | — | — | — |
| Income before tax | −51 | 46 | 121 | −23 | −41 | 50 | 153 | −38 |
| Income tax | −16 | 13 | 35 | −6 | −12 | 14 | 44 | −10 |
| Net income | −35 | 33 | 86 | −17 | −29 | 36 | 108 | −28 |
| EBITDA | −40 | 57 | 134 | −10 | −31 | 63 | 165 | −26 |
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