| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 539.26 | 10.5% |
| Total Income | 539.26 | 10.5% |
| Expenditure | 485.02 | 10.5% |
| PBT | 50.16 | 9.3% |
| Net Profit | 35.79 | 8.8% |
| OPM | 10.06% | 0.03pp |
| NPM | 6.64% | 0.10pp |
| EPS | — |
Star Group, L.P. Reports Q1 FY26 Revenue Up 10.5% to $539.3 Million
04 May 2026 · 4 May, 1:30 am
Summary
Star Group, L.P. reported a 10.5% increase in total revenue to $539.3 million for the fiscal 2026 first quarter. The volume of home heating oil and propane sold increased by 13.9% to 93.9 million gallons. Net income rose by $2.9 million to $35.8 million. Adjusted EBITDA increased to $68.4 million from $51.9 million in the prior-year period, driven by growth in the base business and recent acquisitions.
Key Highlights
- 1
Star Group, L.P. reported a 10.5 percent increase in total revenue to $539.3 million for the fiscal 2026 first quarter.
- 2
The volume of home heating oil and propane sold during the fiscal 2026 first quarter rose by 13.9 percent to 93.9 million gallons.
- 3
Net income rose by $2.9 million in the quarter, reaching $35.8 million.
- 4
Adjusted EBITDA for the first quarter was $68.4 million, compared to $51.9 million in the first quarter of fiscal 2025.
- 5
The increase in Adjusted EBITDA included a $16.8 million increase in the base business and a $4.7 million increase from recent acquisitions.
Management Comments
Jeff Woosnam
“Fiscal 2026 has started off very well, as our performance benefited from recent acquisitions, effective physical supply and per-gallon margin management, the continued expansion of our service and installation initiative and, last but not least, temperatures that were almost 20 percent colder than last year and 6 percent colder than normal. The confluence of these factors – even given the operational challenges associated with persistent cold temperatures – resulted in an increase in Adjusted EBITDA of $16.5 million, or 32 percent year-over-year, net of a $5.0 million charge tied to our weather hedge program.” “The cold weather has continued, thus far, into the second quarter, and I’m very proud of the way our employees have responded to the added demand. We remain vigilant in providing excellent customer service, keeping costs down, and growing installation & service profitability going forward.”
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