Sprague Resources LP
NYSE:SRLP
Income Statement
Earnings Waterfall
Sprague Resources LP
Revenue
|
4.9B
USD
|
Cost of Revenue
|
-4.7B
USD
|
Gross Profit
|
146.2m
USD
|
Operating Expenses
|
-211.8m
USD
|
Operating Income
|
-65.6m
USD
|
Other Expenses
|
-33.9m
USD
|
Net Income
|
-99.4m
USD
|
Income Statement
Sprague Resources LP
Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
3 781
N/A
|
4 044
+7%
|
4 321
+7%
|
4 473
+4%
|
4 710
+5%
|
4 683
-1%
|
5 133
+10%
|
5 191
+1%
|
5 148
-1%
|
5 070
-2%
|
4 674
-8%
|
4 356
-7%
|
4 016
-8%
|
3 482
-13%
|
2 606
-25%
|
2 422
-7%
|
2 287
-6%
|
2 390
+5%
|
2 585
+8%
|
2 621
+1%
|
2 690
+3%
|
2 855
+6%
|
3 268
+14%
|
3 496
+7%
|
3 624
+4%
|
3 771
+4%
|
3 698
-2%
|
3 619
-2%
|
3 583
-1%
|
3 502
-2%
|
3 204
-9%
|
2 900
-9%
|
2 708
-7%
|
2 336
-14%
|
2 412
+3%
|
2 712
+12%
|
2 987
+10%
|
3 498
+17%
|
4 275
+22%
|
4 896
+15%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(3 668)
|
(3 922)
|
(4 171)
|
(4 323)
|
(4 547)
|
(4 554)
|
(4 941)
|
(5 005)
|
(4 951)
|
(4 755)
|
(4 381)
|
(4 043)
|
(3 681)
|
(3 189)
|
(2 338)
|
(2 163)
|
(2 048)
|
(2 179)
|
(2 335)
|
(2 363)
|
(2 436)
|
(2 603)
|
(2 992)
|
(3 219)
|
(3 344)
|
(3 445)
|
(3 421)
|
(3 333)
|
(3 285)
|
(3 228)
|
(2 919)
|
(2 635)
|
(2 426)
|
(2 072)
|
(2 147)
|
(2 481)
|
(2 884)
|
(3 343)
|
(4 148)
|
(4 750)
|
|
Gross Profit |
113
N/A
|
122
+8%
|
150
+23%
|
151
+0%
|
163
+8%
|
129
-21%
|
193
+49%
|
187
-3%
|
198
+6%
|
315
+59%
|
292
-7%
|
312
+7%
|
335
+7%
|
293
-13%
|
268
-8%
|
259
-3%
|
239
-8%
|
211
-12%
|
250
+19%
|
259
+3%
|
254
-2%
|
252
-1%
|
277
+10%
|
277
+0%
|
279
+1%
|
326
+17%
|
278
-15%
|
286
+3%
|
298
+4%
|
275
-8%
|
285
+4%
|
265
-7%
|
282
+7%
|
264
-6%
|
266
+1%
|
231
-13%
|
103
-55%
|
155
+50%
|
128
-18%
|
146
+14%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(95)
|
(105)
|
(120)
|
(119)
|
(126)
|
(125)
|
(140)
|
(141)
|
(145)
|
(157)
|
(165)
|
(176)
|
(185)
|
(186)
|
(176)
|
(175)
|
(172)
|
(171)
|
(174)
|
(177)
|
(178)
|
(188)
|
(198)
|
(204)
|
(209)
|
(203)
|
(196)
|
(195)
|
(195)
|
(197)
|
(194)
|
(192)
|
(191)
|
(185)
|
(188)
|
(177)
|
(179)
|
(187)
|
(194)
|
(212)
|
|
Selling, General & Administrative |
(43)
|
(47)
|
(50)
|
(51)
|
(54)
|
(55)
|
(68)
|
(67)
|
(69)
|
(76)
|
(81)
|
(89)
|
(94)
|
(94)
|
(86)
|
(85)
|
(85)
|
(84)
|
(86)
|
(88)
|
(86)
|
(88)
|
(89)
|
(88)
|
(88)
|
(81)
|
(74)
|
(73)
|
(74)
|
(78)
|
(77)
|
(78)
|
(79)
|
(81)
|
(87)
|
(84)
|
(86)
|
(83)
|
(86)
|
(91)
|
|
Depreciation & Amortization |
(10)
|
(12)
|
(13)
|
(15)
|
(17)
|
(16)
|
(16)
|
(16)
|
(17)
|
(18)
|
(19)
|
(20)
|
(21)
|
(20)
|
(20)
|
(21)
|
(21)
|
(21)
|
(22)
|
(23)
|
(25)
|
(28)
|
(31)
|
(32)
|
(34)
|
(33)
|
(33)
|
(33)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(34)
|
(33)
|
(33)
|
(33)
|
|
Other Operating Expenses |
(42)
|
(47)
|
(57)
|
(53)
|
(55)
|
(53)
|
(56)
|
(58)
|
(59)
|
(63)
|
(65)
|
(67)
|
(71)
|
(72)
|
(69)
|
(68)
|
(66)
|
(66)
|
(66)
|
(66)
|
(67)
|
(72)
|
(79)
|
(84)
|
(88)
|
(89)
|
(89)
|
(88)
|
(88)
|
(85)
|
(82)
|
(79)
|
(77)
|
(69)
|
(67)
|
(58)
|
(60)
|
(71)
|
(75)
|
(88)
|
|
Operating Income |
18
N/A
|
17
-6%
|
30
+84%
|
32
+5%
|
38
+18%
|
4
-89%
|
52
+1 148%
|
46
-13%
|
53
+15%
|
158
+200%
|
127
-19%
|
136
+7%
|
149
+10%
|
107
-29%
|
92
-13%
|
84
-9%
|
67
-21%
|
40
-41%
|
76
+92%
|
81
+7%
|
76
-6%
|
64
-15%
|
78
+22%
|
73
-7%
|
70
-4%
|
123
+76%
|
81
-34%
|
92
+13%
|
103
+12%
|
77
-25%
|
92
+18%
|
73
-21%
|
92
+26%
|
80
-13%
|
78
-3%
|
54
-30%
|
(76)
N/A
|
(32)
+58%
|
(66)
-107%
|
(66)
+1%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(22)
|
(23)
|
(25)
|
(27)
|
(29)
|
(30)
|
(31)
|
(30)
|
(30)
|
(29)
|
(29)
|
(29)
|
(28)
|
(27)
|
(26)
|
(26)
|
(27)
|
(27)
|
(27)
|
(29)
|
(30)
|
(31)
|
(34)
|
(35)
|
(37)
|
(38)
|
(40)
|
(41)
|
(42)
|
(42)
|
(42)
|
(43)
|
(42)
|
(40)
|
(38)
|
(36)
|
(34)
|
(34)
|
(36)
|
(36)
|
|
Non-Reccuring Items |
(1)
|
(7)
|
0
|
(7)
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
2
|
2
|
2
|
2
|
(0)
|
(0)
|
(0)
|
|
Pre-Tax Income |
(6)
N/A
|
(15)
-165%
|
5
N/A
|
(1)
N/A
|
2
N/A
|
(26)
N/A
|
22
N/A
|
15
-32%
|
22
+49%
|
128
+475%
|
99
-23%
|
108
+9%
|
122
+13%
|
80
-34%
|
66
-18%
|
58
-12%
|
40
-31%
|
12
-69%
|
49
+298%
|
52
+7%
|
46
-11%
|
33
-28%
|
45
+34%
|
38
-15%
|
34
-12%
|
85
+153%
|
41
-51%
|
51
+24%
|
61
+20%
|
35
-43%
|
50
+43%
|
30
-40%
|
49
+65%
|
41
-16%
|
42
+1%
|
20
-52%
|
(109)
N/A
|
(66)
+39%
|
(102)
-55%
|
(102)
+0%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
4
|
3
|
(7)
|
(4)
|
(6)
|
(4)
|
7
|
6
|
(0)
|
(5)
|
(5)
|
(6)
|
(6)
|
(2)
|
(2)
|
(1)
|
(0)
|
(2)
|
(4)
|
(5)
|
(5)
|
(4)
|
(5)
|
(4)
|
(3)
|
(5)
|
(2)
|
(4)
|
(5)
|
(3)
|
(6)
|
(6)
|
(6)
|
(7)
|
(6)
|
(5)
|
(1)
|
(3)
|
2
|
2
|
|
Income from Continuing Operations |
(1)
|
(12)
|
(1)
|
(5)
|
(4)
|
(30)
|
29
|
21
|
22
|
123
|
94
|
102
|
116
|
78
|
64
|
57
|
40
|
10
|
45
|
47
|
41
|
30
|
40
|
35
|
30
|
80
|
39
|
47
|
56
|
31
|
44
|
24
|
43
|
34
|
36
|
15
|
(110)
|
(69)
|
(100)
|
(99)
|
|
Equity Earnings Affiliates |
(5)
|
(1)
|
2
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(7)
N/A
|
(13)
-94%
|
1
N/A
|
(9)
N/A
|
(4)
+52%
|
(30)
-627%
|
29
N/A
|
21
-27%
|
22
+5%
|
123
+453%
|
94
-24%
|
102
+9%
|
116
+14%
|
78
-32%
|
64
-18%
|
57
-11%
|
40
-30%
|
10
-74%
|
45
+340%
|
47
+4%
|
41
-12%
|
30
-29%
|
40
+35%
|
35
-14%
|
30
-12%
|
80
+163%
|
39
-51%
|
47
+22%
|
56
+18%
|
31
-44%
|
44
+41%
|
24
-46%
|
43
+82%
|
34
-22%
|
36
+6%
|
15
-57%
|
(110)
N/A
|
(69)
+37%
|
(100)
-45%
|
(99)
+0%
|
|
EPS (Diluted) |
-0.33
N/A
|
-0.64
-94%
|
0.02
N/A
|
-0.42
N/A
|
-0.2
+52%
|
-1.48
-640%
|
1.44
N/A
|
1.04
-28%
|
1.1
+6%
|
5.99
+445%
|
4.44
-26%
|
4.82
+9%
|
5.42
+12%
|
3.71
-32%
|
3.01
-19%
|
2.68
-11%
|
1.86
-31%
|
0.48
-74%
|
2.07
+331%
|
2.1
+1%
|
1.84
-12%
|
1.31
-29%
|
1.75
+34%
|
1.52
-13%
|
1.34
-12%
|
3.52
+163%
|
1.71
-51%
|
2.08
+22%
|
2.46
+18%
|
1.37
-44%
|
1.92
+40%
|
1.03
-46%
|
1.87
+82%
|
1.48
-21%
|
1.5
+1%
|
0.59
-61%
|
-4.2
N/A
|
-2.63
+37%
|
-3.8
-44%
|
-3.79
+0%
|