Ferrellgas Partners L P (FGPR) intrinsic value & 10-year financials
Ferrellgas Partners L P (FGPR) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 0.6% a year to $1.9B.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $21.12
- Market cap
- $2.1B
- Revenue (FY2025)
- $1.9B
- Revenue growth (10-yr CAGR)
- -0.6%
- Free cash flow (FY2025)
- $56.3M
FGPR 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.9B | -$15.6M | — | $56.3M | 4.6% | — |
| FY2024 | $1.8B | $110.2M | — | $174.7M | 11.2% | — |
| FY2023 | $2.0B | $136.9M | — | $123.3M | 11.5% | — |
| FY2022 | $2.1B | $148.0M | — | $65.2M | 11.6% | — |
| FY2021 | $1.8B | -$68.4M | — | $147.0M | 12.3% | — |
| FY2020 | $1.5B | -$82.5M | — | $42.4M | 9.9% | — |
| FY2019 | $1.7B | -$64.2M | — | -$93.7M | 6.7% | — |
| FY2018 | $2.1B | -$254.6M | — | -$10.8M | -4.4% | — |
| FY2017 | $1.9B | -$54.2M | — | $76.8M | 4.9% | — |
| FY2016 | $2.0B | -$665.4M | — | $76.8M | -26.2% | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
FERRELLGAS PARTNERS L P is facing top-line stagnation, with revenue contracting over the decade.
FERRELLGAS PARTNERS L P 10-year average ROIC is N/A; capital efficiency cannot be assessed from the available history.
FERRELLGAS PARTNERS L P has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, FERRELLGAS PARTNERS L P is modeled at -0.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-1.02 per share.