Company data sheet · Ferrellgas Partners L P
Ferrellgas Partners L P: six lost years, and the economy wasn't the reason.
- Industry
- Miscellaneous Retail
- Headquarters
- United States
- Ticker
- FGPR (OTC)
- Sources
- SEC filings (1994–2026), Stratrix's verified Decision Cases, market data and official economic statistics for the United States
- Data as of
- October 18, 2026
- From profit to six straight losses. Ferrellgas Partners L P earned $0.1 billion in fiscal 2013–2015. Then it lost money every year from fiscal 2016 to 2021: $1.2 billion in all. Fiscal 2022 was its first profit in seven years: $0.1 billion.
- It wasn't the cycle. The losses began in fiscal 2016 (mostly calendar 2016), a year the US economy grew 1.8%. When a company falls while its economy grows, look inside the company first.
- Left behind by its peers. From 2016 to 2025, its revenue shrank 5% in US dollars; the median among 117 large retailers grew 63%. It outgrew only 15% of them.
- Still smaller than it was. Revenue reached $1.9 billion in fiscal 2026, 12% below its fiscal 2022 peak of $2.1 billion.
- Leaders came and went. Ferrellgas Partners L P filed 30 leadership changes since 2016, more than 77% of large retailers (the median is 21). The day after each, its shares moved a median 0.4 points against its sector. The news was rarely news.
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2016 | $2 billion | −$0.7 billion | |
| 2017 | $1.9 billion | −$0.1 billion | |
| 2018 | $2.1 billion | −$0.3 billion | |
| 2019 | $1.7 billion | −$0.1 billion | |
| 2020 | $1.5 billion | −$0.1 billion | |
| 2021 | $1.8 billion | −$0.1 billion | |
| 2022 | $2.1 billion | $0.1 billion | |
| 2023 | $2 billion | $0.1 billion | |
| 2024 | $1.8 billion | $0.1 billion | |
| 2025 | $1.9 billion | −$0 billion | |
| 2026 | $1.9 billion | $0.1 billion |
As reported in its annual filings. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Market reaction to disclosed decisions: 56 decision filings since 2016, each linked to the SEC, with the share return against its sector and the S&P 500 the next day and the next year (15 with market data).
- Economic context: 7 measures for the United States, every year since 2016, from the official sources.
- Peer comparison: against 224 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
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