Increase in Heating Oil and Propane Volume
The company reported a 12% year-over-year increase in heating oil and propane volume, totaling a 29 million gallon increase, driven by cooler temperatures and recent acquisitions.
Adjusted EBITDA Growth
Adjusted EBITDA increased by $24.8 million or 22.2% year-over-year, reaching $136.4 million, with contributions from both the base business and recent acquisitions.
Successful Acquisition Strategy
Completed 4 transactions during fiscal 2025, adding just under 12 million gallons of heating oil and propane volume annually, with many additional opportunities under review.
Service and Installation Revenue Growth
Service and installation posted nearly 10% revenue growth over fiscal 2024, contributing to increased gross profit.