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Building on our success

Investor Relations

Building on Our Success


Why Invest?

Improving Our Operations and Building Our Future

Superior is a leading North American distributor and marketer of propane and distillates and related products and services, servicing over 780,000 customer locations in the U.S. and Canada. With strategically located assets and competitive cost structures, we are well positioned to drive shareholder value through executing on various growth initiatives while providing shareholders an attractive, sustainable dividend with a conservative capital structure.

Total Debt/Adjusted EBITDA(1)(2)(3)(4)(5)(6)

  • (1) Adjusted EBITDA is a non-GAAP measure. Refer to “Non-GAAP Financial Measures” in the 2020 Fourth Quarter Results release for further details and reconciliation.
  • (2) Senior secured debt and total debt are stated before deferred issue costs.
  • (3) 2020 Adjusted EBITDA for purposes of this calculation includes proceeds received from the issuance of Preferred Shares and Tuck-in acquisitions completed in 2020.
  • (4) 2019 Adjusted EBITDA for purposes of this calculation includes Tuck-in acquisitions completed in 2019.
  • (5) 2018 Adjusted EBITDA for purposes of this calculation includes proforma adjusted EBITDA for NGL Propane and Tuck-in acquisitions completed in 2018.
  • (6) 2017 Adjusted EBITDA for purposes of this calculation includes proforma adjusted EBITDA for Canwest and Tuck-in acquisitions completed in 2017.

We have reduced our debt load through rigorous financial discipline.

Company Snapshot

Shares outstanding(1)

176

TSX share price(2)

$15.02

Market capitalization(1)(2)

$2.6 billion

Enterprise value(1)

$4.8 billion

Monthly dividend per share

$0.06

Dividend yield(1)(2)

4.8%

EBITDA from operations(1)(3)(5)

$428.3 million

Adjusted EBITDA(1)(3)(5)

$405.6 million

Debt/Adjusted EBITDA(1)(3)(4)(5)(6)

2.9x

(1) As at March 31, 2021.
(2) Share price as at April 30, 2021.
(3) See "Non-GAAP Financial Measures" in the 2020 Annual Report for further details and reconciliation.
(4) Senior secured debt and total debt are stated before deferred issue costs.
(5) TTM Q1 2021, excluding Specialty Chemicals segment.
(6) Q1 2021 Leverage is based on Net Debt to Adjusted EBITDA for the Trailing Twelve Months ended March 31, 2021 pro forma the sale of Specialty Chemicals.


Financial Highlights

millions (except per share amounts) 2020 2019 Q4 2020 Q4 2019

Revenue

$2,394.3

$2,852.9

$703.9

$818.6

Gross profit

$1,105.7

$1213.0

$320.4

$365.9

EBITDA from operations(1)

$518.4

$562.1

$171.7

$187.8

Adjusted EBITDA(1)

$495.9

$524.5

$169.8

$176.7

Adjusted operating cash flow before transaction and other costs(1)

$386.5

$406.2

$145.3

$145.0

Dividends declared per common share

$0.72

$0.72

$0.18

$0.18

(1)
EBITDA from operations, Adjusted EBITDA and Adjusted operating cash flow are non-GAAP financial measures. Refer to “Non-GAAP Financial Measures” in the 2020 Annual Report for further details and reconciliation.

Investor Contact Information