Derivative instruments and hedging activities (Tables)

12 Months Ended

Jul. 31, 2025

Schedule of fair value of financial derivatives balance sheet locations

	Final	July 31, 2025
	Maturity	Asset Derivatives			Liability Derivatives
Derivative Instrument	Date	Location	Fair value		Location	Fair value
Derivatives designated as hedging instruments	December 2026
Commodity derivatives-propane		Prepaid expenses and other current assets	$	3,244	Other current liabilities	$	3,306
Commodity derivatives-propane		Other assets, net		326	Other liabilities		348
		Total	$	3,570	Total	$	3,654

	Final	July 31, 2024
	Maturity	Asset Derivatives			Liability Derivatives
Derivative Instrument	Date	Location	Fair value		Location	Fair value
Derivatives designated as hedging instruments	December 2025
Commodity derivatives-propane		Prepaid expenses and other current assets	$	5,925	Other current liabilities	$	4,379
Commodity derivatives-propane		Other assets, net		594	Other liabilities		81
		Total	$	6,519	Total	$	4,460

Schedule of cash margin balances as collateral

	July 31, 2025
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Balances	Prepaid expense and other current assets	$	6,222	Other current liabilities	$	2,193
	Other assets, net		949	Other liabilities		249
	Total	$	7,171	Total	$	2,442

	July 31, 2024
	Assets			Liabilities
Description	Location	Amount		Location	Amount
Margin Balances	Prepaid expense and other current assets	$	6,911	Other current liabilities	$	3,111
	Other assets, net		824	Other liabilities		438
	Total	$	7,735	Total	$	3,549

Schedule of cash flow hedge derivative effect on comprehensive income

	For the year ended July 31, 2025
				Amount of Gain
	Amount of Gain		Location of Gain	Reclassified from
	Recognized in		Reclassified from	AOCI into Income
Derivative Instrument	AOCI		AOCI into Income	Effective portion		Ineffective portion
Commodity derivatives	$	6,258	Cost of sales - propane and other gas liquids sales	$	8,400	$	—

	For the year ended July 31, 2024
				Amount of Gain
	Amount of Gain		Location of Gain	Reclassified from
	Recognized in		Reclassified from	AOCI into Income
Derivative Instrument	AOCI		AOCI into Income	Effective portion		Ineffective portion
Commodity derivatives	$	3,448	Cost of sales - propane and other gas liquids sales	$	2,472	$	—

	For the year ended July 31, 2023
				Amount of Loss
	Amount of Loss		Location of Loss	Reclassified from
	Recognized in		Reclassified from	AOCI into Income
Derivative Instrument	AOCI		AOCI into Income	Effective portion		Ineffective portion
Commodity derivatives	$	(48,034)	Cost of sales - propane and other gas liquids sales	$	(10,810)	$	—

Schedule of changes in derivatives included in accumulated other comprehensive income

	For the year ended July 31,
Gains and losses on derivatives included in AOCI	2025		2024		2023
Beginning balance	$	2,059	$	1,083	$	38,307
Change in value of risk management commodity derivatives		6,258		3,448		(48,034)
Reclassification of (gains) losses on commodity hedges to cost of sales - propane and other gas liquids sales, net		(8,400)		(2,472)		10,810
Ending balance	$	(83)	$	2,059	$	1,083

Ferrellgas, L.P.

Schedule of changes in derivatives included in accumulated other comprehensive income

	For the year ended July 31,
Gains and losses on derivatives included in AOCI	2025		2024		2023
Beginning balance attributable to Ferrellgas Partners, L.P.	$	2,025	$	1,059	$	37,907
Change in value of risk management commodity derivatives		6,258		3,448		(48,034)
Reclassification of (gains) losses on commodity hedges to cost of sales - propane and other gas liquids sales, net		(8,400)		(2,472)		10,810
Less: amount attributable to noncontrolling interests		(22)		10		(376)
Ending balance attributable to Ferrellgas Partners, L.P.	$	(95)	$	2,025	$	1,059