Segment reporting (Tables)

12 Months Ended

Jul. 31, 2025

Segment reporting

Schedule of reconciliation of segment results to consolidated net (loss)earnings

	Year ended July 31,
	2025		2024		2023
Revenues	$	1,938,337	$	1,837,116	$	2,026,465
Less:
Cost of sales		915,521		853,971		1,019,270
Operating expense - personnel, vehicle, plant and other:
Personnel (1)		353,494		344,941		331,858
Vehicle (1)		108,572		110,305		104,786
Plant and other (1)		168,768		146,356		140,876
Operating expense - equipment lease expense		18,720		21,585		23,252
Other segment items (2)		3,156		1,562		6,001
General and administrative expense:
Litigation settlement (1) (3)		125,000		—		—
General and administrative expense		53,617		50,339		70,738
Depreciation and amortization expense		98,426		98,471		93,370
Interest expense		108,064		98,223		97,712
Income tax expense		1,372		686		981
Net (loss) earnings	$	(16,373)	$	110,677	$	137,621

______________________

(1) Significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.

(2) Other segment items include “Non-cash employee stock ownership plan compensation charge,” “Loss on asset sales and disposals” and “Other income, net.”

(3) See Note P “Contingencies and commitments” for more information.

Ferrellgas, L.P.

Segment reporting

Schedule of reconciliation of segment results to consolidated net (loss)earnings

	Year ended July 31,
	2025		2024		2023
Revenues	$	1,938,337	$	1,837,116	$	2,026,465
Less:
Cost of sales		915,521		853,971		1,019,270
Operating expense - personnel, vehicle, plant and other:
Personnel (1)		353,494		344,941		331,858
Vehicle (1)		108,572		110,305		104,786
Plant and other (1)		168,768		146,356		140,876
Operating expense - equipment lease expense		18,720		21,585		23,252
Other segment items (2)		3,171		1,885		6,138
General and administrative expense:
Litigation settlement (1) (3)		125,000		—		—
General and administrative expense		53,124		50,327		70,649
Depreciation and amortization expense		98,426		98,471		93,370
Interest expense		108,064		98,223		97,712
Income tax expense		1,318		634		976
Net (loss) earnings	$	(15,841)	$	110,418	$	137,578

_________________

(1) Significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.

(2) Other segment items include “Non-cash employee stock ownership plan compensation charge,” “Loss on asset sales and disposals” and “Other income, net.”

(3) See Note P “Contingencies and commitments” for more information.