v3.26.3
Derivative instruments and hedging activities (Tables)
12 Months Ended
Jul. 31, 2026
Schedule of fair value of financial derivatives balance sheet locations

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Final

July 31, 2026

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Maturity

Asset Derivatives

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Liability Derivatives

Derivative Instrument

  ​ ​ ​

Date

Location

  ​ ​ ​

Fair value

  ​ ​ ​

Location

  ​ ​ ​

Fair value

Derivatives designated as hedging instruments

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December 2028

  ​

 

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  ​

 

  ​

 

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  ​

Commodity derivatives - propane

 

​

Prepaid expenses and other current assets

​

$

5,060

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Other current liabilities

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$

8,864

Commodity derivatives - propane

 

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Other assets, net

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310

 

Other liabilities

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604

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Total

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$

5,370

 

Total

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$

9,468

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Final

July 31, 2025

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Maturity

Asset Derivatives

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Liability Derivatives

Derivative Instrument

  ​ ​ ​

Date

Location

  ​ ​ ​

Fair value

  ​ ​ ​

Location

  ​ ​ ​

Fair value

Derivatives designated as hedging instruments

 

December 2026

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  ​

 

  ​

 

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  ​

Commodity derivatives - propane

 

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Prepaid expenses and other current assets

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$

3,244

 

Other current liabilities

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$

3,306

Commodity derivatives - propane

 

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Other assets, net

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326

 

Other liabilities

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348

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Total

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$

3,570

 

Total

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$

3,654

Schedule of cash margin balances as collateral

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July 31, 2026

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Assets

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Liabilities

Description

  ​ ​ ​

Location

  ​ ​ ​

Amount

  ​ ​ ​

Location

  ​ ​ ​

Amount

Margin Balances

 

Prepaid expense and other current assets

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$

8,438

 

Other current liabilities

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$

3,760

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Other assets, net

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311

 

Other liabilities

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—

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Total

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$

8,749

 

Total

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$

3,760

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July 31, 2025

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Assets

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Liabilities

Description

  ​ ​ ​

Location

  ​ ​ ​

Amount

  ​ ​ ​

Location

  ​ ​ ​

Amount

Margin Balances

 

Prepaid expense and other current assets

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$

6,222

 

Other current liabilities

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$

2,193

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Other assets, net

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949

 

Other liabilities

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249

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Total

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$

7,171

 

Total

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$

2,442

Schedule of cash flow hedge derivative effect on comprehensive income

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For the year ended July 31, 2026

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Amount of Loss

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Amount of Loss

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Location of Loss

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Reclassified from

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Recognized in

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Reclassified from 

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AOCI into Income

Derivative Instrument

  ​ ​ ​

AOCI

  ​ ​ ​

AOCI into Income

  ​ ​ ​

Effective portion

  ​ ​ ​

Ineffective portion

Commodity derivatives

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$

(14,677)

 

Cost of sales - propane and other gas liquids sales

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$

(10,662)

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$

—

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For the year ended July 31, 2025

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Amount of Gain

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Amount of Gain

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Location of Gain

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Reclassified from

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Recognized in

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Reclassified from

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AOCI into Income

Derivative Instrument

  ​ ​ ​

AOCI

  ​ ​ ​

AOCI into Income

  ​ ​ ​

Effective portion

  ​ ​ ​

Ineffective portion

Commodity derivatives

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$

6,258

 

Cost of sales - propane and other gas liquids sales

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$

8,400

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$

—

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For the year ended July 31, 2024

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Amount of Gain

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Amount of Gain

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Location of Gain

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Reclassified from

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Recognized in

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Reclassified from

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AOCI into Income

Derivative Instrument

  ​ ​ ​

AOCI

  ​ ​ ​

AOCI into Income

  ​ ​ ​

Effective portion

  ​ ​ ​

Ineffective portion

Commodity derivatives

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$

3,448

 

Cost of sales - propane and other gas liquids sales

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$

2,472

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$

—

Schedule of changes in derivatives included in accumulated other comprehensive income

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For the year ended July 31, 

Gains and losses on derivatives included in AOCI

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2024

Beginning balance

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$

(83)

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$

2,059

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$

1,083

Change in value of risk management commodity derivatives

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(14,677)

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6,258

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3,448

Reclassification of losses (gains) on commodity hedges to cost of sales - propane and other gas liquids sales, net

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10,662

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(8,400)

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(2,472)

Ending balance

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$

(4,098)

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$

(83)

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$

2,059

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Ferrellgas, L.P.  
Schedule of changes in derivatives included in accumulated other comprehensive income

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For the year ended July 31, 

Gains and losses on derivatives included in AOCI

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2024

Beginning balance attributable to Ferrellgas Partners, L.P.

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$

(95)

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$

2,025

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$

1,059

Change in value of risk management commodity derivatives

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(14,677)

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6,258

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3,448

Reclassification of losses (gains) on commodity hedges to cost of sales - propane and other gas liquids sales, net

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10,662

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(8,400)

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(2,472)

Less: amount attributable to noncontrolling interests

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(40)

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(22)

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10

Ending balance attributable to Ferrellgas Partners, L.P.

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$

(4,070)

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$

(95)

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$

2,025