UGI · Ugi Corp /Pa/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $7.29B | $7.21B | $8.93B | $10.11B | $7.45B | $6.56B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $2.01B | $2.13B | $2.16B | $2.03B | $2.01B | $1.91B |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $561.00M | $551.00M | $532.00M | $518.00M | $502.00M | $484.00M |
| Operating Income | $1.11B | $770.00M | ($1.44B) | $1.67B | $2.35B | $982.00M |
| Interest Expense | $411.00M | $394.00M | $379.00M | $329.00M | $310.00M | $322.00M |
| Income Tax | $18.00M | $71.00M | ($335.00M) | $313.00M | $522.00M | $135.00M |
| Net Income | $678.00M | $269.00M | ($1.50B) | $1.07B | $1.47B | $532.00M |
| EPS - Basic | $3.15 | $1.27 | ($7.16) | $5.11 | $7.02 | $2.55 |
| EPS - Diluted | $3.09 | $1.25 | ($7.16) | $4.97 | $6.92 | $2.54 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $335.00M | $213.00M | $241.00M | $405.00M | $855.00M | $336.00M |
| Accounts Receivable | $714.00M | $709.00M | $878.00M | $1.13B | $880.00M | $652.00M |
| Inventory | $385.00M | $411.00M | $433.00M | $665.00M | $469.00M | $241.00M |
| Accounts Payable | $511.00M | $544.00M | $613.00M | $891.00M | $837.00M | $475.00M |
| Current Assets | $1.77B | $1.65B | $2.04B | $3.80B | $3.27B | $1.54B |
| Total Assets | $15.46B | $15.10B | $15.40B | $17.57B | $16.72B | $13.98B |
| Current Liabilities | $1.98B | $2.06B | $2.27B | $2.44B | $2.30B | $1.75B |
| Long-term Debt | $6.53B | $6.44B | $6.54B | $6.48B | $6.34B | $5.98B |
| Total Liabilities | $10.68B | $10.74B | $11.01B | $11.50B | $11.19B | $9.85B |
| Stockholders' Equity | $4.78B | $4.34B | $4.39B | $6.07B | $5.52B | $4.13B |
| Retained Earnings | $3.33B | $2.98B | $3.03B | $4.84B | $4.08B | $2.91B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.23B | $1.18B | $1.11B | $716.00M | $1.48B | $1.10B |
| Investing Cash Flow | ($699.00M) | ($792.00M) | ($1.08B) | ($1.01B) | ($1.11B) | ($649.00M) |
| Financing Cash Flow | ($406.00M) | ($506.00M) | ($168.00M) | ($51.00M) | $166.00M | ($635.00M) |
| CapEx | $837.00M | $796.00M | $974.00M | $804.00M | $690.00M | $655.00M |
| Free Cash Flow | $390.00M | $386.00M | $133.00M | ($88.00M) | $791.00M | $447.00M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 15.2% | 10.7% | -16.2% | 16.5% | 31.6% | 15.0% |
| EBITDA margin | 22.9% | 18.3% | -10.2% | 21.6% | 38.3% | 22.4% |
| Net margin | 9.3% | 3.7% | -16.8% | 10.6% | 19.7% | 8.1% |
| Free cash flow margin | 5.4% | 5.4% | 1.5% | -0.9% | 10.6% | 6.8% |
| FCF / Net income | 0.58 | 1.43 | -0.09 | -0.08 | 0.54 | 0.84 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 27.6% | 29.6% | 24.2% | 20.1% | 27.0% | 29.1% |
| Effective tax rate | 2.6% | 20.9% | - | 22.6% | 26.2% | 20.2% |
| Return on assets | 4.4% | 1.8% | -9.8% | 6.1% | 8.8% | 3.8% |
| Return on equity | 14.2% | 6.2% | -34.2% | 17.7% | 26.6% | 12.9% |
| Return on invested capital | 9.5% | 5.6% | -10.4% | 10.3% | 14.6% | 7.7% |
| Liquidity | ||||||
| Current ratio | 0.89 | 0.80 | 0.90 | 1.56 | 1.42 | 0.88 |
| Quick ratio | 0.70 | 0.60 | 0.71 | 1.28 | 1.22 | 0.74 |
| Cash ratio | 0.17 | 0.10 | 0.11 | 0.17 | 0.37 | 0.19 |
| Leverage | ||||||
| Debt / Equity | 1.37 | 1.48 | 1.49 | 1.07 | 1.15 | 1.45 |
| Debt / Assets | 0.42 | 0.43 | 0.42 | 0.37 | 0.38 | 0.43 |
| Debt / EBITDA | 3.92 | 4.88 | - | 2.97 | 2.22 | 4.08 |
| Interest coverage | 2.7x | 2.0x | -3.8x | 5.1x | 7.6x | 3.0x |
| Equity multiplier | 3.24 | 3.47 | 3.51 | 2.90 | 3.03 | 3.39 |
| Liabilities / Assets | 0.69 | 0.71 | 0.71 | 0.65 | 0.67 | 0.70 |
| Efficiency | ||||||
| Asset turnover | 0.47 | 0.48 | 0.58 | 0.58 | 0.45 | 0.47 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 36d | 36d | 36d | 41d | 43d | 36d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 10.8x | 20.0x | - | 6.5x | 6.2x | 13.0x |
| P / B | 1.5x | 1.2x | 1.1x | 1.2x | 1.6x | 1.7x |
| P / S | 1.0x | 0.7x | 0.5x | 0.7x | 1.2x | 1.1x |
| EV / EBITDA | 8.1x | 8.8x | - | 6.0x | 5.1x | 8.6x |
| Growth | ||||||
| Revenue growth (YoY) | 1.1% | -19.2% | -11.7% | 35.7% | 13.5% | -9.0% |
| Revenue CAGR (3y) | -10.3% | -1.1% | 10.8% | 11.9% | -0.9% | 2.3% |
| Revenue CAGR (5y) | 2.1% | -0.0% | 3.1% | 10.5% | 5.5% | -0.4% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 43.8% | - | - | -29.1% | 139.3% | 59.1% |
| Net income growth (YoY) | 152.0% | - | - | -26.9% | 175.8% | 107.7% |
| EPS growth (YoY) | 147.2% | - | - | -28.2% | 172.4% | 80.1% |
| EPS CAGR (3y) | -14.7% | -43.5% | - | 52.2% | 19.5% | 1.1% |
| EPS CAGR (5y) | 4.0% | -2.4% | - | 15.1% | 27.2% | 9.7% |
| FCF growth (YoY) | 1.0% | 190.2% | - | - | 77.0% | 19.7% |
| FCF CAGR (5y) | -2.7% | 0.7% | -23.6% | - | 14.3% | -7.9% |
| Book value growth (YoY) | 9.9% | -0.9% | -27.7% | 9.9% | 33.8% | 8.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-30.
Business segments
$7.64B totalAmeri Gas Propane$2.28B · 29.8%
UGIInternational$2.12B · 27.7%
UGIUtilities Inc$1.76B · 23.1%
Midstream And Marketing$1.48B · 19.4%
Product / service
$14.29B totalNonutility$5.49B · 38.4%
Retail$3.74B · 26.2%
Utility$1.66B · 11.6%
Energy Marketing$998.00M · 7.0%
Residential$970.00M · 6.8%
Commercialand Industrial$385.00M · 2.7%
Nonutility Other$251.00M · 1.8%
Wholesale$231.00M · 1.6%
Pipeline$225.00M · 1.6%
Large Delivery Service$196.00M · 1.4%
Off System Salesand Capacity Releases$74.00M · 0.5%
Utility Other$31.00M · 0.2%
Peaking$27.00M · 0.2%
Midstream Other$21.00M · 0.1%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.05
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Gas & Other Services Combined
Comparing UGI CORP /PA/ against the 5 most active filers in the same SIC group.
Dividends
$1.50/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 16, 2026 | $0.3750 |
| Dec 15, 2025 | $0.3750 |
| Sep 15, 2025 | $0.3750 |
| Jun 16, 2025 | $0.3750 |
| Mar 17, 2025 | $0.3750 |
| Dec 16, 2024 | $0.3750 |
| Sep 16, 2024 | $0.3750 |
| Jun 14, 2024 | $0.3750 |
| Mar 14, 2024 | $0.3750 |
| Dec 14, 2023 | $0.3750 |
| Sep 14, 2023 | $0.3750 |
| Jun 14, 2023 | $0.3750 |
| Mar 14, 2023 | $0.3600 |
| Dec 14, 2022 | $0.3600 |
| Sep 14, 2022 | $0.3600 |
| Jun 14, 2022 | $0.3600 |
| Mar 14, 2022 | $0.3450 |
| Dec 14, 2021 | $0.3450 |
| Sep 14, 2021 | $0.3450 |
| Jun 14, 2021 | $0.3450 |
| Mar 12, 2021 | $0.3300 |
| Dec 14, 2020 | $0.3300 |
| Sep 14, 2020 | $0.3300 |
| Jun 12, 2020 | $0.3300 |