NYSE : UGI

UGI Corporation — Financial statements

Utilities · Utilities - Regulated Gas · United States

Last price 38.67 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 8.29B

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Financial statements

UGI Corporation (UGI) reported revenue of 7.30B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.

Income statement

Fiscal year October - September; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Revenue7.30B7.29B7.21B8.93B10.11B7.45B
Selling, General & Admin2.02B1.99B2.05B2.14B2.00B1.91B
Depreciation & Amortization561.00M561.00M551.00M532.00M518.00M502.00M
Other Operating Expenses3.53B3.63B3.52B6.87B5.92B2.60B
Total Operating Expenses6.12B6.17B6.12B9.54B8.44B5.00B
Operating Income1.18B1.11B1.09B-613.00M1.67B2.44B
Interest Expense-437.00M-411.00M-394.00M-379.00M-329.00M-310.00M
Interest Income14.00M12.00M11.00M6.00M1.00M
Net Interest Expense-423.00M-399.00M-383.00M-373.00M-328.00M-310.00M
Income (Loss) on Equity Investments7.00M5.00M-19.00M2.00M-14.00M-63.00M
Currency Exchange Gain (Loss)35.00M-4.00M-17.00M-16.00M58.00M9.00M
Other Non-Operating Income (Expenses)-15.00M2.00M5.00M7.00M7.00M2.00M
EBT Excluding Unusual Items783.00M717.00M676.00M-993.00M1.39B2.08B
Restructuring Charges-6.00M-59.00M-19.00M-26.00M-87.00M
Impairment of Goodwill-195.00M-656.00M
Gain (Loss) on Sale of Assets1.00M-11.00M-73.00M-160.00M33.00M11.00M
Asset Writedown-20.00M
Other Unusual Items-15.00M-10.00M-9.00M-9.00M-11.00M5.00M
Pretax Income763.00M696.00M340.00M-1.84B1.39B1.99B
Income Tax Expense92.00M18.00M71.00M-335.00M313.00M522.00M
Earnings From Continuing Ops.671.00M678.00M269.00M-1.50B1.07B1.47B
Minority Interest in Earnings-1.00M
Net Income671.00M678.00M269.00M-1.50B1.07B1.47B
Net Income to Common671.00M678.00M269.00M-1.50B1.07B1.47B
Shares Outstanding (Basic)214.86M214.94M211.31M209.81M209.94M209.06M
Shares Outstanding (Diluted)221.68M219.16M215.27M209.81M215.82M212.13M
EPS (Basic)3.123.151.27-7.165.117.02
EPS (Diluted)3.023.091.25-7.164.976.92
Free Cash Flow187.00M390.00M386.00M133.00M-88.00M791.00M
Free Cash Flow Per Share0.841.781.790.63-0.413.73
Dividend Per Share1.501.501.501.471.411.35
Profit Margin9.20%9.30%3.73%-16.82%10.62%19.70%
Free Cash Flow Margin2.56%5.35%5.35%1.49%-0.87%10.62%
EBITDA1.74B1.67B1.64B-81.00M2.19B2.94B
EBITDA Margin23.85%22.97%22.76%-0.91%21.63%39.53%
D&A For EBITDA561.00M561.00M551.00M532.00M518.00M502.00M
EBIT1.18B1.11B1.09B-613.00M1.67B2.44B
EBIT Margin16.16%15.27%15.12%-6.87%16.50%32.79%
Effective Tax Rate12.06%2.59%20.88%22.57%26.24%

Balance sheet

Fiscal year October - September; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Cash & Equivalents476.00M335.00M213.00M241.00M405.00M855.00M
Accounts Receivable795.00M749.00M745.00M911.00M1.15B895.00M
Other Receivables42.00M41.00M56.00M36.00M128.00M128.00M
Inventory352.00M385.00M411.00M433.00M665.00M469.00M
Prepaid Expenses178.00M102.00M113.00M123.00M110.00M135.00M
Restricted Cash47.00M20.00M15.00M99.00M64.00M22.00M
Other Current Assets384.00M134.00M98.00M202.00M1.28B766.00M
Total Current Assets2.27B1.77B1.65B2.04B3.80B3.27B
Property, Plant & Equipment8.86B9.50B9.18B8.97B8.41B7.95B
Regulatory Assets302.00M301.00M373.00M
Goodwill2.78B2.85B2.87B3.03B3.61B3.77B
Other Intangible Assets289.00M328.00M391.00M443.00M500.00M583.00M
Long-Term Investments400.00M370.00M299.00M
Other Long-Term Assets1.42B620.00M635.00M318.00M952.00M779.00M
Total Assets15.63B15.46B15.10B15.40B17.57B16.72B
Accounts Payable433.00M511.00M544.00M613.00M891.00M837.00M
Accrued Expenses203.00M196.00M142.00M147.00M181.00M
Short-Term Debt336.00M486.00M465.00M649.00M368.00M367.00M
Current Portion of Long-Term Debt18.00M114.00M232.00M52.00M145.00M106.00M
Current Portion of Leases94.00M89.00M92.00M86.00M85.00M
Other Current Liabilities793.00M573.00M534.00M726.00M807.00M721.00M
Total Current Liabilities1.58B1.98B2.06B2.27B2.44B2.30B
Long-Term Debt6.70B6.48B6.39B6.50B6.44B6.30B
Long-Term Leases388.00M395.00M385.00M335.00M359.00M
Pension & Post-Retirement Benefits13.00M50.00M67.00M92.00M134.00M
Long-Term Deferred Tax Liabilities1.05B973.00M1.01B928.00M1.30B1.14B
Other Long-Term Liabilities1.09B842.00M840.00M855.00M883.00M967.00M
Total Liabilities10.41B10.68B10.74B11.01B11.50B11.19B
Total Preferred Equity167.00M162.00M213.00M
Common Stock1.74B1.71B1.68B1.50B1.48B1.39B
Retained Earnings3.78B3.33B2.98B3.03B4.84B4.08B
Treasury Stock-118.00M-93.00M-56.00M-55.00M-40.00M-26.00M
Comprehensive Income & Other-182.00M-173.00M-253.00M-256.00M-380.00M-140.00M
Total Common Equity5.21B4.78B4.34B4.22B5.90B5.31B
Minority Interest9.00M9.00M9.00M8.00M8.00M9.00M
Shareholders' Equity5.22B4.79B4.35B4.39B6.07B5.53B
Total Liabilities & Equity15.63B15.46B15.10B15.40B17.57B16.72B
Total Debt7.05B7.56B7.57B7.68B7.38B7.21B
Net Cash (Debt)-6.57B-7.23B-7.36B-7.43B-6.97B-6.36B
Net Cash Per Share-29.65-32.97-34.18-35.44-32.30-29.98
Filing Date Shares Outstanding214.49M214.53M214.70M210.90M209.69M209.22M
Total Common Shares Outstanding214.49M214.48M214.69M209.50M209.58M209.22M
Working Capital694.00M-215.00M-409.00M-229.00M1.36B973.00M
Book Value Per Share24.3022.2720.2420.1428.1725.38
Tangible Book Value2.14B1.60B1.08B749.00M1.79B956.00M
Tangible Book Value Per Share10.007.455.043.588.554.57
Land202.00M172.00M174.00M179.00M186.00M
Buildings445.00M429.00M418.00M426.00M436.00M
Machinery10.50B9.99B9.66B8.96B8.64B
Construction In Progress280.00M352.00M251.00M177.00M174.00M

Cash flow statement

Fiscal year October - September; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Net Income671.00M678.00M269.00M-1.50B1.07B1.47B
Depreciation & Amortization561.00M561.00M551.00M532.00M518.00M502.00M
Loss (Gain) on Sale of Assets-1.00M11.00M73.00M160.00M-33.00M-11.00M
Loss (Gain) on Equity Investments-7.00M-5.00M19.00M-2.00M14.00M63.00M
Asset Writedown202.00M675.00M5.00M
Stock-Based Compensation18.00M18.00M8.00M17.00M15.00M21.00M
Change in Accounts Receivable-41.00M-35.00M126.00M212.00M-431.00M-233.00M
Change in Inventory-18.00M30.00M32.00M247.00M-224.00M-231.00M
Change in Accounts Payable-15.00M-29.00M-99.00M-291.00M85.00M366.00M
Change in Income Taxes2.00M15.00M-21.00M91.00M-48.00M
Change in Other Net Operating Assets-81.00M-1.00M-71.00M-410.00M17.00M427.00M
Other Operating Activities-66.00M-53.00M32.00M1.31B-384.00M-878.00M
Operating Cash Flow1.06B1.23B1.18B1.11B716.00M1.48B
Capital Expenditures-875.00M-837.00M-796.00M-974.00M-804.00M-690.00M
Cash Acquisitions-9.00M-242.00M-397.00M
Divestitures215.00M170.00M93.00M30.00M44.00M39.00M
Investment in Securities-16.00M-38.00M-92.00M-146.00M-47.00M-65.00M
Other Investing Activities7.00M6.00M3.00M22.00M37.00M
Investing Cash Flow-669.00M-699.00M-792.00M-1.08B-1.01B-1.11B
Short-Term Debt Issued21.00M267.00M1.00M
Long-Term Debt Issued1.68B1.32B1.93B1.26B656.00M
Total Debt Issued1.43B1.71B1.32B2.20B1.26B656.00M
Short-Term Debt Repaid-194.00M-35.00M
Long-Term Debt Repaid-1.77B-1.30B-2.03B-978.00M-405.00M
Total Debt Repaid-1.31B-1.77B-1.50B-2.03B-978.00M-440.00M
Net Debt Issued (Repaid)116.00M-69.00M-176.00M166.00M280.00M216.00M
Issuance of Common Stock18.00M18.00M12.00M19.00M19.00M
Repurchase of Common Stock-39.00M-33.00M-22.00M-38.00M
Common Dividends Paid-322.00M-322.00M-318.00M-308.00M-296.00M-282.00M
Other Financing Activities-12.00M-16.00M-16.00M
Financing Cash Flow-227.00M-406.00M-506.00M-168.00M-51.00M166.00M
Foreign Exchange Rate Adjustments-13.00M5.00M4.00M9.00M-61.00M-14.00M
Net Cash Flow153.00M127.00M-112.00M-129.00M-408.00M520.00M
Free Cash Flow187.00M390.00M386.00M133.00M-88.00M791.00M
Free Cash Flow Margin2.56%5.35%5.35%1.49%-0.87%10.62%
Free Cash Flow Per Share0.841.781.790.63-0.413.73
Levered Free Cash Flow-236.25M200.75M357.00M184.00M-310.12M428.50M
Unlevered Free Cash Flow36.88M457.62M603.25M420.88M-104.50M622.25M
Cash Interest Paid375.00M375.00M403.00M332.00M320.00M297.00M
Cash Income Tax Paid55.00M55.00M80.00M-17.00M61.00M96.00M
Change in Working Capital-153.00M-20.00M-33.00M-151.00M-553.00M281.00M

Ratios

Fiscal year October - September; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Market Capitalization8.28B7.15B5.37B4.82B6.77B8.91B
Enterprise Value14.85B13.76B12.12B11.85B12.99B14.64B
PE Ratio12.7610.5419.976.316.08
PS Ratio1.140.980.740.540.671.20
PB Ratio1.591.491.231.101.111.61
P/FCF Ratio44.3618.3313.9236.2311.27
P/OCF Ratio7.815.834.544.359.456.02
EV/Sales Ratio2.041.891.681.331.291.97
EV/EBITDA Ratio8.548.227.385.944.97
EV/EBIT Ratio12.6112.3711.127.796.00
EV/FCF Ratio79.5135.2931.3989.1018.51
Debt / Equity Ratio1.351.581.741.751.211.30
Debt / EBITDA Ratio3.784.204.29264.693.222.36
Debt / FCF Ratio37.7019.3919.6257.719.12
Net Debt / Equity Ratio1.261.511.691.691.151.15
Net Debt / EBITDA Ratio3.784.324.48-91.793.192.16
Net Debt / FCF Ratio35.1518.5319.0755.90-79.228.04
Quick Ratio0.830.570.490.520.690.82
Current Ratio1.440.890.800.901.561.42
Asset Turnover0.470.480.470.540.590.48
Return on Equity (ROE)13.28%14.84%6.15%-28.70%18.51%30.35%
Return on Assets (ROA)4.75%4.55%4.47%-2.32%6.08%9.94%
Return on Capital Employed (ROCE)8.40%8.30%8.40%-4.70%11.00%16.90%
Earnings Yield7.83%9.49%5.01%-31.18%15.85%16.46%
FCF Yield2.25%5.46%7.19%2.76%-1.30%8.88%
Dividend Yield3.89%4.50%6.00%6.39%4.37%3.17%
Payout Ratio49.62%47.49%118.22%27.59%19.22%
Buyback Yield / Dilution-1.84%-1.81%-2.60%2.79%-1.74%-1.07%
Total Shareholder Return2.04%2.69%3.39%9.18%2.62%2.09%