UGI Corp (UGI)
UGI Corporation, together with its subsidiaries, engages in the distribution, storage, transportation, and marketing of energy products and related services in the United States and internationally. The company operates through four segments: Utilities, Midstream & Marketing, UGI International, and AmeriGas Propane. It distributes approximately 801 million gallons of propane to residential, commercial/industrial, motor fuel, agricultural, and wholesale customers. The company distributes liquefied petroleum gases (LPG) to residential, commercial, industrial, agricultural, wholesale and automobile fuel customers; and provides logistics, storage, and other services to third-party LPG distributors. In addition, it engages in the retail sale of natural gas, liquid fuels, and electricity to approximately 10,800 residential, commercial, and industrial customers. Further, the company distributes natural gas to approximately 694,000 customers in eastern and central Pennsylvania counties through its distribution system of approximately 12,700 miles of gas mains; and supplies electricity to approximately 62,900 customers in northeastern Pennsylvania through 2,700 miles of lines and 14 substations. Additionally, it operates electric generation facilities; natural gas liquefaction, storage, and vaporization facility; propane storage and propane-air mixing stations; and rail transshipment terminals. It manages natural gas pipeline and storage contracts; develops, owns, and operates pipelines, gathering infrastructure, and gas storage facilities. UGI Corporation was incorporated in 1882 and is headquartered in King of Prussia, Pennsylvania.
- Symbol
- UGI
- Exchange
- NYSE
- Sector
- Utilities
- Industry
- Utilities - Regulated Gas
- Market cap
- $7.91B
- 52 week range
- 31.62 - 41.34
Valuation
- Share price
- $36.62 (close of 2026-09-23)
- P/E (TTM)
- 11.81x
- Price to book
- 1.51x
- Price to free cash flow
- 42.31x
- Enterprise value
- $14.48B
- Book value per share
- $24.32
Price performance
| Period | Change |
|---|
| 1 day | -1.64% |
| 5 days | -3.15% |
| 1 month | -2.58% |
| 3 months | +5.47% |
| 6 months | +1.78% |
| Year to date | -2.16% |
| 1 year | +11.10% |
| 3 years | +51.64% |
| 5 years | -14.13% |
| 10 years | -22.71% |
| All time | +1721.89% |
Profitability and growth
- Return on equity
- 14.17%
- Return on invested capital
- 9.40%
- Return on assets
- 4.38%
- Return on capital employed
- 8.21%
- Gross margin
- 43.63%
- Net margin
- 9.49%
- EBITDA margin
- 23.34%
- Revenue growth
- 1.45%
- Net income growth
- 152.04%
- Free cash flow growth
- 1.04%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 2.36%
- Current ratio
- 1.44x
- Net debt to EBITDA
- 3.73x
Latest reported year
- Period end
- 2025-09-30
- Fiscal year
- 2025
- Revenue
- $7.15B
- Cost of revenue
- $4.03B
- Gross profit
- $3.12B
- EBITDA
- $1.67B
- Net income
- $678.00M
- Earnings per share
- $3.15
- Shares outstanding
- 214.94M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-09-30 | $7.15B | $3.12B | $678.00M | $3.15 |
| 2024-09-30 | $7.04B | $2.90B | $269.00M | $1.27 |
| 2023-09-30 | $8.76B | $714.00M | $-1.50B | $-7.16 |
| 2022-09-30 | $9.98B | $3.69B | $1.07B | $5.11 |
| 2021-09-30 | $7.35B | $4.36B | $1.47B | $7.02 |
| 2020-09-30 | $6.45B | $2.89B | $532.00M | $2.55 |
| 2019-09-30 | $7.21B | $2.58B | $256.00M | $1.44 |
| 2018-09-30 | $7.65B | $3.08B | $719.00M | $4.13 |
| 2017-09-30 | $6.12B | $1.01B | $436.60M | $2.51 |
| 2016-09-30 | $5.69B | $992.40M | $364.70M | $2.11 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-09-30 | 43.63% | 9.49% | 14.17% | 9.40% |
| 2024-09-30 | 41.19% | 3.82% | 6.18% | 6.19% |
| 2023-09-30 | 8.15% | -17.14% | -34.18% | -9.73% |
| 2022-09-30 | 37.01% | 10.75% | 17.67% | 10.68% |
| 2021-09-30 | 59.39% | 19.96% | 26.52% | 15.80% |
| 2020-09-30 | 44.84% | 8.25% | 12.86% | 8.22% |
| 2019-09-30 | 35.78% | 3.55% | 6.69% | 5.71% |
| 2018-09-30 | 40.23% | 9.40% | 17.53% | 13.21% |
| 2017-09-30 | 16.50% | 7.13% | 11.67% | 11.32% |
| 2016-09-30 | 17.45% | 6.41% | 10.14% | 11.20% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-09-30 | $335.00M | $6.53B |
| 2024-09-30 | $213.00M | $6.44B |
| 2023-09-30 | $241.00M | $6.54B |
| 2022-09-30 | $405.00M | $6.48B |
| 2021-09-30 | $855.00M | $6.34B |
| 2020-09-30 | $336.00M | $5.98B |
| 2019-09-30 | $447.00M | $5.78B |
| 2018-09-30 | $452.00M | $4.15B |
| 2017-09-30 | $558.00M | $3.99B |
| 2016-09-30 | $502.80M | $3.77B |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-09-30 | $390.00M | $18.00M |
| 2024-09-30 | $386.00M | $8.00M |
| 2023-09-30 | $133.00M | $17.00M |
| 2022-09-30 | $-88.00M | $15.00M |
| 2021-09-30 | $791.00M | $21.00M |
| 2020-09-30 | $447.00M | $15.00M |
| 2019-09-30 | $373.00M | $18.00M |
| 2018-09-30 | $511.00M | $23.00M |
| 2017-09-30 | $325.50M | $19.30M |
| 2016-09-30 | $405.90M | $23.80M |
Dividend history
- Most recent payment
- 2026-09-15
- Paid in the last twelve months
- $1.50
| Payment date | Dividend per share |
|---|
| 2026-09-15 | $0.38 |
| 2026-06-15 | $0.38 |
| 2026-03-16 | $0.38 |
| 2025-12-15 | $0.38 |
| 2025-09-15 | $0.38 |
| 2025-06-16 | $0.38 |
| 2025-03-17 | $0.38 |
| 2024-12-16 | $0.38 |
Investor relations
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-08-05 | Jun/2026 | - |
| 2026-05-06 | - | - |
| 2026-02-04 | - | - |
| 2025-11-20 | - | - |
| 2025-08-06 | - | - |
| 2025-05-07 | - | - |
| 2025-02-05 | - | - |
| 2024-11-21 | - | - |
Filings and sources
- Company website
- ugicorp.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
Similar companies
Atmos Energy Corp (ATO) · NiSource Inc. (NI) · Constellation Energy Corp (CEG) · Vistra Corp. (VST) · NRG Energy, Inc. (NRG) · NextEra Energy Inc (NEE) · Southern Co (SO) · Duke Energy Corp (DUK)
All Utilities companies
Understanding these figures
Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
Explore
Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades