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.

Ticker
UGI
Exchange
NYSE
Sector
Utilities
Industry
Utilities - Regulated Gas
Market cap
$7.95B
52-week range
$31.65 - $41.34

Valuation

Share price
$37.04 (close of Nov 6, 2026)
P/E (TTM)
11.87x
Price to book
1.52x
Price to free cash flow
42.52x
Enterprise value
$14.53B
Book value per share
$24.32

Price performance

PeriodChange
1 day-0.48%
5 days-4.22%
1 month-0.30%
3 months+8.05%
6 months+5.62%
Year to date-1.04%
1 year+9.81%
3 years+69.13%
5 years-17.03%
10 years-16.43%
All time+1,739.23%

Short interest

As of
Oct 15, 2026
Short % of float
7.61%
Shares short
12.60M
Days to cover
7.99
Change since prior report
+8.24%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
14.17%
Return on invested capital
9.14%
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)
2.35%
Current ratio
1.44x
Net debt to EBITDA
3.73x

Latest reported year

Period end
Sep 30, 2025
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
Interest expense
$411.00M
Shares outstanding
214.94M

Income statement by year

Period endRevenueGross profitNet incomeEPS
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$7.32B$2.58B$256.00M$1.44
2018-09-30$7.65B$3.08B$719.00M$4.13
2017-09-30$6.12B-$436.60M$2.51
2016-09-30$5.69B-$364.70M$2.11

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-09-3043.63%9.49%14.17%9.14%
2024-09-3041.19%3.82%6.18%6.08%
2023-09-308.15%-17.14%-34.18%-9.53%
2022-09-3037.01%10.75%17.67%10.35%
2021-09-3059.39%19.96%26.52%14.71%
2020-09-3044.84%8.25%12.86%7.96%
2019-09-3035.25%3.50%6.69%5.44%
2018-09-3040.23%9.40%17.53%12.48%
2017-09-30-7.13%11.67%10.52%
2016-09-30-6.41%10.14%10.04%

Cash and debt by year

Period endCashDebt
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 endFree cash flowStock-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
Sep 15, 2026
Paid in the last twelve months
$1.50
Payment dateDividend 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

Next earnings report

Next confirmed report
Nov 18, 2026
Consensus EPS estimate
$-0.32

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-05Jun 2026-$0.35
2026-05-06Mar 2026$2.27
2026-02-04Dec 2025$1.50
2025-11-20Sep 2025-$0.44
2025-08-06Jun 2025-$0.12
2025-05-07Mar 2025$1.80
2025-02-05Dec 2024$1.21
2024-11-21Sep 2024-$0.30

Filings and sources

Company website
ugicorp.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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