UGI Financials Ugi Corp /Pa/

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 28 h ago Overview →

Growth & profitability

Revenue has grown 2.1% per year over the past 5 years.
Net income has grown faster than revenue (5.0% vs 2.1% per year).
Operating margin has been roughly flat, at 15.5% in the latest year.
Free cash flow has declined 2.7% per year over the past 5 years.

Financial health

Total debt ($6.6B) exceeds cash ($335M); net debt is $6.3B.
Total debt has grown in line with revenue (2.0% vs 2.1% per year).
Operating income covered interest expense 2.7× in the latest year.
Total debt is 4.0× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 47.5% of earnings and 82.6% of free cash flow.
The dividend has grown 3.4% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$7.1B	$678M	0.0%	15.5%	$390M	$6.6B	$335M
2024	$7.0B	$269M	0.0%	10.9%	$386M	$6.7B	$213M
2023	$8.8B	-$1.5B	0.0%	-16.5%	$133M	$6.6B	$241M
2022	$10.0B	$1.1B	0.0%	16.7%	-$88M	$6.6B	$405M
2021	$7.3B	$1.5B	0.0%	32.0%	$791M	$6.4B	$855M
2020	$6.5B	$532M	0.0%	15.2%	$447M	$6.0B	$336M
2019	$7.2B	$256M	0.0%	8.6%	$373M	$5.8B	$447M
2018	—	$719M	—	—	$511M	$4.2B	$452M
2017	—	$437M	—	—	$326M	$4.2B	$558M
2016	—	$365M	—	—	$406M	$4.1B	$503M
2015	—	$281M	—	—	$673M	$3.9B	$370M
2014	—	$337M	—	—	$549M	$3.7B	$420M
2013	—	$278M	—	—	$316M	$3.8B	$389M
2012	—	$210M	—	—	$368M	$3.5B	$320M
2011	—	$233M	—	—	$194M	$2.2B	$239M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$2.7B	$520M	0.0%	28.4%	$494M	—	$494M
Dec '25	$2.1B	$297M	0.0%	22.0%	-$155M	—	$251M
Sep '25	$1.2B	-$13M	0.0%	1.1%	-$168M	$6.6B	$335M
Jun '25	$1.4B	-$163M	0.0%	-6.8%	$67M	—	$350M
Mar '25	$2.6B	$479M	0.0%	26.6%	$538M	—	$426M
Dec '24	$2.0B	$375M	0.0%	24.5%	-$47M	—	$240M
Sep '24	$1.2B	-$273M	0.0%	-20.4%	-$115M	$6.7B	$213M
Jun '24	$1.4B	-$48M	0.0%	5.0%	$185M	—	$183M
Mar '24	$2.4B	$496M	0.0%	29.7%	$353M	—	$263M
Dec '23	$2.1B	$94M	0.0%	11.2%	-$37M	—	$204M
Sep '23	$1.4B	$131M	0.0%	17.2%	-$54M	$6.6B	$241M
Jun '23	$1.6B	-$789M	0.0%	-45.2%	$177M	—	$260M
Mar '23	$3.0B	$110M	0.0%	8.4%	$460M	—	$321M
Dec '22	$2.7B	-$954M	0.0%	-44.2%	-$450M	—	$317M
Sep '22	$1.9B	$244M	0.0%	16.0%	-$385M	$6.6B	$405M
Jun '22	$2.0B	-$7M	0.0%	4.9%	$252M	—	$670M
Mar '22	$3.4B	$933M	0.0%	38.7%	$825M	—	$718M
Dec '21	$2.6B	-$97M	0.0%	-2.6%	-$780M	—	$334M
Sep '21	$1.4B	$525M	0.0%	55.4%	$204M	$6.4B	$855M
Jun '21	$1.5B	$150M	0.0%	26.5%	$245M	—	$545M

Valuation over time

How the market has priced UGI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 7.0× (Mar '23) to 11.1× (Jun '26).
The price-to-sales ratio has risen from 0.8× (Mar '23) to 1.1× (Jun '26).
The dividend yield has risen from 3.9% (Mar '23) to 4.3% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is UGI growing its revenue and profit?

Over the past 5 years, Ugi Corp /Pa/'s revenue has grown 2.1% per year, and net income grown 5.0% per year. These are computed facts, not advice.

How much debt does UGI have?

As of FY2025, Ugi Corp /Pa/ reported $6.6B of total debt against $335M of cash; operating income covered interest expense 2.7×.

What is UGI's profit margin?

In FY2025, gross margin was —, operating margin 15.5%, and net margin 9.5%.

What is UGI's P/E ratio?

As of Jun '26, Ugi Corp /Pa/ traded at a price-to-earnings ratio of about 11.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.