UGI Corporation (UGI) Stock Analysis
Utilities · Utilities - Regulated Gas · NYSE
UGI Corporation (UGI) posted $7.29B in revenue for fiscal 2025 (up 1.1% year over year), at a 9.3% net margin, and has compounded revenue about 2.1%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on UGI Corporation
UGI Corporation has grown revenue from $5.69B to $7.29B over the last 10 fiscal years, compounding about 2.1% a year. The most recent year was up 1.1%, roughly in line with its longer-run pace.
Net margin sits at 9.3%, up 5.6 points year over year. It carries about $6.65B of total debt.
At today's valuation the market is pricing in roughly 7.1% annual free-cash-flow growth — versus the -2.7% it actually delivered over the last five years, so the price already assumes a step-up from the recent record. The one thing worth a second look in the filings is heavy debt load.
Synthesised from UGI Corporation's SEC filings — descriptive, not advice. Ask the analyst your own question →
UGI Corporation revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.69B | $6.12B | $7.65B | $7.32B | $6.56B | $7.45B | $10.11B | $8.93B | $7.21B | $7.29B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $364.70M | $436.60M | $719.00M | $256.00M | $532.00M | $1.47B | $1.07B | $-1.50B | $269.00M | $678.00M |
| Net margin | 6.4% | 7.1% | 9.4% | 3.5% | 8.1% | 19.7% | 10.6% | -16.8% | 3.7% | 9.3% |
Source: UGI Corporation SEC filings (10-K). 18 years of history available in the interactive view.
UGI Corporation: 1 potential red flag in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Heavy debt loadTotal debt of $6882M is 5.6× last year's operating cash flow — it would take years of cash flow to clear.
What growth is priced into UGI stock?
At today's market cap of $7.47B, UGI Corporation is priced for free-cash-flow growth of about 7.1% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $390.00M from the FY ending 2025-09-30). For comparison, free cash flow actually grew -2.7%/yr over the last five fiscal years and revenue 2.1%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 18 years of UGI Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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UGI Corporation financial history by metric
Compare UGI Corporation with peers
About UGI Corporation
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 propane to approximately 801 million 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.
UGI Corporation — frequently asked questions
What is UGI Corporation's revenue?
UGI Corporation (UGI) reported revenue of $7.29B for fiscal year 2025, up 1.1% from the prior year, according to its SEC filings.
Is UGI Corporation profitable?
Yes. UGI earned net income of $678.00M in fiscal 2025, a net margin of 9.3%.
What is UGI's P/E ratio?
UGI Corporation trades at a price-to-earnings ratio of about 12.3 based on the latest data in our nightly-refreshed cache.
How fast is UGI Corporation growing?
UGI's revenue grew at roughly 2.1% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does UGI Corporation have?
As of fiscal year 2025, UGI carried roughly $6.65B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is UGI Corporation's market cap?
UGI Corporation (UGI) has a market capitalization of about $7.47B, based on the latest data in our nightly-refreshed cache.
When does UGI Corporation's fiscal year end?
UGI's fiscal year ends in September. Its most recent annual filing covers the fiscal year ending 2025-09-30.
What growth is priced into UGI stock?
At today's market cap of $7.47B, UGI Corporation is priced for free-cash-flow growth of about 7.1% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $390.00M from the FY ending 2025-09-30). For comparison, free cash flow actually grew -2.7%/yr over the last five fiscal years and revenue 2.1%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from UGI Corporation's official SEC filings (10-K and 10-Q), covering 18 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.