UGI Earnings Reports

UGI Corporation posted robust second quarter earnings with adjusted diluted EPS rising 12% year-over-year, driven by colder weather and solid operational execution across all business segments.

UGI Corporation reported a GAAP diluted EPS of $1.74 and an adjusted diluted EPS of $1.37 for Q1 2025, compared to $0.44 and $1.20 respectively in the prior-year period. The company's Q1 EBIT was $420 million, slightly lower than the $425 million in the prior-year period. UGI is focusing on operational improvements, particularly at AmeriGas Propane, and strengthening its foundation through its people and culture.

UGI Corporation reported GAAP net income of $269 million and adjusted net income of $658 million, compared to a GAAP net loss of $(1,502) million and adjusted net income of $613 million in the prior year. The company achieved a $75 million reduction in operating and administrative expenses and deployed approximately $900 million of capital.

UGI reported solid fiscal third quarter results with adjusted diluted EPS of $0.06, demonstrating progress in executing key strategic priorities, including cost savings and stabilization of AmeriGas.

UGI Corporation reported a strong fiscal second quarter, with GAAP diluted EPS of $2.30 and adjusted diluted EPS of $1.97, compared to the prior-year period. The company's natural gas businesses delivered the highest second quarter earnings, reporting a 32% growth over the prior year. The Board has decided to retain ownership of AmeriGas Propane.

UGI Corporation reported a GAAP diluted EPS of $0.44 and an adjusted diluted EPS of $1.20 for Q1 2024, compared to a GAAP diluted EPS of $(4.54) and an adjusted diluted EPS of $1.14 in the prior-year period. The company's Q1 EBIT was $425 million, up from $411 million in the prior-year period. The results were driven by a 77% increase in EBIT from UGI International, although AmeriGas experienced a decline in year-over-year financial results.

UGI Corporation reported a GAAP net loss of $(1,502) million and adjusted net income of $613 million for fiscal year 2023. The company issued fiscal 2024 adjusted diluted EPS guidance range of $2.70 - $3.00. Strategic accomplishments included record earnings at the Utilities and Midstream & Marketing segments, and the divestiture of energy marketing businesses in the UK and Belgium.

UGI Corporation reported a GAAP diluted loss per share of $(3.76) and adjusted diluted EPS of $0.00 for Q3 2023. The company is focusing on cost savings and balance sheet improvements amidst a challenging environment.

UGI Corporation reported Q2 GAAP diluted EPS of $0.51 and adjusted diluted EPS of $1.68, compared to the prior-year period. The results were impacted by warm weather across all reportable segments and severe weather events. The company updated its fiscal 2023 adjusted diluted EPS guidance to a range of $2.75 - $2.90.

UGI Corporation reported a GAAP diluted EPS of $(4.54) and an adjusted diluted EPS of $1.14 for Q1 2023, compared to a GAAP diluted EPS of $(0.46) and an adjusted diluted EPS of $0.93 in the prior-year period. The company's Q1 EBIT was $411 million, up from $348 million in the prior-year period. Strong performance was driven by natural gas businesses and growth investments, offsetting the impact of high inflation.

UGI Corporation reported a decrease in net income attributable to UGI Corporation to $244 million compared to $525 million in the prior year. Total revenues increased to $1,934 million compared to $1,438 million in the prior year.

UGI Corporation reported Q3 GAAP diluted EPS of $(0.03) and adjusted diluted EPS of $0.06, compared to the prior-year period's GAAP diluted EPS of $0.71 and adjusted diluted EPS of $0.13. Despite challenging market conditions, the company achieved reportable segments EBIT of $100 million, slightly above the $98 million from the previous year.

UGI Corporation reported Q2 GAAP diluted EPS of $4.32 and adjusted diluted EPS of $1.91. The company's natural gas businesses delivered strong results, offsetting declines in energy marketing margin at UGI International and lower volumes at AmeriGas. UGI updated its fiscal 2022 adjusted EPS guidance to a range of $2.90 - $3.00 per share.

UGI's Q1 GAAP diluted EPS was $(0.46) and adjusted diluted EPS was $0.93, compared to GAAP diluted EPS of $1.44 and adjusted diluted EPS of $1.18 in the prior-year period. Results reflect the impact of all-time record warm weather in the U.S. in December and significant increases and volatility in commodity prices on LPG and energy marketing margins in Europe, partially offset by incremental contribution from strategic investments in the natural gas businesses.

UGI Corporation reported record GAAP net income and adjusted net income for fiscal year 2021. The company completed the acquisition of Mountaineer Gas Company and committed over $100 million to renewable natural gas projects.