Sep 30, 2024

UGI Q4 2024 Earnings Report

UGI reported strong fiscal year 2024 results and issued fiscal year 2025 guidance.

Key Takeaways

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.

GAAP net income of $269 million and adjusted net income of $658 million.

GAAP diluted EPS of $1.25 and adjusted diluted EPS of $3.06.

Reportable segments EBIT delivered $1,178 million.

Achieved $75 million reduction in operating and administrative expenses.

Total Revenue
$1.24B
Previous year: $1.4B
-11.5%
EPS
-$0.16
Previous year: $0.03
-633.3%
Gross Profit
$584M
Previous year: $568M
+2.8%
Cash and Equivalents
$213M
Previous year: $241M
-11.6%
Free Cash Flow
-$115M
Previous year: -$54M
+113.0%
Total Assets
$15.1B
Previous year: $15.4B
-2.0%

UGI

UGI

Forward Guidance

UGI provides an adjusted EPS guidance range of $2.75 - $3.05 per diluted share for the fiscal year ending September 30, 2025. This guidance range assumes normal weather and the current tax regime.