UGI
Runs regulated U.S. utilities alongside AmeriGas propane and European LPG distribution.
Something off on this page? Send us feedback.
Profile
Operates utilities, energy services, domestic AmeriGas propane distribution, and European LPG distribution. It distributes, stores, transports, and markets energy products across the United States and Europe; parts of the business are subject to state-utility and FERC regulation.
Operates regulated gas and electric utilities in Pennsylvania and West Virginia, alongside domestic propane distribution under AmeriGas. Its Utilities and AmeriGas Propane segments serve U.S. energy customers.
Midstream & Marketing provides energy marketing, renewable natural gas, storage, gathering and processing, production, and energy services. UGI International distributes LPG in Europe, giving the portfolio operations in the United States and Europe.
The group distributes, stores, transports, and markets energy products and related services. State-utility regulation, FERC-regulated storage, LNG, and portions of transmission, plus the associated rate structures and approvals, shape parts of the business.
Company facts
Categories
Key statistics
Year to date +1.0% · Average volume (30d) 2.1M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| May 11, 2026 | Wells Fargo | Target | $42 | $46 | ||
| Apr 30, 2026 | Jefferies | Downgrade | Buy | Hold | $45 | $40 |
| Dec 15, 2025 | Mizuho Securities | Target | $30 | $44 | ||
| Nov 19, 2025 | Jefferies | Target | $45 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 5, 2026Q3 FY26 | −$0.08 | −$0.20 | −151.2% | $1.50B | $1.33B | −11.2% | −3.55% |
| May 6, 2026Q2 FY26 | $2.11 | $2.09 | −0.9% | $3.08B | $2.69B | −12.9% | −7.84% |
| Feb 4, 2026Q1 FY26 | $1.50 | $1.26 | −16.0% | $2.49B | $2.08B | −16.4% | −6.34% |
| Nov 20, 2025Q4 FY25 | −$0.38 | −$0.23 | +39.1% | $1.52B | $1.20B | −21.5% | +7.06% |
Financial highlights
| 12 quarters | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $2.67B | $1.39B | $1.20B | $2.08B | $2.69B | $1.33B | |
| Gross profit | $1.37B | $557.0M | $604.0M | $1.07B | $1.16B | $573.0M | |
| Operating income | $700.0M | −$93.0M | $13.0M | $454.0M | $602.0M | −$44.0M | |
| Net income | $479.0M | −$163.0M | −$13.0M | $297.0M | $520.0M | −$133.0M | |
| Diluted EPS | $2.19 | −$0.76 | −$0.06 | $1.34 | $2.33 | −$0.62 | |
| Gross margin | 51.2% | 40.0% | 50.5% | 51.4% | 43.2% | 43.1% | |
| Operating margin | 26.3% | -6.7% | 1.1% | 21.8% | 22.4% | -3.3% |
Fiscal years (4-quarter sums)FY21 $7.45B · FY22 $10.11B · FY23 $8.93B · FY24 $7.21B · FY25 $7.29B
Revenue by product · Q3 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $476.0M · Total debt $6.71B · Total assets $15.63B · Shareholders' equity $5.21B
Dividends
Raised for 39 straight years — most recently to $0.375 from $0.36 in Jun 2023. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 15, 2026 | Jun 15 | Jul 1 | $0.375 | |
| Mar 16, 2026 | Mar 16 | Apr 1 | $0.375 | |
| Dec 15, 2025 | Dec 15 | Jan 1 | $0.375 | |
| Sep 15, 2025 | Sep 15 | Oct 1 | $0.375 | |
| Jun 16, 2025 | Jun 16 | Jul 1 | $0.375 | |
| Mar 17, 2025 | Mar 17 | Apr 1 | $0.375 | |
| Dec 16, 2024 | Dec 16 | Jan 1 | $0.375 | |
| Sep 16, 2024 | Sep 16 | Oct 1 | $0.375 |
Ownership
Institutions and insiders are filed separately and overlap, so together they can pass the whole company. No split is drawn from them.
Shares outstanding 214.39M · Float 213.95M · 99.8% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 26.46M | 12.34% | 13F | Aug 7, 2026 |
| FMR LLC | 13.99M | 6.52% | 13F | Aug 13, 2026 |
| Vanguard Portfolio Management LLC | 12.62M | 5.88% | 13F | Aug 13, 2026 |
| Vanguard Capital Management LLC | 9.65M | 4.50% | 13F | Aug 13, 2026 |
| Neuberger Berman Group LLC | 8.20M | 3.83% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 18, 2026 | Kathleen Shea-Ballay | officer: GC and Chief Legal Officer | −25,360 | $33.62 |
| Feb 11, 2026 | Jean Felix Tematio | officer: VP, CAO & Corporate Controller | −12,840 | $38.07 |
| Dec 17, 2025 | Joseph L. Hartz | officer: President of Subsidiary | −5,000 | $38.45 |
| Dec 5, 2025 | Sean O'Brien | officer: Chief Financial Officer | −28,709 | $37.65 |
| Nov 26, 2025 | Hans G. Bell | officer: President of Subsidiary | −11,300 | $38.91 |
Peers
- Suburban Propane
Large U.S. retail propane distributor serving about 1 million customers
- Spectrum Brands
Top-three North American retail propane distributor across U.S. and Canada
- National Fuel Gas
Appalachian gas utility, gathering, pipeline and storage operator
- Energy Transfer
Large U.S. midstream operator with gas transport, storage and NGL assets
- Chesapeake Utilities
U.S. utility and propane distributor with gas and CNG/LNG/RNG services
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| UGI | $38.01 | −0.03% | $8.15B | 12.7 | 13.0 | 1.1 | −4.5% |
| Suburban Propane | $17.63 | −0.06% | $1.17B | 9.0 | — | 0.8 | +0.5% |
| Spectrum Brands | $89.07 | +0.51% | $2.06B | 26.5 | 17.2 | 0.7 | +7.7% |
| National Fuel Gas | $82.97 | +0.02% | $7.89B | 11.5 | 11.0 | 3.1 | +1.1% |
| Energy Transfer | $21.34 | +0.12% | $73.33B | 13.2 | 12.9 | 0.7 | +78.4% |
| Chesapeake Utilities | $132.71 | +0.00% | $3.19B | 21.2 | 19.7 | 3.2 | +4.7% |
| Median | 13.2 | 15.1 | 0.8 | +4.7% |