Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of UGI.
Income Statement
| Breakdown | September 30, 2024 | September 30, 2023 | September 30, 2022 | September 30, 2021 | September 30, 2020 | September 30, 2019 | September 30, 2018 | September 30, 2017 | September 30, 2016 | September 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.21B | $8.93B | $10.11B | $7.45B | $6.56B | $7.32B | $7.65B | $6.12B | $5.69B | $6.69B |
| Cost of Revenue | $3.53B | $6.94B | $5.97B | $2.61B | $3.15B | $4.32B | $4.08B | $2.84B | $2.44B | $3.74B |
| Gross Profit | $3.68B | $1.99B | $4.13B | $4.83B | $3.41B | $3.00B | $3.58B | $3.28B | $3.25B | $2.95B |
| Gross Profit Ratio | 51.05% | 22.30% | 40.90% | 64.90% | 51.99% | 40.94% | 46.74% | 53.64% | 57.13% | 44.16% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $2.13B | $2.16B | $2.03B | $2.01B | $1.91B | $1.96B | $2.01B | $1.87B | $1.88B | $1.77B |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $2.13B | $2.16B | $2.03B | $2.01B | $1.91B | $1.96B | $2.01B | $1.87B | $1.88B | $1.77B |
| Other Expenses | $779.00M | $1.28B | $5.00M | $1.00M | $- | $1.00M | $15.60M | $-29.70M | $-15.80M | $- |
| Operating Expenses | $2.91B | $3.44B | $2.51B | $2.52B | $2.39B | $2.41B | $2.46B | $2.27B | $2.28B | $2.14B |
| Cost and Expenses | $6.44B | $10.37B | $8.49B | $5.13B | $5.54B | $6.73B | $6.54B | $5.11B | $4.72B | $5.88B |
| Interest Income | $11.00M | $23.00M | $1.00M | $17.00M | $2.00M | $6.00M | $3.00M | $1.70M | $200.00K | $800.00K |
| Interest Expense | $394.00M | $379.00M | $329.00M | $310.00M | $322.00M | $258.00M | $230.00M | $223.50M | $228.90M | $241.90M |
| Depreciation and Amortization | $551.00M | $532.00M | $518.00M | $502.00M | $484.00M | $448.10M | $455.10M | $416.30M | $400.90M | $374.10M |
| EBITDA | $1.28B | $-886.00M | $2.19B | $2.94B | $1.58B | $1.10B | $1.53B | $1.47B | $1.43B | $1.22B |
| EBITDA Ratio | 17.82% | -9.92% | 21.24% | 37.25% | 23.51% | 14.64% | 20.83% | 23.13% | 24.37% | 17.88% |
| Operating Income | $770.00M | $-1.44B | $1.67B | $2.35B | $982.00M | $617.00M | $1.06B | $1.01B | $988.00M | $834.90M |
| Operating Income Ratio | 10.68% | -16.17% | 16.49% | 31.56% | 14.97% | 8.43% | 13.92% | 16.50% | 17.38% | 12.48% |
| Total Other Income Expenses Net | $-430.00M | $-393.00M | $-279.00M | $-361.00M | $-315.00M | $-216.00M | $-210.00M | $-308.60M | $-278.00M | $-243.10M |
| Income Before Tax | $340.00M | $-1.84B | $1.39B | $1.99B | $667.00M | $401.00M | $855.00M | $701.40M | $710.00M | $591.80M |
| Income Before Tax Ratio | 4.72% | -20.58% | 13.72% | 26.71% | 10.17% | 5.48% | 11.18% | 11.46% | 12.49% | 8.84% |
| Income Tax Expense | $71.00M | $-335.00M | $313.00M | $522.00M | $135.00M | $93.00M | $33.00M | $177.60M | $221.20M | $177.80M |
| Net Income | $269.00M | $-1.50B | $1.07B | $1.47B | $532.00M | $256.00M | $719.00M | $436.60M | $364.70M | $281.00M |
| Net Income Ratio | 3.73% | -16.82% | 10.62% | 19.70% | 8.11% | 3.50% | 9.40% | 7.13% | 6.41% | 4.20% |
| EPS | $1.27 | $-7.16 | $5.11 | $7.02 | $2.55 | $1.44 | $4.13 | $2.51 | $2.11 | $1.62 |
| EPS Diluted | $1.25 | $-7.16 | $4.97 | $6.92 | $2.53 | $1.41 | $4.06 | $2.46 | $2.08 | $1.60 |
| Weighted Average Shares Outstanding | 211.31M | 209.81M | 209.94M | 209.06M | 208.93M | 178.42M | 173.91M | 173.66M | 173.15M | 173.12M |
| Weighted Average Shares Outstanding Diluted | 215.27M | 209.81M | 215.82M | 212.13M | 209.87M | 181.11M | 176.91M | 177.16M | 175.57M | 175.67M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | September 30, 2024 | September 30, 2023 | September 30, 2022 | September 30, 2021 | September 30, 2020 | September 30, 2019 | September 30, 2018 | September 30, 2017 | September 30, 2016 | September 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $213.00M | $241.00M | $405.00M | $855.00M | $336.00M | $447.00M | $452.60M | $558.40M | $502.80M | $369.70M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $63.10M | $30.90M | $- |
| Cash and Short Term Investments | $213.00M | $241.00M | $405.00M | $855.00M | $336.00M | $447.00M | $452.60M | $558.40M | $502.80M | $369.70M |
| Net Receivables | $709.00M | $947.00M | $1.28B | $1.02B | $746.00M | $656.00M | $765.90M | $640.10M | $564.40M | $631.80M |
| Inventory | $411.00M | $433.00M | $665.00M | $469.00M | $241.00M | $230.00M | $318.20M | $278.60M | $210.30M | $239.90M |
| Other Current Assets | $318.00M | $424.00M | $1.45B | $923.00M | $220.00M | $233.00M | $351.40M | $220.40M | $146.30M | $218.40M |
| Total Current Assets | $1.65B | $2.04B | $3.80B | $3.27B | $1.54B | $1.57B | $1.89B | $1.70B | $1.42B | $1.46B |
| Property Plant Equipment Net | $8.76B | $8.97B | $8.04B | $7.56B | $6.96B | $6.69B | $5.81B | $5.54B | $5.24B | $4.99B |
| Goodwill | $2.87B | $3.03B | $3.61B | $3.77B | $3.52B | $3.46B | $3.16B | $3.11B | $2.99B | $2.95B |
| Intangible Assets | $391.00M | $443.00M | $500.00M | $583.00M | $677.00M | $709.00M | $513.60M | $611.70M | $580.30M | $610.10M |
| Goodwill and Intangible Assets | $3.26B | $3.47B | $4.11B | $4.35B | $4.20B | $4.17B | $3.67B | $3.72B | $3.57B | $3.56B |
| Long Term Investments | $- | $- | $695.00M | $512.00M | $294.00M | $285.60M | $190.70M | $129.60M | $102.50M | $70.80M |
| Tax Assets | $- | $- | $-695.00M | $-512.00M | $-294.00M | $-285.60M | $-190.70M | $-129.60M | $-102.50M | $-70.80M |
| Other Non-Current Assets | $1.42B | $919.00M | $1.62B | $1.54B | $1.29B | $928.00M | $610.60M | $628.80M | $616.10M | $496.80M |
| Total Non-Current Assets | $13.45B | $13.36B | $13.77B | $13.45B | $12.44B | $11.78B | $10.09B | $9.88B | $9.42B | $9.05B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $15.10B | $15.40B | $17.57B | $16.72B | $13.98B | $13.35B | $11.98B | $11.58B | $10.85B | $10.51B |
| Account Payables | $544.00M | $613.00M | $891.00M | $837.00M | $475.00M | $439.00M | $561.80M | $439.60M | $391.20M | $392.90M |
| Short Term Debt | $235.00M | $57.00M | $149.00M | $110.00M | $53.00M | $820.00M | $443.70M | $544.40M | $321.20M | $447.80M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $225.00M | $208.00M | $204.00M | $168.00M | $191.20M | $206.90M | $241.30M | $242.00M |
| Other Current Liabilities | $1.28B | $1.60B | $1.40B | $1.35B | $1.23B | $769.00M | $726.60M | $706.10M | $729.60M | $838.10M |
| Total Current Liabilities | $2.06B | $2.27B | $2.44B | $2.30B | $1.75B | $2.03B | $1.73B | $1.69B | $1.44B | $1.68B |
| Long Term Debt | $6.44B | $6.88B | $6.82B | $6.70B | $6.36B | $5.78B | $4.15B | $3.99B | $3.77B | $3.41B |
| Deferred Revenue Non-Current | $- | $- | $50.00M | $38.00M | $59.00M | $48.00M | $12.80M | $21.80M | $21.90M | $31.20M |
| Deferred Tax Liabilities Non-Current | $1.01B | $928.00M | $1.30B | $1.14B | $640.00M | $541.00M | $991.90M | $1.36B | $1.22B | $1.14B |
| Other Non-Current Liabilities | $1.23B | $922.00M | $934.00M | $1.06B | $1.10B | $1.71B | $1.01B | $2.16B | $828.50M | $715.90M |
| Total Non-Current Liabilities | $8.68B | $8.73B | $9.06B | $8.89B | $8.09B | $7.49B | $6.15B | $6.15B | $5.81B | $5.26B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $10.74B | $11.01B | $11.50B | $11.19B | $9.85B | $9.52B | $7.88B | $7.84B | $7.25B | $6.94B |
| Preferred Stock | $- | $167.00M | $162.00M | $213.00M | $- | $- | $- | $- | $- | $- |
| Common Stock | $1.68B | $1.50B | $1.48B | $1.39B | $1.42B | $1.40B | $1.20B | $1.19B | $1.20B | $1.21B |
| Retained Earnings | $2.98B | $3.03B | $4.84B | $4.08B | $2.91B | $2.65B | $2.61B | $2.11B | $1.83B | $1.64B |
| Accumulated Other Comprehensive Income Loss | $-253.00M | $-256.00M | $-380.00M | $-140.00M | $-147.00M | $-217.00M | $-110.40M | $-93.40M | $-154.70M | $-114.60M |
| Other Total Stockholders Equity | $-56.00M | $-55.00M | $-40.00M | $-26.00M | $-49.00M | $-16.00M | $-19.70M | $-38.60M | $-36.90M | $-44.90M |
| Total Stockholders Equity | $4.34B | $4.39B | $6.07B | $5.52B | $4.13B | $3.82B | $3.68B | $3.16B | $2.84B | $2.69B |
| Total Equity | $4.35B | $4.39B | $6.07B | $5.53B | $4.14B | $3.83B | $4.10B | $3.74B | $3.60B | $3.57B |
| Total Liabilities and Stockholders Equity | $15.10B | $15.40B | $17.57B | $16.72B | $13.98B | $13.35B | $11.98B | $11.58B | $10.85B | $10.51B |
| Minority Interest | $9.00M | $8.00M | $8.00M | $9.00M | $9.00M | $10.00M | $418.60M | $577.60M | $750.90M | $880.40M |
| Total Liabilities and Total Equity | $15.10B | $15.40B | $17.57B | $16.72B | $13.98B | $13.35B | $11.98B | $11.58B | $10.85B | $10.51B |
| Total Investments | $- | $348.00M | $695.00M | $512.00M | $294.00M | $285.60M | $190.70M | $192.70M | $133.40M | $70.80M |
| Total Debt | $6.68B | $7.25B | $7.00B | $6.82B | $6.38B | $6.60B | $4.59B | $4.54B | $4.09B | $3.86B |
| Net Debt | $6.46B | $7.01B | $6.59B | $5.96B | $6.04B | $6.15B | $4.14B | $3.98B | $3.58B | $3.49B |
Cash Flow Statement
| Breakdown | September 30, 2024 | September 30, 2023 | September 30, 2022 | September 30, 2021 | September 30, 2020 | September 30, 2019 | September 30, 2018 | September 30, 2017 | September 30, 2016 | September 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $269.00M | $-1.50B | $1.07B | $1.47B | $532.00M | $308.00M | $822.00M | $523.80M | $488.80M | $414.00M |
| Depreciation and Amortization | $551.00M | $532.00M | $518.00M | $502.00M | $484.00M | $448.00M | $455.00M | $416.30M | $400.90M | $374.10M |
| Deferred Income Tax | $- | $-420.00M | $221.00M | $478.00M | $146.00M | $-43.00M | $-69.00M | $110.10M | $77.40M | $13.70M |
| Stock Based Compensation | $8.00M | $17.00M | $15.00M | $21.00M | $15.00M | $18.00M | $23.00M | $19.30M | $23.80M | $29.20M |
| Change in Working Capital | $-24.00M | $269.00M | $-544.00M | $-191.00M | $-96.00M | $94.00M | $-135.00M | $-168.60M | $43.10M | $191.80M |
| Accounts Receivables | $105.00M | $303.00M | $-431.00M | $-233.00M | $-18.00M | $83.00M | $-148.00M | $-103.60M | $37.30M | $163.30M |
| Inventory | $32.00M | $247.00M | $-224.00M | $-231.00M | $-5.00M | $84.00M | $-37.00M | $-64.70M | $29.40M | $181.40M |
| Accounts Payables | $-99.00M | $-291.00M | $85.00M | $366.00M | $3.00M | $-97.00M | $65.00M | $49.90M | $-40.00M | $-134.90M |
| Other Working Capital | $-62.00M | $10.00M | $26.00M | $-93.00M | $-76.00M | $24.00M | $-15.00M | $-50.20M | $16.40M | $-18.00M |
| Other Non Cash Items | $378.00M | $2.21B | $-568.00M | $-796.00M | $21.00M | $253.00M | $-11.00M | $63.50M | $-64.30M | $141.00M |
| Net Cash Provided by Operating Activities | $1.18B | $1.11B | $716.00M | $1.48B | $1.10B | $1.08B | $1.08B | $964.40M | $969.70M | $1.16B |
| Investments in Property Plant and Equipment | $- | $-974.00M | $-804.00M | $-690.00M | $-655.00M | $-705.00M | $-574.00M | $-638.90M | $-563.80M | $-490.60M |
| Acquisitions Net | $1.00M | $-9.00M | $-245.00M | $-423.00M | $-16.00M | $-1.36B | $-187.00M | $-100.80M | $-61.20M | $-447.50M |
| Purchases of Investments | $- | $- | $804.00M | $-65.00M | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $3.00M | $22.00M | $26.00M | $26.00M | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $-796.00M | $-116.00M | $-793.00M | $39.00M | $22.00M | $12.00M | $12.00M | $-29.00M | $66.40M | $-38.20M |
| Net Cash Used for Investing Activities | $-792.00M | $-1.08B | $-1.01B | $-1.11B | $-649.00M | $-2.06B | $-749.00M | $-768.70M | $-558.60M | $-976.30M |
| Debt Repayment | $-176.00M | $166.00M | $280.00M | $216.00M | $96.00M | $1.72B | $32.00M | $255.80M | $59.60M | $211.00M |
| Common Stock Issued | $- | $12.00M | $19.00M | $19.00M | $2.00M | $16.80M | $35.00M | $11.00M | $13.70M | $11.90M |
| Common Stock Repurchased | $- | $-22.00M | $-38.00M | $- | $-38.00M | $-17.00M | $-60.00M | $-43.30M | $-47.60M | $-34.10M |
| Dividends Paid | $-318.00M | $-308.00M | $-296.00M | $-282.00M | $-273.00M | $-199.50M | $-440.00M | $-430.50M | $-418.00M | $-402.40M |
| Other Financing Activities | $-12.00M | $-16.00M | $-16.00M | $445.00M | $-422.00M | $-459.50M | $-267.90M | $-201.20M | $-140.10M | $-252.40M |
| Net Cash Used Provided by Financing Activities | $-506.00M | $-168.00M | $-51.00M | $166.00M | $-635.00M | $1.04B | $-438.00M | $-146.60M | $-275.10M | $-217.10M |
| Effect of Forex Changes on Cash | $4.00M | $9.00M | $-61.00M | $-14.00M | $28.00M | $-16.00M | $-5.00M | $1.20M | $-2.90M | $-20.20M |
| Net Change in Cash | $-112.00M | $-129.00M | $-408.00M | $520.00M | $-154.00M | $49.00M | $-107.00M | $50.30M | $133.10M | $-49.80M |
| Cash at End of Period | $228.00M | $340.00M | $469.00M | $877.00M | $357.00M | $511.00M | $462.00M | $568.70M | $502.80M | $369.70M |
| Cash at Beginning of Period | $340.00M | $469.00M | $877.00M | $357.00M | $511.00M | $462.00M | $569.00M | $518.40M | $369.70M | $419.50M |
| Operating Cash Flow | $1.18B | $1.11B | $716.00M | $1.48B | $1.10B | $1.08B | $1.08B | $964.40M | $969.70M | $1.16B |
| Capital Expenditure | $-796.00M | $-974.00M | $-804.00M | $-690.00M | $-655.00M | $-705.00M | $-574.00M | $-638.90M | $-563.80M | $-490.60M |
| Free Cash Flow | $386.00M | $133.00M | $-88.00M | $791.00M | $447.00M | $373.00M | $511.00M | $325.50M | $405.90M | $673.20M |