UGI Corporation (UGI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
500 N GULPH RD KING OF PRUSSIA, PA 19406 |
| State of Incorp. | PA |
| Fiscal Year End | September 30 |
| Industry (SIC) | 4932 - Gas and Other Services Combined (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2024 | 12/31/2023 MRQ | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 204 | 241 | 405 | 855 | 336 | 447 | |||
| Cash and cash equivalents | 204 | 241 | 405 | 855 | 336 | 447 | |||
| Receivables | 1,188 | 914 | 1,255 | 1,008 | 732 | 641 | |||
| Inventory, net of allowances, customer advances and progress billings | 441 | 433 | 665 | 469 | 241 | 230 | |||
| Inventory | 441 | 433 | 665 | 469 | 241 | 230 | |||
| Prepaid expense | 123 | 110 | 135 | 96 | 72 | ||||
| Derivative instruments and hedges, assets | 41 | 75 | 865 | 665 | 44 | 29 | |||
| Regulatory asset | 9 | ||||||||
| Disposal group, including discontinued operation | 13 | 295 | |||||||
| Other current assets | 114 | 120 | 101 | 59 | 60 | ||||
| Other undisclosed current assets | 411 | 132 | 87 | 37 | 35 | 78 | |||
| Total current assets: | 2,285 | 2,045 | 3,802 | 3,270 | 1,543 | 1,566 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 50 | 48 | 49 | ||||||
| Operating lease, right-of-use asset | 420 | 368 | 390 | ||||||
| Property, plant and equipment | 8,601 | 7,046 | 6,656 | 6,486 | 6,393 | 6,688 | |||
| Long-term investments and receivables | 299 | 130 | 174 | ||||||
| Long-term investments | 299 | 130 | 174 | ||||||
| Intangible assets, net (including goodwill) | 3,500 | 3,470 | 4,112 | 4,353 | 4,195 | 4,165 | |||
| Goodwill | 3,070 | 3,027 | 3,612 | 3,770 | 3,518 | 3,456 | |||
| Intangible assets, net (excluding goodwill) | 430 | 443 | 500 | 583 | 677 | 709 | |||
| Derivative instruments and hedges | 15 | 49 | 565 | 338 | 38 | 43 | |||
| Regulated entity, other noncurrent assets | 298 | 302 | 301 | 373 | 395 | 387 | |||
| Other noncurrent assets | 1,017 | 988 | 755 | 831 | 854 | 498 | |||
| Other undisclosed noncurrent assets | 732 | 838 | 459 | 567 | |||||
| Total noncurrent assets: | 13,431 | 13,356 | 13,773 | 13,453 | 12,442 | 11,780 | |||
| TOTAL ASSETS: | 15,716 | 15,401 | 17,575 | 16,723 | 13,985 | 13,347 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 741 | 755 | 1,185 | 1,018 | 701 | 635 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 64 | 63 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 147 | 181 | 162 | 133 | ||
| Accounts payable | 741 | 613 | 891 | 837 | 475 | 439 | |||
| Accrued liabilities | 142 | 147 | |||||||
| Deferred revenue | 232 | 225 | 208 | 204 | 168 | ||||
| Debt | 611 | 706 | 517 | 477 | 400 | 820 | |||
| Derivative instruments and hedges, liabilities | 124 | 60 | 144 | 60 | 64 | 85 | |||
| Disposal group, including discontinued operation | 16 | 19 | |||||||
| Other liabilities | 865 | 505 | 501 | 534 | 386 | 319 | |||
| Other undisclosed current liabilities | (147) | ||||||||
| Total current liabilities: | 2,341 | 2,274 | 2,444 | 2,297 | 1,755 | 2,027 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 6,769 | 6,543 | 6,483 | 6,339 | 5,981 | 5,780 | |||
| Long-term debt, excluding current maturities | 6,543 | 6,483 | 6,339 | 5,981 | 5,780 | ||||
| Finance lease, liability | 45 | 41 | 41 | 41 | |||||
| Other undisclosed long-term debt and lease obligation | 6,769 | (45) | (335) | (359) | (375) | ||||
| Liabilities, other than long-term debt | 2,174 | 2,190 | 2,574 | 2,556 | 2,112 | 1,713 | |||
| Deferred income tax liabilities | 913 | 928 | 1,305 | 1,137 | 640 | 541 | |||
| Other liabilities | 1,212 | 1,235 | 1,219 | 1,381 | 1,413 | 1,123 | |||
| Operating lease, liability | 294 | 318 | 334 | ||||||
| Derivative instruments and hedges, liabilities | 49 | 27 | 50 | 38 | 59 | 48 | |||
| Total noncurrent liabilities: | 8,943 | 8,733 | 9,057 | 8,895 | 8,093 | 7,493 | |||
| Total liabilities: | 11,284 | 11,007 | 11,501 | 11,192 | 9,848 | 9,519 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 4,423 | 4,386 | 6,066 | 5,522 | 4,128 | 3,818 | |||
| Preferred stock | 167 | 167 | 162 | 213 | |||||
| Treasury stock, value | (55) | (55) | (40) | (26) | (49) | (16) | |||
| Accumulated other comprehensive loss | (232) | (256) | (380) | (140) | (147) | (217) | |||
| Retained earnings | 3,042 | 3,027 | 4,841 | 4,081 | 2,908 | 2,653 | |||
| Other undisclosed equity, attributable to parent | 1,501 | 1,503 | 1,483 | 1,394 | 1,416 | 1,397 | |||
| Equity, attributable to noncontrolling interest | 9 | 8 | 8 | 9 | 9 | 10 | |||
| Total equity: | 4,432 | 4,394 | 6,074 | 5,531 | 4,137 | 3,827 | |||
| TOTAL LIABILITIES AND EQUITY: | 15,716 | 15,401 | 17,575 | 16,723 | 13,985 | 13,347 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2024 | 12/31/2023 TTM | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 8,290 | 8,928 | 10,106 | 7,447 | 6,559 | 7,320 | ||
| Cost of revenue | (5,033) | (6,937) | (5,973) | (2,614) | (3,149) | (4,740) | ||
| Cost of goods and services sold | (5,033) | (6,937) | (5,973) | (2,614) | (3,149) | (4,323) | ||
| Gross profit: | 3,257 | 1,991 | 4,133 | 4,833 | 3,410 | 2,580 | ||
| Operating expenses | (2,849) | (3,035) | (2,028) | (2,014) | (1,965) | (1,963) | ||
| Other operating income, net | 122 | 132 | 79 | 33 | 21 | 31 | ||
| Other undisclosed operating loss | (538) | (532) | (518) | (502) | (484) | (31) | ||
| Operating income (loss): | (8) | (1,444) | 1,666 | 2,350 | 982 | 617 | ||
| Nonoperating income (expense) | 8 | (7) | 75 | 12 | (20) | 38 | ||
| Investment income, nonoperating | 7 | |||||||
| Loss, foreign currency transaction, before tax | (23) | |||||||
| Conversion gains and losses on foreign investments | 7 | |||||||
| Net periodic defined benefits expense (reversal of expense), excluding service cost component | 9 | |||||||
| Other nonoperating income (expense) | 8 | (7) | 75 | 12 | (20) | 38 | ||
| Interest and debt expense | (396) | (388) | (340) | (310) | (322) | (258) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (396) | (1,839) | 1,401 | 2,052 | 640 | 398 | ||
| Income (loss) from equity method investments | 2 | 2 | (14) | (63) | 27 | 9 | ||
| Other undisclosed loss from continuing operations before income taxes | (6) | |||||||
| Income (loss) from continuing operations before income taxes: | (394) | (1,837) | 1,387 | 1,989 | 667 | 401 | ||
| Income tax expense (benefit) | (60) | 335 | (313) | (522) | (135) | (93) | ||
| Income (loss) from continuing operations: | (454) | (1,502) | 1,074 | 1,467 | 532 | 308 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 1,074 | 1,467 | 532 | 308 | |
| Net income (loss): | (454) | (1,502) | 1,074 | 1,467 | 532 | 308 | ||
| Net loss attributable to noncontrolling interest | (1) | (52) | ||||||
| Net income (loss) available to common stockholders, diluted: | (454) | (1,502) | 1,073 | 1,467 | 532 | 256 | ||
Comprehensive Income ($ in millions)
| 9/30/2024 | 12/31/2023 TTM | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (454) | (1,502) | 1,074 | 1,467 | 532 | 308 | ||
| Other comprehensive income (loss) | (1) | 124 | (240) | 7 | 70 | (100) | ||
| Comprehensive income (loss): | (455) | (1,378) | 834 | 1,474 | 602 | 208 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (1) | (52) | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (455) | (1,378) | 833 | 1,474 | 602 | 157 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.