UGI Corporation (UGI) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
460 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)Annual | Quarterly
| 9/30/2022 | 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 405 | 334 | 855 | 336 | 447 | 453 | 558 | ||
| Cash and cash equivalents | 405 | 334 | 855 | 336 | 447 | 453 | 558 | ||
| Restricted cash and investments | 10 | 10 | |||||||
| Receivables | 1,255 | 1,589 | 1,008 | 732 | 641 | 752 | 627 | ||
| Inventory, net of allowances, customer advances and progress billings | 665 | 548 | 469 | 241 | 230 | 318 | 279 | ||
| Inventory | 665 | 548 | 469 | 241 | 230 | 318 | 279 | ||
| Prepaid expense | 110 | 135 | 96 | 72 | 130 | ||||
| Derivative instruments and hedges, assets | 865 | 578 | 665 | 44 | 29 | 143 | 63 | ||
| Regulatory current assets | 9 | 8 | 8 | ||||||
| Disposal group, including discontinued operation | 295 | ||||||||
| Other current assets | 120 | 101 | 59 | 60 | 62 | ||||
| Other undisclosed current assets | 87 | 382 | 37 | 35 | 78 | 14 | 152 | ||
| Total current assets: | 3,802 | 3,431 | 3,270 | 1,543 | 1,566 | 1,888 | 1,698 | ||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset | 48 | 49 | ✕ | ✕ | |||||
| Operating lease, right-of-use asset | 368 | 390 | ✕ | ✕ | |||||
| Property, plant and equipment | 6,656 | 7,597 | 6,486 | 6,393 | 6,688 | 5,808 | 5,537 | ||
| Long-term investments and receivables | 130 | 174 | |||||||
| Long-term investments | 130 | 174 | |||||||
| Intangible assets, net (including goodwill) | 4,112 | 4,313 | 4,353 | 4,195 | 4,165 | 3,674 | 3,719 | ||
| Goodwill | 3,612 | 3,748 | 3,770 | 3,518 | 3,456 | 3,160 | 3,107 | ||
| Intangible assets, net (excluding goodwill) | 500 | 565 | 583 | 677 | 709 | 514 | 612 | ||
| Derivative instruments and hedges | 565 | 257 | 338 | 38 | 43 | 44 | 9 | ||
| Regulated entity, other noncurrent assets | 301 | 372 | 373 | 395 | 387 | 294 | 361 | ||
| Other noncurrent assets | 755 | 830 | 831 | 854 | 498 | 274 | 259 | ||
| Other undisclosed noncurrent assets | 838 | 459 | 567 | ||||||
| Total noncurrent assets: | 13,773 | 13,369 | 13,453 | 12,442 | 11,780 | 10,093 | 9,885 | ||
| TOTAL ASSETS: | 17,575 | 16,800 | 16,723 | 13,985 | 13,347 | 11,981 | 11,582 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,185 | 973 | 1,018 | 701 | 635 | 755 | 625 | ||
| Accounts payable | 891 | 973 | 837 | 475 | 439 | 562 | 440 | ||
| Accrued liabilities | 147 | ||||||||
| Employee-related liabilities | 147 | 181 | 162 | 133 | 132 | 125 | |||
| Interest and dividends payable | 64 | 63 | 61 | 61 | |||||
| Deferred revenue | 225 | 208 | 204 | 168 | ✕ | ✕ | |||
| Debt | 517 | 702 | 477 | 400 | 820 | 444 | 544 | ||
| Derivative instruments and hedges, liabilities | 144 | 53 | 60 | 64 | 85 | 12 | 25 | ||
| Disposal group, including discontinued operation | 19 | ||||||||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | ✕ | 191 | 207 | ||
| Other liabilities | 501 | 853 | 534 | 386 | 319 | 331 | 289 | ||
| Other undisclosed current liabilities | (147) | ||||||||
| Total current liabilities: | 2,444 | 2,581 | 2,297 | 1,755 | 2,027 | 1,732 | 1,690 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 6,483 | 6,416 | 6,339 | 5,981 | 5,780 | 4,147 | 3,995 | ||
| Long-term debt, excluding current maturities | 6,483 | 6,339 | 5,981 | 5,780 | 4,147 | 3,995 | |||
| Finance lease, liability | 41 | 41 | 41 | ✕ | ✕ | ||||
| Operating lease, liability | 294 | 318 | 334 | ✕ | ✕ | ||||
| Other undisclosed long-term debt and lease obligation | (335) | 6,416 | (359) | (375) | |||||
| Liabilities, other than long-term debt | 2,574 | 2,444 | 2,556 | 2,112 | 1,713 | 1,013 | 800 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 3 | 3 | ||
| Deferred income tax liabilities | 1,305 | 1,060 | 1,137 | 640 | 541 | ✕ | ✕ | ||
| Other liabilities | 1,219 | 1,351 | 1,381 | 1,413 | 1,123 | 998 | 775 | ||
| Derivative instruments and hedges, liabilities | 50 | 33 | 38 | 59 | 48 | 13 | 22 | ||
| Other undisclosed noncurrent liabilities | 989 | 1,357 | |||||||
| Total noncurrent liabilities: | 9,057 | 8,860 | 8,895 | 8,093 | 7,493 | 6,149 | 6,151 | ||
| Total liabilities: | 11,501 | 11,441 | 11,192 | 9,848 | 9,519 | 7,881 | 7,841 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 6,066 | 5,349 | 5,522 | 4,128 | 3,818 | 3,681 | 3,163 | ||
| Preferred stock | 162 | 214 | 213 | ||||||
| Treasury stock, value | (40) | (19) | (26) | (49) | (16) | (20) | (39) | ||
| Accumulated other comprehensive loss | (380) | (156) | (140) | (147) | (217) | (110) | (93) | ||
| Retained earnings | 4,841 | 3,908 | 4,081 | 2,908 | 2,653 | 2,611 | 2,107 | ||
| Other undisclosed stockholders' equity attributable to parent | 1,483 | 1,402 | 1,394 | 1,416 | 1,397 | 1,201 | 1,189 | ||
| Stockholders' equity attributable to noncontrolling interest | 8 | 10 | 9 | 9 | 10 | 419 | 578 | ||
| Total stockholders' equity: | 6,074 | 5,359 | 5,531 | 4,137 | 3,827 | 4,100 | 3,741 | ||
| TOTAL LIABILITIES AND EQUITY: | 17,575 | 16,800 | 16,723 | 13,985 | 13,347 | 11,981 | 11,582 | ||
Income Statement (P&L) ($ in millions) Annual | Quarterly
| 9/30/2022 | 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 10,106 | 8,188 | 7,447 | 6,559 | 7,320 | 7,651 | 6,121 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 7,651 | 6,121 | |
| Cost of revenue | (5,973) | (3,901) | (2,614) | (3,149) | (4,740) | (4,574) | (3,259) | |
| Cost of goods and services sold | (5,973) | (3,901) | (2,614) | (3,149) | (4,323) | |||
| Gross profit: | 4,133 | 4,287 | 4,833 | 3,410 | 2,580 | 3,078 | 2,862 | |
| Operating expenses | (2,028) | (2,039) | (2,014) | (1,965) | (1,963) | (2,013) | (1,858) | |
| Other operating income, net | 79 | 39 | 33 | 21 | 31 | 31 | 11 | |
| Other undisclosed operating loss | (518) | (507) | (502) | (484) | (31) | (31) | (11) | |
| Operating income: | 1,666 | 1,780 | 2,350 | 982 | 617 | 1,064 | 1,004 | |
| Nonoperating income (expense) | 75 | 29 | 12 | (20) | 38 | 16 | (24) | |
| Foreign currency transaction gain (loss), before tax | 16 | (24) | ||||||
| Other nonoperating income (expense) | 75 | 29 | 12 | (20) | 38 | |||
| Interest and debt expense | (340) | (324) | (310) | (322) | (258) | (230) | (224) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 12 | |||||||
| Income from continuing operations before equity method investments, income taxes: | 1,401 | 1,497 | 2,052 | 640 | 398 | 850 | 757 | |
| Income (loss) from equity method investments | (14) | (62) | (63) | 27 | 9 | 4 | 4 | |
| Other undisclosed loss from continuing operations before income taxes | (6) | (60) | ||||||
| Income from continuing operations before income taxes: | 1,387 | 1,435 | 1,989 | 667 | 401 | 855 | 701 | |
| Income tax expense | (313) | (367) | (522) | (135) | (93) | (32) | (178) | |
| Net income: | 1,074 | 1,068 | 1,467 | 532 | 308 | 822 | 524 | |
| Net loss attributable to noncontrolling interest | (1) | (1) | (52) | (104) | (87) | |||
| Net income available to common stockholders, diluted: | 1,073 | 1,067 | 1,467 | 532 | 256 | 719 | 437 | |
Comprehensive Income ($ in millions)Annual | Quarterly
| 9/30/2022 | 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 1,074 | 1,068 | 1,467 | 532 | 308 | 822 | 524 | |
| Other comprehensive income (loss) | (240) | (77) | 7 | 70 | (100) | (17) | 61 | |
| Comprehensive income: | 834 | 991 | 1,474 | 602 | 208 | 805 | 585 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (1) | (1) | (52) | (104) | (87) | |||
| Comprehensive income, net of tax, attributable to parent: | 833 | 990 | 1,474 | 602 | 157 | 702 | 498 | |
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.