| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 2.1K | 3.9% |
| Total Income | 2.1K | 3.9% |
| Expenditure | 1.6K | 7.3% |
| PBT | 351.00 | 15.8% |
| Net Profit | 297.00 | 20.8% |
| OPM | 21.98% | 2.51pp |
| NPM | 14.38% | 4.48pp |
| EPS | 1.38 | 20.7% |
UGI Reports Q1 FY26: Segment EBIT Up 5% YoY to $441 Million
04 May 2026 · 4 May, 1:29 am
Summary
UGI Corporation reported a solid start to fiscal 2026 with a 5% growth in total reportable segment EBIT. The natural gas businesses produced strong results, driven by strong gas demand and the impact of the gas base rate case at the Pennsylvania utility. Across the Global LPG businesses, the company capitalized on favorable weather in certain U.S. regions and more than offset the impact of the divestitures through operational improvements, effective margin management and disciplined cost control. The company continues to make meaningful progress on business processes, safety, and cultural transformation.
Key Highlights
- 1
UGI reported a solid start to fiscal 2026, delivering 5% growth in total reportable segment EBIT.
- 2
Q1 GAAP diluted earnings per share was $1.34, compared to $1.74 in the prior-year period.
- 3
Q1 adjusted diluted EPS was $1.26, compared to $1.37 in the prior-year period.
- 4
Q1 reportable segments EBIT reached $441 million compared to $420 million in the prior-year period.
- 5
UGI International has entered into agreements to divest of its LPG operations in 7 countries, which will generate approximately $215 million in cash proceeds.
- 6
Moody’s upgraded AmeriGas’ rating from negative to positive "outlook" in January 2026.
- 7
Gas base rate cases were filed for UGI Utilities and Mountaineer Gas, requesting overall distribution rate increases of $99 million and $27 million, respectively.
Management Comments
Bob Flexon
"UGI had a solid start to fiscal 2026, delivering 5% growth in total reportable segment EBIT in line with our expectation. Our natural gas businesses produced strong results, driven by strong gas demand and the impact of the gas base rate case at our Pennsylvania utility. Across our Global LPG businesses, we capitalized on favorable weather in certain U.S. regions and more than offset the impact of the divestitures through operational improvements, effective margin management and disciplined cost control. "Importantly, we continue to make meaningful progress on our business processes, safety, and cultural transformation, the foundational work that positions UGI to unlock incremental intrinsic value. As we look to the year ahead, we remain focused on operational excellence, disciplined capital deployment, and executing our long-term growth strategy to drive continued shareholder value."
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