NYSE$UGI

UGI Corp · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

UGI Corporation reported its financial results for the fiscal quarter ended December 31, 2024, showing an increase in GAAP diluted EPS and total revenues.

UGI Corporation reported strong fiscal first quarter results with a 14% increase in adjusted diluted EPS, driven by disciplined execution in natural gas and international propane businesses, strong gas demand, higher gas rates, and reduced operating expenses.

  • Q1 GAAP diluted EPS was $1.74, a significant increase from $0.44 in the prior-year period.
  • Adjusted diluted EPS increased to $1.37, up from $1.20 in the prior-year period.
  • Total reportable segments earnings before interest expense and income taxes (EBIT) were $420 million.
  • Available liquidity stood at approximately $1.5 billion as of December 31, 2024.

Headline financials

Total Revenue

$2.03B

Previous: $2.12B-4.3%
EPS (adj)

$1.37

Previous: $0.44+211.4%
Utility Throughput Core

31.0B

Previous: 30.0B+3.3%
Utility Throughput Total

98.0B

Previous: 104.0B-5.8%
Utility HDD vs Normal

-3.2%

Previous: -11.0%+70.9%
Utility CapEx

$106M

Previous: $82M+29.3%
Midstream HDD vs Normal

-3.9%

Previous: -6.8%+42.6%
Midstream CapEx

$32M

Previous: $19M+68.4%
UGI Intl LPG Gallons

218.0M

Previous: 214.0M+1.9%
AmeriGas Gallons

204.0M

Previous: 206.0M-1.0%
AmeriGas HDD vs Normal

-6.3%

Previous: -6.4%+1.6%
AmeriGas CapEx

$23M

Previous: $20M+15.0%
Capital Expenditures

-$211M

Previous: -$156M-35.3%
Net Income

$375M

Previous: $94M+298.9%
Operating Income

$519M

Previous: $232M+123.7%

Revenue & EPS history

UGI · Revenue · Quarterly

$2.03B

Q1 2025-4.3%vs Q1 2024
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Forward guidance

UGI Corporation is focused on strengthening its foundation through renewed focus on people and culture, driving operational improvements, disciplined capital allocation, strategic portfolio optimization, and strong balance sheet management to deliver consistent growth and greater value for shareholders.

Tailwinds

  • Strengthening foundation through renewed focus on people and culture.
  • Driving operational improvements, particularly at AmeriGas Propane.
  • Disciplined capital allocation.
  • Strategic portfolio optimization.
  • Strong balance sheet management to deliver consistent growth and greater value.

Headwinds

  • AmeriGas Propane must significantly enhance its business processes.
  • AmeriGas Propane must significantly enhance its commercial practices.
  • AmeriGas Propane must significantly enhance its service quality.
  • No specific negative forward guidance was provided beyond areas for improvement.
  • The company did not provide specific financial guidance for future periods in this report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-0.7%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+1.0%

Avg return

30 days after

44%

30 / 68 earnings

Positive

+17.2%

Q4 2024

Best reaction

-11.0%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-7.8%+2.9%+7.9%
Q1 2026-2.0%+0.8%-2.9%
Q4 2025+9.9%+11.2%+8.5%
Q2 2025+4.1%+3.2%+5.8%
Q1 2025+2.0%+2.4%+5.2%
Q4 2024+17.2%+23.3%+12.2%
Q3 2024-3.5%-3.7%-1.3%
Q2 2024-5.2%-4.7%-0.4%
Q1 2024+11.7%+6.1%+9.5%
Q4 2023+2.3%-0.1%+3.5%
Q3 2023-4.3%-8.0%-4.6%
Q2 2023-9.1%-7.9%-14.1%
Q1 2023+7.0%+0.8%-5.6%
Q4 2022+4.5%+9.5%-0.6%
Q3 2022-4.6%-6.9%-9.1%
Q2 2022+4.5%+5.9%+21.7%
Q1 2022-5.0%-10.9%-20.7%
Q4 2021-3.0%-1.3%-0.8%
Q3 2021+0.9%+1.4%+0.7%
Q2 2021+1.6%+4.5%+5.3%
Q1 2021+2.1%+3.3%+12.9%
Q4 2020-0.6%+0.8%-2.0%
Q3 2020+1.2%+4.3%+5.2%
Q2 2020-4.7%+2.9%+20.9%
Q1 2020+3.8%+1.0%-11.1%
Q4 2019-11.0%-6.6%-4.7%
Q3 2019-6.8%-6.9%-6.1%
Q2 2019-1.4%+0.5%-2.8%
Q1 2019-7.8%-6.1%-3.7%
Q4 2018+3.4%+1.6%+4.3%
Q3 2018-1.3%+0.6%+1.7%
Q2 2018+0.8%+0.3%+4.5%
Q1 2018+0.7%-2.1%-6.1%
Q4 2017-0.1%+0.6%+3.3%
Q3 2017-5.4%-5.7%-3.4%
Q2 2017-2.9%-1.3%+2.0%
Q1 2017+1.0%+0.5%+4.2%
Q4 2016-8.0%-2.8%-1.4%
Q3 2016+1.8%+1.6%+0.5%
Q2 2016-0.9%
Q1 2016+0.7%
Q4 2015-1.6%
Q3 2015-3.9%
Q2 2015-2.0%
Q1 2015-4.3%
Q4 2014-3.4%
Q3 2014-1.7%
Q2 2014+0.8%
Q1 2014-4.1%
Q4 2013-1.0%
Q3 2013+0.3%
Q2 2013-1.2%
Q1 2013+2.4%
Q4 2012+0.4%
Q3 2012-2.2%
Q2 2012+0.2%
Q1 2012-0.5%
Q4 2011-3.0%
Q3 2011-8.1%
Q2 2011+1.5%
Q1 2010+0.3%
Q1 2011+0.0%
Q4 2010-0.2%
Q2 2010-0.2%
Q4 2008-0.2%
Q3 2010+0.6%
Q3 2009+0.6%
Q4 2009+0.6%

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