UGI Corporation (UGI)

Gross profit margin

Sep 30, 2023 Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019
Gross profit US$ in thousands -892,000 2,045,000 2,740,000 1,411,000 2,920,100
Revenue US$ in thousands 8,928,000 10,106,000 7,447,000 6,559,000 7,320,000
Gross profit margin -9.99% 20.24% 36.79% 21.51% 39.89%

September 30, 2023 calculation

Gross profit margin = Gross profit ÷ Revenue
= $-892,000K ÷ $8,928,000K
= -9.99%

The gross profit margin of UGI Corp. has shown a declining trend over the past five years, from 40.94% in 2019 to 22.30% in 2023. This indicates that the company's ability to generate profit from its core operations has weakened over this period.

The significant drop in gross profit margin from 64.90% in 2021 to 22.30% in 2023 is particularly noteworthy. This may suggest potential challenges in managing production costs, pricing strategy, or competitive pressures impacting the company's profitability. It is important for UGI Corp. to closely evaluate the reasons behind this substantial decline in gross profit margin and consider implementing strategies to address the underlying issues.


Peer comparison

Sep 30, 2023

Company name
Symbol
Gross profit margin
UGI Corporation
UGI
-9.99%
Sempra Energy
SRE
81.32%