UGI Corporation (UGI)
Gross profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,294,000 | -892,000 | 2,045,000 | 2,740,000 | 1,411,000 |
| Revenue | US$ in thousands | 7,210,000 | 8,928,000 | 10,106,000 | 7,447,000 | 6,559,000 |
| Gross profit margin | 17.95% | -9.99% | 20.24% | 36.79% | 21.51% |
September 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,294,000K ÷ $7,210,000K
= 17.95%
The gross profit margin for UGI Corporation has exhibited varying trends over the past five years. In 2024, the gross profit margin stood at 17.95%, indicating that for every dollar of revenue generated, the company retained approximately $0.18 as gross profit. This represents an improvement compared to the previous year's gross profit margin of -9.99%, which suggests that the company was experiencing challenges in effectively managing its production costs relative to its revenue.
The gross profit margin of 20.24% in 2022 was higher than in 2024, demonstrating an ability to generate more gross profit for each dollar of revenue during that period. Additionally, the gross profit margin in 2022 was significantly higher compared to the years 2021 and 2020, indicating better control over production costs and potentially higher pricing power.
It is worth noting that the gross profit margin of 36.79% in 2021 was the highest among the years presented, pointing to a strong performance in managing production costs and maximizing profitability during that period. The subsequent drop in 2022 and the significant decline in 2023 suggest challenges or changes in the company's operations or cost structure during those years.
Overall, UGI Corporation's gross profit margin has displayed fluctuations over the past five years, indicating varying levels of efficiency in managing production costs relative to revenue generation. Further analysis of the company's cost structure and operational performance may provide insights into the factors influencing these fluctuations in the gross profit margin.
Peer comparison
Sep 30, 2024