UGI Corporation (UGI)
Gross profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,305,000 | 1,669,000 | 867,000 | 392,000 | -892,000 | -792,000 | 39,000 | 1,111,000 | 2,045,000 | 1,669,000 | 1,973,000 | 1,322,000 | 1,893,000 | 3,037,000 | 2,796,600 | 2,961,100 | 3,331,300 | 3,357,700 | 3,654,800 | 5,289,900 |
| Revenue (ttm) | US$ in thousands | 7,210,000 | 7,372,000 | 7,651,000 | 8,290,000 | 8,928,000 | 9,458,000 | 9,832,000 | 10,192,000 | 10,106,000 | 9,610,000 | 9,073,000 | 8,188,000 | 7,447,000 | 7,133,000 | 6,836,000 | 6,484,000 | 6,559,000 | 6,585,000 | 6,750,000 | 7,127,000 |
| Gross profit margin | 18.10% | 22.64% | 11.33% | 4.73% | -9.99% | -8.37% | 0.40% | 10.90% | 20.24% | 17.37% | 21.75% | 16.15% | 25.42% | 42.58% | 40.91% | 45.67% | 50.79% | 50.99% | 54.15% | 74.22% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,305,000K ÷ $7,210,000K
= 18.10%
The gross profit margin of UGI Corporation has shown volatility over the periods presented. It stood at its lowest point in the December 31, 2019, quarter at -9.99%, indicating that the company's cost of goods sold was almost as high as its revenue for that period. However, the company has since shown improvement in its gross profit margin, reaching 18.10% as of September 30, 2024. This indicates that UGI Corporation has been able to increase its profitability on each dollar of sales over the quarters, although there have been fluctuations in between. Overall, there seems to be a positive trend in the company's ability to generate profits after accounting for the cost of goods sold, as reflected in the increasing gross profit margin over the periods analyzed.
Peer comparison
Sep 30, 2024