UGI Corporation (UGI)
Net profit margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -454,000 | -1,502,000 | -1,389,000 | -607,000 | 216,000 | 1,073,000 | 1,354,000 | 1,511,000 | 1,067,000 | 1,467,000 | 951,000 | 886,000 | 623,000 | 532,000 | 471,000 | 384,000 | 404,000 | 256,000 | 332,400 | 386,800 |
| Revenue (ttm) | US$ in thousands | 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 | 7,320,000 | 7,443,100 | 7,520,000 |
| Net profit margin | -5.48% | -16.82% | -14.69% | -6.17% | 2.12% | 10.62% | 14.09% | 16.65% | 13.03% | 19.70% | 13.33% | 12.96% | 9.61% | 8.11% | 7.15% | 5.69% | 5.67% | 3.50% | 4.47% | 5.14% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-454,000K ÷ $8,290,000K
= -5.48%
To analyze UGI Corp.'s net profit margin, we observe a fluctuating trend over the past eight quarters. In Q1 2024, the net profit margin was negative at -5.48%, indicating the company experienced a loss relative to its revenue. This follows a similar pattern in Q4 2023 and Q3 2023, where net profit margins were -16.82% and -14.69%, respectively, reflecting consecutive periods of net losses.
In contrast, before this period of losses, UGI Corp. had shown a positive net profit margin, with Q4 2022, Q3 2022, and Q2 2022 recording margins of 10.62%, 14.09%, and 16.65%, respectively. These positive margins suggest that in those quarters, the company was able to generate profit relative to its revenue.
Overall, the net profit margin of UGI Corp. has been subject to significant fluctuations, with some quarters exhibiting profitability and others showing losses. Further examination of the company's financial performance and operational efficiency would be necessary to understand the factors driving these variations in net profit margin.
Peer comparison
Dec 31, 2023