UGI Corporation (UGI)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 770,000 | 1,253,000 | 454,000 | -8,000 | -1,444,000 | -1,378,000 | -547,000 | 530,000 | 1,666,000 | 2,149,000 | 2,441,000 | 1,780,000 | 2,350,000 | 1,633,000 | 1,416,000 | 1,107,000 | 982,000 | 814,000 | 649,000 | 826,000 |
| 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 |
| Operating profit margin | 10.68% | 17.00% | 5.93% | -0.10% | -16.17% | -14.57% | -5.56% | 5.20% | 16.49% | 22.36% | 26.90% | 21.74% | 31.56% | 22.89% | 20.71% | 17.07% | 14.97% | 12.36% | 9.61% | 11.59% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $770,000K ÷ $7,210,000K
= 10.68%
The operating profit margin of UGI Corporation has shown some fluctuations over the analyzed periods. The operating profit margin measures the efficiency of the company's core operations in generating profits.
In the most recent period ending September 30, 2024, the operating profit margin stood at 10.68%. This represents a decrease from the previous quarter, where it was 17.00%. Despite the decline, the current margin indicates that UGI has been able to generate approximately 10.68 cents of operating profit for every dollar of revenue.
Looking back at historical data, the operating profit margin was negative in the fourth quarter of 2023 (-0.10%) and the third quarter of 2023 (-16.17%), indicating operational challenges or inefficiencies during those periods. However, the company managed to improve its performance in subsequent quarters, reaching a peak operating profit margin of 31.56% in the third quarter of 2021.
Overall, the trend in UGI Corporation's operating profit margin has been mixed, with periods of high profitability followed by declines and subsequent improvements. Investors and stakeholders should closely monitor the company's operating efficiency and profitability to assess its financial health and sustainability.
Peer comparison
Sep 30, 2024