UGI Corporation (UGI)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 15,098,000 | 15,066,000 | 15,624,000 | 15,716,000 | 15,401,000 | 15,243,000 | 16,429,000 | 17,128,000 | 17,575,000 | 17,111,000 | 17,777,000 | 16,800,000 | 16,723,000 | 15,006,000 | 14,945,000 | 14,725,000 | 13,985,000 | 13,843,000 | 14,136,000 | 14,286,000 |
| Operating ROA | 5.10% | 8.32% | 2.91% | -0.05% | -9.38% | -9.04% | -3.33% | 3.09% | 9.48% | 12.56% | 13.73% | 10.60% | 14.05% | 10.88% | 9.47% | 7.52% | 7.02% | 5.88% | 4.59% | 5.78% |
September 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $770,000K ÷ $15,098,000K
= 5.10%
Operating Return on Assets (ROA) is a key financial ratio that measures a company's ability to generate profit from its operational assets. It indicates how efficiently a company is utilizing its assets to generate operating income.
Looking at the trend of UGI Corporation's Operating ROA over the past several quarters, we can observe fluctuations in the ratio. The performance varied between positive and negative values during the period.
In the most recent quarter, UGI Corporation's Operating ROA stood at 5.10%, suggesting that the company generated a return of 5.10% on its operational assets. This is an improvement compared to the previous quarter's Operating ROA of 8.32%.
However, when we compare the current Operating ROA to earlier periods, we see that UGI Corporation faced challenges in generating a positive return on its assets in the last few quarters, with negative values recorded in some instances.
It is noteworthy that UGI Corporation experienced a significant improvement in Operating ROA from the lows observed in the previous year to the current levels. The company's Operating ROA peaked at 13.73% in March 2022, indicating a strong operational performance at that time.
Overall, while there have been fluctuations in UGI Corporation's Operating ROA over the analyzed period, the recent increase in the ratio suggests a relatively improved efficiency in generating operating income from its assets. Further monitoring of this ratio will be necessary to assess the company's ongoing performance.
Peer comparison
Sep 30, 2024