UGI Corporation (UGI)

Pretax margin

Sep 30, 2023 Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019
Earnings before tax but after interest (EBT) US$ in thousands -1,837,000 1,386,000 1,989,000 667,000 349,000
Revenue US$ in thousands 8,928,000 10,106,000 7,447,000 6,559,000 7,320,000
Pretax margin -20.58% 13.71% 26.71% 10.17% 4.77%

September 30, 2023 calculation

Pretax margin = EBT ÷ Revenue
= $-1,837,000K ÷ $8,928,000K
= -20.58%

The pretax margin of UGI Corp. has fluctuated significantly over the past five years. In 2023, the pretax margin dropped to -20.58% from 13.72% in 2022. This decline indicates a decrease in the company's ability to generate profits before accounting for taxes and other expenses. The substantial decrease may raise concerns about the company's cost management, revenue generation, or both. It is important for stakeholders to closely examine the company's financial and operational performance to understand the factors driving this negative trend and to assess the company's ability to improve its profitability in the future.


Peer comparison

Sep 30, 2023

Company name
Symbol
Pretax margin
UGI Corporation
UGI
-20.58%
Sempra Energy
SRE
21.32%