UGI Corporation (UGI)
Pretax margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 340,000 | -1,837,000 | 1,386,000 | 1,989,000 | 667,000 |
| Revenue | US$ in thousands | 7,210,000 | 8,928,000 | 10,106,000 | 7,447,000 | 6,559,000 |
| Pretax margin | 4.72% | -20.58% | 13.71% | 26.71% | 10.17% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $340,000K ÷ $7,210,000K
= 4.72%
The pretax margin of UGI Corporation has shown a fluctuating trend over the past five years. In 2024, the pretax margin stood at 4.72%, indicating that for every dollar of revenue generated, the company retained $0.0472 before accounting for taxes. This marked improvement from the negative pretax margin of -20.58% in 2023 suggests a significant turnaround in profitability. The 2022 pretax margin of 13.71% reflects a healthy profitability level, which was a decrease from the higher margin of 26.71% in 2021. The lowest pretax margin in the last five years was recorded in 2020 at 10.17%.
The fluctuation in pretax margin levels indicates varying levels of operational efficiency and cost management within the company over the years. It is important for UGI Corporation to closely monitor and analyze the factors influencing these fluctuations to ensure sustained profitability and financial health.
Peer comparison
Sep 30, 2024