UGI Corporation (UGI)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 4.73% | -9.99% | -8.37% | 0.40% | 10.90% | 20.24% | 17.37% | 21.75% | 16.15% | 25.42% | 42.58% | 40.91% | 45.67% | 50.79% | 50.99% | 54.15% | 74.22% | 88.73% | 88.91% | 98.76% |
| Operating profit margin | -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% | 8.43% | 10.28% | 10.45% |
| Pretax margin | -4.75% | -20.58% | -18.21% | -9.10% | 2.02% | 13.71% | 19.16% | 22.90% | 17.51% | 26.71% | 17.45% | 16.28% | 12.20% | 10.17% | 9.31% | 7.59% | 7.71% | 4.77% | 6.15% | 6.98% |
| 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% |
UGI Corp.'s profitability ratios have shown some volatility over the past few quarters. The gross profit margin has fluctuated, with a significant decrease in Q4 2023 compared to Q1 2024. This suggests varying levels of efficiency in generating revenue after accounting for the cost of goods sold.
The operating profit margin has also been inconsistent, ranging from negative to positive values. The negative margins in Q4 2023 and Q3 2023 indicate operational challenges during those periods. However, the positive margins in Q1 2023 and Q4 2022 show the company's ability to generate profits from core operations.
The pretax margin has followed a similar pattern of fluctuation, with negative values in the recent quarters. This indicates challenges in managing expenses and generating profits before accounting for taxes.
Similarly, the net profit margin has been negative in the recent quarters, reflecting difficulties in achieving profitability after considering all expenses and taxes. The positive margins in Q4 2022 and Q3 2022 suggest better performance during those periods.
Overall, UGI Corp. needs to focus on improving its operational efficiency and cost management to stabilize its profitability ratios and enhance its overall financial performance.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -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% | 4.62% | 6.37% | 6.36% |
| Return on assets (ROA) | -2.89% | -9.75% | -9.11% | -3.69% | 1.26% | 6.11% | 7.91% | 8.50% | 6.35% | 8.77% | 6.34% | 5.93% | 4.23% | 3.80% | 3.40% | 2.72% | 2.83% | 1.92% | 2.77% | 3.13% |
| Return on total capital | -0.06% | -13.34% | -12.28% | -4.53% | 4.57% | 13.67% | 17.33% | 18.77% | 14.64% | 19.38% | 14.13% | 13.11% | 10.53% | 9.78% | 9.22% | 8.19% | 8.40% | 6.32% | 7.97% | 7.61% |
| Return on equity (ROE) | -10.26% | -34.25% | -31.83% | -11.66% | 4.17% | 17.69% | 22.58% | 24.37% | 19.95% | 26.57% | 18.66% | 18.39% | 14.04% | 12.89% | 11.42% | 9.41% | 10.11% | 6.71% | 8.70% | 10.04% |
UGI Corp.'s profitability ratios exhibit significant fluctuations over the past eight quarters. The company's Operating ROA fluctuated between -4.54% and 13.44%, with Q1 2024 showing a positive trend at 3.56%. However, the ROA remained negative for most quarters except Q1 2023 and Q4 2022. The Return on Total Capital varied between -5.99% and 17.64%, with Q4 2022 and Q3 2022 demonstrating the highest returns.
The ROE was also volatile, ranging from -34.25% to 24.37%. Negative values dominated the past quarters, except for Q4 2022 and Q3 2022. These fluctuations suggest that UGI Corp. has faced challenges in generating consistent profits and efficiently utilizing its assets and capital. Further analysis and evaluation of the company's operational and financial performance are recommended to identify the underlying reasons for these variations and to devise strategies for improvement.