UGI Corporation (UGI)
Return on assets (ROA)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 269,000 | -1,502,000 | 1,073,000 | 1,467,000 | 532,000 |
| Total assets | US$ in thousands | 15,098,000 | 15,401,000 | 17,575,000 | 16,723,000 | 13,985,000 |
| ROA | 1.78% | -9.75% | 6.11% | 8.77% | 3.80% |
September 30, 2024 calculation
ROA = Net income ÷ Total assets
= $269,000K ÷ $15,098,000K
= 1.78%
UGI Corporation's return on assets (ROA) has varied over the past five years, ranging from a low of -9.75% in September 2023 to a high of 8.77% in September 2021. The ROA was positive in all years except for 2023 when it was negative, indicating a period of underperformance. The ROA improved significantly in 2021, showing strong asset utilization and efficiency. In 2024, the ROA decreased to 1.78%, suggesting a potential decline in profitability relative to the previous year. Overall, UGI Corporation's ROA has shown fluctuations, with management possibly needing to focus on optimizing asset management to sustain or improve profitability in the future.
Peer comparison
Sep 30, 2024