UGI Corporation (UGI)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 269,000 | 673,000 | -68,000 | -454,000 | -1,502,000 | -1,389,000 | -607,000 | 216,000 | 1,073,000 | 1,354,000 | 1,511,000 | 1,067,000 | 1,467,000 | 951,000 | 886,000 | 623,000 | 532,000 | 471,000 | 384,000 | 404,000 |
| 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 |
| ROA | 1.78% | 4.47% | -0.44% | -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% |
September 30, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $269,000K ÷ $15,098,000K
= 1.78%
The return on assets (ROA) for UGI Corporation has shown variability over the past several quarters. The ROA was positive in recent quarters, with a peak at 8.77% in September 2021 and a subsequent decrease to 1.78% in September 2024.
The ROA experienced significant fluctuations, with negative results in some periods, such as -9.75% in September 2023 and -2.89% in December 2023. The company managed to improve its ROA significantly from negative levels in 2023 to positive levels in 2024 but experienced a decline in the most recent quarter.
Overall, UGI Corporation's ROA has been mixed, indicating varying levels of efficiency in generating profits from its assets over the analyzed periods. Further analysis and monitoring of the company's operational performance and asset utilization may be needed to understand the factors driving these fluctuations in ROA.
Peer comparison
Sep 30, 2024