UGI Corporation (UGI)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 4,345,000 | 4,386,000 | 6,066,000 | 5,522,000 | 4,128,000 |
| ROE | 6.19% | -34.25% | 17.69% | 26.57% | 12.89% |
September 30, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $269,000K ÷ $4,345,000K
= 6.19%
The return on equity (ROE) of UGI Corporation has shown variability over the past five years.
In Sep 2024, the ROE stood at 6.19%, indicating that for every dollar of shareholders' equity, the company generated a profit of 6.19 cents. This represents a modest return compared to the previous year.
The ROE was particularly weak in Sep 2023, at -34.25%, which suggests that the company incurred a significant loss relative to its equity base. This negative ROE may indicate operational challenges or extraordinary events that impacted profitability during that period.
In Sep 2022, the ROE rebounded to 17.69%, signaling a strong recovery and improved profitability compared to the previous year. This increase may have been driven by operational efficiencies, cost management, or revenue growth initiatives.
The highest ROE in the provided data set was recorded in Sep 2021 at 26.57%, indicating that the company was able to generate substantial returns for its shareholders relative to equity during that period. This may have been fueled by successful business strategies, growth opportunities, or overall positive market conditions.
Lastly, in Sep 2020, the ROE was 12.89%, showing a moderate return on equity compared to the previous years. This may reflect a stable performance and profitability level for the company during that year.
Overall, UGI Corporation's ROE has displayed fluctuations, with both positive and negative trends observed over the five-year period. It is important for stakeholders to further investigate the drivers behind the changes in ROE to assess the company's financial health and performance accurately.
Peer comparison
Sep 30, 2024