UGI Corporation (UGI)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 4,345,000 | 4,681,000 | 4,822,000 | 4,423,000 | 4,386,000 | 4,364,000 | 5,205,000 | 5,180,000 | 6,066,000 | 5,996,000 | 6,200,000 | 5,349,000 | 5,522,000 | 5,097,000 | 4,819,000 | 4,437,000 | 4,128,000 | 4,126,000 | 4,081,000 | 3,996,000 |
| ROE | 6.19% | 14.38% | -1.41% | -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% |
September 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $269,000K ÷ $4,345,000K
= 6.19%
The return on equity (ROE) of UGI Corporation has experienced fluctuations over the past several quarters. ROE is a financial ratio that reflects the company's profitability in relation to shareholders' equity.
The ROE for UGI Corporation ranged from -34.25% in September 2023 to a high of 26.57% in March 2022. The negative ROE figures in September 2023 and December 2023 may indicate challenges or losses faced by the company during those periods.
Overall, the trend in ROE appears to have improved since the negative values in 2023, with positive ROE figures observed in the recent quarters. The ROE has gradually increased to 6.19% in September 2024, following the recovery from the negative values earlier in the sample period.
UGI Corporation's ROE can be analyzed further by examining the components that drive this ratio, such as net income, total equity, and financial leverage. It is important for stakeholders to continue monitoring the company's ROE to assess its profitability and efficiency in utilizing shareholders' equity.
Peer comparison
Sep 30, 2024