UGI Corporation (UGI)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 770,000 | 1,271,000 | 465,000 | -7,000 | -1,458,000 | -1,357,000 | -544,000 | 546,000 | 1,715,000 | 2,163,000 | 2,395,000 | 1,747,000 | 2,299,000 | 1,553,000 | 1,424,000 | 1,107,000 | 989,000 | 936,500 | 815,800 | 831,400 |
| Long-term debt | US$ in thousands | 6,443,000 | 6,633,000 | 6,826,000 | 6,866,000 | 6,543,000 | 6,682,000 | 6,805,000 | 6,759,000 | 6,483,000 | 6,483,000 | 6,559,000 | 6,580,000 | 6,339,000 | 5,890,000 | 6,046,000 | 6,078,000 | 5,981,000 | 6,036,000 | 5,879,000 | 5,906,000 |
| 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 |
| Return on total capital | 7.14% | 11.23% | 3.99% | -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% |
September 30, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $770,000K ÷ ($6,443,000K + $4,345,000K)
= 7.14%
The return on total capital for UGI Corporation has shown significant fluctuations over the past few quarters. The return on total capital was positive and relatively strong in the most recent quarter at 7.14%, indicating that the company generated a satisfactory return on the total capital invested.
However, it is important to note that the return on total capital has been volatile in previous quarters, ranging from as low as -13.34% to as high as 19.38%. This indicates that the company's performance in utilizing its total capital has been inconsistent.
Overall, UGI Corporation's return on total capital has displayed variability, which could be influenced by various factors such as changes in profitability, capital structure, and overall efficiency in utilizing capital resources. Monitoring and analyzing these fluctuations will be crucial for assessing the company's long-term financial performance and stability.
Peer comparison
Sep 30, 2024