Ugi (UGI) Gross Margin (2009 - 2026)
Ugi (UGI) recorded quarterly Gross Margin of 55.79% in Q1 2026, up 8.51% on a QoQ basis from 51.42% in Q4 2025, and up 459.0% year-over-year from 9.98% in Q1 2025.
Ugi (UGI) Gross Margin (2009 - 2026) Analysis & Trends
Ugi has disclosed Gross Margin across 18 years of filings, most recently posting 55.79% for Q1 2026.
- Quarterly Gross Margin rose 459.0% year-over-year to 55.79% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 50.69% (down 120.0% YoY) and the FY2025 annual result came in at 49.86%, down 120.0% from the prior year.
- Gross Margin advanced to 55.79% in Q1 2026, from 51.42% in the prior quarter.
- Over five years, Gross Margin peaked at 58.76% in Q3 2023 and troughed at 12.58% in Q4 2022.
- A 5-year average of 44.35% and a median of 50.46% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 5347 bps — and 2023, when it jumped 5591 bps.
- Tracing UGI's Gross Margin over 5 years: stood at 12.58% in 2022, then surged by 445 bps to 43.33% in 2023, then gained by 26 bps to 54.53% in 2024, then dropped by 6 bps to 51.42% in 2025, then increased by 9 bps to 55.79% in 2026.
- Business Quant data shows UGI's Gross Margin at 55.79% in Q1 2026, 51.42% in Q4 2025, and 50.46% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | - |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 78.93% |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 55.79% |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 88.02% |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | - |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 52.68% |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | - |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | 4.94% |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 41.08% |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | 60.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 55.79% |
| Dec 31, 2025 | 51.42% |
| Sep 30, 2025 | 50.46% |
| Jun 30, 2025 | 39.96% |
| Mar 31, 2025 | 51.20% |
| Dec 31, 2024 | 54.53% |
| Sep 30, 2024 | 47.02% |
| Jun 30, 2024 | 53.70% |
| Mar 31, 2024 | 58.25% |
| Dec 31, 2023 | 43.33% |
| Sep 30, 2023 | 58.76% |
| Jun 30, 2023 | 33.45% |
| Mar 31, 2023 | 30.84% |
| Dec 31, 2022 | -12.58% |
| Sep 30, 2022 | 47.16% |
| Jun 30, 2022 | 33.05% |
| Mar 31, 2022 | 57.59% |
| Dec 31, 2021 | 20.69% |
| Sep 30, 2021 | 100.63% |
| Jun 30, 2021 | 65.51% |