Ugi (UGI) Gross Margin (2009 - 2026)
Ugi's (UGI) quarterly Gross Margin came in at 55.79% in Q1 2026, up 459.0% YoY from 9.98% in Q1 2025, and up 8.51% on a QoQ basis from 51.42% in Q4 2025.
Ugi (UGI) Gross Margin (2009 - 2026) Analysis & Trends
Ugi (UGI) has 18 years of Gross Margin data on file, last reported at 55.79% in 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 improved to 55.79% in Q1 2026, from 51.42% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 58.76% in Q3 2023 to a low of 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 soared by 445 bps to 43.33% in 2023, then increased by 26 bps to 54.53% in 2024, then decreased by 6 bps to 51.42% in 2025, then climbed by 9 bps to 55.79% in 2026.
- The last three Gross Margin figures came in at 55.79% (Q1 2026), 51.42% (Q4 2025), and 50.46% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.92 Bn | 28.39 Bn | - | - |
| 2 | Nisource | 20.08 Bn | 20.01 Bn | 867.50 Mn | 64.62% |
| 3 | Ugi | 8.24 Bn | 7.77 Bn | 573.00 Mn | 43.05% |
| 4 | New Jersey Resources | 5.60 Bn | 5.56 Bn | 243.61 Mn | 69.77% |
| 5 | Black Hills | 5.59 Bn | 5.52 Bn | - | - |
| 6 | ONE Gas | 5.15 Bn | 5.12 Bn | 272.01 Mn | 66.08% |
| 7 | Mdu Resources | 4.33 Bn | 4.28 Bn | - | - |
| 8 | Chesapeake Utilities | 3.31 Bn | 3.29 Bn | 150.20 Mn | 74.39% |
| 9 | Centuri Holdings | 2.23 Bn | 2.19 Bn | 69.14 Mn | 7.19% |
| 10 | Brookfield Infrastructure | 2.22 Bn | 1.45 Bn | 572.00 Mn | 60.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 43.05% |
| 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% |