Ugi (UGI) Gross Margin (2009 - 2026)
Ugi (UGI) posted Gross Margin of 55.79% for Q1 2026, up 8.51% quarter-over-quarter from 51.42% in Q4 2025, and up 459.0% on a YoY basis from 9.98% in Q1 2025.
Ugi (UGI) Gross Margin (2009 - 2026) Analysis & Trends
Ugi (UGI) has reported Gross Margin for 18 consecutive years, with 55.79% the latest figure, recorded 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 came in at 55.79% for Q1 2026 at Ugi, up from 51.42% in the prior quarter.
- The five-year high for Gross Margin was 58.76% in Q3 2023, with the low 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.
- Year-over-year, Gross Margin tumbled 5347 bps in 2022 and surged 5591 bps in 2023.
- Tracing UGI's Gross Margin over 5 years: stood at 12.58% in 2022, then jumped by 445 bps to 43.33% in 2023, then climbed by 26 bps to 54.53% in 2024, then fell by 6 bps to 51.42% in 2025, then gained by 9 bps to 55.79% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 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 | 28.80 Bn | 28.68 Bn | - | - |
| 2 | Nisource | 22.46 Bn | 24.65 Bn | 1.83 Bn | 78.93% |
| 3 | Ugi | 7.39 Bn | 6.84 Bn | 1.50 Bn | 55.79% |
| 4 | New Jersey Resources | 5.67 Bn | 5.53 Bn | 826.91 Mn | 88.02% |
| 5 | Black Hills | 5.61 Bn | 5.58 Bn | - | - |
| 6 | ONE Gas | 4.80 Bn | 4.77 Bn | 438.14 Mn | 52.68% |
| 7 | Mdu Resources | 4.26 Bn | 4.20 Bn | - | - |
| 8 | Chesapeake Utilities | 2.94 Bn | 2.94 Bn | 102.40 Mn | 41.08% |
| 9 | Centuri Holdings | 2.87 Bn | 2.82 Bn | 35.76 Mn | 4.94% |
| 10 | Rgc Resources | 248.35 Mn | 244.36 Mn | 39.84 Mn | 87.64% |
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% |