Ugi (UGI) Operating Expenses (2009 - 2026)
Ugi (UGI) posted Operating Expenses of $1.9 billion for Q1 2026, up 18.29% quarter-over-quarter from $1.6 billion in Q4 2025, and down 1.98% on a YoY basis from $2.0 billion in Q1 2025.
Ugi (UGI) Operating Expenses (2009 - 2026) Analysis & Trends
Ugi (UGI) has reported Operating Expenses for 18 consecutive years, with $1.9 billion the latest figure, recorded in Q1 2026.
- Quarterly Operating Expenses fell 1.98% year-over-year to $1.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.2 billion (down 1.32% YoY) and the FY2025 annual result came in at $6.2 billion, down 4.04% from the prior year.
- Operating Expenses came in at $1.9 billion for Q1 2026 at Ugi, up from $1.6 billion in the prior quarter.
- The five-year high for Operating Expenses was $4.0 billion in Q4 2022, with the low at $1.2 billion in Q3 2023.
- A 5-year average of $1.9 billion and a median of $1.8 billion in 2024 frame the typical range for Operating Expenses.
- Year-over-year, Operating Expenses jumped 150.15% in 2022 and tumbled 52.33% in 2023.
- Tracing UGI's Operating Expenses over 5 years: stood at $4.0 billion in 2022, then tumbled by 52.33% to $1.9 billion in 2023, then dropped by 18.32% to $1.5 billion in 2024, then rose by 5.57% to $1.6 billion in 2025, then gained by 18.29% to $1.9 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $1.9 billion in Q1 2026, $1.6 billion in Q4 2025, and $1.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.80 Bn | 28.68 Bn | - | - |
| 2 | Nisource | 22.46 Bn | 24.65 Bn | 1.83 Bn | 1.54 Bn |
| 3 | Ugi | 7.39 Bn | 6.84 Bn | 1.50 Bn | 1.93 Bn |
| 4 | New Jersey Resources | 5.67 Bn | 5.53 Bn | 826.91 Mn | 638.37 Mn |
| 5 | Black Hills | 5.61 Bn | 5.58 Bn | - | 578.80 Mn |
| 6 | ONE Gas | 4.80 Bn | 4.77 Bn | 438.14 Mn | 248.54 Mn |
| 7 | Mdu Resources | 4.26 Bn | 4.20 Bn | - | 490.27 Mn |
| 8 | Chesapeake Utilities | 2.94 Bn | 2.94 Bn | 102.40 Mn | 8.00 Mn |
| 9 | Centuri Holdings | 2.87 Bn | 2.82 Bn | 35.76 Mn | 32.70 Mn |
| 10 | Rgc Resources | 248.35 Mn | 244.36 Mn | 39.84 Mn | 34.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.93 Bn |
| Dec 31, 2025 | 1.63 Bn |
| Sep 30, 2025 | 1.18 Bn |
| Jun 30, 2025 | 1.49 Bn |
| Mar 31, 2025 | 1.97 Bn |
| Dec 31, 2024 | 1.54 Bn |
| Sep 30, 2024 | 1.49 Bn |
| Jun 30, 2024 | 1.31 Bn |
| Mar 31, 2024 | 1.75 Bn |
| Dec 31, 2023 | 1.89 Bn |
| Sep 30, 2023 | 1.17 Bn |
| Jun 30, 2023 | 2.39 Bn |
| Mar 31, 2023 | 2.85 Bn |
| Dec 31, 2022 | 3.96 Bn |
| Sep 30, 2022 | 1.63 Bn |
| Jun 30, 2022 | 1.93 Bn |
| Mar 31, 2022 | 2.13 Bn |
| Dec 31, 2021 | 2.74 Bn |
| Sep 30, 2021 | 652.00 Mn |
| Jun 30, 2021 | 1.11 Bn |