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
DateValue
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