UGI UGI Business Segments
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Total revenues from contracts with customers by Business | ||||||
| AmeriGas Propane | $759M+26.5% | $600M+63.5% | $367M-15.4% | $434M-48.8% | $848M+35.2% | |
| Midstream & Marketing | $715M+67.4% | $427M+70.1% | $251M-9.7% | $278M-52.6% | $587M+59.9% | |
| UGI International | $621M+8.0% | $575M— | —— | $437M-32.8% | $650M+1.9% | |
| Other revenues by Business | ||||||
| AmeriGas Propane | $17M-15.0% | $20M+5.3% | $19M0.0% | $19M+26.7% | $15M-31.8% | |
| Midstream & Marketing | $0— | $0— | $0— | $0— | $0— | |
| UGI International | $11M0.0% | $11M— | —— | $10M+11.1% | $9M-18.2% | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest by Business | ||||||
| AmeriGas Propane | $85M+254% | $24M— | —— | —— | $25M+154% | |
| Midstream & Marketing | $109M+78.7% | $61M— | —— | —— | $150M+68.5% | |
| UGI International | $103M0.0% | $103M— | —— | —— | $93M-7.0% | |
| Other segment income (loss) by Business | ||||||
| AmeriGas Propane | $8M-27.3% | $11M— | —— | —— | $10M+25.0% | |
| Midstream & Marketing | $0-100% | $1M— | —— | —— | $0-100% | |
| UGI International | $1M-66.7% | $3M— | —— | —— | $12M+20.0% | |
| Gain (Loss) on Disposition of Business by Business | ||||||
| AmeriGas Propane | $0— | $0-100% | $17M— | $0— | —— | |
| Midstream & Marketing | $0— | $0— | $0— | $0— | —— | |
| UGI International | -$62M-330% | $27M— | —— | -$54M— | —— | |
| Income Tax Expense (Benefit) by Business | ||||||
| AmeriGas Propane | $34M+240% | $10M— | —— | —— | $92M+5.7% | |
| Midstream & Marketing | $26M+100% | $13M— | —— | —— | -$8M-33.3% | |
| UGI International | $18M+80.0% | $10M— | —— | —— | $39M— | |
| Total Assets by Business | ||||||
| AmeriGas Propane | $3.02B+2.8% | $2.94B+0.8% | $2.91B-1.7% | $2.96B-4.7% | $3.11B+0.9% | |
| Midstream & Marketing | $3.27B-0.6% | $3.29B+3.3% | $3.19B0.0% | $3.19B-5.6% | $3.38B+1.7% | |
| UGI International | $3.19B+5.4% | $3.03B— | —— | $3.19B+0.6% | $3.17B+11.9% | |
| Earnings before interest expense and income taxes by Business | ||||||
| AmeriGas Propane | $156M+117% | $72M— | —— | -$28M-118% | $154M+108% | |
| Midstream & Marketing | $150M+70.5% | $88M+418% | $17M-37.0% | $27M-82.5% | $154M+62.1% | |
| UGI International | $132M+6.5% | $124M— | —— | $43M-69.9% | $143M+30.0% | |
| Cost of Sales by Business | ||||||
| AmeriGas Propane | $311M+23.9% | $251M+52.1% | $165M-20.3% | $207M-48.5% | $402M+43.6% | |
| Midstream & Marketing | $512M+77.8% | $288M+65.5% | $174M-13.4% | $201M-47.8% | $385M+68.1% | |
| UGI International | $323M+11.0% | $291M— | —— | $245M-29.6% | $348M-7.0% | |
| Interest Expense, Nonoperating by Business | ||||||
| AmeriGas Propane | $37M-2.6% | $38M0.0% | $38M+5.6% | $36M-2.7% | $37M+12.1% | |
| Midstream & Marketing | $15M+7.1% | $14M0.0% | $14M+27.3% | $11M-8.3% | $12M0.0% | |
| UGI International | $11M0.0% | $11M-8.3% | $12M-7.7% | $13M+18.2% | $11M+10.0% | |
| Interest income from intersegment loan by Business | ||||||
| AmeriGas Propane | $0— | $0— | $0— | $0— | $0— | |
| Midstream & Marketing | $0— | $0— | $0— | $0— | $0— | |
| UGI International | $4M0.0% | $4M0.0% | $4M-20.0% | $5M+66.7% | $3M— | |
| Net gains (losses) on commodity derivative instruments by Business | ||||||
| AmeriGas Propane | $27M+370% | -$10M— | —— | -$3M-200% | $3M-57.1% | |
| Midstream & Marketing | -$26M-1,200% | -$2M-117% | $12M+120% | -$59M-327% | $26M-55.9% | |
| UGI International | $129M+2,480% | $5M— | —— | -$50M-285% | -$13M-159% | |
| Income (Loss) from Equity Method Investments by Business | ||||||
| AmeriGas Propane | $0— | $0— | $0— | $0— | $0— | |
| Midstream & Marketing | $5M+25.0% | $4M— | —— | —— | $3M-25.0% | |
| UGI International | $0— | $0— | —— | —— | $0+100% | |
| Operating and administrative expenses by Business | ||||||
| AmeriGas Propane | $259M+6.1% | $244M— | —— | —— | $257M+8.9% | |
| Midstream & Marketing | $36M+2.9% | $35M— | —— | —— | $31M+6.9% | |
| UGI International | $141M+5.2% | $134M— | —— | —— | $142M+6.0% | |
| D&A by Business | ||||||
| AmeriGas Propane | $41M-6.8% | $44M+2.3% | $43M-4.4% | $45M0.0% | $45M0.0% | |
| Midstream & Marketing | $22M+4.8% | $21M0.0% | $21M+5.0% | $20M0.0% | $20M0.0% | |
| UGI International | $26M-10.3% | $29M— | —— | $31M+6.9% | $29M0.0% | |
| Capital expenditures (including the effects of accruals) by Business | ||||||
| AmeriGas Propane | $29M-3.3% | $30M+36.4% | $22M+10.0% | $20M+25.0% | $16M-30.4% | |
| Midstream & Marketing | $5M-70.6% | $17M-32.0% | $25M-16.7% | $30M+11.1% | $27M-15.6% | |
| UGI International | $19M+72.7% | $11M-71.1% | $38M+58.3% | $24M+41.2% | $17M+21.4% | |
| Total revenues from contracts with customers by Product | ||||||
| Commercial & Industrial | $206M+48.2% | $139M+223% | $43M-29.5% | $61M-65.3% | $176M+67.6% | |
| Energy Marketing | $408M+43.7% | $284M+59.6% | $178M-10.1% | $198M-46.5% | $370M+46.8% | |
| Large delivery service | $59M+11.3% | $53M+32.5% | $40M0.0% | $40M-37.5% | $64M+23.1% | |
| Off-system sales and capacity releases | -$64M-346% | $26M+471% | -$7M-154% | $13M+128% | -$46M-342% | |
| Other | $3M-40.0% | $5M-37.5% | $8M+14.3% | $7M-12.5% | $8M0.0% | |
| Peaking | -$65M-54.8% | -$42M-950% | -$4M+20.0% | -$5M+91.9% | -$62M-55.0% | |
| Pipeline | $53M-1.9% | $54M-1.8% | $55M+3.8% | $53M-10.2% | $59M+1.7% | |
| Residential | $499M+38.2% | $361M+231% | $109M-27.8% | $151M-65.2% | $434M+57.2% | |
| Retail | $1.22B+19.2% | $1.03B+62.7% | $630M-13.0% | $724M-44.9% | $1.31B+22.6% | |
| Wholesale | $62M+34.8% | $46M+24.3% | $37M-15.9% | $44M-43.6% | $78M+8.3% | |
| Revenue by Product | ||||||
| Midstream Other | $9M+80.0% | $5M0.0% | $5M-16.7% | $6M0.0% | $6M+50.0% | |
| Nonutility Other | $60M0.0% | $60M+17.6% | $51M-17.7% | $62M-8.8% | $68M-2.9% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does UGI break its business down?
- UGI (UGI) reports total revenues from contracts with customers by business across 3 parts — AmeriGas Propane, Midstream & Marketing and UGI International. Each is extracted from the segment footnotes and tracked over time.
- Where does UGI's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in UGI's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
