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UGI UGI Business Segments

FY'25FY'24FY'23FY'22
Total revenues from contracts with customers by Business
AmeriGas Propane$2.28B+0.2%$2.27B-12.0%$2.58B-12.3%$2.94B+12.6%
Midstream & Marketing$1.48B+8.2%$1.37B-25.8%$1.85B-20.6%$2.33B+65.4%
Other revenues by Business
AmeriGas Propane$75M-3.8%$78M-8.2%$85M+7.6%$79M+19.7%
Midstream & Marketing$0-100%$1M-50.0%$2M0.0%$2M-60.0%
Total Assets by Business
AmeriGas Propane$12.07B-8.6%$13.21B-14.5%$15.44B-13.6%$17.87B+0.1%
Midstream & Marketing$13.07B+2.1%$12.81B+1.4%$12.62B-0.4%$12.68B+8.7%
Earnings before interest expense and income taxes by Business
Midstream & Marketing$293M-6.4%$313M+7.6%$291M+8.2%$269M+41.6%
Cost of Sales by Business
AmeriGas Propane$1.05B-0.5%$1.06B-15.3%$1.25B-22.5%$1.61B+32.5%
Midstream & Marketing$989M+14.5%$864M-36.5%$1.36B-27.5%$1.88B+81.6%
Interest Expense, Nonoperating by Business
AmeriGas Propane$144M-7.7%$156M$160M
Midstream & Marketing$49M+19.5%$41M$41M
UGI International$46M+4.5%$44M$28M
Interest income from intersegment loan by Business
AmeriGas Propane$0
Midstream & Marketing$0
UGI International$12M
Foreign currency translation by Business
AmeriGas Propane$0$0$0$0
Midstream & Marketing$0$0$0$0
Regulated natural gas utilities$0$0$0$0
UGI International$48M-5.9%$51M-25.0%$68M+144%-$153M-1,430%
Net gains (losses) on commodity derivative instruments by Business
Midstream & Marketing$38M-39.7%$63M
Goodwill, Written off Related to Sale of Business Unit by Business
AmeriGas Propane$26M$0
Midstream & Marketing$0$0
Regulated natural gas utilities$0$0
UGI International$41M+242%$12M
Income (Loss) from Equity Method Investments by Business
AmeriGas Propane$0$0$0$0
D&A by Business
AmeriGas Propane$178M0.0%$178M+0.6%$177M0.0%$177M+2.3%
Midstream & Marketing$81M-5.8%$86M0.0%$86M+8.9%$79M+3.9%
Capital expenditures (including the effects of accruals) by Business
AmeriGas Propane$81M-5.8%$86M-35.8%$134M+4.7%$128M-1.5%
Midstream & Marketing$114M-24.0%$150M+15.4%$130M+242%$38M-11.6%
UGI International$93M+6.9%$87M-32.6%$129M+20.6%$107M0.0%
Average composite depreciation rates (as a percentage) by Business
Electric utility2.4%-0.1pp2.5%+0.2pp2.3%-0.1pp2.4%+0.1pp
Regulated natural gas utilities2.5%-0.1pp2.6%+0.2pp2.4%-0.2pp2.6%0.0pp
Total revenues from contracts with customers by Product
Commercial & Industrial$385M+11.9%$344M-16.7%$413M+13.2%$365M+67.4%
Energy Marketing$998M+1.8%$980M-54.2%$2.14B-27.5%$2.95B+88.7%
Large delivery service$196M+7.1%$183M+3.4%$177M+3.5%$171M+15.5%
Off-system sales and capacity releases-$21M-131%$67M+179%$24M+123%-$104M-215%
Other$31M-13.9%$36M-16.3%$43M+87.0%$23M+9.5%
Peaking-$111M+8.3%-$121M-14.2%-$106M-16.5%-$91M+7.1%
Pipeline$225M-8.5%$246M-2.0%$251M+19.0%$211M+16.6%
Residential$970M+11.1%$873M-14.4%$1.02B+16.6%$875M+54.0%
Retail$3.74B+0.1%$3.73B-5.5%$3.95B-10.9%$4.44B+12.1%
Wholesale$231M-14.4%$270M-16.9%$325M-34.5%$496M+51.2%
Revenue by Product
Midstream Other$21M+31.3%$16M+14.3%$14M+55.6%$9M+12.5%
Nonutility Other$251M-3.5%$260M-5.1%$274M-4.2%$286M+4.0%

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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.