UGI (UGI) reported SG&A of $559M in Q1 2026.

How has UGI's SG&A changed year-over-year?

UGI's SG&A increased by 2.4% year-over-year, from $546M to $559M.

What is the long-term trend for UGI's SG&A?

Over 4 years (2021 to 2025), UGI's SG&A has grown at a -0.0% compound annual growth rate (CAGR), from $2.01B to $2.01B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

UGI UGI SG&A

SG&A at other companies

Williams CompaniesWMB

$168M-1.2%

Air Products and ChemicalsAPD

$227.2M+2.3%

Segments

By segment

See full

AmeriGas Propane$259M+0.8%

UGI International$141M-0.7%

Midstream & Marketing$36M+16.1%

Other financials

Income statement

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Revenue$2.7B+0.7%

Gross profit$1.5B+9.7%

Operating income$758.0M+8.3%

Net income$520.0M+8.6%

EPS (diluted)$2.33+6.4%

Balance sheet

See full

Cash & equivalents$530.0M+21.0%

Total debt$6.2B-11.1%

Total equity$5.4B+8.1%

Total assets$16.1B+2.4%

Cash flow

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Operating cash flow$664.0M-2.9%

CapEx$170.0M+16.4%

Free cash flow$494.0M-8.2%

Valuation

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Market cap$7.25B+10.0%

Enterprise value$12.95B-1.2%

P/E11.1×—

P/S1×+0.1×

Profitability

See full

Gross margin50.7%-1.2pp

Operating margin15.4%—

Net margin8.9%—

FCF margin-2.1%-7.3pp

Returns & leverage

See full

Return on equity12.5%—

Debt / equity1.2×-0.2×

Current ratio1×-0.2×

Where this comes from

Reported directly by UGI in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The official record: UGI’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is UGI's SG&A?: UGI (UGI) reported SG&A of $559M in Q1 2026.
How has UGI's SG&A changed year-over-year?: UGI's SG&A increased by 2.4% year-over-year, from $546M to $559M.
What is the long-term trend for UGI's SG&A?: Over 4 years (2021 to 2025), UGI's SG&A has grown at a -0.0% compound annual growth rate (CAGR), from $2.01B to $2.01B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.