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UGI UGI AmeriGas Propane — Net gains (losses) on commodity derivative instruments

Other segment segments

UGI International
-$50M
Midstream & Marketing
$0+100%

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Other financials

Income statement

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Revenue$1.3B-4.5%
Gross profit$573.0M+2.9%
Operating income-$44.0M+52.7%
Net income-$133.0M+18.4%
EPS (diluted)-$0.62+18.4%

Balance sheet

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Cash & equivalents$523.0M+41.4%
Total debt$7.0B+16.2%
Total equity$5.2B+7.0%
Total assets$15.6B+1.8%

Cash flow

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Operating cash flow$242.0M-16.3%
CapEx$226.0M+1.8%
Free cash flow$16.0M-76.1%

Valuation

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Market cap$7.62B-1.8%
Enterprise value$14.13B+5.2%
P/E11.1×
P/S0.0×

Profitability

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Gross margin51.3%+2.1pp
Operating margin16.2%
Net margin9.4%
FCF margin-2.1%-7.3pp

Returns & leverage

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Return on equity13.6%
Debt / equity1.3×+0.1×
Current ratio1.4×+0.7×

Where this comes from

Reported directly by UGI in its filing.

Tagged under the XBRL concept us-gaap:UnrealizedGainLossOnDerivatives.

The source filing: UGI’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 2:21 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000884614-26-000052
Three Months Ended June 30, 2026Location on Income StatementMidstream & MarketingUGI InternationalAmeri Gas Propane
Net gains (losses) on commodity derivative instruments not associated with current-period transactionsCost of sales$(76)$(13)
Net gains (losses) on commodity derivative instruments not associated with current-period transactionsOther operating expense (income), net$(2)
Unrealized gains (losses) on foreign currency derivative instrumentsOther non-operating income (expense), net$7
Loss on extinguishments of debtLoss on extinguishments of debt$(2)$(13)
Net gain (loss) on disposals of businessesNet loss (gain) on disposals of businesses$(7)
Restructuring costsOperating and administrative expenses$(2)
Interest income from intersegment loanOther operating expense (income), net$2
Three Months Ended June 30, 2025Location on Income StatementMidstream & MarketingUGI InternationalAmeriGas Propane

Item 1. Financial Statements (unaudited)

FAQ

What is UGI's amerigas propane — net gains (losses) on commodity derivative instruments?
UGI (UGI) reported amerigas propane — net gains (losses) on commodity derivative instruments of -$13M in Q2 2026.
How has UGI's amerigas propane — net gains (losses) on commodity derivative instruments changed year-over-year?
UGI's amerigas propane — net gains (losses) on commodity derivative instruments decreased by 333.3% year-over-year, from -$3M to -$13M.
What does amerigas propane — net gains (losses) on commodity derivative instruments mean?
Reflects the financial impact of hedging activities used to manage exposure to volatile propane and energy commodity prices. It captures the realized and unrealized gains or losses resulting from derivative contracts intended to stabilize segment margins.

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