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UGI UGI Midstream & Marketing — Cost of Sales

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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

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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/S+0.1×

Profitability

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Gross margin50.7%-1.2pp
Operating margin15.4%
Net margin8.9%
FCF margin-2.1%-7.3pp

Returns & leverage

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Return on equity12.5%
Debt / equity1.2×-0.2×
Current ratio-0.2×

Where this comes from

Reported directly by UGI in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization.

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 midstream & marketing — cost of sales?
UGI (UGI) reported midstream & marketing — cost of sales of $512M in Q1 2026.
How has UGI's midstream & marketing — cost of sales changed year-over-year?
UGI's midstream & marketing — cost of sales increased by 33.0% year-over-year, from $385M to $512M.
What is the long-term trend for UGI's midstream & marketing — cost of sales?
Over 4 years (2021 to 2025), UGI's midstream & marketing — cost of sales has grown at a -1.1% compound annual growth rate (CAGR), from $1.03B to $989M.
What does midstream & marketing — cost of sales mean?
Includes the direct costs associated with the production, procurement, and delivery of energy products and services sold by the midstream and marketing segment. Monitoring this metric is essential for understanding the direct impact of commodity price volatility and supply chain costs on gross margins.