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UGI UGI Midstream & Marketing — Revenues from external customers

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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 ugi:RevenuesPriorToIntersegmentEffect.

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, 2026TotalEliminations (a)UtilitiesMidstream & MarketingUGI InternationalAmeri Gas PropaneCorporate& Other (d)
Revenues from external customers$1,331$299$224$436$372
Intersegment revenues(28)325
Cost of sales758(28)11715925017189
Operating and administrative expenses (b)491(25)1004012622030
Depreciation and amortization13847222742
Income (loss) from equity investees(1)(1)
Other segment income (loss) (c)5(28)238812
Earnings (loss) before interest expense and income taxes(52)(3)403041(53)(107)

Item 1. Financial Statements (unaudited)

FAQ

What is UGI's midstream & marketing — revenues from external customers?
UGI (UGI) reported midstream & marketing — revenues from external customers of $224M in Q2 2026.
How has UGI's midstream & marketing — revenues from external customers changed year-over-year?
UGI's midstream & marketing — revenues from external customers decreased by 8.9% year-over-year, from $246M to $224M.
What is the long-term trend for UGI's midstream & marketing — revenues from external customers?
Over 4 years (2021 to 2025), UGI's midstream & marketing — revenues from external customers has grown at a 0.6% compound annual growth rate (CAGR), from $1.18B to $1.21B.
What does midstream & marketing — revenues from external customers mean?
Measures the total revenue generated by the midstream and marketing segment specifically from transactions with third-party customers outside the consolidated entity. This metric is critical for evaluating the segment's market reach and its ability to compete for external business.

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