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UGI UGI Pipeline — Total revenues from contracts with customers

Other product segments

Retail
$679M-6.2%
Energy Marketing
$171M-13.6%
Residential
$169M+11.9%
Commercial & Industrial
$65M+6.6%
Wholesale
$41M-6.8%
Large delivery service
$39M-2.5%
Other
$11M+57.1%
Off-system sales and capacity releases
$10M-23.1%
Peaking
-$6M-20.0%

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GPREOther — Total revenues from contracts with customers
$30.08M-23.9%
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GPREIntersegment revenues — Total revenues from contracts with customers
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BGCTotal other revenues — Total revenues from contracts with customers
$6.01M+104%

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Wholesale41401
Energy Marketing171(19)1828
Midstream:
Pipeline5252
Peaking2(6)8
Other66
Other541638
Total Non-Utility1,005(25)248426356

Item 1. Financial Statements (unaudited)

FAQ

What is UGI's pipeline — total revenues from contracts with customers?
UGI (UGI) reported pipeline — total revenues from contracts with customers of $52M in Q2 2026.
How has UGI's pipeline — total revenues from contracts with customers changed year-over-year?
UGI's pipeline — total revenues from contracts with customers decreased by 1.9% year-over-year, from $53M to $52M.
What is the long-term trend for UGI's pipeline — total revenues from contracts with customers?
Over 4 years (2021 to 2025), UGI's pipeline — total revenues from contracts with customers has grown at a 5.6% compound annual growth rate (CAGR), from $181M to $225M.
What does pipeline — total revenues from contracts with customers mean?
This metric represents the total gross revenue generated from external customers specifically attributable to the pipeline operations segment. It reflects the financial performance of infrastructure-based energy transport services provided under contractual agreements. Tracking this figure allows investors to evaluate the revenue-generating capacity and market demand for the company's midstream pipeline assets.

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