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UGI UGI UGI International — Net gains (losses) on commodity derivative instruments

Other segment segments

AmeriGas Propane
-$13M-333%
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 UGI international — net gains (losses) on commodity derivative instruments?
UGI (UGI) reported UGI international — net gains (losses) on commodity derivative instruments of -$76M in Q2 2026.
How has UGI's UGI international — net gains (losses) on commodity derivative instruments changed year-over-year?
UGI's UGI international — net gains (losses) on commodity derivative instruments decreased by 52.0% year-over-year, from -$50M to -$76M.
What does UGI international — net gains (losses) on commodity derivative instruments mean?
This reflects the net impact of fair value changes in derivative contracts used to hedge against commodity price volatility within the international segment. It highlights the segment's exposure to market fluctuations and the effectiveness of its risk management strategies.

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