Ugi annual debt-to-equity ratio
2009
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2024
2025
Ugi Debt-to-Equity Ratio Growth & History (UGI)
Ugi's debt-to-equity ratio was 1.49 for fiscal 2025.
View full Ugi company overviewUgi annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | 1.49 | −0.16 | −9.41% |
| 2024 | 2024-09-30 | 1.65 | 0.03 | +2.11% |
| 2023 | 2023-09-30 | 1.61 | 0.45 | +38.77% |
| 2022 | 2022-09-30 | 1.16 | −0.09 | −6.85% |
| 2021 | 2021-09-30 | 1.25 | −0.33 | −20.74% |
| 2020 | 2020-09-30 | 1.57 | 0.05 | +3.57% |
| 2019 | 2019-09-30 | 1.52 | 0.39 | +34.39% |
| 2018 | 2018-09-30 | 1.13 | −0.19 | −14.21% |
| 2017 | 2017-09-30 | 1.32 | −0.12 | −8.22% |
| 2016 | 2016-09-30 | 1.44 | 0.00 | +0.29% |
| 2015 | 2015-09-30 | 1.43 | 0.03 | +2.38% |
| 2014 | 2014-09-30 | 1.40 | −0.14 | −9.09% |
| 2013 | 2013-09-30 | 1.54 | 0.04 | +2.55% |
| 2012 | 2012-09-30 | 1.50 | 0.43 | +40.70% |
| 2011 | 2011-09-30 | 1.07 | 0.28 | +35.93% |
| 2010 | 2010-09-30 | 0.78 | −0.50 | −38.72% |
| 2009 | 2009-09-30 | 1.28 | — | — |
Ugi quarterly debt-to-equity ratio
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Q3.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | 1.28 | 0.12 | +10.15% |
| Q2 2026 | 2026-03-31 | 1.10 | −0.21 | −16.13% |
| Q1 2026 | 2025-12-31 | 1.19 | −0.25 | −17.17% |
| Q4 2025 | 2025-09-30 | 1.49 | −0.16 | −9.41% |
| Q3 2025 | 2025-06-30 | 1.17 | −0.18 | −13.20% |
| Q2 2025 | 2025-03-31 | 1.32 | −0.08 | −5.65% |
| Q1 2025 | 2024-12-31 | 1.44 | −0.09 | −5.90% |
| Q4 2024 | 2024-09-30 | 1.65 | 0.03 | +2.11% |
| Q3 2024 | 2024-06-30 | 1.34 | −0.16 | −10.90% |
| Q2 2024 | 2024-03-31 | 1.40 | 0.11 | +8.39% |
| Q1 2024 | 2023-12-31 | 1.53 | 0.31 | +25.38% |
| Q4 2023 | 2023-09-30 | 1.61 | 0.45 | +38.77% |
| Q3 2023 | 2023-06-30 | 1.51 | 0.44 | +41.26% |
| Q2 2023 | 2023-03-31 | 1.29 | 0.26 | +24.93% |
| Q1 2023 | 2022-12-31 | 1.22 | 0.02 | +1.77% |
| Q4 2022 | 2022-09-30 | 1.16 | −0.09 | −6.85% |
| Q3 2022 | 2022-06-30 | 1.07 | −0.07 | −6.39% |
| Q2 2022 | 2022-03-31 | 1.03 | −0.20 | −16.57% |
| Q1 2022 | 2021-12-31 | 1.20 | −0.16 | −11.48% |
| Q4 2021 | 2021-09-30 | 1.25 | −0.33 | −20.74% |
| Q3 2021 | 2021-06-30 | 1.14 | −0.40 | −26.10% |
| Q2 2021 | 2021-03-31 | 1.24 | −0.29 | −19.19% |
| Q1 2021 | 2020-12-31 | 1.35 | −0.21 | −13.47% |
| Q4 2020 | 2020-09-30 | 1.57 | 0.05 | +3.57% |
| Q3 2020 | 2020-06-30 | 1.54 | 0.42 | +37.34% |
| Q2 2020 | 2020-03-31 | 1.53 | 0.42 | +37.49% |
| Q1 2020 | 2019-12-31 | 1.57 | 0.43 | +38.44% |
| Q4 2019 | 2019-09-30 | 1.52 | 0.39 | +34.39% |
| Q3 2019 | 2019-06-30 | 1.12 | 0.02 | +1.96% |
| Q2 2019 | 2019-03-31 | 1.11 | 0.00 | +0.08% |
| Q1 2019 | 2018-12-31 | 1.13 | −0.03 | −2.35% |
| Q4 2018 | 2018-09-30 | 1.13 | −0.19 | −14.21% |
| Q3 2018 | 2018-06-30 | 1.10 | −0.16 | −12.83% |
| Q2 2018 | 2018-03-31 | 1.11 | −0.16 | −12.65% |
| Q1 2018 | 2017-12-31 | 1.16 | −0.18 | −13.35% |
| Q4 2017 | 2017-09-30 | 1.32 | −0.12 | −8.22% |
| Q3 2017 | 2017-06-30 | 1.26 | −0.00 | −0.27% |
| Q2 2017 | 2017-03-31 | 1.27 | 0.05 | +3.84% |
| Q1 2017 | 2016-12-31 | 1.34 | 0.09 | +7.19% |
| Q4 2016 | 2016-09-30 | 1.44 | 0.00 | +0.29% |
| Q3 2016 | 2016-06-30 | 1.27 | −0.05 | −4.01% |
| Q2 2016 | 2016-03-31 | 1.22 | 0.17 | +16.05% |
| Q1 2016 | 2015-12-31 | 1.25 | −0.02 | −1.21% |
| Q4 2015 | 2015-09-30 | 1.43 | 0.03 | +2.38% |
| Q3 2015 | 2015-06-30 | 1.32 | 0.07 | +5.18% |
| Q2 2015 | 2015-03-31 | 1.06 | −0.21 | −16.87% |
| Q1 2015 | 2014-12-31 | 1.26 | −0.10 | −7.16% |
| Q4 2014 | 2014-09-30 | 1.40 | −0.14 | −9.09% |
| Q3 2014 | 2014-06-30 | 1.26 | −0.07 | −5.09% |
| Q2 2014 | 2014-03-31 | 1.27 | −0.07 | −5.46% |
| Q1 2014 | 2013-12-31 | 1.36 | −0.08 | −5.60% |
| Q4 2013 | 2013-09-30 | 1.54 | 0.04 | +2.55% |
| Q3 2013 | 2013-06-30 | 1.32 | −0.22 | −14.08% |
| Q2 2013 | 2013-03-31 | 1.34 | −0.18 | −11.82% |
| Q1 2013 | 2012-12-31 | 1.44 | 0.38 | +35.79% |
| Q4 2012 | 2012-09-30 | 1.50 | 0.43 | +40.70% |
| Q3 2012 | 2012-06-30 | 1.54 | 0.57 | +59.31% |
| Q2 2012 | 2012-03-31 | 1.52 | 0.57 | +60.64% |
| Q1 2012 | 2011-12-31 | 1.06 | 0.32 | +42.75% |
| Q4 2011 | 2011-09-30 | 1.07 | 0.28 | +35.93% |
| Q3 2011 | 2011-06-30 | 0.97 | 0.12 | +14.72% |
| Q2 2011 | 2011-03-31 | 0.95 | — | — |
| Q1 2011 | 2010-12-31 | 0.74 | — | — |
| Q4 2010 | 2010-09-30 | 0.78 | −0.50 | −38.72% |
| Q3 2010 | 2010-06-30 | 0.84 | — | — |
| Q4 2009 | 2009-09-30 | 1.28 | — | — |
Ugi debt-to-equity ratio trends
Over the last five fiscal years, Ugi's debt-to-equity ratio decreased from 1.57 to 1.49, a change of −0.08. The latest reported quarter, Q3 2026, shows 1.28.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ugi source filings ↗