Ugi annual operating margin
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2025
Ugi Operating Margin Growth & History (UGI)
Ugi's operating margin was 15.49% for fiscal 2025.
View full Ugi company overviewUgi annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-09-30 | 15.49% | +4.56 pp |
| 2024 | 2024-09-30 | 10.93% | +27.41 pp |
| 2023 | 2023-09-30 | −16.48% | −33.17 pp |
| 2022 | 2022-09-30 | 16.69% | −15.29 pp |
| 2021 | 2021-09-30 | 31.98% | +16.76 pp |
| 2020 | 2020-09-30 | 15.22% | +6.66 pp |
| 2019 | 2019-09-30 | 8.56% | −5.36 pp |
| 2018 | 2018-09-30 | 13.92% | −2.58 pp |
| 2017 | 2017-09-30 | 16.50% | −0.88 pp |
| 2016 | 2016-09-30 | 17.38% | +4.90 pp |
| 2015 | 2015-09-30 | 12.48% | +0.33 pp |
| 2014 | 2014-09-30 | 12.15% | +0.60 pp |
| 2013 | 2013-09-30 | 11.55% | +3.29 pp |
| 2012 | 2012-09-30 | 8.26% | −2.29 pp |
| 2011 | 2011-09-30 | 10.55% | −1.24 pp |
| 2010 | 2010-09-30 | 11.79% | −0.15 pp |
| 2009 | 2009-09-30 | 11.94% | +3.14 pp |
| 2008 | 2008-09-30 | 8.80% | — |
Ugi quarterly operating margin
Q3.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
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Q1.13
Q2.13
Q3.13
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Q1.14
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Q4.14
Q1.15
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Q3.15
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Q2.16
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Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
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Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-06-30 | −3.39% | +3.45 pp |
| Q2 2026 | 2026-03-31 | 28.43% | +1.85 pp |
| Q1 2026 | 2025-12-31 | 21.99% | −2.51 pp |
| Q4 2025 | 2025-09-30 | 1.11% | +21.48 pp |
| Q3 2025 | 2025-06-30 | −6.84% | −11.79 pp |
| Q2 2025 | 2025-03-31 | 26.59% | −3.15 pp |
| Q1 2025 | 2024-12-31 | 24.50% | +13.31 pp |
| Q4 2024 | 2024-09-30 | −20.36% | −37.55 pp |
| Q3 2024 | 2024-06-30 | 4.96% | +50.14 pp |
| Q2 2024 | 2024-03-31 | 29.74% | +21.35 pp |
| Q1 2024 | 2023-12-31 | 11.19% | +55.43 pp |
| Q4 2023 | 2023-09-30 | 17.19% | +1.23 pp |
| Q3 2023 | 2023-06-30 | −45.19% | −50.13 pp |
| Q2 2023 | 2023-03-31 | 8.39% | −30.31 pp |
| Q1 2023 | 2022-12-31 | −44.25% | −41.67 pp |
| Q4 2022 | 2022-09-30 | 15.96% | −39.44 pp |
| Q3 2022 | 2022-06-30 | 4.94% | −21.59 pp |
| Q2 2022 | 2022-03-31 | 38.70% | +12.41 pp |
| Q1 2022 | 2021-12-31 | −2.58% | −28.96 pp |
| Q4 2021 | 2021-09-30 | 55.39% | +49.14 pp |
| Q3 2021 | 2021-06-30 | 26.53% | +11.67 pp |
| Q2 2021 | 2021-03-31 | 26.29% | +9.86 pp |
| Q1 2021 | 2020-12-31 | 26.38% | +7.29 pp |
| Q4 2020 | 2020-09-30 | 6.26% | +15.05 pp |
| Q3 2020 | 2020-06-30 | 14.86% | +14.14 pp |
| Q2 2020 | 2020-03-31 | 16.43% | −4.47 pp |
| Q1 2020 | 2019-12-31 | 19.09% | +11.38 pp |
| Q4 2019 | 2019-09-30 | −8.80% | −12.69 pp |
| Q3 2019 | 2019-06-30 | 0.72% | −1.33 pp |
| Q2 2019 | 2019-03-31 | 20.90% | −0.11 pp |
| Q1 2019 | 2018-12-31 | 7.71% | −10.88 pp |
| Q4 2018 | 2018-09-30 | 3.89% | +0.89 pp |
| Q3 2018 | 2018-06-30 | 2.05% | +2.29 pp |
| Q2 2018 | 2018-03-31 | 21.02% | −2.59 pp |
| Q1 2018 | 2017-12-31 | 18.59% | −9.17 pp |
| Q4 2017 | 2017-09-30 | 3.00% | +12.07 pp |
| Q3 2017 | 2017-06-30 | −0.24% | −14.01 pp |
| Q2 2017 | 2017-03-31 | 23.61% | −7.60 pp |
| Q1 2017 | 2016-12-31 | 27.76% | +8.74 pp |
| Q4 2016 | 2016-09-30 | −9.08% | −8.47 pp |
| Q3 2016 | 2016-06-30 | 13.77% | +8.88 pp |
| Q2 2016 | 2016-03-31 | 31.21% | +2.61 pp |
| Q1 2016 | 2015-12-31 | 19.02% | +14.86 pp |
| Q4 2015 | 2015-09-30 | −0.61% | +0.11 pp |
| Q3 2015 | 2015-06-30 | 4.89% | +0.67 pp |
| Q2 2015 | 2015-03-31 | 28.59% | +9.98 pp |
| Q1 2015 | 2014-12-31 | 4.16% | −11.55 pp |
| Q4 2014 | 2014-09-30 | −0.72% | +0.26 pp |
| Q3 2014 | 2014-06-30 | 4.22% | +1.20 pp |
| Q2 2014 | 2014-03-31 | 18.61% | −1.36 pp |
| Q1 2014 | 2013-12-31 | 15.70% | +1.13 pp |
| Q4 2013 | 2013-09-30 | −0.98% | +0.02 pp |
| Q3 2013 | 2013-06-30 | 3.02% | +4.52 pp |
| Q2 2013 | 2013-03-31 | 19.97% | +4.28 pp |
| Q1 2013 | 2012-12-31 | 14.57% | +3.42 pp |
| Q4 2012 | 2012-09-30 | −1.00% | −2.53 pp |
| Q3 2012 | 2012-06-30 | −1.50% | −3.06 pp |
| Q2 2012 | 2012-03-31 | 15.69% | −0.68 pp |
| Q1 2012 | 2011-12-31 | 11.15% | −3.14 pp |
| Q4 2011 | 2011-09-30 | 1.53% | −0.58 pp |
| Q3 2011 | 2011-06-30 | 1.56% | −1.69 pp |
| Q2 2011 | 2011-03-31 | 16.37% | −0.89 pp |
| Q1 2011 | 2010-12-31 | 14.29% | −0.73 pp |
| Q4 2010 | 2010-09-30 | 2.11% | −0.88 pp |
| Q3 2010 | 2010-06-30 | 3.24% | — |
| Q2 2010 | 2010-03-31 | 17.26% | — |
| Q1 2010 | 2009-12-31 | 15.02% | — |
| Q3 2009 | 2009-06-30 | 2.99% | — |
Ugi operating margin trends
Over the last five reported fiscal years, Ugi's operating margin increased from 15.22% to 15.49%, a change of +0.27 percentage points. The latest reported quarter, Q3 2026, shows −3.39%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ugi filings at SEC.gov ↗