UGI Corp /PA/ has recently released its 10-K report, providing detailed insights into its operations and financial performance. The company operates through four segments: Utilities, Midstream & Marketing, UGI International, and AmeriGas Propane. It distributes propane to approximately 801 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers. Additionally, it engages in the retail sale of natural gas, liquid fuels, and electricity to approximately 10,800 residential, commercial, and industrial customers. UGI Corp /PA/ also distributes natural gas to approximately 694,000 customers and supplies electricity to approximately 62,900 customers.
In its "Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations" in the Fiscal 2024 Annual Report on Form 10-K, the company highlights the significant influence of temperatures in its service territories on its results, particularly during the heating-season months of October through March. The report also discusses recent developments, including strategic divestments in non-core markets to focus resources where it can achieve superior operational results and deliver enhanced customer value.
The report also delves into non-GAAP financial measures used by UGI management, such as "adjusted net income attributable to UGI Corporation" and "adjusted diluted earnings per share," to evaluate the company’s overall performance. It explains that these non-GAAP measures provide meaningful information to investors about UGI’s performance by eliminating gains and losses on commodity and certain foreign currency derivative instruments not associated with current-period transactions and other significant discrete items that can affect the comparison of period-over-period results.
Furthermore, the report provides a detailed breakdown of adjusted net income attributable to UGI Corporation and adjusted diluted earnings per share for the years ended September 30, 2025, and 2024. It also includes an executive overview comparing fiscal years 2025 and 2024, highlighting net income attributable to UGI Corporation, adjusted net income, and earnings per share.
The report analyzes segment results for Utilities and Midstream & Marketing, providing a comprehensive comparison of revenues, total margin, operating and administrative expenses, operating income, and earnings before interest expense and income taxes for both fiscal years.
Following these announcements, the company's shares moved 7.06%, and are now trading at a price of $37.61. For the full picture, make sure to review UGI CORP /PA/'s 10-K report.
