Question 1

What is UGI's EV/EBITDA ratio?

Accepted Answer

UGI (UGI) EV/EBITDA ratio is 9.3× as of June 5, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for UGI?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For UGI specifically, the relevant sector benchmark is the current sector median of 12.7×.

Question 5

Is UGI's EV/EBITDA ratio high or low?

Accepted Answer

UGI's EV/EBITDA ratio of 9.3× is above its own 5-year average of 9.2× and below the sector median of 12.7×. That places the current reading at the 60th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is UGI's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, UGI (UGI) EV/EBITDA ratio has ranged from a low of 4.8× in 2022 to a high of 24.1× in 2024. The 5-year average is 9.2× and the 5-year median is 8.6×.

Question 7

What was UGI's EV/EBITDA ratio in 2025?

Accepted Answer

UGI (UGI) EV/EBITDA ratio at the end of 2025 was 8.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does UGI's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$7.15B	$1.67B	8.6×	-0.9×	Sep 30, 2025
2024	$5.33B	$1.28B	9.5×	—	Sep 30, 2024
2023	$4.82B	−$926.00M	—	—	Sep 30, 2023
2022	$6.78B	$2.23B	6.0×	+0.7×	Sep 30, 2022
2021	$8.93B	$2.80B	5.3×	-3.5×	Sep 30, 2021
2020	$6.88B	$1.47B	8.8×	-5.4×	Sep 30, 2020
2019	$9.55B	$1.11B	14.2×	+5.3×	Sep 30, 2019
2018	$9.59B	$1.54B	8.9×	-0.1×	Sep 30, 2018
2017	$8.14B	$1.34B	9.0×	+0.5×	Sep 30, 2017
2016	$7.86B	$1.34B	8.5×	+0.7×	Sep 30, 2016
2015	$6.03B	$1.21B	7.9×	+1.2×	Sep 30, 2015
2014	$5.89B	$1.37B	6.7×	+0.1×	Sep 30, 2014
2013	$4.48B	$1.20B	6.6×	-1.8×	Sep 30, 2013
2012	$3.51B	$823.70M	8.3×	+2.1×	Sep 30, 2012
2011	$2.94B	$804.90M	6.2×	+0.3×	Sep 30, 2011
2010	$3.15B	$867.30M	5.9×	+0.5×	Sep 30, 2010
2009	$2.73B	$883.10M	5.4×	-0.9×	Sep 30, 2009
2008	$2.78B	$741.10M	6.3×	-0.8×	Sep 30, 2008
2007	$2.80B	$672.60M	7.1×	-1.0×	Sep 30, 2007
2006	$2.58B	$570.20M	8.1×	+0.4×	Sep 30, 2006
2005	$2.94B	$569.10M	7.7×	+0.1×	Sep 30, 2005
2004	$1.84B	$454.40M	7.6×	+1.4×	Sep 30, 2004
2003	$1.22B	$385.50M	6.1×	-0.4×	Sep 30, 2003
2002	$992.03M	$328.70M	6.5×	—	Sep 30, 2002


CMS Energy (CMS)	13.0×
FirstEnergy (FE)	12.9×
H2O America (HTO)	12.8×
Southern Company (SO)	12.7×
Vistra (VST)	12.7×
PPL (PPL)	12.7×
Evergy (EVRG)	12.7×
NiSource (NI)	12.6×
Pinnacle West Capital (PNW)	12.5×
New Jersey Resources (NJR)	12.3×
MGE Energy (MGEE)	12.0×
Duke Energy (DUK)	11.9×
Black Hills (BKH)	11.9×
Algonquin Power & Utilities (AQN)	11.8×
Public Service Enterprise Group (PEG)	11.7×
Exelon (EXC)	11.3×
AES (AES)	10.5×
Eversource Energy (ES)	10.3×
Artesian Resources (ARTNA)	9.9×
Avista (AVA)	9.9×
Consolidated Edison (ED)	9.8×
Edison International (EIX)	9.6×
PG&E (PCG)	9.5×
Northwest Natural Holding (NWN)	8.9×
Ameren (AEE)	8.1×

EV/EBITDA for UGI (UGI)

EV/EBITDA daily chart for UGI (UGI)

Historical EV/EBITDA for UGI (UGI) from 2002 to 2025

About EV/EBITDA at UGI (UGI)

UGI EV/EBITDA by Year

UGI EV/EBITDA 2025: 8.6×

UGI EV/EBITDA 2024: 9.5×

UGI EV/EBITDA 2022: 6.0×

UGI EV/EBITDA 2021: 5.3×

UGI EV/EBITDA 2020: 8.8×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

UGI (UGI) Key Financials

EV/EBITDA daily chart for UGI (UGI)

Historical EV/EBITDA for UGI (UGI) from 2002 to 2025

About EV/EBITDA at UGI (UGI)

UGI EV/EBITDA by Year

UGI EV/EBITDA 2025: 8.6×

UGI EV/EBITDA 2024: 9.5×

UGI EV/EBITDA 2022: 6.0×

UGI EV/EBITDA 2021: 5.3×

UGI EV/EBITDA 2020: 8.8×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

+What is UGI's EV/EBITDA ratio?

+How is the EV/EBITDA ratio calculated?

+What is the EV/EBITDA ratio?

+What is a good EV/EBITDA ratio for UGI?

+Is UGI's EV/EBITDA ratio high or low?

+What is UGI's historical EV/EBITDA ratio range?

+What was UGI's EV/EBITDA ratio in 2025?

+Why does UGI's EV/EBITDA ratio change over time?

UGI (UGI) Key Financials