Operating Income for UGI (UGI)
According to UGI's latest reported financial statements, the company's current operating income (TTM) is $1.07B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

UGI
Currently viewingRevenueSwitch metric
TTM (last 4 quarters)
$1.07B
YoY change
+43.8%
5Y CAGR
+2.4%
Peak year (2021)
$2.35B
Cumulative operating income
$23.00B
Operating Income history chart for UGI (UGI) from 1985 to 2025
Operating Income history table for UGI (UGI) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.11B | +43.8% | ||
| 2024 | $770.00M | -153.3% | ||
| 2023 | -$1.44B | -186.7% | ||
| 2022 | $1.67B | -29.1% | ||
| 2021 | $2.35B | +139.3% | ||
| 2020 | $982.00M | +59.2% | ||
| 2019 | $617.00M | -42.1% | ||
| 2018 | $1.06B | +5.4% | ||
| 2017 | $1.01B | +2.2% | ||
| 2016 | $988.00M | +18.3% | ||
| 2015 | $834.90M | -17.0% | ||
| 2014 | $1.01B | +21.0% | ||
| 2013 | $831.10M | +54.3% | ||
| 2012 | $538.60M | -16.2% | ||
| 2011 | $642.40M | -2.5% | ||
| 2010 | $659.20M | -3.8% | ||
| 2009 | $685.30M | +26.1% | ||
| 2008 | $543.60M | +8.0% | ||
| 2007 | $503.40M | +19.4% | ||
| 2006 | $421.50M | -0.3% | ||
| 2005 | $422.70M | +31.6% | ||
| 2004 | $321.10M | +13.7% | ||
| 2003 | $282.50M | +20.1% | ||
| 2002 | $235.20M | +14.2% | ||
| 2001 | $206.00M | +25.4% | ||
| 2000 | $164.30M | -8.2% | ||
| 1999 | $179.00M | +13.7% | ||
| 1998 | $157.50M | -11.2% | ||
| 1997 | $177.30M | +20.6% | ||
| 1996 | $147.00M | +216.8% | ||
| 1995 | $46.40M | -37.7% | ||
| 1994 | $74.50M | -89.8% | ||
| 1993 | $730.80M | +3.2% | ||
| 1992 | $708.10M | -0.2% | ||
| 1991 | $709.20M | +63.9% | ||
| 1990 | $432.60M | +33.6% | ||
| 1989 | $323.70M | -25.3% | ||
| 1988 | $433.40M | +3.3% | ||
| 1987 | $419.40M | -5.3% | ||
| 1986 | $443.10M | -26.8% | ||
| 1985 | $605.50M | — |
Operating Income values are taken from UGI's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of UGI (UGI) operating income is $1.11B – surged 43.8% year-over-year.
Through 2020–2025 (5 years), UGI operating income delivered a +2.4% annualised rate; sustaining 2 straight years of year-over-year growth.
Between 2021 and 2025, UGI operating income plunged 52.9%, falling from $2.35B to $1.11B.
The dataset's maximum operating income sits at $2.35B (2021); the minimum reading of -$1.44B dates to 2023.
Among 8 Utilities peers, UGI (UGI) ranks 9th; the peer median for operating income is $4.86B.
UGI Operating Income by Year
UGI Operating Income 2025: $1.11B
UGI operating income in 2025 was $1.11B, surged 43.8% from 2024.
UGI Operating Income 2024: $770.00M
UGI operating income in 2024 was $770.00M, plunged 153.3% below 2023.
UGI Operating Income 2023: -$1.44B
UGI operating income in 2023 was -$1.44B, plunged 186.7% below 2022. This figure represents the lowest annual value in the available history.
UGI Operating Income 2022: $1.67B
UGI operating income in 2022 was $1.67B, declined 29.1% below 2021.
UGI Operating Income 2021: $2.35B
UGI operating income in 2021 was $2.35B.
See more financial history for UGI (UGI).
Sector peers — Operating Income
Companies in the same sector as UGI, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Duke Energy Corporation (DUK) | $8.58B | Utilities |
| NextEra Energy, Inc. (NEE) | $8.28B | Utilities |
| The Southern Company (SO) | $7.27B | Utilities |
| American Electric Power Company, Inc. (AEP) | $5.30B | Utilities |
| Dominion Energy, Inc. (D) | $4.41B | Utilities |
| Sempra (SRE) | $3.25B | Utilities |
| Constellation Energy Corporation (CEG) | $3.09B | Utilities |
| GE Vernova Inc. (GEV) | $1.39B | Utilities |
Frequently asked questions
What is UGI's operating income?
- Latest reported operating income for UGI (UGI) is $1.07B (period ending December 31, 2025).
How has UGI operating income changed year-over-year?
- UGI (UGI) operating income changed +43.8% year-over-year on the latest annual filing.
What is the long-term growth rate of UGI operating income?
- UGI (UGI) operating income compound annual growth rate is +2.4% over the most recent 5 years available.
When did UGI operating income hit its highest annual value?
- UGI operating income reached its highest annual value of $2.35B in 2021.
What was UGI operating income in 2024?
- UGI (UGI) operating income in 2024 was $770.00M.
What was UGI operating income in 2025?
- UGI (UGI) operating income in 2025 was $1.11B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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