Shares Outstanding for UGI (UGI)
According to UGI's latest reported financial statements, the company's latest reported diluted shares outstanding is 221.42M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

UGI
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Latest period
221.42M
YoY change
+1.8%
5Y CAGR
+0.9%
Peak year (2025)
219.16M
Latest annual
219.16M
Shares Outstanding history chart for UGI (UGI) from 1985 to 2025
Shares Outstanding history table for UGI (UGI) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 219.16M | +1.8% | ||
| 2024 | 215.27M | +2.6% | ||
| 2023 | 209.81M | -2.8% | ||
| 2022 | 215.82M | +1.7% | ||
| 2021 | 212.13M | +1.1% | ||
| 2020 | 209.87M | +15.9% | ||
| 2019 | 181.11M | +2.4% | ||
| 2018 | 176.91M | -0.1% | ||
| 2017 | 177.16M | +0.9% | ||
| 2016 | 175.57M | -0.1% | ||
| 2015 | 175.67M | +0.2% | ||
| 2014 | 175.23M | +1.1% | ||
| 2013 | 173.28M | +1.8% | ||
| 2012 | 170.15M | +0.4% | ||
| 2011 | 169.42M | +2.2% | ||
| 2010 | 165.77M | +1.1% | ||
| 2009 | 164.01M | +0.8% | ||
| 2008 | 162.78M | +0.5% | ||
| 2007 | 161.91M | +1.1% | ||
| 2006 | 160.09M | +0.9% | ||
| 2005 | 158.58M | +9.4% | ||
| 2004 | 145.02M | +12.8% | ||
| 2003 | 128.55M | +4.4% | ||
| 2002 | 123.17M | +0.3% | ||
| 2001 | 122.83M | -0.2% | ||
| 2000 | 123.03M | -14.6% | ||
| 1999 | 144.07M | -3.3% | ||
| 1998 | 149.05M | -0.3% | ||
| 1997 | 149.53M | +0.2% | ||
| 1996 | 149.30M | +2.7% | ||
| 1995 | 145.31M | -0.9% | ||
| 1994 | 146.58M | +6.7% | ||
| 1993 | 137.32M | +18.4% | ||
| 1992 | 115.96M | +7.2% | ||
| 1991 | 108.21M | +18.8% | ||
| 1990 | 91.07M | +1.2% | ||
| 1989 | 89.96M | +2.0% | ||
| 1988 | 88.19M | +3.8% | ||
| 1987 | 84.92M | -13.1% | ||
| 1986 | 97.68M | +40.5% | ||
| 1985 | 69.51M | — |
Shares Outstanding 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
In 2025, UGI (UGI) diluted shares outstanding totalled 219.16M – edged up 1.8% year-over-year.
Through 2020–2025 (5 years), UGI diluted shares outstanding delivered a +0.9% annualised rate; sustaining 2 straight years of year-over-year growth.
219.16M stands as the all-time-high annual diluted shares outstanding, posted in 2025, against a low of 69.51M during 1985.
UGI (UGI) sits 9th of 8 Utilities peers we track on this metric, against a peer median of 714.85M.
UGI Shares Outstanding by Year
UGI Shares Outstanding 2025: 219.16M
UGI diluted shares outstanding in 2025 was 219.16M, edged up 1.8% from 2024. This figure represents the highest annual value in the available history.
UGI Shares Outstanding 2024: 215.27M
UGI diluted shares outstanding in 2024 was 215.27M, edged up 2.6% from 2023.
UGI Shares Outstanding 2023: 209.81M
UGI diluted shares outstanding in 2023 was 209.81M, edged down 2.8% below 2022.
UGI Shares Outstanding 2022: 215.82M
UGI diluted shares outstanding in 2022 was 215.82M, edged up 1.7% from 2021.
UGI Shares Outstanding 2021: 212.13M
UGI diluted shares outstanding in 2021 was 212.13M.
See more financial history for UGI (UGI).
Sector peers — Shares Outstanding
Companies in the same sector as UGI, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | 2.09B | Utilities |
| The Southern Company (SO) | 1.11B | Utilities |
| Dominion Energy, Inc. (D) | 855.30M | Utilities |
| Duke Energy Corporation (DUK) | 777.00M | Utilities |
| Sempra (SRE) | 652.70M | Utilities |
| American Electric Power Company, Inc. (AEP) | 520.21M | Utilities |
| Constellation Energy Corporation (CEG) | 314.00M | Utilities |
| GE Vernova Inc. (GEV) | 276.00M | Utilities |
Frequently asked questions
What is UGI's diluted shares outstanding?
- Latest reported diluted shares outstanding for UGI (UGI) is 221.42M (period ending December 31, 2025).
How has UGI diluted shares outstanding changed year-over-year?
- UGI (UGI) diluted shares outstanding changed +1.8% year-over-year on the latest annual filing.
What is the long-term growth rate of UGI diluted shares outstanding?
- UGI (UGI) diluted shares outstanding compound annual growth rate is +0.9% over the most recent 5 years available.
When did UGI diluted shares outstanding hit its highest annual value?
- UGI diluted shares outstanding reached its highest annual value of 219.16M in 2025.
What was UGI diluted shares outstanding in 2024?
- UGI (UGI) diluted shares outstanding in 2024 was 215.27M.
What was UGI diluted shares outstanding in 2025?
- UGI (UGI) diluted shares outstanding in 2025 was 219.16M.
Metrics overview
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