What is the 13F Pro Quality Score for UGI?

13F Pro ranks UGI CORP /PA/ (UGI) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View UGI's current score at https://13fpro.ai/research/UGI (free sign-up required for the full ranking).

Which hedge funds own the most UGI stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of UGI include BlackRock,, FMR, VANGUARD PORTFOLIO MANAGEMENT. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/research/UGI as soon as new 13F filings post.

Where does 13F Pro source UGI data?

All UGI CORP /PA/ fundamentals and ownership data come directly from SEC EDGAR. UGI CORP /PA/ files with the SEC under CIK 884614. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is UGI in?

UGI CORP /PA/ (UGI) is classified in the Utilities sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/utilities.

What drives UGI's revenue?

Per UGI CORP /PA/'s latest 10-Q filed with the SEC on 2026-05-07, the biggest revenue drivers are: Utilities ($1,471M, +17% YoY); AmeriGas Propane ($1,359M, -8% YoY); UGI International ($1,196M, -7% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/research/UGI.

What are UGI's largest expenses?

UGI CORP /PA/'s latest 10-Q reports these as the largest expense items: Cost of sales ($2,199M, -1% YoY); Operating and administrative expenses ($1,079M, +3% YoY); Depreciation and amortization ($278M, +1% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (six months ended March 31, 2026).

How often is UGI research updated on 13F Pro?

UGI's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

UGI CORP /PA/(UGI)Stock Analysis

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13F Pro Quality Score

70.3/100

Rank #319 of 2,879 stocksTOP 25%

View Utilities peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

62.6/100

Profitability

75.6/100

Balance Sheet

79.6/100

Earnings Quality

30.0/100

Free Cash Flow

65.2/100

Institutional Flow

48.6/100

Revenue Scale

85.2/100

Dilution Risk

84.3/100

UGI Stock Analysis & AI Quality Score

AI stock analysis and institutional research for UGI CORP /PA/ (UGI), a Utilities sector company. 13F Pro's AI-powered ranking engine scores UGI at 70.3/100 on a 32-signal composite quality model, placing it at rank #319 of 2,879 stocks — the top 25% of the AI-ranked universe. UGI scores in the top quartile across revenue scale (85.2), balance sheet strength (79.6), profitability (75.6). Areas of concern include earnings quality (30.0), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), UGI CORP /PA/ reports quarterly revenue of $2.7B, net income of $520.0M, free cash flow of $494.0M. Top institutional holders of UGI by reported 13-F value include BlackRock,, FMR, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. UGI trades on the NYSE exchange and files with the SEC under CIK 884614. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate UGI daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for UGI CORP /PA/ directly from SEC EDGAR. UGI CORP /PA/'s 13F Pro composite quality score has ranged between 37 and 71 since 2021, currently 70.3 — an improving long-term trajectory across 30 quarterly and live scoring snapshots.

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Fun facts about UGI CORP /PA/

Quirks, history, and lore behind UGI — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. utilities holding company · listed on NYSE · headquartered in Pennsylvania · operates across energy distribution and services.
2
The Numbers
Annual revenues in the multi-billion dollar range, with operations spanning multiple continents — not bad for a company most people have never heard of.
3
The History
Traces its roots back to the late 19th century in Pennsylvania, growing over more than a century from a regional gas utility into an international energy enterprise.
4
The Secret
A major chunk of its business is distributing liquefied petroleum gas (LPG) — propane and related fuels — to customers across Europe and the Americas.
5
The Lore
Its subsidiary AmeriGas was for years the largest retail propane distributor in the United States, keeping countless rural grills and home furnaces running.
6
The Giveaway
Think propane tanks, natural gas utilities in the Mid-Atlantic, and a ticker that sounds like a friendly grunt — this King of Prussia, PA energy stalwart has been keeping America warm since the 1800s.

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What's Driving UGI's Business? Latest 10-Q Breakdown

AI-extracted from UGI CORP /PA/'s 10-Q filed 2026-05-07 — Q2 FY2026 (six months ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

UGI reported net income of $817M (+$0M YoY; diluted EPS $3.68 vs $3.93), with adjusted earnings of $745M reflecting strong Utilities growth offset by Midstream & Marketing headwinds and LPG portfolio optimization charges.

Biggest Revenue Drivers

Total revenue: $4,768M+1.5% YoY

Utilities$1,471M+17% YoY

Higher Gas Utility base rates effective October 2025, increased purchased gas and power costs recovery, and colder weather drove core market volumes up 6%.

AmeriGas Propane$1,359M-8% YoY

Lower wholesale propane prices (19% lower at Mont Belvieu) and 3% decline in retail gallons sold due to warmer weather and customer attrition, partially offset by higher unit margins.

UGI International$1,196M-7% YoY

Lower LPG retail volumes (9% decline) from divestitures of non-core businesses and warmer weather, partially offset by stronger euro translation effects.

Midstream & Marketing$1,142M+20% YoY

Higher natural gas marketing revenues from colder weather and capacity management activities, with margin largely flat despite higher volumes.

Largest Expense Items

Cost of sales$2,199M-1% YoY

Higher purchased gas and power costs at Utilities offset by lower LPG costs and lower wholesale volumes at AmeriGas and International.

Operating and administrative expenses$1,079M+3% YoY

Higher personnel and uncollectible accounts expenses at Utilities, increased renewable energy project costs at Midstream & Marketing, and higher compensation at AmeriGas.

Depreciation and amortization$278M+1% YoY

Continued distribution system capital investment activity, particularly at Utilities.

Interest expense$222M+9% YoY

Higher interest rates and increased long-term debt outstanding at Utilities, partially offset by lower debt at AmeriGas.

Margins: Consolidated operating margin was flat to slightly positive as higher Utilities margins from base rate increases and colder weather were offset by headwinds in Midstream & Marketing (higher operating costs despite stable total margin) and AmeriGas (lower volumes). Adjusted earnings declined 4% YoY primarily due to higher income tax expenses related to decreased investment tax credits at Midstream & Marketing.

Watch Items from the Filing

UGI International recognized $62M pre-tax loss on disposals in Q2 FY2026 (three months), including $64M impairment charge on Czech Republic, Hungary, Poland and Slovakia LPG assets held for sale; total divestitures expected to yield ~$130M net proceeds.
Electric Utility divestiture agreement signed in April 2026 for $470M sale price (expected Q2 FY2027 close); PA Gas Utility and Electric Utility each filed major rate increase requests ($99M and $17M respectively) in early 2026, both suspended pending 9-month reviews.
AmeriGas Propane goodwill of $1.1B represents concentration risk; fair value exceeded carrying value by >25% in FY2025 impairment test, but sensitivity to operational performance and discount rate increases could trigger future impairment.
PAPUC filed formal complaint March 18, 2026 against UGI Utilities alleging pipeline safety violations related to West Reading explosion (March 2023); company maintains insurance but cannot predict outcome; NTSB final report (April 2025) identified thermal degradation of plastic gas assets as root cause.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$2.7B

Net Income

Q2 2026

$520.0M

Free Cash Flow

Q2 2026

$494.0M

ROIC

Q2 2026

6.7%

D/E Ratio

Q2 2026

1.25

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

+1.1% YoY

$7.29BFY 2025

FY20 $6.56BFY21 $7.45BFY24 $7.21BFY25 $7.29B

Net Income

+152.0% YoY

$678.0MFY 2025

FY20 $532.0MFY21 $1.47BFY24 $269.0MFY25 $678.0M

Operating Income

+43.8% YoY

$1.11BFY 2025

FY20 $982.0MFY21 $2.35BFY24 $770.0MFY25 $1.11B

EPS (Diluted)

+147.2% YoY

$3.09FY 2025

FY20 $2.54FY21 $6.92FY24 $1.25FY25 $3.09

Total Assets

+2.4% YoY

$15.46BFY 2025

FY20 $13.98BFY21 $16.72BFY24 $15.10BFY25 $15.46B

Total Debt

-3.7% YoY

$6.88BFY 2025

FY20 $6.14BFY21 $6.67BFY24 $7.15BFY25 $6.88B

Op. Cash Flow

+3.8% YoY

$1.23BFY 2025

FY20 $1.10BFY21 $1.48BFY24 $1.18BFY25 $1.23B

Metric	FY 2025	FY 2024	FY 2021	FY 2020	FY 2018	FY 2017
Revenue	$7.29B +1.1%	$7.21B -3.2%	$7.45B +13.5%	$6.56B -14.3%	$7.65B +25.0%	$6.12B
Net Income	$678.0M +152.0%	$269.0M -81.7%	$1.47B +175.8%	$532.0M -26.0%	$718.7M +64.6%	$436.6M
Operating Income	$1.11B +43.8%	$770.0M -67.2%	$2.35B +139.3%	$982.0M -7.8%	$1.06B +5.4%	$1.01B
EPS (Diluted)	$3.09 +147.2%	$1.25 -81.9%	$6.92 +172.4%	$2.54 -37.4%	$4.06 +65.0%	$2.46
Total Assets	$15.46B +2.4%	$15.10B -9.7%	$16.72B +19.6%	$13.98B +16.7%	$11.98B +3.4%	$11.58B
Total Debt	$6.88B -3.7%	$7.15B +7.2%	$6.67B +8.6%	$6.14B +46.1%	$4.20B -7.2%	$4.53B
Operating Cash Flow	$1.23B +3.8%	$1.18B -20.2%	$1.48B +34.4%	$1.10B +1.5%	$1.09B +12.5%	$964.4M

AI Insight: UGI Financial Trends

Q1 2026 operating income hit $758M — a new high for the series — while net income of $520M surpassed the prior peak, signaling improving earnings power in peak heating season.

• Q1 operating income rose from $700M in Q1 2025 to $758M in Q1 2026, and net income improved from $479M to $520M year-over-year.

• Equity strengthened from $4,681M in Q2 2024 to $5,419M in Q1 2026, a net gain of $738M over seven quarters.

• Total debt remains elevated and range-bound between $6,574M and $7,148M throughout the entire period, limiting balance-sheet improvement.

• Q4 2025 operating cash flow collapsed to $66M versus $164M in Q4 2024, a sharp year-over-year deterioration in the same seasonally weak quarter.

⚠ Operating cash flow in Q4 2025 dropped to $66M from $164M in Q4 2024 — monitor whether this weakness persists into off-peak quarters.

⚠ Debt ticked up to $6,792M in Q1 2026 after declining to $6,588M in Q2 2025 — leverage reduction remains elusive despite profit recovery.

⚠ Seasonal losses in Q2 and Q3 remain structural; Q2 2025 net loss widened to $-163M from $-48M in Q2 2024 — watch for off-season improvement.

AI Insight: UGI Ratio Trends

UGI's Q1 2026 operating margin hit 28.2% and ROIC reached 24.8% — the strongest readings in the observable dataset — while leverage fell to a multi-quarter low D/E of 1.25.

• Operating margin improved from 26.3% in Q1 2025 to 28.2% in Q1 2026, continuing peak-season strength year-over-year.

• ROIC expanded from 24.1% in Q1 2025 to 24.8% in Q1 2026, the highest level in the dataset.

• D/E ratio declined from 1.65 at Q3 2024 to 1.25 at Q1 2026, indicating consistent deleveraging over five quarters.

• NPM rose from 18.0% in Q1 2025 to 19.4% in Q1 2026, reinforcing bottom-line improvement alongside operating gains.

⚠ Off-peak quarters (Q2, Q3) consistently show negative NPM and ROIC — Q2 2025 NPM was -11.7% — highlighting severe seasonality risk.

⚠ D/E ticked back up to 1.44 in Q3 2025 before easing; leverage trajectory in upcoming off-peak quarters warrants monitoring.

⚠ TTM ROIC of 9.3% versus Q1 2026 annualized 24.8% underscores that full-year returns remain heavily diluted by weak off-season quarters.

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Available Research

13F Pro tracks comprehensive data for UGI CORP /PA/ including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of UGI

BlackRock, Inc.
$934.5M25,659,078 sh
FMR LLC
$512.9M14,082,427 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$434.5M11,930,765 sh
VANGUARD CAPITAL MANAGEMENT LLC
$349.8M9,605,356 sh
Neuberger Berman Group LLC
$307.0M8,427,167 sh
STATE STREET CORP
$248.3M6,749,087 sh
SNYDER CAPITAL MANAGEMENT L P
$195.5M5,366,697 sh
FULLER & THALER ASSET MANAGEMENT, INC.
$194.6M5,342,372 sh
GEODE CAPITAL MANAGEMENT, LLC
$163.6M4,492,133 sh
Point72 Asset Management, L.P.
$152.9M108,743,000 sh

Fund	Value	Shares
BlackRock, Inc.	$934.5M	25,659,078
FMR LLC	$512.9M	14,082,427
VANGUARD PORTFOLIO MANAGEMENT LLC	$434.5M	11,930,765
VANGUARD CAPITAL MANAGEMENT LLC	$349.8M	9,605,356
Neuberger Berman Group LLC	$307.0M	8,427,167
STATE STREET CORP	$248.3M	6,749,087
SNYDER CAPITAL MANAGEMENT L P	$195.5M	5,366,697
FULLER & THALER ASSET MANAGEMENT, INC.	$194.6M	5,342,372
GEODE CAPITAL MANAGEMENT, LLC	$163.6M	4,492,133
Point72 Asset Management, L.P.	$152.9M	108,743,000

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Is UGI a good stock to buy?

13F Pro's AI-powered analysis of UGI CORP /PA/ (UGI) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Utilities sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for UGI are available on the UGI stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own UGI?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling UGI. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of UGI CORP /PA/'s investment landscape.