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Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $6,559 | $7,447 | $10,106 | $8,928 | $7,210 |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| Operating Income | $982 | $2,350 | $1,666 | -$1,444 | $770 |
| Net Income | $532 | $1,467 | $1,073 | -$1,502 | $269 |
Over the five-year period, UGI Corporation’s revenue trends indicate growth followed by contraction. Revenue increased from USD 6.56 billion in 2020 to a peak of USD 10.11 billion in 2022, representing a strong uptick before declining to USD 8.93 billion in 2023 and further to USD 7.21 billion in 2024. Although gross profit data is consistently absent across the years, the available operating income figures show notable volatility. The operating income more than doubled in 2021 (USD 2.35 billion) compared to 2020 (USD 982 million), suggesting strong operational performance early in the period. However, a significant swing occurred in 2023, where operating income fell by over 180% from the previous high, turning negative at USD -1.44 billion. The slight recovery to USD 770 million in 2024 still represents a substantial decline compared to earlier positive years. Net income trends mirror the operating income performance. Rising from USD 532 million in 2020 to USD 1.47 billion in 2021, net income further climbed to USD 1.07 billion in 2022 before plummeting to a negative USD -1.50 billion in 2023 and recovering somewhat to USD 269 million in 2024. The significant year-over-year swings—particularly the negative turnaround in 2023—suggest that UGI Corporation faced considerable operational or market challenges during that year, which could include shifts in regulatory, competitive, or market demand factors in the utilities sector. Overall, while the earlier years reflect robust growth and profitability, the near-term performance indicates volatility and operational headwinds, warranting focused attention on cost management and strategic repositioning to ensure long-term financial sustainability.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.