---
title: "UGI | 8-K: FY2025 Revenue Misses Estimate at USD 7.287 B"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/266937528.md"
datetime: "2025-11-21T13:34:07.000Z"
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  - [zh-CN](https://longbridge.com/zh-CN/news/266937528.md)
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---

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# UGI | 8-K: FY2025 Revenue Misses Estimate at USD 7.287 B

Revenue: As of FY2025, the actual value is USD 7.287 B, missing the estimate of USD 7.408 B.

EPS: As of FY2025, the actual value is USD 3.09.

EBIT: As of FY2025, the actual value is USD 1.107 B.

### Utilities

-   **Revenue**: $1,761 million, up 10% from $1,598 million in 2024.
-   **Total Margin**: $963 million, up 4% from $924 million in 2024.
-   **Operating Income**: $397 million, up 1% from $394 million in 2024.
-   **EBIT**: $403 million, up 1% from $400 million in 2024.
-   **Capital Expenditures**: $556 million, up 15% from $482 million in 2024.

### Midstream & Marketing

-   **Revenue**: $1,483 million, up 8% from $1,369 million in 2024.
-   **Total Margin**: $494 million, down 2% from $505 million in 2024.
-   **Operating Income**: $288 million, down 4% from $301 million in 2024.
-   **EBIT**: $293 million, down 6% from $313 million in 2024.
-   **Capital Expenditures**: $114 million, down 24% from $150 million in 2024.

### UGI International

-   **Revenue**: $2,119 million, down 7% from $2,279 million in 2024.
-   **Total Margin**: $940 million, down 4% from $978 million in 2024.
-   **Operating Income**: $305 million, down 2% from $311 million in 2024.
-   **EBIT**: $314 million, down 3% from $323 million in 2024.
-   **Capital Expenditures**: $93 million, up 7% from $87 million in 2024.

### AmeriGas Propane

-   **Revenue**: $2,276 million, up slightly from $2,271 million in 2024.
-   **Total Margin**: $1,222 million, up 1% from $1,212 million in 2024.
-   **Operating Income / EBIT**: $166 million, up 17% from $142 million in 2024.
-   **Capital Expenditures**: $81 million, down 6% from $86 million in 2024.

### Cash Flow

-   **Free Cash Flow**: Approximately $530 million, inclusive of cash generated from asset sales.
-   **Free Cash Flow for FY25**: $390 million, slightly up from $386 million in FY24.
-   **Net Cash from Operating Activities**: $1,227 million, up from $1,182 million in FY24.

### Adjusted Diluted EPS

-   FY25 GAAP diluted EPS was $3.09 compared to $1.25 in FY24.
-   Adjusted diluted EPS increased from $3.06 in FY24 to $3.32 in FY25, reflecting an 8% YoY growth.

### Leverage

-   UGI Corporation’s leverage was 3.9x as of September 30, 2025.

### Outlook / Guidance

UGI Corporation provides an adjusted EPS guidance range of $2.90 - $3.15 per diluted share for fiscal year 2026, assuming normal weather and the current tax regime. The company expects a 5 - 7% growth in reportable segments EBIT and has increased its expected EPS compound annual growth rate to 5 - 7% between FY24 and FY29.

### Related Stocks

- [UGI Corporation (UGI.US)](https://longbridge.com/en/quote/UGI.US.md)

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