UGI
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

202520252026202620272028
Price/Earnings ratio
11.8511.8711.5412.3611.5411.03
Price/Sales ratio
0.780.730.770.720.800.79
Earnings per Share (EPS)
$2.94$2.93$3.02$2.82$3.02$3.16

Historical Multiples (2015 – 2024)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
21.4521.4718.6313.3035.0312.956.076.32-3.2120.0121.8621.86
Price/Sales ratio
0.901.371.321.251.221.051.190.670.540.740.831.05
Price/Book Value ratio
2.232.752.572.592.341.661.611.111.101.231.351.66
Price/Cash Flow ratio
5.178.078.438.818.326.256.019.474.354.554.976.25
Price/Free Cash Flow ratio
8.9519.2925.0018.7124.0415.4111.26-77.1236.2813.9415.5615.56
Price/Earnings Growth ratio
-1.260.710.980.20-0.530.160.03-0.230.01-0.172.89-0.53
Dividend Yield
6.67%5.33%5.29%4.60%2.22%3.96%3.16%4.36%6.38%5.90%5.35%2.22%
Profitability Indicator Ratios
Gross Profit Margin
44.15%57.12%53.64%46.73%40.94%51.98%64.89%40.89%22.30%51.05%45.79%40.94%
Operating Profit Margin
12.47%17.37%16.50%13.91%8.42%14.97%31.55%16.48%-16.17%10.67%9.69%8.42%
Pretax Profit Margin
8.84%12.48%11.45%11.17%5.47%10.16%26.70%13.72%-20.57%4.71%4.71%10.16%
Net Profit Margin
4.19%6.41%7.13%9.39%3.49%8.11%19.69%10.61%-16.82%3.73%3.73%3.49%
Effective Tax Rate
30.04%31.15%25.32%3.85%23.19%20.23%26.24%22.56%18.23%20.88%5.58%20.23%
Return on Assets
2.67%3.36%3.76%6.00%1.91%3.80%8.77%6.10%-9.75%1.78%1.78%3.80%
Return On Equity
10.43%12.82%13.80%19.53%6.70%12.88%26.56%17.68%-34.24%6.19%5.88%12.88%
Return on Capital Employed
9.44%10.50%10.21%10.39%5.45%8.02%16.29%11.01%-11.00%5.90%5.36%8.02%
Liquidity Ratios
Current Ratio
0.860.981.001.090.770.87N/AN/AN/AN/A0.800.77
Quick Ratio
0.720.840.830.900.650.741.211.280.700.600.600.74
Cash ratio
0.220.340.330.260.220.190.370.160.100.100.100.19
Days of Sales Outstanding
34.4636.2338.1736.5332.7141.5150.1446.1538.7135.8940.5432.71
Days of Inventory outstanding
23.4331.4935.8428.5019.4127.9365.4840.6322.7842.5038.3719.41
Operating Cycle
57.8967.7274.0165.0352.1269.44115.6286.7961.4978.4078.9252.12
Days of Payables Outstanding
38.3858.5756.5550.3237.0655.05116.8754.4432.2556.2650.7937.06
Cash Conversion Cycle
19.519.1417.4514.7115.0614.39-1.2432.3429.2422.1328.1215.06
Debt Ratios
Debt Ratio
0.360.370.390.380.490.430.380.370.420.440.470.47
Debt Equity Ratio
1.431.431.431.241.721.461.161.091.491.531.641.64
Long-term Debt to Capitalization
0.550.560.550.520.600.590.530.510.590.590.590.59
Total Debt to Capitalization
0.580.580.580.550.630.590.530.520.590.600.620.62
Interest Coverage Ratio
3.344.234.494.842.303.16N/AN/AN/AN/A1.773.16
Cash Flow to Debt Ratio
0.300.230.210.230.160.180.220.100.160.170.160.16
Company Equity Multiplier
3.903.813.663.253.493.383.022.893.513.473.473.47
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.170.170.150.140.140.160.190.070.120.160.160.14
Free Cash Flow / Operating Cash Flow Ratio
0.570.410.330.470.340.400.53-0.120.120.320.320.40
Cash Flow Coverage Ratio
0.300.230.210.230.160.180.220.100.160.170.160.16
Short Term Coverage Ratio
2.593.011.772.441.3120.7913.464.8019.425.021.691.31
Dividend Payout Ratio
143.20%114.61%98.60%61.19%77.92%51.31%19.22%27.58%-20.50%118.21%118.21%77.92%