Ugi's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Ugi (UGI) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Ugi vs Its Competitors
- TTM: Trailing 12-month revenue of 7,296M vs 95M combined for tracked competitors (98.7% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-27.0% annualized vs trailing 12 months), vs accelerating (+17.2%) for its tracked peer group.
- Growth: Ugi generated -4.5% revenue growth year over year in Q3 2026, vs 40.9% for its tracked competitors combined.
- Profitability: Its -10.0% net margin compares with -23.9% for the peer group.
- Scale: Ugi ranks #19 of 49 companies by market capitalization in the Natural Gas Utilities industry, holding 0.8% of industry market cap.
- Peer revenue share: Ugi accounted for 98.0% of combined revenue among its tracked peer group, down from 98.6% a year earlier.
- Peer differentiation: Revenue per employee of $1.49M compares with $11.07M for the peer group (0.1x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
UGI Sales vs. its Competitors, Q3 2026
Ugi reported revenue contraction of 4.52 % year on year in Q3 2026, below its competitors' combined revenue growth of 40.91 %.
With a net margin of -9.99 %, Ugi achieved higher profitability than its competitors (-23.87 %).
Ugi generated 97.96 % of the combined sales of its peer group, down from 98.61 % a year earlier.
Ugi vs. its Competitors, Q3 2026
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Ugi and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Ugi Corporation | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (7) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (3) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Ugi's competitor groups requires a Commercial License.
For context: the Natural Gas Utilities industry grew revenue 24.5% year over year, combined, vs -4.5% for Ugi. Ugi's share of combined industry revenue moved from 0.59% to 0.45%, a loss of 0.14 percentage points.
Ugi's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Ugi Corporation | Yes | No | No | No |
| Competitors combined (2) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 62.50 % (5 of 8) | 12.50 % (1 of 8) | 57.10 % (4 of 7) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
UGI Stock Performance relative to its Competitors
UGI Stock Performance relative to Similar-Size Competitors
UGI Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Nextnrg Inc | 282.9% | Outperformed |
| 2 | Ferrellgas Partners L P | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Ugi's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Ugi Corporation
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Ugi Corporation | 7,780.37 | 7,296.00 |
| Nextnrg Inc | 14.24 | 94.68 |
| Ferrellgas Partners L P | 3.04 | 1,864.79 |
| SUBTOTAL | 7,797.64 | 9,255.47 |
Sources: Ugi Corporation's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Ugi Corporation versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Ugi's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Ugi Corporation | UGI Utilities, Inc. 32.77 % |
| Nextnrg Inc | Mobile Fuel Delivery 100.00 % |
| Ferrellgas Partners L P | Propane operation and related equipment sales segment 100.00 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Ugi's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Ugi Corporation | 7,780 | 1,492,025 | 137,219 |
| Nextnrg Inc | 14 | 534,905 | -341,785 |
| Ferrellgas Partners L P | 3 | - | - |
| PEERS TOTAL | 17 | 11,070,447 | -1,047,203 |
Ugi's Position in Industry Market Structure
Market-capitalization share and concentration across all 48 companies in Ugi's industry classification, broader than the peer set above. Market cap in millions of $.Ugi ranks #19 of 48 companies by market capitalization in its industry, holding 0.80 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 599, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Enbridge Inc | 102,251 | 10.44 % |
| 2 | Williams companies inc | 83,937 | 8.57 % |
| 3 | Enterprise Products Partners L p | 80,470 | 8.21 % |
| 4 | Energy Transfer Lp | 69,678 | 7.11 % |
| 5 | Kinder Morgan Inc | 1,234 | 5.2% |
| 6 | Tc Energy Corporation | 1,234 | 5.2% |
| 7 | Targa Resources Corp | 1,234 | 5.2% |
| 8 | Cheniere Energy Partners L p | 1,234 | 5.2% |
| 9 | Mplx Lp | 1,234 | 5.2% |
| 10 | Cheniere Energy Inc | 1,234 | 5.2% |
| 19 | Ugi Corporation | 7,845 | 0.80 % |
Market cap and industry share for the rest of Ugi's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Ugi's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 14 | Hf Sinclair Corporation | 19,273 | 98.89 % |
| 15 | Western Midstream Partners Lp | 18,120 | 14.93 % |
| 16 | Plains All American Pipeline Lp | 15,423 | 21.70 % |
| 17 | Dt Midstream Inc | 12,563 | 10.17 % |
| 18 | Antero Midstream Corporation | 1,234 | 12.3% |
| 19 | Ugi Corporation | 7,845 | 11.95 % |
| 20 | National Fuel Gas Company | 1,234 | 12.3% |
| 21 | South Bow Corporation | 1,234 | 12.3% |
| 22 | Southwest Gas Holdings Inc | 1,234 | 12.3% |
| 23 | Archrock inc | 1,234 | 12.3% |
| 24 | Plains Gp Holdings Lp | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Ugi's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Ugi's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Natural Gas Utilities industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (81 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 51.34 % | 58.03 % (avg) | -6.7 pp |
| Operating Margin | 16.19 % | industry median | -0.6 pp |
| EBITDA Margin | 24.41 % | 31.10 % (avg) | -6.7 pp |
| Capital Intensity (Capex / Revenue) | - | 20.19 % (avg) | - |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Ugi's Valuation vs Competitive Position
Valuation multiples vs the Natural Gas Utilities industry average (81 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 11.7x | 21.6x | -9.9x |
| EV / EBITDA | 7.8x | 11.4x | -3.6x |
| P/B | 1.5x | 2.6x | -1.1x |
| Return on Equity | 13.27 % | industry aggregate | -15.87 % |
| Return on Invested Capital | 6.06 % | 6.01 % (avg) | 0.05 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Ugi's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | -43.82 % | 243.45 % | 72.89 % | 26.28 % | 24.47 % | -18.66 % | -14.13 % | 3.10 % |
| Operating Margin | 19.99 % | 11.16 % | 17.07 % | 21.74 % | 5.20 % | -0.10 % | 14.40 % | 14.63 % |
| Return on Invested Capital | 4.64 % | 4.18 % | 6.72 % | 9.39 % | 2.56 % | -0.04 % | 5.75 % | 5.63 % |
| P/E | 25.3x | - | 12.0x | 9.0x | 46.5x | - | 10.9x | 13.7x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Ugi's Strategic Group Map
Every company in Ugi's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Ugi is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Ugi's BCG Growth-Share Matrix
Relative market share (vs Ugi's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Ugi falls in the Dog quadrant: relative market share of 0.08x vs its largest competitor, in an industry growing revenue 6.7% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Ugi's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 599 (see Industry Market Structure & Concentration above) |
| Supplier Power | Not covered on this page | See Ugi's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Ugi's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Ugi's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Ugi falls in the Medium attractiveness / Low strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Ugi's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Return on equity 15.9 points below the industry aggregate.
- Latest-quarter revenue run-rate is decelerating (-27.0% annualized vs trailing 12 months).
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.08x).
Opportunities
- Trades at a lower P/E than the industry average (11.7x vs 21.6x) despite a higher return on invested capital -- a possible re-rating opportunity.
- A meaningful share of tracked competitors (100.00 %) show financial-distress signals, a possible opening to gain share.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Ugi's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Ugi Corporation | 0.20 | 1.03 | 1.33 |
| Nextnrg Inc | 0.02 | 0.15 | - |
| Ferrellgas Partners L P | - | 0.77 | - |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Ugi's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Ugi Corporation | Q2 2026 | -4.5 % | - |
| Nextnrg Inc | Q2 2026 | +40.9 % | - |
| Ferrellgas Partners L P | Q1 2026 | -6.5 % | -52.7 % |
| PEERS TOTAL | -4.6 % | - |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Ugi's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Ugi Corporation | Q2 2026 | -9.4 % | +1.8 % |
| Nextnrg Inc | Q2 2026 | +42.3 % | - |
| Ferrellgas Partners L P | Q1 2026 | -14.0 % | +4.1 % |
Ugi's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Ugi Corporation | 4.28% | 4.57% | 13.27% |
| Nextnrg Inc | - | - | - |
| Ferrellgas Partners L P | - | - | - |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Ugi's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Ugi Corporation | 12.11 | 1.07 |
| Nextnrg Inc | - | 0.15 |
| Ferrellgas Partners L P | - | 0.00 |
| PEERS AVERAGE | 16.06 | 0.84 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.