UGI (UGI) Retained Earnings : $3,042 Mil (As of Dec. 2023)

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What is UGI Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. UGI's retained earnings for the quarter that ended in Dec. 2023 was $3,042 Mil.

UGI's quarterly retained earnings increased from Jun. 2023 ($2,974 Mil) to Sep. 2023 ($3,027 Mil) and increased from Sep. 2023 ($3,027 Mil) to Dec. 2023 ($3,042 Mil).

UGI's annual retained earnings increased from Sep. 2021 ($4,081 Mil) to Sep. 2022 ($4,841 Mil) but then declined from Sep. 2022 ($4,841 Mil) to Sep. 2023 ($3,027 Mil).

UGI Retained Earnings Historical Data

The historical data trend for UGI's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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UGI Retained Earnings Chart

UGI Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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2,653.00

2,908.00

4,081.00

4,841.00

3,027.00

UGI Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															3,808.00	3,842.00	2,974.00	3,027.00	3,042.00

UGI Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

UGI (NYSE:UGI) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

UGI (UGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » UGI Corp (NYSE:UGI) » Definitions » Retained Earnings

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Traded in Other Exchanges

3U6:Germany 3U6:Germany

Address

500 North Gulph Road, King of Prussia, PA, USA, 19406

Website

https://www.ugicorp.com

UGI Corp is an American holding company that, through its subsidiaries, is involved in the transport and marketing of energy and related services. Its segments include AmeriGas Propane, UGI International, Midstream & Marketing and UGI Utilities. The AmeriGas Propane segment consists of the propane distribution business. The UGI International segment consists of LPG distribution businesses. The Midstream & Marketing segment consists of energy-related businesses. The UGI Utilities segment consists of the regulated natural gas and electric distribution. The company derives a majority of its revenue from the UGI International segment.

Executives

Santiago Seage	director	500 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Kathleen Shea-ballay	officer: GC and Chief Legal Officer	1818 MARKET STREET, SUITE 1500, PHILADELPHIA PA 19103-3615
Roger Perreault	director, officer: President & CEO	460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Sean O'brien	officer: Chief Financial Officer	370 17TH STREET, SUITE 2500, DENVER CO 80202
Alan N Harris	director	5400 WESTHEIMER COURT, HOUSTON TX 77056-5310
Cindy J Miller	director	2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
William J Marrazzo	director
Kelly A Romano	director	C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
M Shawn Bort	director	460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Ted A Dosch	director	C/O ANIXTER INC., 2301 S. PATRIOT BLVD., GLENVIEW IL 60026
Stallings James B Jr	director	601 RIVERSIDE AVE, JACKSONVILLE FL 32204
Mario Longhi Filho	director	ITT INC., 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Frank S Hermance	director	AMETEK, INC., 1100 CASSATT ROAD, BERWYN PA 19312
Robert F. Beard	officer: Chief Operations Officer	460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
John Koerwer	officer: Chief Information Officer	460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406