UGI (UGI) Return-on-Tangible-Equity: -23.82% (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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UGI UGI Corp UGI
67 GF Score
Price $34.18
GF Value $24.27
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is UGI Return-on-Tangible-Equity?

UGI UGI -0.29% 67 Return-on-Tangible-Equity is -23.82% as of Jun. 2026. GuruFocus rates UGI with a GF Score™ of 67/100 and a GF Value™ of $24.27 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 497 Utilities - Regulated companies, UGI ranks better than 84.1% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. UGI's annualized net income for the quarter that ended in Jun. 2026 was $-532 Mil. UGI's average shareholder tangible equity for the quarter that ended in Jun. 2026 was $2,233 Mil. Therefore, UGI's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was -23.82%.

The historical rank and industry rank for UGI's Return-on-Tangible-Equity or its related term are showing as below:

UGI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -104.67   Med: 50.6   Max: 266.24
Current: 34.76

During the past 13 years, UGI's highest Return-on-Tangible-Equity was 266.24%. The lowest was -104.67%. And the median was 50.60%.

UGI's Return-on-Tangible-Equity is ranked better than
84.1% of 497 companies
in the Utilities - Regulated industry
Industry Median: 10.87 vs UGI: 34.76

UGI  (NYSE:UGI) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


UGI Return-on-Tangible-Equity Related Terms


UGI Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for UGI's Return-on-Tangible-Equity 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.

UGI Return-on-Tangible-Equity Chart

UGI Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 266.24 68.72 -104.67 26.91 50.60

UGI Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -37.82 -3.21 68.87 99.64 -23.82

UGI vs SWX, NJR, BKH: Return-on-Tangible-Equity Comparison

For the Utilities - Regulated Gas subindustry, UGI's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


UGI Return-on-Tangible-Equity vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, UGI's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where UGI's Return-on-Tangible-Equity falls into.


UGI
67GF Score
UGI Corp UGI
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UGI Return-on-Tangible-Equity Calculation

UGI's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=678/( (1083+1597 )/ 2 )
=678/1340
=50.60 %

UGI's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=-532/( (2322+2144)/ 2 )
=-532/2233
=-23.82 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -23.82% mean?
UGI (UGI) has a Return-on-Tangible-Equity of -23.82% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on UGI and its competitors. According to the industry distribution chart, UGI ranks #79 out of 497 companies in the Utilities - Regulated industry, placing it in the top 15.9%.
Is UGI's Return-on-Tangible-Equity too high?
UGI's current Return-on-Tangible-Equity is -23.82%. Based on the distribution chart, UGI ranks #79 out of 497 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, UGI has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does UGI's Return-on-Tangible-Equity compare to SWX and NJR?
According to the Utilities - Regulated industry distribution chart, UGI ranks #79 out of 497 companies for Return-on-Tangible-Equity. This places UGI in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.87. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.87, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on UGI and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UGI's current Return-on-Tangible-Equity is -23.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UGI stock overvalued right now?
Based on GuruFocus' analysis, UGI (UGI) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.27, compared to a current price of $34.18 — trading 40.8% above its estimated fair value. The current Return-on-Tangible-Equity is -23.82%. UGI's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For UGI (UGI), the current Return-on-Tangible-Equity is -23.82% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is UGI (UGI) Overvalued in 2026?

Based on GuruFocus' analysis, UGI stock appears to be overvalued. The current stock price of $34.18 is trading 40.8% above its estimated GF Value™ of $24.27. GuruFocus considers UGI to be Significantly Overvalued.

Key valuation signals for UGI:

  • Return-on-Tangible-Equity: -23.82%
  • GF Value™: $24.27 vs. price of $34.18 (40.8% above fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the UGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UGI Business Description

Other Exchanges 3U6:Germany
Address 500 North Gulph Road, King of Prussia, PA, USA, 19406
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 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 Utilities segment consists of the regulated natural gas and electric distribution. The company derives a majority of its revenue from the UGI International segment.
67GF Score

Get the complete analysis for UGI

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$34.18
Price
$24.27
GF Value