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UGI (UGI) operating margin by quarter

UGI's operating margin was 28.2% in Q2 FY26 (second quarter fiscal 2026), +6.4 pts from Q1 FY26. Over the last 3 quarters it ranged from 21.8% (Q1 FY26) to 28.2% (Q2 FY26).

UGI operating margin by quarterUGI operating margin by quarter26.3%Q2 FY2521.8%Q1 FY2628.2%Q2 FY26
QuarterOperating marginQ/QY/Y
Q2 FY2628.2%+6.4 pts+2.0 pts
Q1 FY2621.8%-4.5 pts—
Q2 FY2526.3%——

Q2 FY26 at a glance

UGI, Q2 FY26: revenue $2.7B (+0.7% year over year), operating margin 28.2%, net earnings $520M, operating cash flow $664M. The chart follows the revenue to costs, profit and cash.

Questions

What is UGI's operating margin?

UGI's operating margin was 28.2% in Q2 FY26 (second quarter fiscal 2026), +6.4 pts from Q1 FY26.

How has UGI's operating margin changed?

Over the last 3 quarters it ranged from 21.8% (Q1 FY26) to 28.2% (Q2 FY26).

Q2 FY26 results → · How UGI makes money →