---
schema_version: "secwatch.filing_event.v1"
accession: "0000884614-22-000058"
form_type: "8-K"
ticker: "UGI"
cik: "0000884614"
company_name: "UGI CORP /PA/"
filed_at: "2022-11-18T23:59:59+00:00"
generated_at: "2026-06-21T16:18:57.981289+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# UGI reports FY2022 adjusted EPS $2.90 vs $2.96; issues FY2023 guidance $2.85-$3.15

## Summary
- GAAP net income $1,073M ($4.97 diluted EPS) vs $1,467M ($6.92) prior year; adjusted net income $626M ($2.90 diluted EPS) vs $629M ($2.96).
- Reportable segments EBIT record $1,166M (up from $1,134M), driven by Utilities and Midstream & Marketing.
- Divested UK energy marketing Oct 21, 2022; plans to sell French unit in Q1 FY2023 and wind down Belgium/Netherlands operations.
- FY2023 adjusted diluted EPS guidance $2.85-$3.15; long-term 6%-10% EPS growth target reiterated.
- Record capital spending $562M in FY2022; added over 14,000 residential/commercial heating customers at Utilities.

## SEC filing metadata
- accession: 0000884614-22-000058
- form_type: 8-K
- ticker: UGI
- cik: 0000884614
- company_name: UGI CORP /PA/
- filed_at: 2022-11-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884614/000088461422000058/0000884614-22-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884614/000088461422000058/ugi-20221117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000884614-22-000058
- JSON: https://secwatch.observer/filing/0000884614-22-000058.json
- Plain text: https://secwatch.observer/filing/0000884614-22-000058.txt

## Key facts
- Earnings Releases
  UGI CORP /PA/ reported the fiscal year ended September 30, 2022 results: net income GAAP net income of $1,073 million and adjusted net income of $626 million, EPS GAAP diluted earnings per share (“EPS”) of $4.97 and adjusted diluted EPS of $2.90. Guidance initiated.
  - Period: the fiscal year ended September 30, 2022
  - Net income: GAAP net income of $1,073 million and adjusted net income of $626 million
  - EPS: GAAP diluted earnings per share (“EPS”) of $4.97 and adjusted diluted EPS of $2.90
  - Guidance: initiated
  - Result: reported results
  source text: UGI Corporation (the “Company”) issued a press release announcing financial results for the Company for the fiscal quarter and year ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884614/000088461422000058/0000884614-22-000058-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.