---
schema_version: "secwatch.filing_event.v1"
accession: "0000884614-23-000094"
form_type: "8-K"
ticker: "UGI"
cik: "0000884614"
company_name: "UGI CORP /PA/"
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-08T00:43:48.444298+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# UGI reports fiscal 2023 GAAP net loss of $1.5B, adjusted EPS $2.84; guides FY2024 EPS $2.70-$3.00

## Summary
- GAAP net loss $1,502M ($7.16 EPS) vs prior net income $1,073M ($4.97 EPS); adjusted EPS $2.84 vs $2.90.
- Record EBIT at Utilities and Midstream & Marketing; Utilities deployed $563M capital, added ~13,000 customers.
- Divested UK and Belgium energy marketing in fiscal year; completed sale of France portfolio in October 2023.
- Committed over $500M to renewable RNG projects; two NY RNG plants with annual capacity 140M cubic feet.
- Fiscal 2024 adjusted EPS guidance $2.70-$3.00, assuming normal weather and current tax regime.

## SEC filing metadata
- accession: 0000884614-23-000094
- form_type: 8-K
- ticker: UGI
- cik: 0000884614
- company_name: UGI CORP /PA/
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884614/000088461423000094/0000884614-23-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884614/000088461423000094/ugi-20231116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000884614-23-000094
- JSON: https://secwatch.observer/filing/0000884614-23-000094.json
- Plain text: https://secwatch.observer/filing/0000884614-23-000094.txt

## Key facts
- Earnings Releases
  UGI CORP /PA/ reported the fiscal year ending September 30, 2024 results: EPS adjusted diluted EPS guidance range of $2.70 - $3.00. Guidance initiated.
  - Period: the fiscal year ending September 30, 2024
  - EPS: adjusted diluted EPS guidance range of $2.70 - $3.00
  - Guidance: initiated
  - Result: guidance update
  source text: UGI provides an adjusted EPS guidance range of $2.70 - $3.00 2 per diluted share for the fiscal year ending September 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884614/000088461423000094/0000884614-23-000094-index.htm
- Earnings Releases
  UGI CORP /PA/ reported the fiscal year ended September 30, 2023 results: net income GAAP net loss of $(1,502) million and adjusted net income of $613 million, EPS GAAP diluted (loss) earnings per share ("EPS") of $(7.16) and adjusted diluted EPS of $2.84. Guidance initiated.
  - Period: the fiscal year ended September 30, 2023
  - Net income: GAAP net loss of $(1,502) million and adjusted net income of $613 million
  - EPS: GAAP diluted (loss) earnings per share ("EPS") of $(7.16) and adjusted diluted EPS of $2.84
  - Guidance: initiated
  - Result: reported results
  source text: UGI Corporation (NYSE: UGI) reported financial results for the fiscal year ended September 30, 2023 and provided guidance for fiscal year 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884614/000088461423000094/0000884614-23-000094-index.htm

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