UGI: brands it owns and its ownership tree
UGI (NYSE: UGI) is a publicly listed company headquartered in the United States that owns 3 consumer brands.[1][2]
UGI's fiscal 2025 Form 10-K lists AmeriGas Partners as an indirect wholly owned subsidiary, UGI Utilities and Mountaineer as wholly owned, and UGI International's LPG distribution business in Europe. UGI International sold its Italian business UniverGas in June 2025, and the filing says its tradenames include Antargaz, AvantiGas and Flaga.
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Company facts
- Legal name
- UGI Corporation
- Type
- publicly listed company · see all publicly listed company owners
- Headquarters
- 🇺🇸 United States
- Tickers
- NYSE: UGI
- Revenue
- $7.15 billion (2025)[2]
- SEC CIK
- 0000884614
- Last verified
- · 2 sources
What UGI's annual report says about its business
Read from UGI's latest annual filing[1]. Each line gives the sentence the filing uses, copied word for word.
Segments the filing names
- Utilities:
Our subsidiaries and affiliates operate principally in the following four business segments: Utilities Midstream & Marketing UGI International AmeriGas Propane The Utilities segment consists of the regulated natural gas (PA Gas Utility) and electric (Electric Utility) distribution businesses of our wholly owned subsidiary, UGI Utilities, and the regulated natural gas distribution business of our indirect, wholly owned subsidiary, Mountaineer.
- Midstream & Marketing, AmeriGas Propane:
The increase in adjusted net income attributable to UGI Corporation during Fiscal 2025 reflects higher earnings contributions primarily from our AmeriGas Propane and Midstream & Marketing segments, partially offset by lower earnings contributions from our UGI International segment.
- UGI International:
The UGI International segment consists of LPG distribution businesses conducted by our subsidiaries and affiliates in Austria, Belgium, the Czech Republic, Denmark, Finland, France, Hungary, Luxembourg, the Netherlands, Norway, Poland, Romania, Slovakia, Sweden and the United Kingdom.
Acquisitions and disposals named in the filing
- Acquired: Mountaintop Energy Holdings LLC (September 1, 2021).
Acquisition of Mountaintop Energy Holdings LLC, which closed on September 1, 2021
- Sold or exited: LPG distribution business in Italy (Fiscal 2025).
During Fiscal 2025, as part of our ongoing global LPG business portfolio optimization efforts, we completed the divestiture of our LPG distribution business in Italy and recently announced we entered into a definitive agreement to divest our LPG distribution business in Austria.
- Sold or exited: propane business located in Hawaii (September 2025).
In September 2025, AmeriGas OLP completed the sale of its propane business located in Hawaii.
UGI in numbers
- UGI owns 3 consumer brands tracked here across 1 top-level categories; the largest is energy with 3 brands.[1]
UGI financial history
Headline figures from UGI's annual reports filed with the US Securities and Exchange Commission, in USD as reported, fiscal years ending 2020–2025. Revenue moved from $6.45bn to $7.15bn, an average of 2.1% a year (calculated).
| Fiscal year ended | Revenue | Operating income | Operating margin | Net income | Total assets | Long-term debt | Filing |
|---|---|---|---|---|---|---|---|
| $7.15bn | $1.11bn | 15.5% | $678m | $15.5bn | $6.53bn | 10-K | |
| $7.04bn | $770m | 10.9% | $269m | $15.1bn | $6.44bn | 10-K | |
| $8.76bn | $-1,444,000,000 | -16.5% | $-1,502,000,000 | $15.4bn | $6.54bn | 10-K | |
| $9.98bn | $1.67bn | 16.7% | $1.07bn | $17.6bn | $6.48bn | 10-K | |
| $7.35bn | $2.35bn | 32.0% | $1.47bn | $16.7bn | $6.34bn | 10-K | |
| $6.45bn | $982m | 15.2% | $532m | $14bn | $5.98bn | 10-K |
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Everything UGI owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Full-screen interactive tree →
Brand portfolio by category
Recent changes to this record
UGI SEC filings
The documents behind the figures on this page, as listed in the SEC's EDGAR index. Each links to the filing itself.
Annual reports
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
Proxy statements
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
Recent current and quarterly reports
| Filed | Form | What it declares |
|---|---|---|
| 8-K | Entry into a material agreement; Creation of a direct financial obligation | |
| 8-K | Entry into a material agreement; Creation of a direct financial obligation | |
| 8-K | Departure or appointment of directors or officers | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition; Regulation FD disclosure | |
| 8-K | Entry into a material agreement; Creation of a direct financial obligation | |
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Entry into a material agreement; Termination of a material agreement; Creation of a direct financial obligation; Other events | |
| 8-K | Entry into a material agreement; Creation of a direct financial obligation | |
| 8-K | Other events | |
| 8-K | Other events | |
| 8-K | Regulation FD disclosure; Other events | |
| 8-K | Other events | |
| 8-K | Regulation FD disclosure; Other events |
Frequently asked questions
What brands does UGI own?
UGI owns 3 consumer brands tracked here, including AmeriGas, Mountaineer Gas and UGI Utilities.
Is UGI an American company?
Yes. UGI is headquartered in the United States.
Who owns UGI?
UGI is a publicly listed company owned by its shareholders; it trades as UGI on the NYSE.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] UGI Corporation Annual Report on Form 10-K filed 2025-11-21 — SEC EDGAR, SEC Form 10-K, published 21 November 2025; retrieved 5 October 2026.
- [2] UGI Corporation: Form 10-K for the year ended 2025-09-30 (revenue) — SEC EDGAR, SEC Form 10-K, published 21 November 2025; retrieved 5 October 2026.
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