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UGI CORP /PA/

For the period ended Sep 30, 2025. Filed Nov 21, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Nov 21, 2025

UGI$37.49+1.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Table of Contents

Page
Glossary of Terms and Abbreviations2
Forward-Looking Information9
PART I:
Items 1. and 2. Business and Properties10
Item 1A. Risk Factors31
Item 1B. Unresolved Staff Comments43
Item 1C. Cybersecurity43
Item 3. Legal Proceedings43
Item 4. Mine Safety Disclosures44
PART II:
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities45
Item 6. Reserved47
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations47
Item 7A. Quantitative and Qualitative Disclosures About Market Risk68
Item 8. Financial Statements and Supplementary Data68
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure68
Item 9A. Controls and Procedures68
Item 9B. Other Information71
Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections71
PART III:
Item 10. Directors, Executive Officers and Corporate Governance72
Item 11. Executive Compensation72
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters72
Item 13. Certain Relationships and Related Transactions and Director Independence72
Item 14. Principal Accounting Fees and Services72
PART IV:
Item 15. Exhibits and Financial Statement Schedules75
Signatures89
Index to Financial Statements and Financial Statement SchedulesF-2
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.