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Side-by-side financial comparison of Grupo Aeromexico, S.A.B. de C.V. (AERO) and UGI CORP (UGI). Click either name above to swap in a different company.

UGI CORP is the larger business by last-quarter revenue ($2.1B vs $1.4B, roughly 1.4× Grupo Aeromexico, S.A.B. de C.V.). UGI CORP runs the higher net margin — 14.4% vs 11.5%, a 2.9% gap on every dollar of revenue.

Grupo Aeromexico is Mexico's flagship airline holding company, offering domestic and international passenger and cargo air transport services. It operates a wide route network covering North America, South America, Europe and Asia, serving leisure and business travel segments with a modern commercial aircraft fleet.

UGI Corporation is a natural gas and electric power distribution company headquartered in King of Prussia, Pennsylvania, with extensive operations in the United States and Europe.

AERO vs UGI — Head-to-Head

Bigger by revenue
UGI
UGI
1.4× larger
UGI
$2.1B
$1.4B
AERO
Higher net margin
UGI
UGI
2.9% more per $
UGI
14.4%
11.5%
AERO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AERO
AERO
UGI
UGI
Revenue
$1.4B
$2.1B
Net Profit
$165.0M
$297.0M
Gross Margin
Operating Margin
21.1%
22.0%
Net Margin
11.5%
14.4%
Revenue YoY
3.9%
Net Profit YoY
-20.8%
EPS (diluted)
$1.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AERO
AERO
UGI
UGI
Q4 25
$1.4B
$2.1B
Q3 25
$1.2B
Q2 25
$1.4B
Q1 25
$2.6B
Q4 24
$2.0B
Q3 24
$1.2B
Q2 24
$1.4B
Q1 24
$2.4B
Net Profit
AERO
AERO
UGI
UGI
Q4 25
$165.0M
$297.0M
Q3 25
$-13.0M
Q2 25
$-163.0M
Q1 25
$479.0M
Q4 24
$375.0M
Q3 24
$-273.0M
Q2 24
$-48.0M
Q1 24
$496.0M
Operating Margin
AERO
AERO
UGI
UGI
Q4 25
21.1%
22.0%
Q3 25
1.1%
Q2 25
-6.8%
Q1 25
26.6%
Q4 24
24.5%
Q3 24
-20.4%
Q2 24
5.0%
Q1 24
29.7%
Net Margin
AERO
AERO
UGI
UGI
Q4 25
11.5%
14.4%
Q3 25
-1.1%
Q2 25
-12.0%
Q1 25
18.2%
Q4 24
18.9%
Q3 24
-22.6%
Q2 24
-3.6%
Q1 24
20.6%
EPS (diluted)
AERO
AERO
UGI
UGI
Q4 25
$1.34
Q3 25
$-0.08
Q2 25
$-0.76
Q1 25
$2.19
Q4 24
$1.74
Q3 24
$-1.26
Q2 24
$-0.23
Q1 24
$2.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AERO
AERO
UGI
UGI
Cash + ST InvestmentsLiquidity on hand
$251.0M
Total DebtLower is stronger
$6.0B
Stockholders' EquityBook value
$5.0B
Total Assets
$15.8B
Debt / EquityLower = less leverage
1.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AERO
AERO
UGI
UGI
Q4 25
$251.0M
Q3 25
$335.0M
Q2 25
$350.0M
Q1 25
$426.0M
Q4 24
$240.0M
Q3 24
$213.0M
Q2 24
$183.0M
Q1 24
$263.0M
Total Debt
AERO
AERO
UGI
UGI
Q4 25
$6.0B
Q3 25
$6.5B
Q2 25
$5.7B
Q1 25
$6.6B
Q4 24
$6.6B
Q3 24
$6.4B
Q2 24
$6.3B
Q1 24
$6.7B
Stockholders' Equity
AERO
AERO
UGI
UGI
Q4 25
$5.0B
Q3 25
$4.8B
Q2 25
$4.9B
Q1 25
$5.0B
Q4 24
$4.6B
Q3 24
$4.3B
Q2 24
$4.7B
Q1 24
$4.8B
Total Assets
AERO
AERO
UGI
UGI
Q4 25
$15.8B
Q3 25
$15.5B
Q2 25
$15.4B
Q1 25
$15.7B
Q4 24
$15.4B
Q3 24
$15.1B
Q2 24
$15.1B
Q1 24
$15.6B
Debt / Equity
AERO
AERO
UGI
UGI
Q4 25
1.19×
Q3 25
1.37×
Q2 25
1.17×
Q1 25
1.32×
Q4 24
1.44×
Q3 24
1.48×
Q2 24
1.34×
Q1 24
1.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AERO
AERO
UGI
UGI
Operating Cash FlowLast quarter
$66.0M
Free Cash FlowOCF − Capex
$-155.0M
FCF MarginFCF / Revenue
-7.5%
Capex IntensityCapex / Revenue
10.7%
Cash ConversionOCF / Net Profit
0.22×
TTM Free Cash FlowTrailing 4 quarters
$282.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AERO
AERO
UGI
UGI
Q4 25
$66.0M
Q3 25
$90.0M
Q2 25
$289.0M
Q1 25
$684.0M
Q4 24
$164.0M
Q3 24
$151.0M
Q2 24
$390.0M
Q1 24
$522.0M
Free Cash Flow
AERO
AERO
UGI
UGI
Q4 25
$-155.0M
Q3 25
$-168.0M
Q2 25
$67.0M
Q1 25
$538.0M
Q4 24
$-47.0M
Q3 24
$-115.0M
Q2 24
$185.0M
Q1 24
$353.0M
FCF Margin
AERO
AERO
UGI
UGI
Q4 25
-7.5%
Q3 25
-14.4%
Q2 25
4.9%
Q1 25
20.4%
Q4 24
-2.4%
Q3 24
-9.5%
Q2 24
13.7%
Q1 24
14.6%
Capex Intensity
AERO
AERO
UGI
UGI
Q4 25
10.7%
Q3 25
22.1%
Q2 25
16.3%
Q1 25
5.5%
Q4 24
10.6%
Q3 24
22.0%
Q2 24
15.2%
Q1 24
7.0%
Cash Conversion
AERO
AERO
UGI
UGI
Q4 25
0.22×
Q3 25
Q2 25
Q1 25
1.43×
Q4 24
0.44×
Q3 24
Q2 24
Q1 24
1.05×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AERO
AERO

Passenger$1.3B91%
Air Cargo$82.0M6%
Other$52.0M4%

UGI
UGI

Segment breakdown not available.

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