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Side-by-side financial comparison of UGI CORP (UGI) and Vertiv Holdings Co (VRT). Click either name above to swap in a different company.

Vertiv Holdings Co is the larger business by last-quarter revenue ($2.6B vs $2.1B, roughly 1.3× UGI CORP). Vertiv Holdings Co runs the higher net margin — 14.7% vs 14.4%, a 0.3% gap on every dollar of revenue. On growth, Vertiv Holdings Co posted the faster year-over-year revenue change (30.1% vs 3.9%). Vertiv Holdings Co produced more free cash flow last quarter ($652.8M vs $-155.0M). Over the past eight quarters, Vertiv Holdings Co's revenue compounded faster (16.5% CAGR vs -7.5%).

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.

Vertiv is an American multinational provider of critical infrastructure and services for data centers, communication networks, and commercial and industrial environments.

UGI vs VRT — Head-to-Head

Bigger by revenue
VRT
VRT
1.3× larger
VRT
$2.6B
$2.1B
UGI
Growing faster (revenue YoY)
VRT
VRT
+26.3% gap
VRT
30.1%
3.9%
UGI
Higher net margin
VRT
VRT
0.3% more per $
VRT
14.7%
14.4%
UGI
More free cash flow
VRT
VRT
$807.8M more FCF
VRT
$652.8M
$-155.0M
UGI
Faster 2-yr revenue CAGR
VRT
VRT
Annualised
VRT
16.5%
-7.5%
UGI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
UGI
UGI
VRT
VRT
Revenue
$2.1B
$2.6B
Net Profit
$297.0M
$390.1M
Gross Margin
37.7%
Operating Margin
22.0%
Net Margin
14.4%
14.7%
Revenue YoY
3.9%
30.1%
Net Profit YoY
-20.8%
137.1%
EPS (diluted)
$1.34
$0.99

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
UGI
UGI
VRT
VRT
Q1 26
$2.6B
Q4 25
$2.1B
$2.9B
Q3 25
$1.2B
$2.7B
Q2 25
$1.4B
$2.6B
Q1 25
$2.6B
$2.0B
Q4 24
$2.0B
$2.3B
Q3 24
$1.2B
$2.1B
Q2 24
$1.4B
$2.0B
Net Profit
UGI
UGI
VRT
VRT
Q1 26
$390.1M
Q4 25
$297.0M
$445.6M
Q3 25
$-13.0M
$398.5M
Q2 25
$-163.0M
$324.2M
Q1 25
$479.0M
$164.5M
Q4 24
$375.0M
$147.0M
Q3 24
$-273.0M
$176.6M
Q2 24
$-48.0M
$178.1M
Gross Margin
UGI
UGI
VRT
VRT
Q1 26
37.7%
Q4 25
38.9%
Q3 25
37.8%
Q2 25
34.0%
Q1 25
33.7%
Q4 24
37.1%
Q3 24
36.5%
Q2 24
38.0%
Operating Margin
UGI
UGI
VRT
VRT
Q1 26
Q4 25
22.0%
20.1%
Q3 25
1.1%
19.3%
Q2 25
-6.8%
16.8%
Q1 25
26.6%
14.3%
Q4 24
24.5%
19.5%
Q3 24
-20.4%
17.9%
Q2 24
5.0%
17.2%
Net Margin
UGI
UGI
VRT
VRT
Q1 26
14.7%
Q4 25
14.4%
15.5%
Q3 25
-1.1%
14.9%
Q2 25
-12.0%
12.3%
Q1 25
18.2%
8.1%
Q4 24
18.9%
6.3%
Q3 24
-22.6%
8.5%
Q2 24
-3.6%
9.1%
EPS (diluted)
UGI
UGI
VRT
VRT
Q1 26
$0.99
Q4 25
$1.34
$1.14
Q3 25
$-0.08
$1.02
Q2 25
$-0.76
$0.83
Q1 25
$2.19
$0.42
Q4 24
$1.74
$0.38
Q3 24
$-1.26
$0.46
Q2 24
$-0.23
$0.46

Balance Sheet & Financial Strength

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

Metric
UGI
UGI
VRT
VRT
Cash + ST InvestmentsLiquidity on hand
$251.0M
$2.5B
Total DebtLower is stronger
$6.0B
$0
Stockholders' EquityBook value
$5.0B
$4.2B
Total Assets
$15.8B
$13.4B
Debt / EquityLower = less leverage
1.19×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
UGI
UGI
VRT
VRT
Q1 26
$2.5B
Q4 25
$251.0M
$1.7B
Q3 25
$335.0M
$1.4B
Q2 25
$350.0M
$1.6B
Q1 25
$426.0M
$1.5B
Q4 24
$240.0M
$1.2B
Q3 24
$213.0M
$908.7M
Q2 24
$183.0M
$579.7M
Total Debt
UGI
UGI
VRT
VRT
Q1 26
$0
Q4 25
$6.0B
$2.9B
Q3 25
$6.5B
$2.9B
Q2 25
$5.7B
$2.9B
Q1 25
$6.6B
$2.9B
Q4 24
$6.6B
$2.9B
Q3 24
$6.4B
$2.9B
Q2 24
$6.3B
$2.9B
Stockholders' Equity
UGI
UGI
VRT
VRT
Q1 26
$4.2B
Q4 25
$5.0B
$3.9B
Q3 25
$4.8B
$3.5B
Q2 25
$4.9B
$3.1B
Q1 25
$5.0B
$2.7B
Q4 24
$4.6B
$2.4B
Q3 24
$4.3B
$1.8B
Q2 24
$4.7B
$1.5B
Total Assets
UGI
UGI
VRT
VRT
Q1 26
$13.4B
Q4 25
$15.8B
$12.2B
Q3 25
$15.5B
$10.8B
Q2 25
$15.4B
$10.4B
Q1 25
$15.7B
$9.5B
Q4 24
$15.4B
$9.1B
Q3 24
$15.1B
$8.9B
Q2 24
$15.1B
$8.1B
Debt / Equity
UGI
UGI
VRT
VRT
Q1 26
0.00×
Q4 25
1.19×
0.74×
Q3 25
1.37×
0.83×
Q2 25
1.17×
0.93×
Q1 25
1.32×
1.10×
Q4 24
1.44×
1.20×
Q3 24
1.48×
1.62×
Q2 24
1.34×
1.91×

Cash Flow & Capital Efficiency

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

Metric
UGI
UGI
VRT
VRT
Operating Cash FlowLast quarter
$66.0M
Free Cash FlowOCF − Capex
$-155.0M
$652.8M
FCF MarginFCF / Revenue
-7.5%
24.6%
Capex IntensityCapex / Revenue
10.7%
4.2%
Cash ConversionOCF / Net Profit
0.22×
TTM Free Cash FlowTrailing 4 quarters
$282.0M
$2.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
UGI
UGI
VRT
VRT
Q1 26
Q4 25
$66.0M
$978.9M
Q3 25
$90.0M
$508.7M
Q2 25
$289.0M
$322.9M
Q1 25
$684.0M
$303.3M
Q4 24
$164.0M
$425.2M
Q3 24
$151.0M
$378.2M
Q2 24
$390.0M
$378.4M
Free Cash Flow
UGI
UGI
VRT
VRT
Q1 26
$652.8M
Q4 25
$-155.0M
$885.6M
Q3 25
$-168.0M
$463.5M
Q2 25
$67.0M
$277.9M
Q1 25
$538.0M
$266.8M
Q4 24
$-47.0M
$364.5M
Q3 24
$-115.0M
$341.8M
Q2 24
$185.0M
$344.3M
FCF Margin
UGI
UGI
VRT
VRT
Q1 26
24.6%
Q4 25
-7.5%
30.8%
Q3 25
-14.4%
17.3%
Q2 25
4.9%
10.5%
Q1 25
20.4%
13.1%
Q4 24
-2.4%
15.5%
Q3 24
-9.5%
16.5%
Q2 24
13.7%
17.6%
Capex Intensity
UGI
UGI
VRT
VRT
Q1 26
4.2%
Q4 25
10.7%
3.2%
Q3 25
22.1%
1.7%
Q2 25
16.3%
1.7%
Q1 25
5.5%
1.8%
Q4 24
10.6%
2.6%
Q3 24
22.0%
1.8%
Q2 24
15.2%
1.7%
Cash Conversion
UGI
UGI
VRT
VRT
Q1 26
Q4 25
0.22×
2.20×
Q3 25
1.28×
Q2 25
1.00×
Q1 25
1.43×
1.84×
Q4 24
0.44×
2.89×
Q3 24
2.14×
Q2 24
2.12×

Financial Flow Comparison

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

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