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Ultrapar Participações S.A. UGP

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Price alert · UGP

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5.56 USD -0.04 (-0.71%)

At closeNov 6, 2026, 4:09 AM EST

5.73 +0.17 +3.06%

Pre-market · Nov 6, 4:09 AM ET

5.55 Day range 5.69
3.60 52-week range 8.28
YTD
+47.48%
1 year
+35.94%

Financial health

Altman Z-Score

4.56 Safe zone

Bankruptcy-risk model: below 1.81 distress, above 2.99 safe.

Piotroski F-Score

8 / 9 Strong

Nine pass/fail tests of profitability, leverage and efficiency.

Rating

B+3 / 5 overall

  • DCF 3
  • Return on Equity 5
  • Return on Assets 4
  • Debt / Equity 1
  • P/E 3
  • P/B 3

Valuation

P/E 9.2×
FY 2016: 51.9×FY 2017: 25.9×FY 2018: 53.6×FY 2019: 157×FY 2020: 28.7×FY 2021: 18.8×FY 2022: 7.7×FY 2023: 11.9×FY 2024: 7.7×FY 2025: 9.2×
FY 2016 5y median 9.2× FY 2025
P/S 0.2×
FY 2016: 1.1×FY 2017: 0.5×FY 2018: 0.7×FY 2019: 0.7×FY 2020: 0.3×FY 2021: 0.1×FY 2022: 0.1×FY 2023: 0.2×FY 2024: 0.1×FY 2025: 0.2×
FY 2016 5y median 0.1× FY 2025
P/B 1.4×
FY 2016: 9.6×FY 2017: 4.3×FY 2018: 6.6×FY 2019: 25.2×FY 2020: 2.7×FY 2021: 1.6×FY 2022: 1.2×FY 2023: 2.2×FY 2024: 1.2×FY 2025: 1.4×
FY 2016 5y median 1.4× FY 2025
P/FCF 14.6×
FY 2016: 96.2×FY 2017: 190×FY 2018: 42.0×FY 2019: 35.1×FY 2020: 11.4×FY 2021: 12.3×FY 2022: 17.8×FY 2023: 11.3×FY 2024: 9.4×FY 2025: 14.6×
FY 2016 5y median 12.3× FY 2025
EV/EBITDA 5.2×
FY 2016: 19.3×FY 2017: 12.1×FY 2018: 20.5×FY 2019: 17.7×FY 2020: 16.5×FY 2021: 11.4×FY 2022: 4.8×FY 2023: 5.7×FY 2024: 6.2×FY 2025: 5.2×
FY 2016 5y median 5.7× FY 2025
EV/Sales 0.3×
FY 2016: 1.1×FY 2017: 0.6×FY 2018: 0.8×FY 2019: 0.8×FY 2020: 0.6×FY 2021: 0.3×FY 2022: 0.2×FY 2023: 0.3×FY 2024: 0.2×FY 2025: 0.3×
FY 2016 5y median 0.3× FY 2025
FCF Yield 6.9%
FY 2016: 1.0%FY 2017: 0.5%FY 2018: 2.4%FY 2019: 2.8%FY 2020: 8.7%FY 2021: 8.1%FY 2022: 5.6%FY 2023: 8.8%FY 2024: 10.7%FY 2025: 6.9%
FY 2016 5y median 8.1% FY 2025

Profitability

Gross Margin 6.6%
FY 2016: 9.1%FY 2017: 9.1%FY 2018: 6.8%FY 2019: 5.8%FY 2020: 5.4%FY 2021: 4.5%FY 2022: 5.1%FY 2023: 7.4%FY 2024: 6.5%FY 2025: 6.6%
FY 2016 5y median 6.5% FY 2025
Operating Margin 3.4%
FY 2016: 4.0%FY 2017: 3.6%FY 2018: 2.1%FY 2019: 2.5%FY 2020: 2.1%FY 2021: 1.6%FY 2022: 2.3%FY 2023: 3.6%FY 2024: 3.8%FY 2025: 3.4%
FY 2016 5y median 3.4% FY 2025
Net Margin 1.7%
FY 2016: 2.0%FY 2017: 2.0%FY 2018: 1.3%FY 2019: 0.5%FY 2020: 1.2%FY 2021: 0.8%FY 2022: 1.3%FY 2023: 1.9%FY 2024: 1.8%FY 2025: 1.7%
FY 2016 5y median 1.7% FY 2025
ROE 15.7%
FY 2016: 18.3%FY 2017: 16.8%FY 2018: 12.2%FY 2019: 15.9%FY 2020: 9.4%FY 2021: 8.4%FY 2022: 15.4%FY 2023: 18.1%FY 2024: 15.6%FY 2025: 15.7%
FY 2016 5y median 15.6% FY 2025
ROIC 8.1%
FY 2016: 10.2%FY 2017: 7.5%FY 2018: 4.6%FY 2019: 19.5%FY 2020: 3.4%FY 2021: 4.9%FY 2022: 10.0%FY 2023: 11.0%FY 2024: 9.7%FY 2025: 8.1%
FY 2016 5y median 9.7% FY 2025
ROA 4.9%
FY 2016: 6.5%FY 2017: 5.6%FY 2018: 3.8%FY 2019: 4.8%FY 2020: 2.4%FY 2021: 2.2%FY 2022: 4.9%FY 2023: 6.4%FY 2024: 6.0%FY 2025: 4.9%
FY 2016 5y median 4.9% FY 2025

Growth (YoY)

Revenue 6.6%
FY 2016: 2.2%FY 2017: 3.4%FY 2018: 13.4%FY 2019: -8.5%FY 2020: -10.8%FY 2021: 48.2%FY 2022: 30.9%FY 2023: -12.2%FY 2024: 5.9%FY 2025: 6.6%
FY 2016 FY 2025
Operating Income -4.3%
FY 2016: 4.9%FY 2017: -7.7%FY 2018: -33.7%FY 2019: 8.0%FY 2020: -24.6%FY 2021: 15.6%FY 2022: 86.7%FY 2023: 36.8%FY 2024: 11.1%FY 2025: -4.3%
FY 2016 FY 2025
EPS (diluted) 3.8%
FY 2016: -52.6%FY 2017: 121.5%FY 2018: -66.0%FY 2019: -67.3%FY 2020: 412.5%FY 2021: -4.9%FY 2022: 110.3%FY 2023: 34.8%FY 2024: -4.5%FY 2025: 3.8%
FY 2016 FY 2025
Free Cash Flow -22.1%
FY 2016: -52.6%FY 2017: -74.6%FY 2018: 585.5%FY 2019: 14.4%FY 2020: 32.5%FY 2021: -41.6%FY 2022: -39.8%FY 2023: 226.1%FY 2024: -24.0%FY 2025: -22.1%
FY 2016 FY 2025

Financial Health

Current Ratio 1.6×
FY 2016: 2.4×FY 2017: 2.2×FY 2018: 2.6×FY 2019: 2.9×FY 2020: 1.9×FY 2021: 2.0×FY 2022: 1.5×FY 2023: 1.7×FY 2024: 1.5×FY 2025: 1.6×
FY 2016 5y median 1.6× FY 2025
Quick Ratio 1.3×
FY 2016: 1.9×FY 2017: 1.7×FY 2018: 2.0×FY 2019: 2.2×FY 2020: 1.5×FY 2021: 1.7×FY 2022: 1.1×FY 2023: 1.3×FY 2024: 1.2×FY 2025: 1.3×
FY 2016 5y median 1.3× FY 2025
Debt / Equity 1.4×
FY 2016: 1.3×FY 2017: 1.4×FY 2018: 1.6×FY 2019: 1.7×FY 2020: 2.0×FY 2021: 1.8×FY 2022: 1.1×FY 2023: 1.0×FY 2024: 1.0×FY 2025: 1.4×
FY 2016 5y median 1.1× FY 2025
Net Debt / EBITDA 2.4×
FY 2016: 1.6×FY 2017: 2.1×FY 2018: 3.2×FY 2019: 1.0×FY 2020: 6.5×FY 2021: 5.6×FY 2022: 1.7×FY 2023: 1.2×FY 2024: 2.6×FY 2025: 2.4×
FY 2016 5y median 2.4× FY 2025
Interest Coverage 2.0×
FY 2016: 2.7×FY 2017: 2.7×FY 2018: 2.2×FY 2019: 8.1×FY 2020: 10.4×FY 2021: 2.2×FY 2022: 2.1×FY 2023: 2.8×FY 2024: 3.7×FY 2025: 2.0×
FY 2016 5y median 2.2× FY 2025

Dividends

Dividend Yield 9.6%
FY 2016: 1.1%FY 2017: 2.3%FY 2018: 1.3%FY 2019: 1.0%FY 2020: 1.1%FY 2021: 4.4%FY 2022: 4.6%FY 2023: 1.4%FY 2024: 4.6%FY 2025: 9.6%
FY 2016 5y median 4.6% FY 2025
Payout Ratio 86.8%
FY 2016: 55.9%FY 2017: 59.7%FY 2018: 70.3%FY 2019: 159.7%FY 2020: 31.9%FY 2021: 83.0%FY 2022: 35.4%FY 2023: 16.4%FY 2024: 35.3%FY 2025: 86.8%
FY 2016 5y median 35.4% FY 2025

Annual · latest fiscal year ends 2025-12-31