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Ultrapar Participacoes SA
(NYSE:UGP)
Ultrapar Participacoes SA (UGP) vs. SPDR S&P 500 ETF (SPY)
Ultrapar Participacoes SA Business Overview & Revenue Model
Ultrapar Participacoes SA Earnings Call Summary
Ultrapar Participacoes SA Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 139.82B | 133.50B | 126.05B | 143.63B | 109.73B | 74.06B |
| Gross Profit | 8.93B | 8.62B | 9.32B | 7.36B | 4.90B | 4.00B |
| EBITDA | 7.43B | 5.06B | 6.36B | 4.50B | 2.76B | 2.56B |
| Net Income | 2.97B | 2.36B | 2.44B | 1.80B | 850.46M | 893.38M |
Balance Sheet | ||||||
| Total Assets | 45.56B | 39.56B | 38.25B | 37.08B | 39.01B | 36.90B |
| Cash, Cash Equivalents and Short-Term Investments | 4.02B | 4.62B | 6.22B | 6.22B | 4.08B | 7.70B |
| Total Debt | 18.49B | 15.79B | 13.30B | 13.45B | 17.85B | 19.21B |
| Total Liabilities | 26.90B | 23.73B | 24.22B | 24.75B | 28.85B | 26.98B |
| Stockholders Equity | 16.39B | 15.16B | 13.51B | 11.71B | 10.14B | 9.54B |
Cash Flow | ||||||
| Free Cash Flow | 1.84B | 1.95B | 2.56B | 785.74M | 1.31B | 2.23B |
| Operating Cash Flow | 3.48B | 3.74B | 3.85B | 2.00B | 2.59B | 3.14B |
| Investing Cash Flow | -2.25B | -6.39B | -1.02B | 7.90B | 724.14M | -2.14B |
| Financing Cash Flow | -2.23B | -1.23B | -2.49B | -6.91B | -3.36B | -592.33M |
Ultrapar Participacoes SA Technical Analysis
Ultrapar Participacoes SA Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $4.50B | 8.51 | 18.26% | 8.03% | -3.51% | 3.75% | |
67 Neutral | $1.85B | 7.75 | 17.81% | ― | -10.11% | -7.00% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
56 Neutral | $2.34B | 14.19 | 21.78% | 10.50% | -7.21% | 135.72% | |
50 Neutral | $3.78B | -0.77 | -96.96% | ― | -7.39% | -621.47% | |
49 Neutral | $3.42B | -6.33 | -9.47% | 4.14% | -15.35% | -81.94% | |
45 Neutral | $1.74B | ― | -115.95% | 3.42% | -22.37% | -27.22% |
Ultrapar Participacoes SA Corporate Events
On December 26, 2025, Ultrapar’s controlling shareholder Ultra S.A. Participações held an extraordinary general meeting that approved the creation of a new class of redeemable preferred shares, defined their characteristics and executed a capital increase via the issuance of those redeemable preferred shares. In parallel, the extensive group of shareholders and related parties to Ultrapar Participações S.A.’s existing shareholders’ agreement signed an addendum amending Clause Nine to govern how exchanges of interests will work under the so‑called Migration Right for holding partners now that all Ultra shareholders, including usufructuaries and trustees, may hold redeemable preferred shares; the document also formalizes the entry of two new joining shareholders connected to an existing shareholder vehicle, signaling a further tightening and clarification of governance and ownership arrangements within Ultrapar’s controlling bloc.
The most recent analyst rating on (UGP) stock is a Buy with a $4.50 price target. To see the full list of analyst forecasts on Ultrapar Participacoes SA stock, see the UGP Stock Forecast page.
On December 10, 2025, Ultrapar Participações S.A.’s Board of Directors convened to approve the company’s Strategic Plan for 2026-2035 and the budget for 2026. Additionally, they endorsed a Corporate Policy for the Use of Artificial Intelligence, reflecting the company’s commitment to integrating advanced technologies into its operations. These decisions are expected to enhance Ultrapar’s operational efficiency and strategic positioning in the market.
The most recent analyst rating on (UGP) stock is a Buy with a $4.50 price target. To see the full list of analyst forecasts on Ultrapar Participacoes SA stock, see the UGP Stock Forecast page.
On December 1, 2025, Ultrapar Participações S.A.’s Board of Directors approved the distribution of interim dividends amounting to R$ 1,087,307,868.00, with shareholders entitled to receive R$ 1.00 per share. The dividends will be paid starting December 16, 2025, with the record dates set for December 5 in Brazil and December 12 in the United States. This decision reflects the company’s strong financial performance and commitment to returning value to its shareholders, potentially enhancing its market position and investor confidence.
The most recent analyst rating on (UGP) stock is a Buy with a $4.50 price target. To see the full list of analyst forecasts on Ultrapar Participacoes SA stock, see the UGP Stock Forecast page.
On December 1, 2025, Ultrapar Participações S.A. announced that its Board of Directors approved the distribution of dividends totaling R$ 1,087,307,868.00, equivalent to R$ 1.00 per common share. The dividends will be paid starting December 16, 2025, with record dates set for December 5 in Brazil and December 12 in the United States. This decision reflects the company’s strong financial performance and commitment to returning value to its shareholders, potentially enhancing its market position and investor confidence.
The most recent analyst rating on (UGP) stock is a Buy with a $4.50 price target. To see the full list of analyst forecasts on Ultrapar Participacoes SA stock, see the UGP Stock Forecast page.
On November 27, 2025, Ultrapar Participações S.A. addressed a news article from Brazil Journal regarding its growing position in Rumo, nearing a 5% stake. The company clarified its strategic approach to investments, emphasizing its commitment to transparency and adherence to legal requirements in disclosing material facts or decisions to the market.
The most recent analyst rating on (UGP) stock is a Buy with a $4.50 price target. To see the full list of analyst forecasts on Ultrapar Participacoes SA stock, see the UGP Stock Forecast page.
On November 19, 2025, Ultrapar Participações S.A.’s Board of Directors approved the issuance of non-convertible debentures worth one billion reais by its subsidiary, Ipiranga Produtos de Petróleo S.A. This financial move aims to bolster the company’s capital structure and is backed by a surety guarantee from Ultrapar, reflecting its commitment to fulfilling obligations and enhancing stakeholder confidence.
The most recent analyst rating on (UGP) stock is a Buy with a $4.50 price target. To see the full list of analyst forecasts on Ultrapar Participacoes SA stock, see the UGP Stock Forecast page.
Ultrapar Participações S.A. released its interim financial information for the quarter ended September 30, 2025, which was reviewed by Deloitte Touche Tohmatsu Auditores Independentes Ltda. The review concluded that the financial statements were prepared in accordance with relevant international and Brazilian standards, with no significant issues identified. The company’s board of directors held a meeting on November 12, 2025, to discuss the financial outcomes and strategic directions, reflecting ongoing efforts to maintain transparency and compliance in financial reporting.
The most recent analyst rating on (UGP) stock is a Buy with a $4.50 price target. To see the full list of analyst forecasts on Ultrapar Participacoes SA stock, see the UGP Stock Forecast page.
On November 3, 2025, Ultrapar Participações S.A. announced the completion of the sale of Hidrovias do Brasil S.A.’s coastal shipping operations to Companhia de Navegação Norsul for R$715 million. This strategic move allows Hidrovias to concentrate on more synergistic and complementary businesses, enhancing its financial position and operational focus.
The most recent analyst rating on (UGP) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on Ultrapar Participacoes SA stock, see the UGP Stock Forecast page.
On October 30, 2025, Ultrapar Participações S.A. announced the acquisition of a 37.5% stake in Virtu GNL Participações S.A., a company specializing in LNG logistics and services. This strategic move, involving an investment of R$ 102.5 million, aligns with Ultrapar’s growth strategy in new sectors with high potential for profitability. The acquisition aims to enhance Ultrapar’s market position in low-carbon transportation solutions, with a focus on replacing diesel with LNG. The transaction is subject to regulatory approvals and customary conditions.
The most recent analyst rating on (UGP) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on Ultrapar Participacoes SA stock, see the UGP Stock Forecast page.