Ultrapar Participações S.A. (UGPA3.SA)
São Paulo, SP, BR
Ultrapar Participações S.A. operates extensively in the energy sector, with core activities encompassing gas and fuel distribution, as well as storage solutions. While its primary operations are based in Brazil, the company maintains a broad international footprint, reaching markets in Mexico, Uruguay, Venezuela, other Latin American nations, the United States, Canada, the Far East, and Europe. Its Gas Distribution division delivers liquefied petroleum gas (LPG) to residential, commercial, and industrial clients, particularly across Brazil's Southern, Southeastern, and Northeastern regions. The Fuel Distribution segment handles the supply and marketing of various petroleum products, including gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants. This segment also manages convenience stores and provides specialized automotive and lubricant-changing services. Complementing these, the Storage segment manages liquid bulk terminals, predominantly located in Brazil's Southeast and Northeast. As of December 31, 2021, the company's significant infrastructure included 7,104 Ipiranga service stations, 1,841 AmPm convenience stores, 1,149 Jet Oil franchises, 4 distribution centers, and 7 Ultracargo terminals, collectively offering a storage capacity of 983,000 cubic meters. Furthermore, Ultrapar enhances customer engagement through digital offerings like the Abastece Aí payment application and the Km de Vantagens loyalty program. Founded in 1937, the company's headquarters are situated in São Paulo, Brazil.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.49% | -1.62% | -2.37% | +9.59% | +30.08% | +41.68% | +82.83% | +75.28% | +50.28% | -14.75% | +8,578.00% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 4 | 0 |
| Buy | 4 | -1 |
| Hold | 8 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Oil & Gas Refining & Marketing: -1.3%+6.6% ★ Q2'26: +10.3% (vs Q1'25)
-
EPS growth Oil & Gas Refining & Marketing: +42.8%+6.2% Q2'26: +166.7% (vs Q1'25)
-
FCF margin FCF growth · Oil & Gas Refining & Marketing: +92.2%0.0% Q2'26: +0.5% (vs Q1'25)
-
EBIT margin Oil & Gas Refining & Marketing: +4.6%+3.2% Q2'26: +5.0% (vs Q1'25)
-
ROIC Oil & Gas Refining & Marketing: +5.9%+10.2% ★ Q2'26: +14.8% (vs Q1'25)
-
Share dilution Oil & Gas Refining & Marketing: +0.0%-2.0% ★ Q2'26: -1.6% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Oil & Gas Refining & Marketing: 0.89×3.53× Q2'26: 2.30× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 6 Rev. Ana. 2 EPS Ana. |
Dec 2027 14 Rev. Ana. 6 EPS Ana. |
Dec 2028 9 Rev. Ana. 5 EPS Ana. |
Dec 2029 4 Rev. Ana. 1 EPS Ana. |
Dec 2030 4 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
75.66B
est: 75.98B (-0.4%)
|
77.35B
est: 75.91B (+1.9%)
|
80.01B
est: 79.73B (+0.4%)
|
90.70B
est: 91.45B (-0.8%)
|
89.30B
est: 89.96B (-0.7%)
|
81.24B
est: 81.13B (+0.1%)
|
109.73B
est: 119.96B (-8.5%)
|
143.63B
est: 147.42B (-2.6%)
|
126.05B
est: 128.64B (-2.0%)
|
133.50B
est: 133.25B (+0.2%)
|
142.37B
est: 140.23B (+1.5%)
|
160.89B
149.55B – 170.82B
+14.7% YoY
|
159.01B
142.96B – 177.77B
-1.2% YoY
|
159.20B
159.02B – 159.38B
+0.1% YoY
|
170.48B
155.92B – 185.71B
+7.1% YoY
|
180.93B
165.47B – 197.09B
+6.1% YoY
|
| EBITDA |
4.24B
est: 2.96B (+43.4%)
|
4.60B
est: 2.95B (+55.7%)
|
4.18B
est: 3.10B (+34.6%)
|
3.58B
est: 3.56B (+0.4%)
|
2.94B
est: 3.50B (-16.0%)
|
3.05B
est: 3.16B (-3.4%)
|
2.77B
est: 4.67B (-40.8%)
|
4.48B
est: 5.74B (-21.9%)
|
6.34B
est: 5.16B (+22.9%)
|
6.72B
est: 5.34B (+25.9%)
|
6.18B
est: 5.62B (+9.9%)
|
6.45B
6.00B – 6.85B
+14.7% YoY
|
6.37B
5.73B – 7.13B
-1.2% YoY
|
6.38B
6.38B – 6.39B
+0.1% YoY
|
6.83B
6.25B – 7.44B
+7.1% YoY
|
7.25B
6.63B – 7.90B
+6.1% YoY
|
| EBIT |
3.23B
est: 2.20B (+46.3%)
|
3.50B
est: 2.20B (+58.8%)
|
3.39B
est: 2.31B (+46.5%)
|
2.65B
est: 2.65B (-0.3%)
|
1.80B
est: 2.61B (-31.1%)
|
1.76B
est: 2.35B (-25.1%)
|
1.85B
est: 3.48B (-46.8%)
|
3.46B
est: 4.28B (-19.1%)
|
3.86B
est: 4.00B (-3.6%)
|
5.51B
est: 4.15B (+32.9%)
|
4.59B
est: 4.36B (+5.2%)
|
5.01B
4.65B – 5.32B
+14.7% YoY
|
4.95B
4.45B – 5.53B
-1.2% YoY
|
4.96B
4.95B – 4.96B
+0.1% YoY
|
5.31B
4.85B – 5.78B
+7.1% YoY
|
5.63B
5.15B – 6.13B
+6.1% YoY
|
| Net Income |
1.50B
est: 1.46B (+3.1%)
|
1.56B
est: 1.53B (+2.2%)
|
1.57B
est: 1.63B (-3.7%)
|
1.15B
est: 1.06B (+8.1%)
|
373.53M
est: 968.76M (-61.4%)
|
893.38M
est: 864.76M (+3.3%)
|
850.46M
est: 813.05M (+4.6%)
|
1.80B
est: 1.09B (+65.0%)
|
2.44B
est: 2.83B (-13.9%)
|
2.36B
est: 2.03B (+16.3%)
|
2.45B
est: 2.55B (-3.9%)
|
2.83B
2.37B – 3.29B
+10.8% YoY
|
3.05B
2.77B – 3.34B
+7.5% YoY
|
3.41B
3.21B – 3.92B
+12.0% YoY
|
3.47B
3.09B – 3.88B
+1.8% YoY
|
3.54B
3.14B – 3.95B
+1.8% YoY
|
| SGA |
3.84B
est: 2.65B (+44.7%)
|
4.10B
est: 2.65B (+54.6%)
|
4.46B
est: 2.78B (+60.3%)
|
4.30B
est: 3.19B (+34.6%)
|
4.34B
est: 3.14B (+38.1%)
|
4.08B
est: 2.83B (+44.2%)
|
3.52B
est: 4.19B (-16.0%)
|
3.68B
est: 5.15B (-28.6%)
|
4.27B
est: 4.06B (+5.2%)
|
4.37B
est: 4.20B (+4.0%)
|
4.77B
est: 4.43B (+7.7%)
|
5.08B
4.72B – 5.39B
+14.7% YoY
|
5.02B
4.51B – 5.61B
-1.2% YoY
|
5.02B
5.02B – 5.03B
+0.1% YoY
|
5.38B
4.92B – 5.86B
+7.1% YoY
|
5.71B
5.22B – 6.22B
+6.1% YoY
|
| EPS |
1.38
est: 1.30 (+5.8%)
|
0.65
est: 1.37 (-52.4%)
|
1.45
est: 1.46 (-0.9%)
|
0.49
est: 0.95 (-48.5%)
|
0.16
est: 0.87 (-81.5%)
|
0.82
est: 0.77 (+6.0%)
|
0.78
est: 0.73 (+7.2%)
|
1.65
est: 0.96 (+72.0%)
|
2.23
est: 2.58 (-13.5%)
|
2.14
est: 1.85 (+15.7%)
|
2.29
est: 2.33 (-1.6%)
|
2.60
2.16 – 3.01
+11.9% YoY
|
2.76
2.53 – 3.05
+5.9% YoY
|
3.21
2.93 – 3.58
+16.6% YoY
|
3.17
2.82 – 3.54
-1.3% YoY
|
3.23
2.87 – 3.60
+1.8% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-08 | B+ | 3/5 | 3/5 | 5/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-07 | A- | 4/5 | 4/5 | 5/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-06 | B+ | 3/5 | 3/5 | 5/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-05 | B+ | 3/5 | 3/5 | 5/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-04 | A- | 4/5 | 4/5 | 5/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-30 | A- | 4/5 | 4/5 | 5/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-29 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-28 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-27 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-24 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-23 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-22 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-20 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-17 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-16 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares MSCI Brazil ETF EWZ | 1.01% | 92.91M | 0.59% |
| 2 | Franklin FTSE Brazil UCITS ETF FLXB.L | 0.90% | 1.43M | 0.19% |
| 3 | Franklin FTSE Brazil ETF FLBR | 0.90% | 4.87M | 0.19% |
| 4 | iShares MSCI Brazil UCITS ETF USD (Dist) IDBZ.L | 0.88% | 4.48M | 0.74% |
| 5 | iShares MSCI Brazil UCITS ETF (DE) 4BRZ.DE | 0.88% | 41.75M | 0.27% |
| 6 | Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF EMHD.L | 0.83% | 2.35M | 0.49% |
| 7 | Xtrackers MSCI Brazil UCITS ETF 1C XMBD.L | 0.78% | 2.04M | 0.25% |
| 8 | MFS Blended Research Emerging Markets Equity ETF BREE | 0.57% | 140.7K | 0.44% |
| 9 | Franklin FTSE Latin America ETF FLLA | 0.53% | 577.7K | 0.19% |
| 10 | iShares MSCI EM Latin America UCITS ETF DLTM.L | 0.46% | 9.11M | 0.20% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Alexandre Mendes Palhares | Chief Financial & Investor Relations Officer | — | male |
| Decio de Sampaio Amaral | Chief Executive Officer of Hidrovias do Brasil & Member of Executive Board | — | male |
| Fernanda Teves de Souza | Risks, Compliance & Audit Director | — | female |
| Fulvius Tomelin | President | — | male |
| Rodrigo de Almeida Pizzinatto | Chief Executive Officer & Member of Executive Board | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for UGPA3.SA
Short-term intention
Target Price Distribution
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