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5.62 USD
P/E
11.93
EPS
0.45
Yield
4.45%
Safety Score
67
P/B
1.92
ROE
16.38
Beta
0.59
Target Price
5.37 USD
Ultrapar Participacoes S.A. logo

Ultrapar Participacoes S.A.

🧾 Earnings Recap – Q3 2025

Ultrapar reported strong Q3 2025 results with a significant boost from extraordinary tax credits, leading to an 11% rise in net income year-over-year and a notable improvement in leverage levels.

  • Adjusted EBITDA increased by 27% year-over-year to BRL 1.9 billion, benefiting from BRL 185 million in tax credits.
  • Achieved a 1.7x leverage ratio, down from 1.9x, despite BRL 326 million in dividend payouts and strong cash generation.
  • Ipiranga's EBITDA rose to BRL 1.85 billion, driven by higher sales volumes and improved cash generation, which doubled year-over-year to BRL 1.453 billion.
  • Completed strategic expansions, including a new terminal at Ultracargo and acquisition plans in the LNG sector, enhancing growth prospects.
  • Continued focus on addressing illegal trading practices in the fuel sector, reinforcing regulatory compliance and competitive integrity.
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Key Metrics
Earnings dateMay 5, 2026
P/E11.93
EPS0.45
Book Value2.80
Price to Book1.92
Debt/Equity123.14
Growth
Revenue Growth0.07%
Earnings Growth-0.60%
Estimates
Forward P/E10.91
Forward EPS0.49
Target Mean Price5.37
Dividend
Dividend Yield4.45%
Annual dividends1.30 USD
Ex-Div. DateDec. 12, 2025
Payout88.52%
5y avg Yield3.09%

DCF Valuation

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DCF Result

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Ultrapar Participacoes S.A. Logo Ultrapar Participacoes S.A. Analysis (UGP)

Brazil Energy Official Website Stock

Is Ultrapar Participacoes S.A. a good investment? Ultrapar Participacoes S.A. (UGP) is currently trading at 5.62 USD. Market analysts have a consensus price target of 5.37 USD. This suggests the asset is currently trading above analyst expectations.

In terms of valuation, the stock trades at a P/E ratio of 11.93. This relatively low multiple may signal that Ultrapar Participacoes S.A. is undervalued compared to historical market norms.

Earnings Schedule: Ultrapar Participacoes S.A. is expected to release its next earnings report on May 5, 2026. The market consensus estimate for Forward EPS is 0.49.

For income investors, Ultrapar Participacoes S.A. pays a dividend yield of 4.45%. With a payout ratio of 89%, the dividend appears to be under pressure.

Investor FAQ

Does Ultrapar Participacoes S.A. pay a dividend?

Yes, it pays an annual dividend of 1.30 USD (4.45% yield).

What asset class is Ultrapar Participacoes S.A.?

Ultrapar Participacoes S.A. is classified as a Stock. You can compare it against 3 other assets in the "Related Symbols" list on this page.

When is the next earnings date?

The next earnings date is projected to be May 5, 2026. The company currently has a trailing EPS of 0.45.

Company Profile

Ultrapar Participações S.A., through its subsidiaries, operates in the energy, mobility, and logistics infrastructure sectors in Brazil, the rest of Europe, the United States, Canada, other Latin American countries, Oceania, and internationally. It operates through Ultragaz, Ipiranga, Ultracargo, and Hidrovias segments. The company distributes and sells oil-related products, biofuels, gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and additive fuels under the Ipimax brand to carriers, resellers, and retailers; operates service stations under the Ipiranga brand and convenience stores under the AmPm brand; and produces and sells lubricants under the ICONIC brand. It also engages in the distribution of bulk and bottled liquefied petroleum gas for the residential, condominium, trade, services, industrial, and agribusiness sectors; operation of a natural gas pipeline network; and provision of renewable electricity for businesses and households, as well as compressed natural gas and biomethane for corporate clients. In addition, the company operates liquid bulk storage terminals in logistics centers; waterway and multimodal infrastructure; and port operations. Further, the company offers logistics solutions for handling grains, ores, and fertilizers; automotive services through Jet Oil units; and loyalty programs under the Km de Vantagens (KMV) brand. It also exports its products and services. Ultrapar Participações S.A. was founded in 1937 and is headquartered in São Paulo, Brazil.

Exchange Ticker
BUE (Argentina) UGP.BA
NYQ (United States) UGP
FRA (Germany) UGR.F
Dividend Yield

4.45% (5y avg: 3.09%)

Annual Dividends

1.30 USD

Next ex. div date

Dec. 12, 2025

Payout Ratio

88.52%

Historical Dividends
Year Total Dividends
2026 0.21 USD
2025 0.29 USD
2024 0.13 USD
2023 0.07 USD
2022 0.09 USD
2021 0.12 USD
2020 0.06 USD
2019 0.24 USD
2018 0.43 USD
2017 0.55 USD
2016 0.45 USD
2015 0.48 USD
2014 0.61 USD
2013 0.62 USD
2012 0.55 USD
2011 0.57 USD
2010 1.40 USD
2009 0.87 USD
2008 1.61 USD
2007 0.42 USD
2006 0.99 USD
2005 0.66 USD
2004 0.74 USD
2003 0.41 USD
2002 0.37 USD
2001 2.10 USD
2000 0.39 USD

Yearly aggregated dividends

Dividends

Ultrapar Participacoes S.A.
Dec 26, 2025 Paid
Dividend
0.16511 USD
Ultrapar Participacoes S.A.
Sep 08, 2025 Paid
Dividend
0.055532 USD

Historical Split Corporate Actions

Split Date Split Ratio to 1
Feb. 25, 2011 4.000000
April 25, 2019 2.000000
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