Ultrapar Participações Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	31,997	22,331	17,313	28,882	13,732	15,854
Market Cap Growth	76.21%	28.98%	-40.05%	110.32%	-13.38%	-38.63%
Enterprise Value	48,867	39,082	29,066	37,091	22,070	28,730
Last Close Price	29.94	20.90	14.48	23.59	10.99	12.20
PE Ratio	12.33	9.10	7.33	11.84	7.63	18.64
Forward PE	11.15	9.93	8.81	21.64	16.19	17.01
PS Ratio	0.22	0.16	0.13	0.23	0.10	0.14
PB Ratio	1.80	1.26	1.09	2.06	1.13	1.51
P/TBV Ratio	2.99	2.08	1.59	3.10	1.68	2.24
P/FCF Ratio	9.28	6.48	8.89	11.27	12.77	10.18
P/OCF Ratio	5.87	4.10	4.64	7.50	6.85	6.13
PEG Ratio	1.21	1.48	2.22	6.35	0.71	0.67
EV/Sales Ratio	0.34	0.28	0.22	0.29	0.15	0.26
EV/EBITDA Ratio	7.41	6.13	4.74	7.24	6.79	13.56
EV/EBIT Ratio	10.20	7.90	5.93	9.61	10.21	20.68
EV/FCF Ratio	14.18	11.34	14.92	14.47	20.52	18.45
Debt / Equity Ratio	1.23	1.23	0.97	0.95	1.09	1.69
Debt / EBITDA Ratio	3.24	3.24	2.38	2.45	3.75	7.45
Debt / FCF Ratio	6.33	6.33	7.88	5.19	12.35	11.38
Net Debt / Equity Ratio	0.84	0.84	0.69	0.50	0.59	1.30
Net Debt / EBITDA Ratio	2.32	2.32	1.79	1.38	2.19	6.44
Net Debt / FCF Ratio	4.30	4.30	5.63	2.76	6.64	8.76
Asset Turnover	3.20	3.20	3.43	3.38	3.81	2.92
Inventory Turnover	32.60	32.60	30.17	25.51	31.11	27.00
Quick Ratio	1.15	1.15	1.04	1.20	1.01	0.75
Current Ratio	1.62	1.62	1.53	1.66	1.45	1.98
Return on Equity (ROE)	16.38%	16.38%	16.92%	19.22%	13.59%	8.03%
Return on Assets (ROA)	6.95%	6.95%	7.87%	6.46%	3.58%	2.31%
Return on Invested Capital (ROIC)	10.86%	12.02%	12.89%	13.44%	8.15%	4.96%
Return on Capital Employed (ROCE)	13.20%	13.20%	16.90%	14.30%	9.10%	5.30%
Earnings Yield	7.67%	10.99%	13.65%	8.45%	13.11%	5.36%
FCF Yield	10.77%	15.44%	11.25%	8.87%	7.83%	9.82%
Dividend Yield	4.34%	-	4.83%	2.76%	4.64%	3.03%
Payout Ratio	88.52%	88.52%	35.28%	16.40%	35.44%	82.98%
Buyback Yield / Dilution	2.01%	2.01%	-1.15%	-0.57%	-0.16%	-0.10%
Total Shareholder Return	6.35%	2.01%	3.69%	2.19%	4.48%	2.93%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.