Ultrapar Participações S.A. (UGP)

Ultrapar Participações Income Statement

Financials in millions BRL. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	126,049	126,049	143,635	109,733	74,058	83,005
Revenue Growth (YoY)	-12.24%	-12.24%	30.89%	48.17%	-10.78%	-8.48%
Cost of Revenue	116,730	116,730	136,276	104,828	70,056	78,209
Gross Profit	9,318	9,318	7,358	4,905	4,002	4,796
Selling, General & Admin	4,271	4,271	3,676	3,398	2,605	2,851
Other Operating Expenses	480.93	480.93	345.23	-280.36	-149.49	-106.5
Operating Expenses	4,752	4,752	4,022	3,118	2,456	2,745
Operating Income	4,566	4,566	3,337	1,787	1,546	2,051
Interest Expense / Income	1,880	1,880	2,176	1,223	908.01	1,018
Other Expense / Income	-814.83	-814.83	-981.5	-474.37	-559.95	190.1
Pretax Income	3,501	3,501	2,142	1,038	1,198	843.5
Income Tax	1,061	1,061	341.51	188.03	304.52	469.98
Net Income	2,440	2,440	1,801	850.46	893.38	373.53
Net Income Growth	35.48%	35.48%	111.75%	-4.80%	139.18%	-67.53%
Shares Outstanding (Basic)	1,089	1,089	1,088	1,088	1,086	1,086
Shares Change	0.08%	0.08%	0.01%	0.19%	-	-2.41%
EPS (Basic)	2.23	2.23	1.65	0.78	0.82	0.34
EPS (Diluted)	2.21	2.21	1.64	0.78	0.81	0.34
EPS Growth	34.72%	34.72%	111.48%	-4.91%	138.30%	-67.52%
Free Cash Flow	3,330	3,330	3,903	1,865	2,542	2,173
Free Cash Flow Per Share	3.06	3.06	3.59	1.71	2.34	2.00
Dividend Per Share	0.071	0.071	0.114	0.119	0.055	0.143
Dividend Growth	-37.72%	-37.72%	-4.20%	116.36%	-61.54%	-32.55%
Gross Margin	7.39%	7.39%	5.12%	4.47%	5.40%	5.78%
Operating Margin	3.62%	3.62%	2.32%	1.63%	2.09%	2.47%
Profit Margin	1.94%	1.94%	1.25%	0.78%	1.21%	0.45%
Free Cash Flow Margin	2.64%	2.64%	2.72%	1.70%	3.43%	2.62%
Effective Tax Rate	30.31%	30.31%	15.94%	18.11%	25.42%	55.72%
EBITDA	6,536	6,536	5,346	3,182	2,944	2,630
EBITDA Margin	5.18%	5.18%	3.72%	2.90%	3.98%	3.17%
Depreciation & Amortization	1,155	1,155	1,027	920.92	838.2	768.38
EBIT	5,381	5,381	4,318	2,261	2,106	1,861
EBIT Margin	4.27%	4.27%	3.01%	2.06%	2.84%	2.24%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).