Ultrapar Participações Income Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Revenue	145,792	142,370	133,499	126,049	143,635	109,733
Revenue Growth (YoY)	6.86%	6.64%	5.91%	-12.24%	30.89%	48.17%
Cost of Revenue	135,401	133,011	123,812	116,730	136,276	104,828
Gross Profit	10,391	9,359	9,687	9,318	7,358	4,905
Selling, General & Admin	2,606	-	-	-	-	-
Other Operating Expenses	-512.78	-454.23	242.26	480.93	345.23	-280.36
Total Operating Expenses	2,093	-454.23	242.26	480.93	345.23	-280.36
Operating Income	5,937	5,046	5,073	4,566	3,337	1,787
Interest Income	62.27	-66.51	-129.68	11.91	12.18	-
Interest Expense	-2,320	-	-	-	-	-
Other Non-Operating Income (Expense)	-1,386	-1,167	-931.93	-999.13	-1,469	-762.73
Total Non-Operating Income (Expense)	-2,701	-1,234	-1,062	-987.22	-1,457	-762.73
Pretax Income	4,613	3,812	4,012	3,579	1,880	1,007
Provision for Income Taxes	1,314	1,064	1,486	1,061	341.51	188.03
Net Income	2,997	2,454	2,363	2,440	1,801	850.46
Minority Interest in Earnings	96.3	88.06	163.16	77.96	39.23	33.42
Earnings From Discontinued Operations	-206.31	-206.31	-	-	301.86	65.26
Net Income to Common	2,997	2,454	2,363	2,440	1,801	850.46
Net Income Growth	32.34%	3.86%	-3.16%	35.48%	111.75%	-4.80%
Shares Outstanding (Basic)	1,065	1,072	1,102	1,095	1,092	1,091
Shares Outstanding (Diluted)	1,091	1,095	1,118	1,105	1,099	1,097
Shares Change (YoY)	-2.40%	-2.01%	1.15%	0.57%	0.16%	0.10%
EPS (Basic)	2.77	2.29	2.14	2.23	1.65	0.78
EPS (Diluted)	2.72	2.24	2.11	2.21	1.64	0.78
EPS Growth	33.94%	5.99%	-4.26%	34.71%	111.41%	-4.90%
Shares Outstanding	1,069	1,069	1,082	1,090	1,089	1,091
Free Cash Flow	4,555	3,417	1,948	2,562	797.86	1,558
Free Cash Flow Growth	33.29%	75.38%	-23.96%	221.17%	-48.77%	-34.76%
Free Cash Flow Per Share	4.18	3.12	1.74	2.32	0.73	1.42
Dividends Per Share	1.300	1.300	0.700	0.650	0.510	0.370
Dividend Growth	-	85.71%	7.69%	27.45%	37.84%	-15.91%
Gross Margin	7.13%	6.57%	7.26%	7.39%	5.12%	4.47%
Operating Margin	4.07%	3.54%	3.80%	3.62%	2.32%	1.63%
Profit Margin	2.26%	1.93%	1.89%	2.00%	1.07%	0.75%
FCF Margin	3.12%	2.40%	1.46%	2.03%	0.56%	1.42%
EBITDA	8,166	7,102	6,841	6,328	4,869	2,990
EBITDA Margin	5.60%	4.99%	5.12%	5.02%	3.39%	2.73%
EBIT	5,937	5,046	5,073	4,566	3,337	1,787
EBIT Margin	4.07%	3.54%	3.80%	3.62%	2.32%	1.63%
Effective Tax Rate	28.48%	27.90%	37.03%	29.65%	18.17%	18.68%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q