Ultrapar Participações S.A. (UGP)

Ultrapar Participações Income Statement

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

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Revenue	41,521	36,752	37,951	37,034	34,055	33,329	35,401	35,358	32,344	30,396	33,421	32,484	29,593	30,552	35,957	39,295	36,879	31,503	31,904	29,452
Revenue Growth (YoY)	21.92%	10.27%	7.20%	4.74%	5.29%	9.65%	5.93%	8.85%	9.30%	-0.51%	-7.05%	-17.33%	-19.76%	-3.02%	12.70%	33.42%	39.98%	43.00%	-	41.86%
Cost of Revenue	36,903	33,578	35,359	34,556	31,907	31,188	32,166	33,076	30,236	28,335	30,915	29,619	27,920	28,839	34,477	37,709	35,028	30,034	30,374	28,270
Gross Profit	4,619	3,174	2,592	2,478	2,148	2,142	3,236	2,282	2,108	2,061	2,506	2,864	1,672	1,713	1,480	1,586	1,852	1,470	1,530	1,182
Selling, General & Admin	1,439	1,320	1,286	1,173	1,188	1,120	1,113	1,092	1,158	1,010	1,187	1,127	993.02	964.9	983.22	897.44	954.82	840.99	1,051	848.76
Other Operating Expenses	35.15	23.14	132.4	-123.51	-450.06	86.5	76.69	111.38	71.24	137.79	112.21	170.97	206	133.21	100.45	174.88	136.88	102.32	23.8	-10.92
Operating Expenses	1,474	1,343	1,419	1,049	737.85	1,206	1,189	1,203	1,229	1,148	1,299	1,298	1,199	1,098	1,084	1,072	1,092	943.31	1,075	837.85
Operating Income	3,145	1,831	1,173	1,428	1,410	935.2	2,046	1,079	879.22	913.63	1,207	1,567	473.25	614.61	396.16	513.76	760.17	526.37	455.38	344.41
Interest Expense	-727.61	-792.25	-646.01	-774.47	-675.78	-371.46	-341.24	-329.07	-486.33	-295.11	-442.51	-596.76	-403.4	-367.37	-442.96	-501.15	-708.33	-322.11	-244.58	-368.43
Interest & Investment Income	207.29	439.95	356.38	373.44	644.37	168.6	180.17	220.81	280.59	148.45	156.36	296.14	186.68	163.89	125.84	176.41	209.7	78.11	141.57	114.66
Earnings From Equity Investments	-19.14	-20.31	-40.27	-8.06	41.42	-149.08	-120.21	4.13	-8.01	-3.08	0.19	-0.3	1.57	10.45	2.1	-11.14	7.72	13.5	4.52	-11.28
Currency Exchange Gain (Loss)	-	-	-231.11	-	-	-	-163.43	-	-	-90.64	143.68	-	-	-65.89	-6.17	-	-	-181.16	-35.96	-
Other Non Operating Income (Expenses)	-344	-46.16	-34.2	-	-	22.89	-10.66	-	-	-45.47	-27.72	-	-	-42.22	102.3	-	-	0.31	-76.87	-
EBT Excluding Unusual Items	2,261	1,412	577.82	1,019	1,420	606.15	1,591	975.13	665.46	627.77	1,037	1,266	258.1	313.47	177.28	177.88	269.26	115.02	244.07	79.36
Gain (Loss) on Sale of Investments	-0.4	-0.4	-0.4	-0.4	-0.4	-0.4	-0.4	-0.41	-1.68	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Sale of Assets	-134.21	0.5	65.57	13.3	106.5	5.31	66.48	31.48	37.07	36.81	17.61	11.77	39.78	52.78	39.48	49.15	55.58	25.07	126.3	17.45
Legal Settlements	-	-	-	-	-	-	-	-	-	-	19.53	-	-	-	-	-	-	-	42.24	-
Other Unusual Items	344	-	-	-	-	-	-	-	-17	-	563	-	-	-	971	-	-	-	-	-
Pretax Income	2,470	1,412	642.98	1,032	1,526	611.05	1,657	1,006	683.85	664.58	1,637	1,278	297.88	366.25	1,188	227.03	324.85	140.09	412.61	96.81
Income Tax Expense	793.2	498.26	204.37	257.41	354.04	247.87	776.07	307.78	192.64	209.13	523.05	386.28	59.19	92.42	343.73	46.72	-72.19	23.26	70.86	-64.67
Earnings From Continuing Operations	1,677	914.16	438.61	774.51	1,172	363.18	880.82	698.42	491.21	455.45	1,114	891.24	238.69	273.83	844.03	180.31	397.04	116.83	341.75	161.49
Earnings From Discontinued Operations	-	-	-182.82	-2.1	-21.39	-	-	-	-	-	-	-	-	-	-7.65	-97.74	62.9	344.35	48.69	212.77
Net Income to Company	1,677	914.16	255.79	772.41	1,151	363.18	880.82	698.42	491.21	455.45	1,114	891.24	238.69	273.83	836.38	82.57	459.94	461.18	390.43	374.26
Minority Interest in Earnings	-128.38	-38.58	67.67	-63.22	-62.17	-30.34	-39.05	-46.84	-53.3	-23.97	-14.99	-26.39	-24.82	-11.76	-13.76	-9.47	-7.07	-8.93	-10.26	-5.05
Net Income	1,549	875.57	323.46	709.19	1,088	332.85	841.77	651.58	437.92	431.47	1,099	864.85	213.88	262.07	822.62	73.1	452.87	452.25	380.18	369.2
Net Income to Common	1,549	875.57	323.46	709.19	1,088	332.85	841.77	651.58	437.92	431.47	1,099	864.85	213.88	262.07	822.62	73.1	452.87	452.25	380.18	369.2
Net Income Growth (YoY)	42.31%	163.06%	-61.57%	8.84%	148.53%	-22.86%	-23.41%	-24.66%	104.75%	64.64%	33.60%	1083.10%	-52.77%	-42.05%	116.38%	-80.20%	-	242.19%	-	39.09%
Shares Outstanding (Basic)	1,070	1,069	1,018	1,087	1,088	1,094	1,108	1,104	1,103	1,099	1,099	1,095	1,095	1,095	1,097	1,091	1,091	1,091	1,056	1,090
Shares Outstanding (Diluted)	1,094	1,093	1,053	1,108	1,109	1,111	1,108	1,120	1,119	1,112	1,099	1,104	1,104	1,105	1,097	1,097	1,097	1,097	1,056	1,097
Shares Change (YoY)	-1.35%	-1.62%	-5.00%	-1.10%	-0.89%	-0.06%	0.81%	1.42%	1.39%	0.63%	0.20%	0.63%	0.66%	0.70%	3.85%	0.05%	0.27%	0.28%	-	0.04%
EPS (Basic)	1.45	0.82	0.32	0.65	1.00	0.30	0.76	0.59	0.40	0.39	1.00	0.79	0.20	0.24	0.75	0.07	0.42	0.41	0.36	0.34
EPS (Diluted)	1.42	0.80	0.31	0.64	0.98	0.30	0.76	0.58	0.39	0.39	1.00	0.78	0.19	0.24	0.75	0.07	0.41	0.41	0.36	0.34
EPS Growth (YoY)	44.26%	167.39%	-59.55%	10.05%	150.77%	-22.80%	-24.02%	-25.71%	101.96%	63.62%	33.34%	1075.43%	-53.08%	-42.47%	108.36%	-80.20%	-	241.17%	-	39.03%

Additional Metrics

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Free Cash Flow	4,377	734.3	1,711	1,655	-	-378.87	1,543	364.56	947.27	-906.12	1,237	1,595	662.84	-932.27	1,440	921.09	168.66	-1,455	519.74	302.26
Free Cash Flow Per Share	4.00	0.67	1.63	1.49	-	-0.34	1.39	0.33	0.85	-0.81	1.13	1.44	0.60	-0.84	1.31	0.84	0.15	-1.33	0.49	0.28
Dividend Per Share	1.000	-	-	1.000	0.300	-	0.450	-	0.250	-	0.400	-	0.250	-	0.098	-	0.412	-	0.170	-
Dividend Growth (YoY)	233.33%	-	-	-	20.00%	-	12.50%	-	0%	-	310.13%	-	-39.39%	-	-42.63%	-	106.23%	-	-	-
Gross Margin	11.12%	8.64%	6.83%	6.69%	6.31%	6.43%	9.14%	6.46%	6.52%	6.78%	7.50%	8.82%	5.65%	5.61%	4.12%	4.04%	5.02%	4.67%	4.80%	4.01%
Operating Margin	7.57%	4.98%	3.09%	3.86%	4.14%	2.81%	5.78%	3.05%	2.72%	3.01%	3.61%	4.82%	1.60%	2.01%	1.10%	1.31%	2.06%	1.67%	1.43%	1.17%
Profit Margin	3.73%	2.38%	0.85%	1.92%	3.20%	1.00%	2.38%	1.84%	1.35%	1.42%	3.29%	2.66%	0.72%	0.86%	2.29%	0.19%	1.23%	1.44%	1.19%	1.25%
Free Cash Flow Margin	10.54%	2.00%	4.51%	4.47%	-	-1.14%	4.36%	1.03%	2.93%	-2.98%	3.70%	4.91%	2.24%	-3.05%	4.01%	2.34%	0.46%	-4.62%	1.63%	1.03%
EBITDA	3,572	2,272	1,582	1,839	1,823	1,266	2,203	1,447	1,247	1,255	1,412	1,920	849.96	942.87	602.21	833.32	1,058	792.58	496.39	582.14
EBITDA Margin	8.60%	6.18%	4.17%	4.96%	5.35%	3.80%	6.22%	4.09%	3.85%	4.13%	4.22%	5.91%	2.87%	3.09%	1.68%	2.12%	2.87%	2.52%	1.56%	1.98%
D&A For EBITDA	427	441.01	409.11	410.67	413.62	331.17	156.66	367.83	367.42	341.36	204.66	353.75	376.7	328.26	206.05	319.56	297.87	266.21	41.01	237.73
EBIT	3,145	1,831	1,173	1,428	1,410	935.2	2,046	1,079	879.22	913.63	1,207	1,567	473.25	614.61	396.16	513.76	760.17	526.37	455.38	344.41
EBIT Margin	7.57%	4.98%	3.09%	3.86%	4.14%	2.81%	5.78%	3.05%	2.72%	3.01%	3.61%	4.82%	1.60%	2.01%	1.10%	1.31%	2.06%	1.67%	1.43%	1.17%
Effective Tax Rate	32.11%	35.28%	31.79%	24.95%	23.20%	40.56%	46.84%	30.59%	28.17%	31.47%	31.95%	30.24%	19.87%	25.23%	28.94%	20.58%	-	16.60%	17.17%	-

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: May 6, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 1, 2026

Data Sources Report a data error