Ultrapar Participacoes S.A.
Research Ultrapar Participacoes S.A. (UGP) on Bullrun: valuation model: 50.3% overvalued, market cap USD 8.44B, P/E 24.3, dividend yield 2.5%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerUGP
- ExchangeNYSE
- CountryBrazil
- SectorEnergy
- IndustryOil & Gas Refining & Marketing
- CurrencyUSD
- Valuation signal50.3% overvalued
- Market capUSD 8.44B
- P/E24.3
- Dividend yield2.5%
- Financial periodQ2 2026
- RevenueBRL 41.52B
- Net incomeBRL 1.55B
- Free cash flowBRL 4.38B
- Gross margin11.1%
Valuation Snapshot
Bullrun's latest valuation model marks Ultrapar Participacoes S.A. as 50.3% overvalued; latest market cap is USD 8.44B; P/E is 24.3; dividend yield is 2.5%.
Peer valuation comparison
Latest P/E is 24.31x versus a Energy sector median of 15.51x (56.7% above).
Latest dividend yield is 2.45% versus a Energy sector median of 3.62% (32.3% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | BRL 142.37B | BRL 2.45B | BRL 3.45B | 6.6% | 2.24 | BRL 3.18B | BRL 21.83B | BRL 15.67B |
| FY2024 | BRL 133.50B | BRL 2.36B | BRL 1.95B | 7.3% | 2.11 | BRL 2.07B | BRL 15.35B | BRL 15.16B |
| FY2023 | BRL 126.05B | BRL 2.44B | BRL 2.56B | 7.4% | 2.21 | BRL 5.93B | BRL 13.30B | BRL 13.51B |
| FY2022 | BRL 143.63B | BRL 1.80B | BRL 797.86M | 5.1% | 1.64 | BRL 5.62B | BRL 13.28B | BRL 11.71B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 8.44B | 24.3 | 2.4% | 0.19 |
| 2025 | 2025-12-31 | USD 4.03B | 9.4 | n/a | n/a |
| 2024 | 2024-12-31 | USD 2.85B | 6.7 | 4.9% | 0.13 |
| 2023 | 2023-12-29 | USD 5.90B | 13.9 | 1.3% | 0.07 |
| 2022 | 2022-12-30 | USD 2.64B | 10.1 | 4.5% | 0.11 |
| 2021 | 2021-12-31 | USD 2.87B | 18.9 | 4.5% | 0.12 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.19 USD, yield 2.5%.
| Year | Dividends/share |
|---|---|
| FY2024 | 0.13 BRL |
| FY2023 | 0.07 BRL |
| FY2022 | 0.11 BRL |
About Ultrapar Participacoes S.A.
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.
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Frequently asked questions
Is Ultrapar Participacoes S.A. overvalued or undervalued?
Bullrun's valuation model currently marks Ultrapar Participacoes S.A. as 50.3% overvalued.
What is Ultrapar Participacoes S.A.'s market cap?
Ultrapar Participacoes S.A.'s market capitalization is USD 8.44B.
What is Ultrapar Participacoes S.A.'s P/E ratio?
Ultrapar Participacoes S.A.'s price-to-earnings (P/E) ratio is 24.3.
Does Ultrapar Participacoes S.A. pay a dividend?
Ultrapar Participacoes S.A. has a dividend yield of 2.5%.
What does Ultrapar Participacoes S.A. do?
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.