Ultrapar Participacoes S.A.

UGP Energy Oil & Gas Refining & Marketing

Ultrapar Participacoes S.A.’s revenue for fiscal 2025 (year ended December 2025) was $25.5 billion, up 3.02% from fiscal 2024.

Revenue
+36.7%
EPS
+61.1%
Free cash flow
+873.6%
Total debt
+16.3%

Quarter to June 2026, against a year earlier

5.57 0.03 −0.54%
Market cap
$6.0B
P/E
8.8×
Fwd P/E
—
Dividend yield
6.75%
F-score
5/9
Altman Z
4.05
Beneish M
−2.74
Dividend safety
39/100

Ultrapar Participacoes S.A. (UGP) Operating margin

Alert me on Operating margin

Ultrapar Participacoes S.A.'s operating margin over the twelve months to 30 June 2026 was 4.95%, up 1.4 percentage points from fiscal 2025 (3.54%). Over the past ten years it has ranged from 1.46% (fiscal 2019) to 4.01% (fiscal 2016); the current reading is higher than 55% of that period. That is below the Oil & Gas Refining & Marketing industry median of 7.14% and below the Energy sector median of 15.2%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 3.54% (0.26)
FY2024 3.80% 0.18
FY2023 3.62% 1.30
FY2022 2.32% 0.69
FY2021 1.63% (0.60)
FY2020 2.23% 0.77
FY2019 1.46% (0.63)
FY2018 2.09% (1.49)
FY2017 3.58% (0.43)
FY2016 4.01% 0.10

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 7.25% 2.27
Mar 2026 4.98% 1.74
Dec 2025 3.24% (0.65)
Sep 2025 3.89% (0.30)
42 more quarters

Against its own ten years

Low 1.46% High 4.01%
Ten-year median 3.54%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
DKL Delek Logistics Partners, L.P. compare 15.3%
DINO HF Sinclair Corporation compare 13.5%
PARR Par Pacific Holdings, Inc. compare 13.2%
PBF PBF Energy Inc. compare 9.78%
CVI CVR Energy Inc. compare 5.72%
UGP Ultrapar Participacoes S.A. 4.95%
DK Delek US Holdings, Inc. compare 4.84%
SUN Sunoco LP compare 4.60%
IEP Icahn Enterprises L.P. compare 0.00%
Oil & Gas Refining & Marketing industry median 7.14%
Energy sector median 15.2%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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