Ultrapar Holdings Inc - Understand $ugp stock

$UGP Market Cap: $25.11 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$128.6B

TTM

Gross Margin

7.83%

TTM

Net Earnings

$2.833B

TTM

Current Assets

$15.75B

Q2 2024

Current Liabilities

$10.15B

Q2 2024

Current Ratio

155.12%

Q2 2024

Total Assets

$38.34B

Q2 2024

Total Liabilities

$24.06B

Q2 2024

Book Value

$14.28B

Q2 2024

Cash

$3.574B

Q2 2024

P/E

8.862

Nov 29, 2024 EST

Free Cash Flow

$2.873B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Revenue	$126.0B	$143.6B	$109.7B	$74.06B	$89.30B	$90.70B	$79.23B	$77.35B	$75.66B	$67.74B	$60.94B	$53.92B	$48.66B	$42.48B	$36.12B	$28.27B	$19.92B	$4.794B	$4.694B	$4.784B	$4.000B	$2.995B	$2.285B	$1.961B	$1.703B	$1.120B	$1.017B	$940.0M	$1.009B	$1.075B
YoY Change	-12.24%	30.89%	48.17%	-17.07%	-1.54%	14.47%	2.43%	2.24%	11.69%	11.15%	13.02%	10.81%	14.54%	17.63%	27.76%	41.9%	315.54%	2.13%	-1.88%	19.6%	33.56%	31.07%	16.52%	15.15%	52.05%	10.13%	8.19%	-6.84%	-6.14%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Revenue	$126.0B	$143.6B	$109.7B	$74.06B	$89.30B	$90.70B	$79.23B	$77.35B	$75.66B	$67.74B	$60.94B	$53.92B	$48.66B	$42.48B	$36.12B	$28.27B	$19.92B	$4.794B	$4.694B	$4.784B	$4.000B	$2.995B	$2.285B	$1.961B	$1.703B	$1.120B	$1.017B	$940.0M	$1.009B	$1.075B
Cost Of Revenue	$116.7B	$136.3B	$104.8B	$70.06B	$83.19B	$84.54B	$72.43B	$70.34B	$68.93B	$62.30B	$56.17B	$49.80B	$45.14B	$39.32B	$33.41B	$26.15B	$18.22B	$3.860B	$3.783B	$3.670B	$3.196B	$2.247B	$1.698B	$1.500B	$1.195B	$599.0M	$526.0M	$496.0M	$549.0M	$614.0M
Gross Profit	$9.318B	$7.358B	$4.905B	$4.002B	$6.111B	$6.161B	$6.799B	$7.010B	$6.722B	$5.432B	$4.775B	$4.122B	$3.522B	$3.159B	$2.704B	$2.116B	$1.697B	$934.0M	$910.0M	$1.114B	$804.0M	$747.0M	$586.0M	$461.0M	$509.0M	$521.0M	$491.0M	$444.0M	$459.0M	$461.0M
Gross Profit Margin	7.39%	5.12%	4.47%	5.4%	6.84%	6.79%	8.58%	9.06%	8.88%	8.02%	7.84%	7.64%	7.24%	7.44%	7.49%	7.49%	8.52%	19.48%	19.39%	23.29%	20.1%	24.94%	25.65%	23.51%	29.89%	46.52%	48.28%	47.23%	45.49%	42.88%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Selling, General & Admin	$4.271B	$3.676B	$3.538B	$2.722B	$3.610B	$4.212B	$3.994B	$3.557B	$3.838B	$3.289B	$2.769B	$2.495B	$1.939B	$1.762B	$1.526B	$1.137B	$995.0M	$482.0M	$425.0M	$431.0M	$357.0M	$301.0M	$252.0M	$223.0M	$203.0M	$398.0M	$398.0M	$394.0M	$430.0M	$458.0M
YoY Change	16.18%	3.9%	29.98%	-24.58%	-14.31%	5.47%	12.28%	-7.32%	16.69%	18.78%	10.98%	28.67%	10.05%	15.47%	34.21%	14.27%	106.43%	13.41%	-1.39%	20.73%	18.6%	19.44%	13.0%	9.85%	-48.99%	0.0%	1.02%	-8.37%	-6.11%
% of Gross Profit	45.84%	49.96%	72.14%	68.03%	59.07%	68.38%	58.75%	50.74%	57.1%	60.55%	57.99%	60.53%	55.05%	55.78%	56.43%	53.73%	58.63%	51.61%	46.7%	38.69%	44.4%	40.29%	43.0%	48.37%	39.88%	76.39%	81.06%	88.74%	93.68%	99.35%
Research & Development					$61.59M
YoY Change
% of Gross Profit					1.01%
Depreciation & Amortization	$1.155B	$1.021B	$913.8M	$1.267B	$1.145B	$812.5M	$704.5M	$1.104B	$1.003B	$887.8M	$778.9M	$696.3M	$580.1M	$530.8M	$439.3M	$375.5M	$300.6M	$185.8M	$187.7M	$173.0M	$146.9M	$121.4M	$93.70M	$120.3M	$107.7M	$83.90M	$76.70M	$73.20M
YoY Change	13.14%	11.69%	-27.88%	10.7%	40.89%	15.32%	-36.16%	10.06%	12.93%	13.98%	11.86%	20.03%	9.29%	20.83%	16.99%	24.92%	61.79%	-1.01%	8.5%	17.77%	21.0%	29.56%	-22.11%	11.7%	28.37%	9.39%	4.78%
% of Gross Profit	12.39%	13.87%	18.63%	31.67%	18.73%	13.19%	10.36%	15.74%	14.92%	16.35%	16.31%	16.89%	16.47%	16.8%	16.25%	17.75%	17.71%	19.89%	20.63%	15.53%	18.27%	16.25%	15.99%	26.1%	21.16%	16.1%	15.62%	16.49%
Operating Expenses	$4.874B	$4.191B	$3.515B	$2.678B	$4.187B	$4.239B	$4.004B	$3.898B	$3.787B	$3.182B	$2.671B	$2.417B	$2.090B	$1.913B	$1.832B	$1.497B	$1.109B	$604.0M	$553.0M	$551.0M	$453.0M	$382.0M	$308.0M	$282.0M	$250.0M	$427.0M	$423.0M	$417.0M	$426.0M	$435.0M
YoY Change	16.3%	19.22%	31.28%	-36.05%	-1.23%	5.89%	2.7%	2.93%	19.02%	19.13%	10.51%	15.65%	9.25%	4.42%	22.38%	34.99%	83.61%	9.22%	0.36%	21.63%	18.59%	24.03%	9.22%	12.8%	-41.45%	0.95%	1.44%	-2.11%	-2.07%
Operating Profit	$4.444B	$3.167B	$1.390B	$1.324B	$1.924B	$1.921B	$2.795B	$3.112B	$2.934B	$2.250B	$2.104B	$1.705B	$1.432B	$1.246B	$872.0M	$619.0M	$588.0M	$330.0M	$357.0M	$563.0M	$351.0M	$365.0M	$278.0M	$179.0M	$259.0M	$94.00M	$68.00M	$27.00M	$33.00M	$26.00M
YoY Change	40.3%	127.93%	4.96%	-31.18%	0.13%	-31.25%	-10.18%	6.05%	30.43%	6.92%	23.4%	19.06%	14.93%	42.89%	40.87%	5.27%	78.18%	-7.56%	-36.59%	60.4%	-3.84%	31.29%	55.31%	-30.89%	175.53%	38.24%	151.85%	-18.18%	26.92%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Interest Expense	-$694.2M	-$1.487B	-$671.5M	-$523.9M	-$440.6M	-$262.6M	-$387.3M	-$713.7M	-$638.3M	-$429.9M	-$294.0M	-$233.0M	-$265.0M	-$208.0M	-$235.0M	-$74.00M	-$221.0M	$1.000M	$2.000M	$94.00M	$52.00M	-$2.000M	$2.000M	$15.00M	$2.000M	-$5.000M	$2.000M	-$1.000M	$3.000M	$1.000M
YoY Change	-53.32%	121.48%	28.17%	18.9%	67.75%	-32.19%	-45.73%	11.82%	48.47%	46.22%	26.18%	-12.08%	27.4%	-11.49%	217.57%	-66.52%	-22200.0%	-50.0%	-97.87%	80.77%	-2700.0%	-200.0%	-86.67%	650.0%	-140.0%	-350.0%	-300.0%	-133.33%	200.0%
% of Operating Profit	-15.62%	-46.95%	-48.32%	-39.57%	-22.9%	-13.67%	-13.86%	-22.94%	-21.75%	-19.11%	-13.97%	-13.67%	-18.51%	-16.69%	-26.95%	-11.95%	-37.59%	0.3%	0.56%	16.7%	14.81%	-0.55%	0.72%	8.38%	0.77%	-5.32%	2.94%	-3.7%	9.09%	3.85%
Other Income/Expense, Net	-$293.0M	$30.16M	-$108.9M	-$70.49M	-$78.40M	$134.3M	-$66.30M	-$121.4M	-$75.96M	-$32.00M	-$49.00M	-$30.00M	-$31.00M	-$56.00M	$20.00M	$11.00M	$9.000M	$12.00M	-$29.00M	-$61.00M	-$56.00M	-$16.00M	-$48.00M	-$146.0M	-$93.00M	-$4.000M	$6.000M	$14.00M	$10.00M	$0.00
YoY Change	-1071.54%	-127.69%	54.48%	-10.09%	-158.36%	-302.62%	-45.39%	59.8%	137.35%	-34.69%	63.33%	-3.23%	-44.64%	-380.0%	81.82%	22.22%	-25.0%	-141.38%	-52.46%	8.93%	250.0%	-66.67%	-67.12%	56.99%	2225.0%	-166.67%	-57.14%	40.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Pretax Income	$3.579B	$1.880B	$1.007B	$951.6M	$781.6M	$1.771B	$2.339B	$2.271B	$2.247B	$1.825B	$1.801B	$1.447B	$1.156B	$1.060B	$657.0M	$556.0M	$376.0M	$343.0M	$331.0M	$596.0M	$347.0M	$348.0M	$233.0M	$48.00M	$167.0M	$85.00M	$76.00M	$40.00M	$47.00M	$28.00M
YoY Change	90.38%	86.73%	5.79%	21.76%	-55.87%	-24.29%	3.02%	1.04%	23.16%	1.32%	24.46%	25.17%	9.06%	61.34%	18.17%	47.87%	9.62%	3.63%	-44.46%	71.76%	-0.29%	49.36%	385.42%	-71.26%	96.47%	11.84%	90.0%	-14.89%	67.86%
Income Tax	$1.061B	$341.5M	$188.0M	$304.5M	$378.6M	$638.7M	$813.3M	$700.0M	$734.3M	$573.5M	$573.0M	$429.0M	$301.0M	$295.0M	$187.0M	$152.0M	$86.00M	$56.00M	$29.00M	$177.0M	$97.00M	$71.00M	$28.00M	$11.00M	$41.00M	$14.00M	$17.00M	$9.000M	$18.00M	-$8.000M
% Of Pretax Income	29.65%	18.17%	18.68%	32.0%	48.44%	36.06%	34.77%	30.83%	32.68%	31.43%	31.82%	29.65%	26.04%	27.83%	28.46%	27.34%	22.87%	16.33%	8.76%	29.7%	27.95%	20.4%	12.02%	22.92%	24.55%	16.47%	22.37%	22.5%	38.3%	-28.57%
Net Earnings	$2.440B	$1.801B	$850.5M	$893.4M	$373.5M	$1.150B	$1.527B	$1.562B	$1.503B	$1.242B	$1.225B	$1.011B	$849.0M	$765.0M	$467.0M	$400.0M	$189.0M	$282.0M	$299.0M	$414.0M	$246.0M	$222.0M	$132.0M	$24.00M	$60.00M	$38.00M	$35.00M	$13.00M	$9.000M	$18.00M
YoY Change	35.48%	111.75%	-4.8%	139.18%	-67.53%	-24.64%	-2.25%	3.87%	21.09%	1.35%	21.17%	19.08%	10.98%	63.81%	16.75%	111.64%	-32.98%	-5.69%	-27.78%	68.29%	10.81%	68.18%	450.0%	-60.0%	57.89%	8.57%	169.23%	44.44%	-50.0%
Net Earnings / Revenue	1.94%	1.25%	0.78%	1.21%	0.42%	1.27%	1.93%	2.02%	1.99%	1.83%	2.01%	1.88%	1.74%	1.8%	1.29%	1.42%	0.95%	5.88%	6.37%	8.65%	6.15%	7.41%	5.78%	1.22%	3.52%	3.39%	3.44%	1.38%	0.89%	1.67%
Basic Earnings Per Share
Diluted Earnings Per Share	$2.21	$1.64	$775.3K	$815.2K	$342.2K	$1.054M	$1.399M	$1.431M	$1.372M	$1.130M	$1.142M	$943.1K	$792.0K	$713.6K	$435.6K	$373.5K	$174.4K	$434.5K	$460.7K	$647.9K	$383.8K	$393.6K	$270.5K	$49.18K	$150.0K	$101.9K	$93.83K	$34.85K	$24.13K	$48.26K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Cash & Short-Term Investments	$6.219B	$6.142B	$4.084B	$7.695B	$5.206B	$6.792B	$6.286B	$5.687B	$4.269B	$3.506B	$3.012B	$2.708B	$3.201B	$2.276B	$2.126B	$1.623B	$1.070B	$1.251B	$558.0M	$554.0M	$638.0M	$656.0M	$862.0M	$857.0M	$374.0M	$303.0M	$169.0M	$204.0M	$76.00M
YoY Change	1.25%	50.39%	-46.92%	47.82%	-23.36%	8.06%	10.53%		21.76%	16.41%	11.23%	-15.4%	40.64%	7.06%	30.99%	51.68%	-14.47%	124.19%	0.72%	-13.17%	-2.74%	-23.9%	0.58%	129.14%	23.43%	79.29%	-17.16%	168.42%
Cash & Equivalents	$5.801B	$5.510B	$1.946B	$2.256B	$1.830B	$3.733B	$4.854B	$4.274B	$2.694B	$2.511B	$1.970B	$1.683B	$2.570B	$2.148B	$2.126B	$1.623B	$1.070B	$1.251B	$558.0M	$554.0M	$638.0M	$656.0M	$862.0M	$857.0M	$374.0M	$299.0M	$169.0M	$204.0M	$76.00M
Short-Term Investments	$292.9M	$520.4M	$1.804B	$5.033B	$3.090B	$2.853B	$1.283B	$1.413B	$1.442B	$803.3M	$962.0M	$917.0M	$558.0M												$0.00	$4.000M
Other Short-Term Assets	$99.92M	$123.7M	$11.10B	$611.0M	$576.8M	$672.0M	$606.3M	$572.2M	$67.00M	$81.48M	$54.00M	$40.00M	$35.00M	$192.0M	$131.0M	-$55.00M	$36.00M	-$8.000M	$6.000M	$35.00M	$56.00M	$24.00M	$2.000M	$1.000M	$1.000M	$1.000M	$34.00M	$33.00M	$23.00M
YoY Change	-19.22%	-98.89%	1716.43%	5.93%	-14.17%	10.85%	5.95%		-17.77%	50.88%	35.0%	14.29%	-81.77%	46.56%	-338.18%	-252.78%	-550.0%	-233.33%	-82.86%	-37.5%	133.33%	1100.0%	100.0%	0.0%	0.0%	-97.06%	3.03%	43.48%
Inventory	$4.291B	$4.906B	$3.919B	$3.846B	$3.716B	$3.355B	$3.514B	$2.781B	$1.925B	$2.495B	$1.300B	$1.310B	$1.134B	$942.0M	$1.034B	$631.0M	$217.0M	$211.0M	$206.0M	$138.0M	$106.0M	$95.00M	$100.0M	$92.00M	$76.00M	$85.00M	$84.00M	$80.00M	$65.00M
Prepaid Expenses
Receivables	$4.709B	$4.763B	$3.930B	$3.319B	$3.636B	$4.069B	$3.861B	$3.177B	$2.604B	$3.167B	$2.307B	$2.026B	$1.716B	$1.613B	$1.429B	$1.521B	$360.0M	$363.0M	$369.0M	$322.0M	$272.0M	$149.0M	$139.0M	$118.0M	$84.00M	$79.00M	$54.00M	$75.00M	$73.00M
Other Receivables	$3.330B	$2.629B	$1.992B	$2.018B	$1.924B	$1.324B	$1.223B	$1.149B	$637.0M	$661.3M	$504.0M	$491.0M	$372.0M	$355.0M	$416.0M	$1.975B	$124.0M	$71.00M	$117.0M	$116.0M	$115.0M	$121.0M	$101.0M	$58.00M	$47.00M	$39.00M	$0.00	$0.00	$0.00
Total Short-Term Assets	$18.65B	$18.56B	$25.02B	$17.49B	$15.06B	$16.21B	$15.49B	$13.37B	$9.502B	$9.911B	$7.177B	$6.575B	$6.457B	$5.378B	$5.136B	$5.696B	$1.807B	$1.888B	$1.256B	$1.165B	$1.187B	$1.045B	$1.204B	$1.125B	$582.0M	$507.0M	$342.0M	$392.0M	$237.0M
YoY Change	0.45%	-25.81%	43.08%	16.14%	-7.12%	4.66%	15.89%		-4.13%	38.1%	9.16%	1.83%	20.06%	4.71%	-9.83%	215.22%	-4.29%	50.32%	7.81%	-1.85%	13.59%	-13.21%	7.02%	93.3%	14.79%	48.25%	-12.76%	65.4%
Property, Plant & Equipment	$8.099B	$7.654B	$7.186B	$10.16B	$9.554B	$7.279B	$6.638B	$5.796B	$5.092B	$5.439B	$4.701B	$4.279B	$4.004B	$3.791B	$3.131B	$2.269B	$807.0M	$1.073B	$1.047B	$969.0M	$780.0M	$708.0M	$787.0M	$893.0M	$898.0M	$899.0M	$850.0M	$1.009B	$1.062B
YoY Change	5.82%	6.51%	-29.25%	6.31%	31.25%	9.66%	14.52%		-6.38%	15.7%	9.86%	6.87%	5.62%	21.08%	37.99%	181.16%	-24.79%	2.48%	8.05%	24.23%	10.17%	-10.04%	-11.87%	-0.56%	-0.11%	5.76%	-15.76%	-4.99%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.270B	$554.2M	$457.9M	$1.145B	$688.1M	$331.4M	$234.6M	$156.8M	$201.0M	$570.7M	$165.0M	$90.00M	$35.00M	$30.00M	$41.00M	$168.0M	$579.0M	$405.0M	$71.00M	$33.00M	$33.00M	$89.00M	$151.0M	$124.0M	$116.0M	$137.0M	$163.0M	$113.0M	$111.0M
YoY Change	129.2%	21.04%	-60.01%	66.38%	107.62%	41.27%	49.64%		-64.78%	245.87%	83.33%	157.14%	16.67%	-26.83%	-75.6%	-70.98%	42.96%	470.42%	115.15%	0.0%	-62.92%	-41.06%	21.77%	6.9%	-15.33%	-15.95%	44.25%	1.8%
Other Assets	$2.486B	$2.046B	$1.635B	$3.427B	$2.838B	$3.024B	$3.032B	$2.451B	$1.291B	$1.194B	$1.080B	$1.049B	$986.0M	$632.0M	$511.0M	$771.0M	$192.0M	$186.0M	$180.0M	$177.0M	$124.0M	$104.0M	$123.0M	$79.00M	$57.00M	$39.00M	$23.00M	$25.00M	$24.00M
YoY Change	21.51%	25.11%	-52.28%	20.73%	-6.12%	-0.28%	23.73%		8.17%	10.51%	2.96%	6.39%	56.01%	23.68%	-33.72%	301.56%	3.23%	3.33%	1.69%	42.74%	19.23%	-15.45%	55.7%	38.6%	46.15%	69.57%	-8.0%	4.17%
Total Long-Term Assets	$19.60B	$17.88B	$13.99B	$18.76B	$16.14B	$14.29B	$12.79B	$10.71B	$9.978B	$10.80B	$8.123B	$7.168B	$6.533B	$5.712B	$4.531B	$3.529B	$2.043B	$1.743B	$1.323B	$1.187B	$941.0M	$907.0M	$1.063B	$1.098B	$1.076B	$1.083B	$1.060B	$1.160B	$1.216B
YoY Change	9.66%	27.81%	-25.45%	16.26%	12.95%	11.67%	19.48%		-7.63%	32.98%	13.32%	9.72%	14.37%	26.06%	28.39%	72.74%	17.21%	31.75%	11.46%	26.14%	3.75%	-14.68%	-3.19%	2.04%	-0.65%	2.17%	-8.62%	-4.61%
Total Assets	$38.25B	$36.44B	$39.01B	$36.25B	$31.20B	$30.50B	$28.28B	$24.07B	$19.48B	$20.71B	$15.30B	$13.74B	$12.99B	$11.09B	$9.667B	$9.225B	$3.850B	$3.631B	$2.579B	$2.352B	$2.128B	$1.952B	$2.267B	$2.223B	$1.658B	$1.590B	$1.402B	$1.552B	$1.453B
YoY Change
Accounts Payable	$5.722B	$7.378B	$5.790B	$4.041B	$2.700B	$2.732B	$2.155B	$1.710B	$1.280B	$1.461B	$1.312B	$1.075B	$941.0M	$892.0M	$614.0M	$583.0M	$113.0M	$91.00M	$102.0M	$90.00M	$104.0M	$88.00M	$87.00M	$73.00M	$43.00M	$44.00M	$37.00M	$43.00M	$43.00M
YoY Change	-22.44%	27.42%	43.29%	49.65%	-1.16%	26.73%	26.08%		-12.36%	11.32%	22.05%	14.24%	5.49%	45.28%	5.32%	415.93%	24.18%	-10.78%	13.33%	-13.46%	18.18%	1.15%	19.18%	69.77%	-2.27%	18.92%	-13.95%	0.0%
Accrued Expenses	$687.1M	$482.7M	$351.2M	$495.7M	$434.6M	$473.8M	$418.2M	$387.7M	$306.0M	$418.1M	$266.0M	$282.0M	$240.0M	$188.0M	$173.0M	$132.0M	$81.00M	$66.00M	$94.00M	$75.00M	$64.00M	$50.00M	$45.00M	$38.00M	$34.00M	$34.00M	$30.00M	$32.00M	$29.00M
YoY Change	42.34%	37.45%	-29.15%	14.06%	-8.29%	13.31%	7.87%		-26.8%	57.17%	-5.67%	17.5%	27.66%	8.67%	31.06%	62.96%	22.73%	-29.79%	25.33%	17.19%	28.0%	11.11%	18.42%	11.76%	0.0%	13.33%	-6.25%	10.34%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$2.305B	$3.586B	$3.055B	$3.516B	$1.324B	$2.274B	$3.504B	$2.476B	$3.442B	$1.098B	$1.641B	$2.305B	$820.0M	$1.021B	$1.673B	$1.819B	$116.0M	$154.0M	$293.0M	$326.0M	$220.0M	$125.0M	$134.0M	$190.0M	$168.0M	$114.0M	$65.00M	$137.0M	$62.00M
YoY Change	-35.73%	17.38%	-13.12%	165.6%	-41.78%	-35.1%	41.53%		213.52%	-33.1%	-28.81%	181.1%	-19.69%	-38.97%	-8.03%	1468.1%	-24.68%	-47.44%	-10.12%	48.18%	76.0%	-6.72%	-29.47%	13.1%	47.37%	75.38%	-52.55%	120.97%
Total Short-Term Liabilities	$11.23B	$12.77B	$12.64B	$9.241B	$5.195B	$6.337B	$7.010B	$5.484B	$5.692B	$3.833B	$3.749B	$4.098B	$2.518B	$2.488B	$2.748B	$3.009B	$431.0M	$440.0M	$597.0M	$577.0M	$468.0M	$324.0M	$323.0M	$357.0M	$296.0M	$244.0M	$168.0M	$268.0M	$169.0M
YoY Change	-12.04%	1.0%	36.79%	77.88%	-18.02%	-9.6%	27.81%		48.48%	2.25%	-8.52%	62.75%	1.21%	-9.46%	-8.67%	598.14%	-2.05%	-26.3%	3.47%	23.29%	44.44%	0.31%	-9.52%	20.61%	21.31%	45.24%	-37.31%	58.58%
Long-Term Debt	$10.99B	$9.688B	$14.67B	$15.69B	$14.66B	$12.93B	$10.09B	$8.942B	$4.933B	$7.804B	$4.598B	$3.257B	$4.576B	$3.323B	$2.014B	$1.359B	$1.382B	$1.279B	$258.0M	$306.0M	$364.0M	$290.0M	$292.0M	$279.0M	$265.0M	$283.0M	$152.0M	$74.00M	$67.00M
YoY Change	13.41%	-33.96%	-6.51%	7.07%	13.34%	28.21%	12.81%		-36.79%	69.72%	41.17%	-28.82%	37.71%	65.0%	48.2%	-1.66%	8.05%	395.74%	-15.69%	-15.93%	25.52%	-0.68%	4.66%	5.28%	-6.36%	86.18%	105.41%	10.45%
Other Long-Term Liabilities	$2.005B	$1.811B	$1.230B	$1.393B	$1.500B	$1.421B	$1.480B	$1.165B	$976.0M	$1.089B	$852.0M	$773.0M	$694.0M	$403.0M	$199.0M	$219.0M	$44.00M	$69.00M	$63.00M	$51.00M	$39.00M	$74.00M	$69.00M	$29.00M	$18.00M	$14.00M	$54.00M	$90.00M	$150.0M
YoY Change	10.71%	47.3%	-11.73%	-7.15%	5.56%	-3.98%	27.04%		-10.36%	27.79%	10.22%	11.38%	72.21%	102.51%	-9.13%	397.73%	-36.23%	9.52%	23.53%	30.77%	-47.3%	7.25%	137.93%	61.11%	28.57%	-74.07%	-40.0%	-40.0%
Total Long-Term Liabilities	$12.99B	$11.50B	$15.90B	$17.09B	$16.16B	$14.35B	$11.57B	$10.11B	$5.909B	$8.893B	$5.450B	$4.030B	$5.270B	$3.726B	$2.213B	$1.578B	$1.426B	$1.348B	$321.0M	$357.0M	$403.0M	$364.0M	$361.0M	$308.0M	$283.0M	$297.0M	$206.0M	$164.0M	$217.0M
YoY Change	12.98%	-27.68%	-6.94%	5.75%	12.57%	24.09%	14.45%		-33.55%	63.17%	35.24%	-23.53%	41.44%	68.37%	40.24%	10.66%	5.79%	319.94%	-10.08%	-11.41%	10.71%	0.83%	17.21%	8.83%	-4.71%	44.17%	25.61%	-24.42%
Total Liabilities	$24.75B	$24.73B	$28.94B	$26.72B	$21.74B	$21.05B	$19.04B	$15.63B	$11.78B	$12.77B	$9.310B	$8.192B	$7.837B	$6.261B	$5.017B	$4.624B	$1.916B	$1.841B	$978.0M	$996.0M	$937.0M	$1.152B	$1.221B	$1.247B	$1.063B	$1.014B	$853.0M	$963.0M	$886.0M
YoY Change	0.05%	-14.55%	8.34%	22.91%	3.26%	10.57%	21.81%		-7.72%	37.14%	13.65%	4.53%	25.17%	24.8%	8.5%	141.34%	4.07%	88.24%	-1.81%	6.3%	-18.66%	-5.65%	-2.09%	17.31%	4.83%	18.87%	-11.42%	8.69%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $25.107 Billion

About ULTRAPAR HOLDINGS INC

Ultrapar Participaçoes SA engages in the distribution and retail services including, fuel, liquefied petroleum gas (LPG), retail pharmacy, specialty chemicals and liquid bulk storage businesses. The company is headquartered in Sao Paulo, Sao Paulo and currently employs 9,988 full-time employees. The firm operates in five segments: Gas distribution (Ultragaz), which distributes liquefied petroleum gas (LPG) to residential, commercial and industrial consumers in the South, Southeast and Northeast regions of Brazil; Fuel distribution (Ipiranga), which operates the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles and lubricants, as well as provides related activities across the Brazilian territory; Chemicals (Oxiteno), which produces ethylene oxide, as well as its primary derivatives and fatty alcohols; Storage (Ultracargo), which operates liquid bulk terminals, primarily in the Southeast and Northeast regions of Brazil, and Drugstores (Extrafarma), which trades pharmaceutical, hygiene and beauty products through its drugstore chain in the states of Para and Piaui, among others.

Industry: Natural Gas Distribution Peers: