Ultrapar Participações S.A (UGP) Financial Statements
Price: $3.17
Market Cap: $3.43B
Avg Volume: 1.75M
Market Cap: $3.43B
Avg Volume: 1.75M
Country: BR
Industry: Oil & Gas Refining & Marketing
Sector: Energy
Industry: Oil & Gas Refining & Marketing
Sector: Energy
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Ultrapar Participações S.A.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $133.50B | $126.05B | $143.63B | $109.73B | $81.24B | $89.30B | $90.70B | $80.01B | $77.35B | $75.66B |
| Cost of Revenue | $124.88B | $116.73B | $136.28B | $104.83B | $75.63B | $83.19B | $84.54B | $72.74B | $70.34B | $68.93B |
| Gross Profit | $8.62B | $9.32B | $7.36B | $4.90B | $5.61B | $6.11B | $6.16B | $7.27B | $7.01B | $6.72B |
| Gross Profit Ratio | 6.45% | 7.39% | 5.12% | 4.50% | 6.91% | 6.84% | 6.79% | 9.09% | 9.06% | 8.88% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $61.59M | $63.09M | $55.84M | $50.13M | $41.37M |
| General and Administrative Expenses | $1.87B | $2.02B | $1.53B | $1.58B | $1.54B | $1.73B | $1.63B | $1.58B | $1.45B | $1.32B |
| Selling and Marketing Expenses | $2.50B | $2.25B | $2.14B | $1.93B | $2.55B | $2.61B | $2.67B | $2.89B | $2.65B | $2.52B |
| Selling General and Administrative Expenses | $4.37B | $4.27B | $3.68B | $3.52B | $4.08B | $4.34B | $4.30B | $4.46B | $4.10B | $3.84B |
| Other Expenses | $-829.01M | $480.93M | $369.64M | $-183.38M | $-207.45M | $-218.89M | $9.79M | $-239.58M | $-113.33M | $-101.83M |
| Operating Expenses | $3.54B | $4.75B | $4.05B | $3.33B | $3.88B | $4.12B | $3.95B | $4.22B | $3.90B | $3.74B |
| Cost and Expenses | $128.43B | $121.48B | $140.32B | $108.16B | $79.51B | $87.30B | $88.49B | $76.96B | $74.24B | $72.67B |
| Interest Income | $- | $632.98M | $552.00M | $413.12M | $512.16M | $441.25M | $632.70M | $581.23M | $508.06M | $423.11M |
| Interest Expense | $- | $1.63B | $1.59B | $912.98M | $857.86M | $1.03B | $874.91M | $1.06B | $1.16B | $979.10M |
| Depreciation and Amortization | $1.23B | $1.15B | $1.02B | $913.83M | $1.29B | $1.14B | $812.49M | $704.54M | $1.10B | $1.00B |
| EBITDA | $5.06B | $6.36B | $4.48B | $2.77B | $3.05B | $2.94B | $3.58B | $4.18B | $4.60B | $4.24B |
| EBITDA Ratio | 3.79% | 5.04% | 3.33% | 2.60% | 4.19% | 3.94% | 3.92% | 5.92% | 4.03% | 5.76% |
| Operating Income | $5.07B | $4.57B | $3.76B | $1.79B | $1.81B | $2.38B | $1.90B | $2.87B | $3.11B | $2.96B |
| Operating Income Ratio | 3.80% | 3.62% | 2.62% | 1.63% | 2.23% | 2.66% | 2.09% | 3.58% | 4.01% | 3.91% |
| Total Other Income Expenses Net | $-1.06B | $-987.22M | $-1.88B | $-780.37M | $-860.47M | $-1.59B | $-128.31M | $-453.62M | $-835.10M | $-714.22M |
| Income Before Tax | $4.01B | $3.58B | $1.88B | $1.01B | $1.50B | $781.55M | $1.77B | $2.41B | $2.27B | $2.25B |
| Income Before Tax Ratio | 3.00% | 2.84% | 1.31% | 0.92% | 1.85% | 0.88% | 1.95% | 3.02% | 2.94% | 2.97% |
| Income Tax Expense | $1.49B | $1.06B | $341.51M | $188.03M | $571.37M | $378.61M | $638.72M | $839.43M | $700.00M | $734.34M |
| Net Income | $2.36B | $2.44B | $1.80B | $850.46M | $893.38M | $373.53M | $1.15B | $1.57B | $1.56B | $1.50B |
| Net Income Ratio | 1.77% | 1.94% | 1.25% | 0.78% | 1.10% | 0.42% | 1.27% | 1.97% | 2.02% | 1.99% |
| EPS | $2.11 | $2.21 | $1.65 | $0.78 | $0.82 | $0.34 | $0.49 | $1.45 | $0.65 | $1.38 |
| EPS Diluted | $2.11 | $2.21 | $1.64 | $0.78 | $0.82 | $0.34 | $0.49 | $1.44 | $0.65 | $1.37 |
| Weighted Average Shares Outstanding | 1.12B | 1.10B | 1.09B | 1.09B | 1.09B | 1.09B | 2.36B | 1.08B | 2.42B | 1.09B |
| Weighted Average Shares Outstanding Diluted | 1.12B | 1.10B | 1.10B | 1.10B | 1.10B | 1.09B | 2.36B | 1.09B | 2.42B | 1.10B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $2.07B | $5.93B | $5.62B | $2.28B | $2.66B | $2.12B | $3.94B | $5.00B | $4.27B | $2.70B |
| Short Term Investments | $2.55B | $292.93M | $520.35M | $1.80B | $5.03B | $3.09B | $2.85B | $1.28B | $1.41B | $803.30M |
| Cash and Short Term Investments | $4.62B | $6.22B | $6.14B | $4.08B | $7.69B | $5.21B | $6.79B | $6.29B | $5.69B | $3.51B |
| Net Receivables | $4.05B | $5.35B | $7.39B | $5.92B | $5.82B | $6.03B | $5.88B | $5.27B | $4.04B | $3.83B |
| Inventory | $3.92B | $4.29B | $4.91B | $3.92B | $3.85B | $3.72B | $3.35B | $3.49B | $2.76B | $2.32B |
| Other Current Assets | $3.45B | $2.79B | $123.70M | $11.10B | $132.12M | $111.36M | $1.63B | $1.54B | $853.90M | $253.20M |
| Total Current Assets | $16.05B | $18.65B | $18.56B | $25.02B | $17.49B | $15.06B | $16.21B | $15.20B | $13.01B | $9.91B |
| Property Plant Equipment Net | $8.76B | $8.07B | $7.65B | $7.19B | $10.16B | $9.55B | $9.65B | $6.61B | $9.16B | $5.44B |
| Goodwill | $1.87B | $943.12M | $917.77M | $818.10M | $931.81M | $931.81M | $1.53B | $1.58B | $1.45B | $1.46B |
| Intangible Assets | $2.40B | $1.61B | $1.00B | $653.16M | $850.85M | $830.78M | $844.27M | $2.15B | $1.92B | $1.84B |
| Goodwill and Intangible Assets | $4.27B | $4.03B | $1.92B | $1.47B | $1.78B | $1.76B | $2.37B | $3.73B | $3.37B | $3.29B |
| Long Term Investments | $4.03B | $1.11B | $554.23M | $457.87M | $1.14B | $688.12M | $1.78B | $234.62M | $156.80M | $570.69M |
| Tax Assets | $- | $158.63M | $898.24M | $571.75M | $974.71M | $653.69M | $514.20M | $545.61M | $417.30M | $558.99M |
| Other Non-Current Assets | $6.44B | $6.40B | $6.85B | $4.30B | $4.70B | $3.48B | $-23.95M | $2.02B | $-1.96B | $1.19B |
| Total Non-Current Assets | $23.51B | $19.60B | $17.88B | $13.99B | $18.76B | $16.14B | $14.29B | $13.14B | $11.15B | $11.05B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $39.56B | $38.25B | $36.44B | $39.01B | $36.25B | $31.20B | $30.50B | $28.34B | $24.16B | $20.97B |
| Account Payables | $4.53B | $5.72B | $7.38B | $5.79B | $4.04B | $2.70B | $2.74B | $2.23B | $1.81B | $1.46B |
| Short Term Debt | $3.87B | $2.30B | $3.59B | $3.05B | $3.52B | $1.32B | $2.27B | $3.50B | $2.48B | $1.10B |
| Tax Payables | $- | $720.52M | $507.48M | $425.52M | $455.33M | $434.68M | $268.00M | $312.67M | $311.00M | $385.69M |
| Deferred Revenue | $- | $190.19M | $- | $5.62M | $18.28M | $27.63M | $26.57M | $18.41M | $22.30M | $24.42M |
| Other Current Liabilities | $2.09B | $2.29B | $1.30B | $3.36B | $1.21B | $708.86M | $1.03B | $947.22M | $865.97M | $864.90M |
| Total Current Liabilities | $10.49B | $11.23B | $12.77B | $12.64B | $9.24B | $5.20B | $6.34B | $7.01B | $5.49B | $3.83B |
| Long Term Debt | $11.92B | $10.99B | $9.69B | $14.67B | $15.70B | $14.66B | $12.93B | $10.09B | $8.94B | $7.80B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $11.85M | $12.90M | $12.51M | $11.04M |
| Deferred Tax Liabilities Non-Current | $- | $682.82M | $1.02B | $812.52M | $867.12M | $891.67M | $865.20M | $899.77M | $727.10M | $950.66M |
| Other Non-Current Liabilities | $1.32B | $1.32B | $1.81B | $1.23B | $1.40B | $1.50B | $1.41B | $1.47B | $1.15B | $1.08B |
| Total Non-Current Liabilities | $13.24B | $12.99B | $11.50B | $15.90B | $17.10B | $16.17B | $14.36B | $11.61B | $10.11B | $9.16B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $23.73B | $24.22B | $24.27B | $28.54B | $26.34B | $21.36B | $20.70B | $18.62B | $15.60B | $12.99B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $6.62B | $6.62B | $5.17B | $5.17B | $5.17B | $5.17B | $5.17B | $5.17B | $3.84B | $3.84B |
| Retained Earnings | $8.20B | $- | $78.13M | $4.87B | $55.39M | $4.26B | $4.21B | $3.79B | $1.33B | $1.33B |
| Accumulated Other Comprehensive Income Loss | $326.10M | $233.84M | $6.89B | $5.35B | $4.77B | $4.50B | $4.65B | $4.53B | $5.02B | $4.44B |
| Other Total Stockholders Equity | $15.65M | $6.65B | $6.23B | $-5.35B | $4.51B | $57.02M | $-4.58B | $-4.11B | $-566.31M | $-490.88M |
| Total Stockholders Equity | $15.16B | $13.51B | $11.71B | $10.07B | $9.53B | $9.46B | $9.45B | $9.38B | $8.53B | $7.95B |
| Total Equity | $15.82B | $14.03B | $12.17B | $10.47B | $9.91B | $9.84B | $9.80B | $9.72B | $8.56B | $7.97B |
| Total Liabilities and Stockholders Equity | $39.56B | $38.25B | $36.44B | $39.01B | $36.25B | $31.20B | $30.50B | $28.34B | $24.16B | $20.97B |
| Minority Interest | $664.73M | $523.33M | $466.23M | $402.32M | $376.52M | $376.92M | $351.90M | $339.57M | $30.90M | $29.09M |
| Total Liabilities and Total Equity | $39.56B | $38.25B | $36.44B | $39.01B | $36.25B | $31.20B | $30.50B | $28.34B | $24.16B | $20.97B |
| Total Investments | $6.59B | $1.56B | $1.07B | $2.26B | $6.18B | $3.78B | $3.18B | $1.52B | $1.57B | $1.37B |
| Total Debt | $15.79B | $13.30B | $13.28B | $17.73B | $19.21B | $15.99B | $15.21B | $13.59B | $11.42B | $8.91B |
| Net Debt | $13.72B | $7.37B | $7.66B | $15.45B | $16.55B | $13.87B | $11.27B | $8.59B | $7.14B | $6.20B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $2.36B | $2.44B | $1.54B | $818.62M | $927.70M | $402.94M | $1.13B | $1.57B | $1.57B | $1.51B |
| Depreciation and Amortization | $1.77B | $1.15B | $1.02B | $913.83M | $1.27B | $1.14B | $812.49M | $1.18B | $1.10B | $1.00B |
| Deferred Income Tax | $- | $1.25B | $402.55M | $281.36M | $-69.12M | $-97.47M | $162.42M | $-83.03M | $-100.50M | $14.81M |
| Stock Based Compensation | $112.28M | $- | $37.00M | $22.16M | $10.43M | $7.66M | $9.92M | $12.54M | $18.37M | $16.93M |
| Change in Working Capital | $261.73M | $1.08B | $-1.71B | $-983.45M | $574.25M | $-362.41M | $-196.04M | $-413.05M | $-189.45M | $-497.86M |
| Accounts Receivables | $180.34M | $259.88M | $-779.24M | $-956.78M | $136.43M | $372.99M | $-455.48M | $-665.14M | $-326.69M | $-615.38M |
| Inventory | $371.24M | $645.30M | $-1.00B | $-1.63B | $-125.00M | $-357.55M | $168.70M | $-605.76M | $-262.99M | $-615.39M |
| Accounts Payables | $- | $-1.70B | $1.56B | $2.43B | $1.15B | $-31.61M | $576.16M | $412.39M | $249.12M | $181.03M |
| Other Working Capital | $-289.85M | $1.87B | $-1.48B | $-825.83M | $-584.72M | $-346.24M | $-485.43M | $445.46M | $151.12M | $551.88M |
| Other Non Cash Items | $-768.99M | $-2.08B | $712.41M | $802.03M | $427.70M | $1.83B | $1.02B | $852.37M | $767.07M | $1.60B |
| Net Cash Provided by Operating Activities | $3.74B | $3.85B | $2.00B | $2.59B | $3.14B | $2.92B | $2.89B | $2.28B | $2.51B | $3.20B |
| Investments in Property Plant and Equipment | $-1.79B | $-1.01B | $-1.22B | $-1.28B | $-1.15B | $-1.24B | $-1.42B | $-2.06B | $-1.67B | $-1.41B |
| Acquisitions Net | $- | $-262.38M | $953.91M | $-24.20M | $-28.84M | $-79.12M | $-130.37M | $43.86M | $-47.28M | $-41.08M |
| Purchases of Investments | $- | $-38.14M | $-28.00M | $-233.38M | $-898.59M | $-634.50M | $-1.70B | $-16.00M | $-163.62M | $- |
| Sales Maturities of Investments | $- | $73.97M | $4.41B | $2.02B | $154.72M | $634.50M | $1.25M | $60.86M | $- | $573.45M |
| Other Investing Activities | $-4.60B | $217.63M | $3.79B | $239.82M | $-212.89M | $-516.09M | $-1.63B | $108.53M | $-135.12M | $652.39M |
| Net Cash Used for Investing Activities | $-6.39B | $-1.02B | $7.90B | $724.14M | $-2.14B | $-1.84B | $-3.18B | $-1.91B | $-1.85B | $-801.80M |
| Debt Repayment | $1.18B | $-460.02M | $-4.68B | $-1.35B | $1.32B | $-860.68M | $745.27M | $2.04B | $2.86B | $-445.13M |
| Common Stock Issued | $- | $- | $21.68M | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-148.94M | $- | $-21.68M | $- | $- | $- | $- | $- | $- | $-388.72M |
| Dividends Paid | $-833.66M | $-400.02M | $-638.28M | $-705.75M | $-284.77M | $-596.44M | $-808.60M | $-940.25M | $-873.27M | $-831.65M |
| Other Financing Activities | $-1.43B | $-1.63B | $-1.59B | $-1.30B | $-1.63B | $-1.47B | $-737.68M | $-762.70M | $-1.06B | $-855.20M |
| Net Cash Used Provided by Financing Activities | $-1.23B | $-2.49B | $-6.91B | $-3.36B | $-592.33M | $-2.92B | $-801.01M | $340.35M | $928.39M | $-2.52B |
| Effect of Forex Changes on Cash | $32.38M | $-29.95M | $-43.34M | $52.01M | $136.73M | $9.07M | $26.63M | $20.21M | $-22.02M | $-3.66M |
| Net Change in Cash | $-3.85B | $303.92M | $2.95B | $6.56M | $546.12M | $-1.82B | $-1.06B | $727.85M | $1.57B | $-124.48M |
| Cash at End of Period | $2.07B | $5.93B | $5.62B | $2.67B | $2.66B | $2.12B | $3.94B | $5.00B | $4.27B | $2.70B |
| Cash at Beginning of Period | $5.93B | $5.62B | $2.67B | $2.66B | $2.12B | $3.94B | $5.00B | $4.27B | $2.70B | $2.83B |
| Operating Cash Flow | $3.74B | $3.85B | $2.00B | $2.59B | $3.14B | $2.92B | $2.89B | $2.28B | $2.51B | $3.20B |
| Capital Expenditure | $-1.79B | $-1.31B | $-1.22B | $-1.28B | $-1.15B | $-1.24B | $-1.42B | $-2.06B | $-1.67B | $-1.41B |
| Free Cash Flow | $1.95B | $2.54B | $785.74M | $1.31B | $1.99B | $1.68B | $1.47B | $214.89M | $847.30M | $1.79B |