Finanzas de Ultrapar Participacoes SA (UGP)UGPUltrapar Participacoes SA

Ultrapar Participacoes SA (UGP) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Ipiranga, accounting for 90.2% of total sales, equivalent to $7.41B. Other significant revenue streams include Ultragaz and Waterways. Understanding this composition is critical for investors evaluating how UGP navigates market cycles within the Oil & Gas Refining and Marketing industry.

Evaluating the bottom line, Ultrapar Participacoes SA maintains a gross margin of 11.12%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 7.57%, while the net margin is 4.04%. These profitability ratios, combined with a Return on Equity (ROE) of 21.48%, provide a clear picture of how effectively UGP converts its operational activities into shareholder value.

In the context of the broader market, UGP competes directly with industry leaders such as AZO and WSM. With a market capitalization of $8.31B, it holds a significant position in the sector. When comparing efficiency, UGP's gross margin of 11.12% stands against AZO's 53.34% and WSM's 51.64%. Such benchmarking helps identify whether Ultrapar Participacoes SA is trading at a premium or discount relative to its financial performance.

Ultrapar has demonstrated strong financial performance with a gross margin of 11.12% in Q2 2026, up from 6.43% in Q1 2025, showing significant improvement. The net income for Q2 2026 was $306.58 million, reflecting robust profitability.