MARKETS / NYSE / UGP
NYSE · NATURAL GAS DISTRIBUTION · LARGE CAP

Ultrapar Holdings Inc. UGP

10 fiscal years on record · BRL · FY2024 reported
SEC FILINGS ONLY
Revenue · FY2024
BRL 133.5B
▲ 5.9% vs FY2023
Dividend streak
1 yrs
Raised every year since 2024
EPS · FY24
BRL 2.11
Dividend / sh · FY24
Payout · FY24
35%
ROE · FY24
16.5%
Net margin · FY24
1.8%
Dividend coverage
5.5×
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Result
BRL 133.5B
Revenue, FY2024 · full 10-year series below
Revenue Net income
4080120160133.52.42015201820212024
4080120160133.52.42015201820212024

2 cents of every revenue dollar became profit this year.

Per share
BRL 2.11
Diluted EPS, FY2024
EPS Dividend
1232.112015201820212024
1232.112015201820212024

Earnings covered the dividend 5.5 times — the rest stayed in the company.

Profitability
16.5%
Return on equity, FY2024
ROE
510152016.5%2015201820212024
510152016.5%2015201820212024
Operating margin
Net margin1.8%
Return on assets6.1%

Each BRL of equity produced 16 cents of profit this year.

Returned to shareholders
BRL 982.6M
returned in FY2024 · dividends + net buybacks
Dividends paidBRL 833.7M
Net buybacksBRL 148.9M
Share of profit41.6%
Consecutive raises1 years

BRL 833.7M in dividends and BRL 148.9M in buybacks — 42% of the year's profit went back to shareholders.

Growth
+10.0% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+6.8%
+10.0%
Net income
+40.6%
+44.6%
EPS, diluted
+39.7%
+44.0%
Dividend / share
−3.1%
Returned to shareholders
+11.7%
+10.5%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2024
0.030.052015201820212024
0.030.052015201820212024
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
BRL 39.6B
total assets, end of FY2024
Total assetsBRL 39.6B
EquityBRL 15.2B
CashBRL 2.1B
Gross debtBRL 14.3B
Net debtBRL 12.2B
Current ratio1.53×

Net debt stands at 81% of equity.

History
10 fiscal years
Every figure from documents filed with the SEC · BRL
Metric
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue BRL B
133.5
126.0
143.6
109.7
74.1
83.0
90.7
79.2
76.7
75.7
Operating income BRL B
·
·
·
·
·
·
·
0.1
0.2
0.1
EBITDA BRL B
·
·
·
·
·
·
·
0.8
0.8
1.1
Income tax BRL B
1.5
1.1
0.3
0.2
0.3
0.5
·
−0.9
−0.8
−0.7
Net income BRL B
2.4
2.4
1.8
0.9
0.9
0.4
1.2
1.5
1.5
1.5
EPS, diluted BRL
2.11
2.21
1.64
0.78
0.82
0.34
1.05
1.40
1.41
2.74
Dividend / sh BRL
·
0.40
0.10
0.17
0.44
·
·
·
·
·
Payout %
35
16
35
83
32
160
70
62
57
55
ROE %
16.5
19.4
16.5
8.7
9.4
4.0
12.3
17.3
18.2
·
Shares out B
·
·
·
·
0.05
0.05
0.06
0.06
0.03
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
37 of 37
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed