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Ultrapar Participações S.A. (UGP)

Energy | Oil & Gas Refining & Marketing | São Paulo, Brazil | NYSE
6.45 USD +0.03 (0.467%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 6.38 -0.07 (-0.072%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★⯪☆☆Dividends:★★★⯪☆
Hot Take | Aug. 22, 2026, 3:42 a.m. EDT

The immediate outlook is driven by a sharp divergence between the company's deteriorating price trajectory and its robust underlying fundamentals. While the stock has suffered a catastrophic 71% decline over the last nine years, the most recent annual data tells a different story: revenue grew 22%, earnings surged 44%, and the return on equity remains healthy at nearly 20%. This suggests the market is currently pricing in a severe structural issue or a cyclical downturn rather than a broken business. The short-term rating is elevated to 3.5 because the technicals are finally aligning with the fundamentals. After months of grinding lower, the price has recently rallied past key moving averages, and the options market is aggressively betting on a continuation of this recovery, evidenced by the heavy call open interest and the near-total absence of put protection. However, the long-term rating remains neutral at 2.5 because the multi-year price chart is still deeply in the red, and the market has not yet fully accepted the turnaround narrative. Investors should view this as a high-conviction mean-reversion trade where the business quality is excellent, but the stock price is still digesting years of prior pain.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.122650
AutoETS0.132811
AutoARIMA0.132922
MSTL0.155266

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 38%
H-stat 74.98
Ljung-Box p 0.000
Jarque-Bera p 0.054
Excess Kurtosis -1.76
Attribute Value
Sector Energy
Ex Dividend Date 2026-08-25
Last Dividend Date 2026-08-25
Debt to Equity Ratio 97.688
Revenue per Share 144.463
Market Cap 6,873,248,768
Trailing P/E 10.08
Forward P/E 10.81
Beta 0.26
Profit Margins 2.26%
Website https://www.ultra.com.br

As of Aug. 22, 2026, 3:42 a.m. EDT: Speculator positioning is heavily skewed toward calls, with open interest concentrated at the $5.00 strike while the $7.50 ATM anchor shows significant volume. Conversely, put activity is virtually non-existent, indicating a lack of hedging demand and a speculative bias toward upside moves despite the low implied volatility environment.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.99% 2.99% 2.75% 2.88%
Dividend History
Date Dividend Yield %
2026-08-26 0.193000 2.992248
2025-03-10 0.078000 2.857143
2024-08-19 0.045000 1.013514
2024-03-08 0.080000 1.372213
2023-08-18 0.052000 1.432507
2023-02-24 0.019000 0.719697
2022-05-24 0.080000 2.807018
2022-03-04 0.033000 1.187050
2021-08-25 0.001000 0.033898
2021-08-20 0.038000 1.352313
2021-03-05 0.080000 2.346041
2020-02-28 0.055000 1.325301
2019-08-23 0.050000 1.295337
2019-03-01 0.093000 1.371681
2018-08-10 0.074500 1.396439
2018-03-02 0.139000 1.239411
2017-08-17 0.134500 1.216644
2017-03-02 0.142500 1.415094
2016-08-18 0.127500 1.065163
2016-02-25 0.099500 1.281391
2015-08-13 0.117000 1.246006
2015-03-05 0.124000 1.275720
2014-08-14 0.156000 1.301084
2014-02-27 0.149500 1.303400
2013-08-08 0.145000 1.232469
2013-02-28 0.167000 1.285110
2012-08-09 0.124500 1.092105
2012-02-23 0.148500 1.351228
2011-08-18 0.144500 1.696009
2011-03-03 0.140500 1.723926
2010-08-19 0.093875 1.375710
2010-03-04 0.081625 1.413726
2009-08-20 0.060750 1.385800
2009-03-19 0.047625 1.505929
2008-08-14 0.070375 1.603532
2008-02-28 0.130375 2.747629
2007-02-22 0.052750 1.574627
2006-08-10 0.050750 2.413793
2006-02-23 0.072750 3.621655
2005-08-11 0.038250 2.034574
2005-02-24 0.043750 2.000000
2004-08-17 0.054250 3.338462
2004-02-24 0.025750 1.718098
2003-08-14 0.020875 1.797632
2003-02-20 0.023750 2.918587
2002-08-15 0.016625 2.216667
2002-03-06 0.023125 2.138728
2001-08-31 0.189625 21.671429
2001-05-07 0.011375 1.056911
2001-04-25 0.008750 0.875000
2001-04-23 0.009375 0.961538
2001-01-03 0.018875 1.654795
2000-08-16 0.023125 1.691428
2000-03-07 0.018750 1.387283
Additional Data
dividendRate 0.38
dividendYield 5.85
exDividendDate 2026-08-26
trailingAnnualDividendRate 2.0
trailingAnnualDividendYield 0.31152648
lastDividendValue 0.193
lastDividendDate 2026-08-26
dividendDate 2026-09-14

Info Dump

Attribute Value
52 Week Change 0.7685951
Address1 Brigadeiro Luís Antônio Avenue, 1343
Address2 9th Floor Bela Vista
All Time High 13.97
All Time Low 0.61875
Ask 6.55
Ask Size 16,500
Average Analyst Rating 2.0 - Buy
Average Daily Volume10 Day 3,121,250
Average Daily Volume3 Month 3,551,224
Average Volume 3,551,224
Average Volume10Days 3,121,250
Beta 0.257
Bid 6.43
Bid Size 22,000
Book Value 3.0287085
City São Paulo
Country Brazil
Crypto Tradeable 0
Currency USD
Current Price 6.45
Current Ratio 1.644
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 6.48
Day Low 6.36
Debt To Equity 97.688
Display Name Ultrapar Participações
Dividend Date 1,789,344,000
Dividend Rate 0.38
Dividend Yield 5.85
Earnings Call Timestamp End 1,786,629,600
Earnings Call Timestamp Start 1,786,629,600
Earnings Growth 0.443
Earnings Quarterly Growth 0.423
Earnings Timestamp 1,794,427,200
Earnings Timestamp End 1,794,427,200
Earnings Timestamp Start 1,794,427,200
Ebitda 9,134,960,640
Ebitda Margins 0.059609998
Enterprise To Ebitda 2.111
Enterprise To Revenue 0.126
Enterprise Value 19,284,822,016
Eps Current Year 0.74022
Eps Forward 0.59649
Eps Trailing Twelve Months 0.64
Esg Populated 0
Ex Dividend Date 1,787,702,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 5.9484
Fifty Day Average Change 0.5015998
Fifty Day Average Change Percent 0.084325165
Fifty Two Week Change Percent 76.85951
Fifty Two Week High 6.8
Fifty Two Week High Change -0.35000038
Fifty Two Week High Change Percent -0.05147064
Fifty Two Week Low 3.57
Fifty Two Week Low Change 2.8799999
Fifty Two Week Low Change Percent 0.80672264
Fifty Two Week Range 3.57 - 6.8
Financial Currency BRL
First Trade Date Milliseconds 939,303,000,000
Five Year Avg Dividend Yield 3.61
Float Shares 634,728,710
Forward Eps 0.59649
Forward P E 10.813257
Free Cashflow 5,826,124,800
Full Exchange Name NYSE
Full Time Employees 11,557
Fullday Change 0.0299997
Fullday Change Percent 0.467286
Fullday Price 6.3779
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.08392
Gross Profits 12,861,957,120
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.0559
Implied Shares Outstanding 1,065,620,026
Industry Oil & Gas Refining & Marketing
Industry Disp Oil & Gas Refining & Marketing
Industry Key oil-gas-refining-marketing
Ir Website http://www.ultra.com.br/ri/english/index.htm
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,787,702,400
Last Dividend Value 0.193
Last Fiscal Year End 1,767,139,200
Last Split Date 1,556,150,400
Last Split Factor 2:1
Long Business Summary Ultrapar Participações S.A., through its subsidiaries, operates in the energy, mobility, and logistics infrastructure sectors in Brazil, the rest of Europe, the United States, Canada, other Latin American countries, Oceania, and internationally. It operates through Ultragaz, Ipiranga, Ultracargo, and Hidrovias segments. The company distributes and sells oil-related products, biofuels, gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and additive fuels under the Ipimax brand to carriers, resellers, and retailers; operates service stations under the Ipiranga brand and convenience stores under the AmPm brand; and produces and sells lubricants under the ICONIC brand. It also engages in the distribution of bulk and bottled liquefied petroleum gas for the residential, condominium, trade, services, industrial, and agribusiness sectors; operation of a natural gas pipeline network; and provision of renewable electricity for businesses and households, as well as compressed natural gas and biomethane for corporate clients. In addition, the company operates liquid bulk storage terminals in logistics centers; waterway and multimodal infrastructure; and port operations. Further, the company offers logistics solutions for handling grains, ores, and fertilizers; automotive services through Jet Oil units; and loyalty programs under the Km de Vantagens (KMV) brand. It also exports its products and services. Ultrapar Participações S.A. was founded in 1937 and is headquartered in São Paulo, Brazil.
Long Name Ultrapar Participações S.A.
Market us_market
Market Cap 6,873,248,768
Market State CLOSED
Max Age 86,400
Message Board Id finmb_403623
Most Recent Quarter 1,782,777,600
Net Income To Common 3,641,993,984
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 6,862,887,593
Number Of Analyst Opinions 7
Open 6.44
Operating Cashflow 10,402,383,872
Operating Margins 0.075729996
Payout Ratio 0.39650002
Peg Ratio 0.78
Phone 55 11 3177 7014
Post Market Change -0.072099686
Post Market Change Percent -1.1178247
Post Market Price 6.3779
Post Market Time 1,787,959,805
Previous Close 6.42
Price Eps Current Year 8.713625
Price Hint 2
Price To Book 2.1296206
Price To Sales Trailing12 Months 0.044847555
Profit Margins 0.02256
Quick Ratio 1.159
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.0
Region US
Regular Market Change 0.0299997
Regular Market Change Percent 0.467286
Regular Market Day High 6.48
Regular Market Day Low 6.36
Regular Market Day Range 6.36 - 6.48
Regular Market Open 6.44
Regular Market Previous Close 6.42
Regular Market Price 6.45
Regular Market Time 1,787,947,202
Regular Market Volume 1,949,715
Return On Assets 0.09726
Return On Equity 0.19804001
Revenue Growth 0.219
Revenue Per Share 144.463
Sand P52 Week Change 0.20504117
Sector Energy
Sector Disp Energy
Sector Key energy
Shares Outstanding 1,065,620,026
Shares Percent Shares Out 0.0027
Shares Short 2,912,521
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 1,097,793
Short Name Ultrapar Participacoes S.A. (Ne
Short Percent Of Float 0.0038
Short Ratio 0.68
Source Interval 15
State SP
Symbol UGP
Target High Price 8.0
Target Low Price 5.0
Target Mean Price 6.623
Target Median Price 6.8
Total Cash 9,250,765,824
Total Cash Per Share 8.642
Total Debt 19,563,366,400
Total Revenue 153,258,049,536
Tradeable 0
Trailing Annual Dividend Rate 2.0
Trailing Annual Dividend Yield 0.31152648
Trailing Eps 0.64
Trailing P E 10.078125
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 5.1638
Two Hundred Day Average Change 1.2862
Two Hundred Day Average Change Percent 0.24908015
Type Disp Equity
Volume 1,949,715
Website https://www.ultra.com.br
Zip 01,317-910