FGPR vs SUN vs UGP Stock Comparison

Ferrellgas Partners L P, Sunoco and Ultrapar Holdings Prices as of Oct 23, 2026 Peers: Industry group
SUN Sunoco LP
$73.80 -1.8% 1M +36.1% 1Y
Market cap
$10.20B
P/E
8.8x
Revenue (TTM)
$39.58B
Div. yield
0.07%
Fuel Distribution Energy
4 wins
UGP Ultrapar Holdings Inc
$7.76 +1.3% 1M +102.6% 1Y
Market cap
$7.03B
P/E
10.1x
Revenue (TTM)
$29.04B
Div. yield
–
Fuel Distribution Energy
5 wins

Head to Head

11 decided of 12

Ultrapar Holdings leads on 5 of the 12 questions below (Ultrapar Holdings 5, Sunoco 4, Ferrellgas Partners L P 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFGPRSUNUGPLeader
Larger companyMarket capitalisation $120.75M $10.20B $7.03B SUN
Cheaper on earningsLower P/E, profitable companies only 1.6x 8.8x 10.1x FGPR
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 7.9x 8.4x SUN
Faster revenue growthRevenue growth, trailing twelve months -3.6% +83.3% +20.1% SUN
More profitableNet margin, trailing twelve months 4.1% 2.9% 2.4% FGPR
Better return on capitalReturn on invested capital 38.5% 7.5% 463.0% UGP
Less leveragedLower net debt / EBITDA 4.9x 4.4x -3.9x UGP
Higher dividend yieldTrailing dividend yield 0.00% 0.07% 0.00% –
Better 1-year returnPrice return, last 12 months +6.0% +36.1% +102.6% UGP
Better 5-year returnAnnualised price return, 5 years -3.9%/yr +12.1%/yr +26.3%/yr UGP
Less volatileAnnualised volatility, 1 year 37.1% 26.5% 34.5% SUN
Higher overall scoreMean of the five percentile scores vs peers 49/100 63/100 67/100 UGP

Percentile Scorecard

FGPRSUNUGP

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFGPRSUNUGP
Valuation 77 #6 of 23 64 #9 of 23 96 #2 of 23
Growth 39 #12 of 19 100 #1 of 19 61 #8 of 19
Profitability 72 #6 of 19 22 #15 of 19 61 #8 of 19
Financial Health 8 #23 of 25 33 #17 of 25 75 #7 of 25
Shareholder Returns – 94 #2 of 18 41 #11 of 18
Overall 49 63 67
  • FGPR ranked among 25 companies in Refining and Marketing
  • SUN ranked among 25 companies in Refining and Marketing
  • UGP ranked among 25 companies in Refining and Marketing

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFGPRSUNUGPSPY
1 month -7.9%-1.8%+1.3% -1.0%
3 months -10.8%-1.9%+20.7% +2.9%
6 months -25.4%+12.0%+35.0% +6.4%
Year to date +10.3%+40.8%+105.8% +11.4%
1 year +6.0%+36.1%+102.6% +13.1%
3 years +157.3%+44.8%+96.0% +79.4%
3 years, per year +37.1%+13.1%+25.2% +21.5%
5 years -17.8%+76.8%+220.7% +67.7%
5 years, per year -3.9%+12.1%+26.3% +10.9%
10 years —+151.7%-32.3% +255.2%
10 years, per year —+9.7%-3.8% +13.5%

Risk

MeasureFGPRSUNUGPSPY
Volatility, 1Y 37.1%26.5%34.5% 12.7%
Downside volatility, 1Y 34.1%27.7%36.0% 12.7%
Beta vs S&P 500, 1Y -0.10-0.380.64 1.00
Return / volatility, 1Y 0.161.362.98 1.03
Max drawdown, 5Y -74.0%-24.6%-59.6% -25.4%
From 52-week high -25.4%-6.7%-2.5% -2.5%
52-week high $27.20$79.13$7.96 $779.14
52-week low $17.07$50.16$3.63 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFGPRSUNUGP
P/E now vs peer median 1.6xmedian 10.4x 8.7xmedian 10.4x 12.0xmedian 10.4x
P/S now vs peer median 0.1xmedian 0.3x 0.3xmedian 0.3x 0.3xmedian 0.3x
EV/EBITDA now vs peer median 5.3xmedian 7.1x 7.9xmedian 7.1x 1.7xmedian 7.1x
P/FCF now vs peer median 1.4xmedian 9.4x 6.1xmedian 9.4x 4.7xmedian 9.4x
P/B now vs peer median -0.1xmedian 1.9x 1.2xmedian 1.9x 2.1xmedian 1.9x
PEG now vs peer median -0.05median 0.30 0.35median 0.30 0.76median 0.30

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFGPRSUNUGP
Revenue $1.86B $39.58B $29.04B
Gross profit $1.03B $4.72B $2.00B
Operating income $196.22M $1.89B $1.14B
Net income $76.61M $1.16B $1.16B
Free cash flow $86.92M $1.66B $1.75B
EPS (diluted) $9.30 $8.40 $0.63
Cash & equivalents $73.41M $773.00M $2.06B
Total debt $5.98B $44.53B -$3.45B
Shares (diluted) 8.22M 137.74M 1.10B
Enterprise value -$197.77M $4.58B -$210.40M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFGPRSUNUGP
P/E 1.6x 8.7x 12.0x
P/FCF 1.4x 6.1x 4.7x
P/Operating cash flow 0.7x 4.3x 4.2x
P/S 0.1x 0.3x 0.3x
P/B -0.1x 1.2x 2.1x
P/Tangible book -0.1x 1.7x 2.1x
EV/EBITDA 5.3x 7.9x 1.7x
EV/EBIT 8.1x 12.0x 2.2x
EV/Revenue 0.9x 0.6x 0.1x
EV/FCF 18.3x 13.6x 1.4x
EV/Operating cash flow 9.3x 9.6x 1.3x
PEG (3Y EPS CAGR) -0.05 0.35 0.76

Growth

14 metrics
MetricFGPRSUNUGP
Revenue growth (1Y) -3.6% 83.3% 20.1%
Revenue CAGR (3Y) -3.5% 18.8% 3.4%
Gross profit growth (1Y) 0.8% 108.0% -19.0%
Gross profit CAGR (3Y) 1.0% 54.0% -1.2%
Operating income growth (1Y) 106.9% 123.6% -36.9%
Operating income CAGR (3Y) -7.0% 47.6% 25.4%
Net income growth (1Y) 847.0% 166.3% 111.7%
Net income CAGR (3Y) -19.6% 46.9% 61.6%
EPS growth (1Y) 575.6% 164.2% -0.7%
EPS CAGR (3Y) -32.4% 25.0% 15.8%
Operating cash flow growth (1Y) -8.5% 220.8% 145.3%
Operating cash flow CAGR (3Y) -1.0% 54.2% 28.2%
Free cash flow growth (1Y) -25.5% 597.5% 58.8%
Free cash flow CAGR (3Y) 3.0% 57.7% 29.6%

Profitability

14 metrics
MetricFGPRSUNUGP
Gross margin 55.1% 11.9% 6.9%
EBITDA margin 16.1% 7.2% 5.1%
Operating margin 10.5% 4.8% 3.9%
Pretax margin 4.2% 3.4% 7.0%
Net margin 4.1% 2.9% 2.4%
FCF margin 4.7% 4.2% 6.0%
Operating cash flow margin 9.1% 5.9% 6.8%
Return on equity – 13.9% 35.3%
Return on assets 5.1% 3.9% 13.4%
Return on invested capital 38.5% 7.5% 463.0%
Return on capital employed 17.0% 7.6% 16.3%
Asset turnover 1.2x 1.3x 3.0x
Cash conversion (OCF / net income) 2.2x 2.0x 1.7x
Stock comp / revenue 0.2% 0.1% 0.1%

Financial Health

11 metrics
MetricFGPRSUNUGP
Debt / assets 105.2% 44.5% -34.5%
Debt / equity -1.4x 1.6x -0.9x
Net debt / EBITDA 4.9x 4.4x -3.9x
Debt / FCF 17.8x 8.0x -2.0x
Liabilities / assets 172.8% 72.1% 61.3%
Equity / assets -72.8% 27.9% 38.7%
Interest coverage 1.7x 2.7x 1.6x
Current ratio 1.1x 1.3x 1.6x
Quick ratio 0.7x 0.8x 0.9x
Cash ratio 0.2x 0.1x 0.8x
Altman Z-score 1.76 – –

Shareholder Returns

7 metrics
MetricFGPRSUNUGP
Dividend yield – 5.2% 4.9%
Net buyback yield – – 0.0%
Shareholder yield – 5.2% 4.9%
Payout ratio (earnings) – 63.1% –
Payout ratio (FCF) – 44.2% –
Dividend growth (1Y) – 14.7% –
Dividend CAGR (3Y) – 26.4% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFGPRSUNUGP
Forward P/E – 7.9xFY2026 8.4xFY2026
EPS, next fiscal year – $9.37FY2026 $0.92FY2026
EPS growth, next FY – +279.4%FY2026 +104.4%FY2026
EPS growth, the year after – -6.4% -27.2%
Revenue, next fiscal year – $50.05BFY2026 $33.31BFY2026
Revenue growth, next FY – +98.6%FY2026 +16.2%FY2026
Revenue growth, the year after – +2.4% -11.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFGPRSUNUGP
Held by institutions 0.0% 48.4% 5.2%
Institutions holding 1 302 177
Change in shares held, QoQ – -0.2% -10.2%
Institutions buying 0 115 98
Institutions selling 0 83 58
Buyers to sellers – 1.39 1.69

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FGPRSUNUGP
FGPR 1.00 0.05 -0.08
SUN 0.05 1.00 0.05
UGP -0.08 0.05 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FGPR, SUN and UGP?

Sunoco (SUN) is the largest by market capitalisation: Ferrellgas Partners L P (FGPR) $120.75M, Sunoco (SUN) $10.20B, Ultrapar Holdings (UGP) $7.03B.

Which stock is cheaper, FGPR, SUN and UGP?

Ferrellgas Partners L P (FGPR) trades on the lowest price-to-earnings ratio (Ferrellgas Partners L P (FGPR) 1.6x, Sunoco (SUN) 8.8x, Ultrapar Holdings (UGP) 10.1x). On next year's consensus earnings, Sunoco (SUN) is cheapest (Sunoco (SUN) 7.9x, Ultrapar Holdings (UGP) 8.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Sunoco (SUN) grew revenue fastest over the trailing twelve months: Ferrellgas Partners L P (FGPR) -3.6%, Sunoco (SUN) +83.3%, Ultrapar Holdings (UGP) +20.1%.

Which company is more profitable?

Ferrellgas Partners L P (FGPR) has the highest net margin (Ferrellgas Partners L P (FGPR) 4.1%, Sunoco (SUN) 2.9%, Ultrapar Holdings (UGP) 2.4%). On return on invested capital, Ultrapar Holdings (UGP) leads (Ferrellgas Partners L P (FGPR) 38.5%, Sunoco (SUN) 7.5%, Ultrapar Holdings (UGP) 463.0%).

Which stock has performed better?

Over the past year Ultrapar Holdings (UGP) returned the most: Ferrellgas Partners L P (FGPR) +6.0%, Sunoco (SUN) +36.1%, Ultrapar Holdings (UGP) +102.6%. Over five years, Ultrapar Holdings (UGP) compounded fastest (Ferrellgas Partners L P (FGPR) -3.9%/yr, Sunoco (SUN) +12.1%/yr, Ultrapar Holdings (UGP) +26.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Ferrellgas Partners L P (FGPR) 0.00%, Sunoco (SUN) 0.07%, Ultrapar Holdings (UGP) 0.00%. Ferrellgas Partners L P (FGPR) and Ultrapar Holdings (UGP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Sunoco (SUN) has been the steadiest (Ferrellgas Partners L P (FGPR) 37.1%, Sunoco (SUN) 26.5%, Ultrapar Holdings (UGP) 34.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FGPR, SUN and UGP?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ultrapar Holdings (UGP) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.