Ultrapar Holdings (UGP) Change in Working Capital (2009 - 2026)
Ultrapar Holdings (UGP) posted quarterly Change in Working Capital of $4.4 million for Q1 2026, up 446.38% year-over-year from $799837.9 in Q1 2025, and up 167.32% quarter-over-quarter from -$6.5 million in Q4 2025.
Ultrapar Holdings (UGP) Change in Working Capital (2009 - 2026) Analysis & Trends
Ultrapar Holdings (UGP) has reported Change in Working Capital for 18 consecutive years, with $4.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Working Capital rose 446.38% year-over-year to $4.4 million; the TTM figure through Mar 2026 stood at -$22.2 million (down 271.47% YoY), while the FY2025 annual figure was -$3.4 million, down 74.88% from the prior year.
- Change in Working Capital climbed to $4.4 million in Q1 2026 per UGP's latest filing, from -$6.5 million in the prior quarter.
- Across five years, Change in Working Capital topped out at $31.4 million in Q3 2023 and bottomed at -$62.2 million in Q3 2022.
- Historically, Change in Working Capital has averaged $200500.5 across 5 years, with a median of $2.0 million in 2023.
- Annual changes were most pronounced in 2022 — Change in Working Capital sank 5334.43% — and 2024, when it jumped 1031.05%.
- Ultrapar Holdings' Change in Working Capital stood at $6.3 million in 2022, then surged by 393.84% to $31.4 million in 2023, then slumped by 106.04% to -$1.9 million in 2024, then sank by 242.98% to -$6.5 million in 2025, then soared by 167.32% to $4.4 million in 2026.
- Business Quant data shows UGP's Change in Working Capital at $4.4 million in Q1 2026, -$6.5 million in Q4 2025, and -$9.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 97.05 Bn | 89.28 Bn | 9.27 Bn | - |
| 2 | Valero Energy | 95.18 Bn | 87.30 Bn | 5.47 Bn | - |
| 3 | Phillips 66 | 89.90 Bn | 85.80 Bn | 8.38 Bn | - |
| 4 | HF Sinclair | 15.35 Bn | 13.09 Bn | 1.57 Bn | - |
| 5 | Sunoco | 10.13 Bn | 9.36 Bn | 1.46 Bn | - |
| 6 | PBF Energy | 8.19 Bn | 7.29 Bn | 1.15 Bn | - |
| 7 | Cosan | 6.43 Bn | 1.32 Bn | 552.94 Mn | - |
| 8 | Ultrapar Holdings | 6.39 Bn | 4.67 Bn | 603.08 Mn | 4.37 Mn |
| 9 | Icahn Enterprises | 5.07 Bn | 3.10 Bn | 198.00 Mn | - |
| 10 | Delek US Holdings | 3.92 Bn | 3.29 Bn | 365.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.37 Mn |
| Mar 31, 2026 | 4.37 Mn |
| Dec 31, 2025 | -6.49 Mn |
| Dec 31, 2025 | -6.49 Mn |
| Sep 30, 2025 | -9.83 Mn |
| Sep 30, 2025 | -9.83 Mn |
| Jun 30, 2025 | -10.24 Mn |
| Jun 30, 2025 | -10.24 Mn |
| Mar 31, 2025 | -1.26 Mn |
| Mar 31, 2025 | -1.26 Mn |
| Dec 31, 2024 | -1.89 Mn |
| Dec 31, 2024 | -1.89 Mn |
| Sep 30, 2024 | 12.44 Mn |
| Sep 30, 2024 | 12.44 Mn |
| Jun 30, 2024 | 3.65 Mn |
| Jun 30, 2024 | 3.65 Mn |
| Mar 31, 2024 | 10.31 Mn |
| Mar 31, 2024 | 10.31 Mn |
| Sep 30, 2023 | 31.35 Mn |
| Sep 30, 2023 | 31.35 Mn |