Ultrapar Holdings (UGP) EV to CFO (2009 - 2026)
Ultrapar Holdings' EV to CFO was 1.84 in Q2 2026, down 43.3% from 3.24 a year earlier and down 50.2% from the prior quarter.
Powered by 
Analysis
Ultrapar Holdings (UGP) EV to CFO (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ultrapar Holdings' EV to CFO was -0.43 through Jun 30, 2026; for FY2025, it was 3.07, down 10.5% from FY2024.
- In earlier years, EV to CFO was 3.43 in FY2024 (-45.1%), 6.25 in FY2023 (+48.7%), 4.20 in FY2022 (-20.0%) and 5.26 in FY2021 (-7.3%).
- The Q2 2026 figure marks the lowest quarterly EV to CFO in data going back to Q1 2009.
- Compared with a year earlier, EV to CFO was higher in 1 of the last five quarters, with an average decline of 27.7%.
- The best year-over-year quarter for EV to CFO over five years was Q3 2021 (growth of 178.5%); the worst was Q1 2025 (a decline of 85.1%).
- Per Business Quant data, UGP's EV to CFO in the three quarters before Q2 2026 was 3.70 (Q1 2026), 2.77 (Q4 2025) and 3.17 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marathon Petroleum | 137.97 Bn | 121.73 Bn | 9.27 Bn |
| 2 | Valero Energy | 134.23 Bn | 111.17 Bn | 5.47 Bn |
| 3 | HF Sinclair | 23.03 Bn | 17.20 Bn | 1.57 Bn |
| 4 | PBF Energy | 10.79 Bn | 8.35 Bn | 1.15 Bn |
| 5 | Sunoco | 10.43 Bn | 4.80 Bn | 1.46 Bn |
| 6 | Ultrapar Holdings | 8.35 Bn | 1.76 Bn | 912.61 Mn |
| 7 | Cvr Energy | 6.36 Bn | 3.93 Bn | 117.00 Mn |
| 8 | Delek US Holdings | 4.96 Bn | 2.45 Bn | 365.10 Mn |
| 9 | Icahn Enterprises | 4.49 Bn | -1.27 Bn | - |
| 10 | Par Pacific Holdings | 4.36 Bn | 3.68 Bn | 852.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.66 |
| Mar 31, 2026 | 3.70 |
| Dec 31, 2025 | 2.77 |
| Sep 30, 2025 | 3.17 |
| Jun 30, 2025 | 3.24 |
| Mar 31, 2025 | 2.52 |
| Dec 31, 2024 | 2.40 |
| Sep 30, 2024 | 5.82 |
| Jun 30, 2024 | 5.33 |
| Mar 31, 2024 | 8.65 |
| Jun 30, 2023 | 3.32 |
| Mar 31, 2023 | 3.80 |
| Dec 31, 2022 | 10.19 |
| Mar 31, 2022 | 15.18 |
| Dec 31, 2021 | 3.63 |
| Sep 30, 2021 | 3.90 |
| Jun 30, 2021 | 5.86 |
| Mar 31, 2021 | 5.39 |
| Dec 31, 2020 | 5.45 |
| Sep 30, 2020 | 3.05 |
API Access
Ultrapar Holdings EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=UGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "UGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=UGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();