Ultrapar Holdings (UGP) Gross Margin (2009 - 2026)
Ultrapar Holdings (UGP) reported Gross Margin of 8.64% for Q1 2026, up 221.0% year-over-year from 2.69% in Q1 2025, and up 308.48% quarter-over-quarter from 4.14% in Q4 2025.
Ultrapar Holdings (UGP) Gross Margin (2009 - 2026) Analysis & Trends
Ultrapar Holdings (UGP) has 18 years of Gross Margin data on file, last reported at 8.64% in Q1 2026.
- Gross Margin for Q1 2026 came in at 8.64%, up 221.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1743.7% (up 173952.0% YoY), and the FY2025 annual result was 6.57%, down 68.0% from the prior year.
- Gross Margin grew to 8.64% in Q1 2026 per UGP's latest filing, from 4.14% in the prior quarter.
- Over five years, Gross Margin peaked at 2395.18% in Q3 2025 and troughed at 4.14% in Q4 2025.
- A 5-year average of 175.07% and a median of 5.08% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin plunged 442 bps in 2024, then soared 239285 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 4.56% in 2022, then soared by 48 bps to 6.75% in 2023, then sank by 66 bps to 2.33% in 2024, then slumped by 278 bps to 4.14% in 2025, then soared by 308 bps to 8.64% in 2026.
- Business Quant data shows UGP's Gross Margin at 8.64% in Q1 2026, 4.14% in Q4 2025, and 2395.18% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 76.18 Bn | 80.70 Bn | 3.31 Bn | 9.57% |
| 2 | Valero Energy | 75.63 Bn | 72.96 Bn | 30.79 Bn | 95.07% |
| 3 | Phillips 66 | 71.92 Bn | 67.92 Bn | 31.12 Bn | 94.30% |
| 4 | HF Sinclair | 12.56 Bn | 11.48 Bn | 1.19 Bn | 16.72% |
| 5 | Sunoco | 8.81 Bn | 8.10 Bn | 1.69 Bn | 15.80% |
| 6 | Cosan | 5.12 Bn | 250.68 Mn | 552.94 Mn | 31.01% |
| 7 | Icahn Enterprises | 4.72 Bn | 3.42 Bn | -134.00 Mn | -6.07% |
| 8 | PBF Energy | 4.49 Bn | 4.08 Bn | 278.50 Mn | 3.52% |
| 9 | Cvr Energy | 3.16 Bn | 2.85 Bn | -103.00 Mn | -5.20% |
| 10 | Ultrapar Holdings | 756.43 | -1.49 Bn | 603.08 Mn | 8.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.64% |
| Dec 31, 2025 | -4.14% |
| Sep 30, 2025 | 2,395.18% |
| Jun 30, 2025 | 3.20% |
| Mar 31, 2025 | 6.43% |
| Sep 30, 2024 | 2.33% |
| Jun 30, 2024 | 3.36% |
| Mar 31, 2024 | 6.78% |
| Sep 30, 2023 | 6.75% |
| Jun 30, 2023 | 2.78% |
| Mar 31, 2023 | 5.61% |
| Sep 30, 2022 | 4.56% |
| Jun 30, 2022 | 2.96% |
| Mar 31, 2022 | 6.61% |
| Dec 31, 2021 | 27.89% |
| Sep 30, 2021 | 4.34% |
| Jun 30, 2021 | 3.09% |
| Mar 31, 2021 | 7.79% |
| Dec 31, 2020 | 24.18% |
| Sep 30, 2020 | 19.75% |