Ultrapar Holdings (UGP) Net Margin (2009 - 2026)
Ultrapar Holdings (UGP) posted quarterly Net Margin of 1.09% for Q1 2026, up 55.0% year-over-year from 0.7% in Q1 2025, and up 106.13% quarter-over-quarter from 17.71% in Q4 2025.
Ultrapar Holdings (UGP) Net Margin (2009 - 2026) Analysis & Trends
Ultrapar Holdings (UGP) has reported Net Margin for 18 consecutive years, with 1.09% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 55.0% year-over-year to 1.09%; the TTM figure through Mar 2026 stood at 4.39% (down 639.0% YoY), while the FY2025 annual figure was 1.72%, down 5.0% from the prior year.
- Net Margin advanced to 1.09% in Q1 2026 per UGP's latest filing, from 17.71% in the prior quarter.
- Across five years, Net Margin topped out at 33.46% in Q1 2022 and bottomed at 17.71% in Q4 2025.
- Historically, Net Margin has averaged 2.74% across 5 years, with a median of 1.35% in 2022.
- Annual changes were most pronounced in 2022 — Net Margin surged 3286 bps — and 2023, when it slumped 3261 bps.
- Ultrapar Holdings' Net Margin stood at 2.29% in 2022, then slipped by 25 bps to 1.72% in 2023, then jumped by 33 bps to 2.28% in 2024, then plunged by 875 bps to 17.71% in 2025, then soared by 106 bps to 1.09% in 2026.
- Business Quant data shows UGP's Net Margin at 1.09% in Q1 2026, 17.71% in Q4 2025, and 0.06% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 95.97 Bn | 88.20 Bn | 9.27 Bn | 10.58% |
| 2 | Valero Energy | 94.92 Bn | 87.05 Bn | 5.47 Bn | 9.16% |
| 3 | Phillips 66 | 89.40 Bn | 85.30 Bn | 8.38 Bn | 7.45% |
| 4 | HF Sinclair | 15.54 Bn | 13.28 Bn | 1.57 Bn | 8.59% |
| 5 | Sunoco | 10.16 Bn | 9.39 Bn | 1.46 Bn | 1.98% |
| 6 | PBF Energy | 8.17 Bn | 7.28 Bn | 1.15 Bn | 7.84% |
| 7 | Cosan | 6.52 Bn | 1.41 Bn | 552.94 Mn | -53.87% |
| 8 | Ultrapar Holdings | 6.40 Bn | 4.68 Bn | 603.08 Mn | 1.09% |
| 9 | Icahn Enterprises | 5.05 Bn | 3.08 Bn | 198.00 Mn | -12.59% |
| 10 | Delek US Holdings | 3.92 Bn | 3.29 Bn | 365.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.09% |
| Dec 31, 2025 | -17.71% |
| Sep 30, 2025 | -0.06% |
| Jun 30, 2025 | -0.06% |
| Mar 31, 2025 | 0.54% |
| Sep 30, 2024 | 2.28% |
| Jun 30, 2024 | 4.44% |
| Mar 31, 2024 | 1.50% |
| Dec 31, 2023 | 1.72% |
| Sep 30, 2023 | 6.87% |
| Jun 30, 2023 | 4.59% |
| Mar 31, 2023 | 0.86% |
| Dec 31, 2022 | 2.29% |
| Sep 30, 2022 | 0.91% |
| Jun 30, 2022 | 1.21% |
| Mar 31, 2022 | 33.46% |
| Dec 31, 2021 | 0.72% |
| Sep 30, 2021 | 0.47% |
| Jun 30, 2021 | -0.11% |
| Mar 31, 2021 | 0.60% |