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.
Powered by 
Analysis
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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 112.01 Bn | 104.24 Bn | 9.27 Bn | 10.58% |
| 2 | Valero Energy | 107.72 Bn | 99.85 Bn | 5.47 Bn | 9.16% |
| 3 | Phillips 66 | 102.68 Bn | 98.59 Bn | 8.38 Bn | 7.45% |
| 4 | HF Sinclair | 19.04 Bn | 16.78 Bn | 1.57 Bn | 8.59% |
| 5 | Sunoco | 10.45 Bn | 9.67 Bn | 1.46 Bn | 1.98% |
| 6 | PBF Energy | 8.96 Bn | 8.06 Bn | 1.15 Bn | 7.84% |
| 7 | Ultrapar Holdings | 7.64 Bn | 5.53 Bn | 912.61 Mn | 43.25% |
| 8 | Icahn Enterprises | 4.53 Bn | 2.56 Bn | 198.00 Mn | -12.59% |
| 9 | Delek US Holdings | 4.41 Bn | 3.78 Bn | 365.10 Mn | 4.41% |
| 10 | Cvr Energy | 4.34 Bn | 3.60 Bn | 117.00 Mn | 1.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.25% |
| Mar 31, 2026 | 44.81% |
| Dec 31, 2025 | 41.26% |
| Sep 30, 2025 | 5.02% |
| Jun 30, 2025 | 47.15% |
| Mar 31, 2025 | 3.12% |
| Dec 31, 2024 | 42.82% |
| Jun 30, 2024 | 6.92% |
| Mar 31, 2024 | 2.88% |
| Dec 31, 2023 | 8.07% |
| Jun 30, 2023 | 1.52% |
| Mar 31, 2023 | 0.86% |
| Dec 31, 2022 | 2.29% |
| Sep 30, 2022 | 27.64% |
| Jun 30, 2022 | 28.97% |
| Mar 31, 2022 | 30.97% |
| Dec 31, 2021 | 0.00% |
| Sep 30, 2021 | 0.00% |
| Jun 30, 2021 | 0.00% |
| Mar 31, 2021 | 0.01% |