Ultrapar Holdings (UGP) Operating Expenses (2009 - 2026)
Ultrapar Holdings' Operating Expenses came in at -$124.47 million for Q2 2026, compared with -$52.99 million a year earlier.
Ultrapar Holdings (UGP) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ultrapar Holdings reported Operating Expenses of -$469.29 million; for FY2025, it was $417.23 million.
- Going back by year, Operating Expenses was $15.27 million in FY2024 (+3.5%), $14.75 million in FY2023 (+13.8%), $12.96 million in FY2022 and -$283.49 million in FY2021.
- The five-year range for quarterly Operating Expenses is -$382.03 million (Q4 2021) to $15.27 million (Q4 2024).
- Business Quant data shows UGP's Operating Expenses at -$124.64 million (Q1 2026), -$115.37 million (Q4 2025) and -$104.8 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 125.20 Bn | 108.95 Bn | 9.27 Bn | 45.02 Bn |
| 2 | Valero Energy | 109.03 Bn | 80.89 Bn | 9.41 Bn | 308.00 Mn |
| 3 | HF Sinclair | 19.74 Bn | 12.02 Bn | 3.15 Bn | 8.19 Bn |
| 4 | Sunoco | 9.45 Bn | 3.83 Bn | 1.46 Bn | 13.68 Bn |
| 5 | PBF Energy | 8.92 Bn | 8.92 Bn | - | 10.03 Bn |
| 6 | Ultrapar Holdings | 6.08 Bn | -1.15 Bn | 912.61 Mn | 124.47 Mn |
| 7 | Cvr Energy | 5.64 Bn | 3.21 Bn | 117.00 Mn | 52.00 Mn |
| 8 | Delek US Holdings | 4.32 Bn | 1.81 Bn | 365.10 Mn | 3.78 Bn |
| 9 | Bw Lpg | 3.57 Bn | 2.55 Bn | - | 101.47 Mn |
| 10 | Par Pacific Holdings | 3.49 Bn | 2.81 Bn | 852.68 Mn | 2.33 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 124.47 Mn |
| Mar 31, 2026 | 124.64 Mn |
| Dec 31, 2025 | 115.37 Mn |
| Sep 30, 2025 | 104.80 Mn |
| Jun 30, 2025 | 95.56 Mn |
| Mar 31, 2025 | 88.40 Mn |
| Dec 31, 2024 | 85.52 Mn |
| Sep 30, 2024 | 75.92 Mn |
| Jun 30, 2024 | 183.54 Mn |
| Mar 31, 2024 | 89.14 Mn |
| Dec 31, 2023 | 110.29 Mn |
| Sep 30, 2023 | 112.50 Mn |
| Jun 30, 2023 | 94.74 Mn |
| Mar 31, 2023 | 87.41 Mn |
| Dec 31, 2022 | 75.92 Mn |
| Sep 30, 2022 | 78.20 Mn |
| Jun 30, 2022 | 91.60 Mn |
| Mar 31, 2022 | 64.71 Mn |
| Dec 31, 2021 | 114.06 Mn |
| Sep 30, 2021 | 95.41 Mn |
Ultrapar Holdings Operating Expenses 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=operating-expenses&ticker=UGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=UGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();