Ultrapar Holdings (UGP) Operating Leases (2018 - 2026)
Ultrapar Holdings (UGP) posted quarterly Operating Leases of -$321.9 million for Q1 2026, down 27.26% year-over-year from -$442.5 million in Q1 2025, and down 199.75% quarter-over-quarter from $322.7 million in Q4 2025.
Ultrapar Holdings (UGP) Operating Leases (2018 - 2026) Analysis & Trends
Ultrapar Holdings (UGP) has reported Operating Leases for 9 consecutive years, with -$321.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases fell 27.26% year-over-year to -$321.9 million; the TTM figure through Mar 2026 stood at -$321.9 million (down 27.26% YoY), while the FY2025 annual figure was $322.7 million, up 26.27% from the prior year.
- Operating Leases retreated to -$321.9 million in Q1 2026 per UGP's latest filing, from $322.7 million in the prior quarter.
- Across five years, Operating Leases topped out at $322.7 million in Q4 2025 and bottomed at -$368.2 million in Q2 2022.
- Historically, Operating Leases has averaged -$136.6 million across 5 years, with a median of -$297.7 million in 2024.
- Annual changes were most pronounced in 2024 — Operating Leases surged 168.06% — and 2025, when it tumbled 246.83%.
- Ultrapar Holdings' Operating Leases stood at $289.6 million in 2022, then climbed by 6.28% to $307.8 million in 2023, then retreated by 16.98% to $255.6 million in 2024, then advanced by 26.27% to $322.7 million in 2025, then slumped by 199.75% to -$321.9 million in 2026.
- Business Quant data shows UGP's Operating Leases at -$321.9 million in Q1 2026, $322.7 million in Q4 2025, and -$313.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marathon Petroleum | 97.05 Bn | 89.28 Bn | 9.27 Bn |
| 2 | Valero Energy | 95.18 Bn | 87.30 Bn | 5.47 Bn |
| 3 | Phillips 66 | 89.90 Bn | 85.80 Bn | 8.38 Bn |
| 4 | HF Sinclair | 15.35 Bn | 13.09 Bn | 1.57 Bn |
| 5 | Sunoco | 10.13 Bn | 9.36 Bn | 1.46 Bn |
| 6 | PBF Energy | 8.19 Bn | 7.29 Bn | 1.15 Bn |
| 7 | Cosan | 6.43 Bn | 1.32 Bn | 552.94 Mn |
| 8 | Ultrapar Holdings | 6.39 Bn | 4.67 Bn | 603.08 Mn |
| 9 | Icahn Enterprises | 5.07 Bn | 3.10 Bn | 198.00 Mn |
| 10 | Delek US Holdings | 3.92 Bn | 3.29 Bn | 365.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -321.87 Mn |
| Dec 31, 2025 | 322.67 Mn |
| Sep 30, 2025 | -313.48 Mn |
| Jun 30, 2025 | -308.94 Mn |
| Mar 31, 2025 | -252.91 Mn |
| Dec 31, 2024 | 255.55 Mn |
| Sep 30, 2024 | -268.52 Mn |
| Jun 30, 2024 | 210.40 Mn |
| Mar 31, 2024 | -297.68 Mn |
| Dec 31, 2023 | 307.83 Mn |
| Sep 30, 2023 | -313.94 Mn |
| Jun 30, 2023 | -309.14 Mn |
| Mar 31, 2023 | -304.89 Mn |
| Dec 31, 2022 | 289.65 Mn |
| Sep 30, 2022 | -291.83 Mn |
| Jun 30, 2022 | -368.16 Mn |
| Mar 31, 2022 | -356.74 Mn |
| Dec 31, 2021 | 241.73 Mn |
| Sep 30, 2021 | -348.08 Mn |
| Jun 30, 2021 | -338.32 Mn |