Ultrapar Holdings (UGP) Operating Leases (2014 - 2026)

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.