Ultrapar Holdings (UGP) Return on Equity [ROE] (2009 - 2026)
Ultrapar Holdings' Return on Equity [ROE] was 47.90% in Q3 2026, up 23.37 percentage points from 24.53% a year earlier and up 12.56 percentage points from the prior quarter.
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Analysis
Ultrapar Holdings (UGP) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Return on Equity [ROE] at Ultrapar Holdings came in at 15.71%, down 1.80 percentage points from FY2024.
- Return on Equity [ROE] shows a five-year change of +7.35 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was 17.50% in FY2024 (-0.76 pp), 18.27% in FY2023 (+1.20 pp), 17.07% in FY2022 (+8.41 pp) and 8.66% in FY2021 (+0.31 pp).
- The Q3 2026 figure marks the highest quarterly Return on Equity [ROE] since Q2 2018.
- Compared with a year earlier, Return on Equity [ROE] has increased for three straight quarters, with an average year-over-year change of +1.48 percentage points over the last seven quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q3 2026 (a gain of 23.37 percentage points); the worst was Q2 2025 (a drop of 15.82 percentage points).
- Per Business Quant data, UGP's Return on Equity [ROE] in the three quarters before Q3 2026 was 35.34% (Q2 2026), 31.37% (Q1 2026) and 27.19% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 112.89 Bn | 92.33 Bn | 12.69 Bn | 58.47% |
| 2 | Valero Energy | 105.91 Bn | 80.88 Bn | 9.41 Bn | 45.67% |
| 3 | HF Sinclair | 17.51 Bn | 9.85 Bn | 3.15 Bn | 31.92% |
| 4 | Sunoco | 8.96 Bn | 5.82 Bn | 1.56 Bn | 18.07% |
| 5 | PBF Energy | 8.70 Bn | 4.34 Bn | 2.17 Bn | 37.38% |
| 6 | Ultrapar Holdings | 6.21 Bn | -1.35 Bn | 2.61 Bn | 47.90% |
| 7 | Delek US Holdings | 4.15 Bn | 1.30 Bn | 1.58 Bn | 118.61% |
| 8 | Cvr Energy | 4.12 Bn | 1.25 Bn | 783.00 Mn | 33.28% |
| 9 | Par Pacific Holdings | 3.66 Bn | 2.45 Bn | 715.29 Mn | 43.57% |
| 10 | Icahn Enterprises | 3.59 Bn | -1.86 Bn | 816.00 Mn | -61.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 47.90% |
| Jun 30, 2026 | 35.34% |
| Mar 31, 2026 | 31.37% |
| Dec 31, 2025 | 27.19% |
| Sep 30, 2025 | 24.53% |
| Jun 30, 2025 | 23.51% |
| Mar 31, 2025 | 23.82% |
| Dec 31, 2024 | 28.95% |
| Sep 30, 2024 | 39.95% |
| Jun 30, 2024 | 39.33% |
| Mar 31, 2024 | 35.28% |
| Dec 31, 2023 | 32.30% |
| Sep 30, 2023 | 23.06% |
| Jun 30, 2023 | 20.17% |
| Mar 31, 2023 | 21.01% |
| Dec 31, 2022 | 24.15% |
| Sep 30, 2022 | 20.70% |
| Jun 30, 2022 | 15.47% |
| Mar 31, 2022 | 11.92% |
| Dec 31, 2021 | 9.91% |
API Access
Ultrapar Holdings Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=UGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=UGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();