Ultrapar Holdings (UGP) Return on Equity [ROE] (2009 - 2026)
Ultrapar Holdings' Return on Equity [ROE] was 22.33% in Q2 2026, down 8.24 percentage points from 30.57% a year earlier but up 5.00 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 15.69%, down 0.15 percentage points from FY2024.
- Return on Equity [ROE] shows a five-year change of +7.49 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was 15.83% in FY2024 (-2.43 pp), 18.26% in FY2023 (+1.68 pp), 16.58% in FY2022 (+8.14 pp) and 8.44% in FY2021 (+0.25 pp).
- Quarterly Return on Equity [ROE] has moved between 8.41% (Q4 2021) and 61.01% (Q4 2022) over five years.
- Compared with a year earlier, Return on Equity [ROE] has declined for three straight quarters, with an average year-over-year change of -4.45 percentage points over the last six quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q4 2022 (a gain of 52.59 percentage points); the worst was Q4 2023 (a drop of 36.01 percentage points).
- Per Business Quant data, UGP's Return on Equity [ROE] in the three quarters before Q2 2026 was 17.34% (Q1 2026), 14.24% (Q4 2025) and 30.98% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 133.43 Bn | 117.19 Bn | 9.27 Bn | 41.96% |
| 2 | Valero Energy | 125.40 Bn | 102.34 Bn | 5.47 Bn | 27.64% |
| 3 | HF Sinclair | 22.01 Bn | 16.17 Bn | 1.57 Bn | 19.13% |
| 4 | Sunoco | 10.07 Bn | 4.45 Bn | 1.46 Bn | 13.91% |
| 5 | PBF Energy | 9.26 Bn | 6.81 Bn | 1.15 Bn | 22.40% |
| 6 | Ultrapar Holdings | 8.27 Bn | 1.03 Bn | 912.61 Mn | 35.34% |
| 7 | Cvr Energy | 5.89 Bn | 3.46 Bn | 117.00 Mn | 23.12% |
| 8 | Delek US Holdings | 4.62 Bn | 2.11 Bn | 365.10 Mn | 77.58% |
| 9 | Icahn Enterprises | 3.93 Bn | -1.83 Bn | - | -22.08% |
| 10 | Bw Lpg | 3.87 Bn | 2.85 Bn | - | 24.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 35.27% |
| Jun 30, 2024 | 34.67% |
| Mar 31, 2024 | 30.79% |
| Dec 31, 2023 | 27.61% |
| 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% |
| Sep 30, 2021 | 10.04% |
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();