Ultrapar Holdings (UGP) Tax Rate (2009 - 2026)
Ultrapar Holdings (UGP) posted quarterly Tax Rate of 77.97% for Q1 2026, up 73.0% year-over-year from 45.07% in Q1 2025, and up 167.0% quarter-over-quarter from 116.38% in Q4 2025.
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Analysis
Ultrapar Holdings (UGP) Tax Rate (2009 - 2026) Analysis & Trends
Ultrapar Holdings (UGP) has reported Tax Rate for 18 consecutive years, with 77.97% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 73.0% year-over-year to 77.97%; the TTM figure through Mar 2026 stood at 158.79% (up 11324.0% YoY), while the FY2025 annual figure was 27.9%, down 913.0% from the prior year.
- Tax Rate rose to 77.97% in Q1 2026 per UGP's latest filing, from 116.38% in the prior quarter.
- Across five years, Tax Rate topped out at 100.0% in Q4 2024 and bottomed at 116.38% in Q4 2025.
- Historically, Tax Rate has averaged 16.26% across 5 years, with a median of 21.87% in 2024.
- Annual changes were most pronounced in 2023 — Tax Rate soared 10415 bps — and 2025, when it sank 21638 bps.
- Ultrapar Holdings' Tax Rate stood at 39.34% in 2022, then soared by 265 bps to 64.81% in 2023, then surged by 54 bps to 100.0% in 2024, then slumped by 216 bps to 116.38% in 2025, then surged by 167 bps to 77.97% in 2026.
- Business Quant data shows UGP's Tax Rate at 77.97% in Q1 2026, 116.38% in Q4 2025, and 27.16% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 112.01 Bn | 104.24 Bn | 9.27 Bn | 20.68% |
| 2 | Valero Energy | 107.72 Bn | 99.85 Bn | 5.47 Bn | 21.17% |
| 3 | Phillips 66 | 102.68 Bn | 98.59 Bn | 8.38 Bn | 21.97% |
| 4 | HF Sinclair | 19.04 Bn | 16.78 Bn | 1.57 Bn | 23.81% |
| 5 | Sunoco | 10.45 Bn | 9.67 Bn | 1.46 Bn | 21.82% |
| 6 | PBF Energy | 8.96 Bn | 8.06 Bn | 1.15 Bn | 25.56% |
| 7 | Ultrapar Holdings | 7.64 Bn | 5.53 Bn | 912.61 Mn | 26.90% |
| 8 | Icahn Enterprises | 4.53 Bn | 2.56 Bn | 198.00 Mn | -0.52% |
| 9 | Delek US Holdings | 4.41 Bn | 3.78 Bn | 365.10 Mn | 18.84% |
| 10 | Cvr Energy | 4.34 Bn | 3.60 Bn | 117.00 Mn | 17.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.90% |
| Mar 31, 2026 | -35.29% |
| Dec 31, 2025 | 321.51% |
| Sep 30, 2025 | -83.67% |
| Jun 30, 2025 | 25.63% |
| Mar 31, 2025 | -31.34% |
| Dec 31, 2024 | -89.66% |
| Jun 30, 2024 | -21.87% |
| Mar 31, 2024 | -31.45% |
| Dec 31, 2023 | -64.81% |
| Jun 30, 2023 | -50.89% |
| Mar 31, 2023 | -25.24% |
| Dec 31, 2022 | 1.62% |
| Sep 30, 2022 | 157.59% |
| Jun 30, 2022 | 26.60% |
| Mar 31, 2022 | -4.12% |
| Dec 31, 2021 | 56.53% |
| Sep 30, 2021 | -44.00% |
| Jun 30, 2021 | -496.84% |
| Mar 31, 2021 | -22.54% |