Ultrapar Holdings (UGP) Tax Rate (2009 - 2026)

Ultrapar Holdings (UGP) reported Tax Rate of 35.28% for Q1 2026, up 529.0% year-over-year from 5.61% in Q1 2025, and up 73.22% quarter-over-quarter from 131.72% in Q4 2025.

Ultrapar Holdings (UGP) Tax Rate (2009 - 2026) Analysis & Trends

Ultrapar Holdings (UGP) has 18 years of Tax Rate data on file, last reported at 35.28% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 35.28%, up 529.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 18.59% (up 9023.0% YoY), and the FY2025 annual result was 27.9%, down 913.0% from the prior year.
  • Tax Rate grew to 35.28% in Q1 2026 per UGP's latest filing, from 131.72% in the prior quarter.
  • Over five years, Tax Rate peaked at 33.17% in Q2 2022 and troughed at 131.72% in Q4 2025.
  • A 5-year average of 39.73% and a median of 37.92% in 2025 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate soared 6974 bps in 2022, then plunged 8406 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 24.98% in 2022, then plunged by 329 bps to 57.28% in 2023, then plunged by 57 bps to 89.66% in 2024, then sank by 47 bps to 131.72% in 2025, then surged by 73 bps to 35.28% in 2026.
  • Business Quant data shows UGP's Tax Rate at 35.28% in Q1 2026, 131.72% in Q4 2025, and 27.12% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Marathon Petroleum 76.18 Bn 80.70 Bn 3.31 Bn 17.70%
2 Valero Energy 75.63 Bn 72.96 Bn 30.79 Bn 23.27%
3 Phillips 66 71.92 Bn 67.92 Bn 31.12 Bn 15.77%
4 HF Sinclair 12.56 Bn 11.48 Bn 1.19 Bn 22.53%
5 Sunoco 8.81 Bn 8.10 Bn 1.69 Bn 5.15%
6 Cosan 5.12 Bn 250.68 Mn 552.94 Mn -
7 Icahn Enterprises 4.72 Bn 3.42 Bn -134.00 Mn 8.01%
8 PBF Energy 4.49 Bn 4.08 Bn 278.50 Mn 22.55%
9 Cvr Energy 3.16 Bn 2.85 Bn -103.00 Mn 15.34%
10 Ultrapar Holdings 756.43 -1.49 Bn 603.08 Mn -35.28%

Historic Data

Download Data
DateValue
Mar 31, 2026 -35.28%
Mar 31, 2026 -35.28%
Dec 31, 2025 -131.72%
Dec 31, 2025 -131.72%
Sep 30, 2025 -27.12%
Sep 30, 2025 -27.12%
Jun 30, 2025 -28.17%
Jun 30, 2025 -28.17%
Mar 31, 2025 -40.57%
Mar 31, 2025 -40.57%
Dec 31, 2024 -89.66%
Dec 31, 2024 -89.66%
Sep 30, 2024 -70.53%
Sep 30, 2024 -70.53%
Jun 30, 2024 -58.74%
Jun 30, 2024 -58.74%
Mar 31, 2024 -31.45%
Mar 31, 2024 -31.45%
Dec 31, 2023 -57.28%
Dec 31, 2023 -57.28%