Ultrapar Participações Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jan '26 Jan 2, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Market Capitalization	22,331	17,313	28,882	13,732	15,854	25,834	Upgrade
Market Cap Growth	10.71%	-40.05%	110.32%	-13.38%	-38.63%	-6.64%	Upgrade
Enterprise Value	39,082	29,066	37,091	22,070	28,730	38,250	Upgrade
Last Close Price	20.90	14.48	23.59	10.99	12.20	19.21	Upgrade
PE Ratio	7.76	7.33	11.84	7.63	18.64	28.92	Upgrade
Forward PE	9.93	8.81	21.64	16.19	17.01	22.50	Upgrade
PS Ratio	0.16	0.13	0.23	0.10	0.14	0.35	Upgrade
PB Ratio	1.20	1.09	2.06	1.13	1.51	2.61	Upgrade
P/TBV Ratio	1.93	1.59	3.10	1.68	2.24	3.96	Upgrade
P/FCF Ratio	6.81	8.89	11.27	12.77	10.18	10.82	Upgrade
P/OCF Ratio	4.21	4.64	7.50	6.85	6.13	8.23	Upgrade
PEG Ratio	1.47	2.22	6.35	0.71	0.67	0.85	Upgrade
EV/Sales Ratio	0.28	0.22	0.29	0.15	0.26	0.52	Upgrade
EV/EBITDA Ratio	6.47	5.74	7.24	6.79	13.56	18.81	Upgrade
EV/EBIT Ratio	8.66	7.59	9.61	10.21	20.68	28.89	Upgrade
EV/FCF Ratio	11.92	14.92	14.47	20.52	18.45	16.02	Upgrade
Debt / Equity Ratio	0.99	1.00	0.95	1.09	1.69	1.94	Upgrade
Debt / EBITDA Ratio	2.95	2.94	2.45	3.75	7.45	8.44	Upgrade
Debt / FCF Ratio	5.64	8.10	5.19	12.35	11.38	8.05	Upgrade
Asset Turnover	3.29	3.43	3.38	3.81	2.92	2.20	Upgrade
Inventory Turnover	30.56	30.43	25.51	31.11	27.00	18.53	Upgrade
Quick Ratio	1.18	1.06	1.20	1.01	0.75	1.41	Upgrade
Current Ratio	1.83	1.53	1.66	1.45	1.98	1.89	Upgrade
Return on Equity (ROE)	18.76%	16.92%	19.22%	13.59%	8.03%	6.55%	Upgrade
Return on Assets (ROA)	6.99%	6.15%	6.46%	3.58%	2.31%	2.45%	Upgrade
Return on Capital (ROIC)	8.75%	8.12%	9.15%	5.04%	3.03%	3.01%	Upgrade
Return on Capital Employed (ROCE)	13.00%	13.20%	14.30%	9.10%	5.30%	4.90%	Upgrade
Earnings Yield	13.31%	13.65%	8.45%	13.11%	5.36%	3.46%	Upgrade
FCF Yield	14.68%	11.25%	8.87%	7.83%	9.82%	9.24%	Upgrade
Dividend Yield	6.22%	4.84%	2.76%	4.64%	3.03%	2.29%	Upgrade
Payout Ratio	32.00%	35.28%	16.40%	35.44%	82.98%	31.87%	Upgrade
Buyback Yield / Dilution	0.23%	-1.15%	-0.57%	-0.16%	-0.10%	-0.28%	Upgrade
Total Shareholder Return	6.45%	3.69%	2.19%	4.48%	2.93%	2.02%	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.