Ultrapar Holdings annual net debt
2018
2019
2020
2021
2022
2023
2024
2025
Ultrapar Holdings Net Debt Growth & History (UGP)
Ultrapar Holdings's net debt was R$18.66B for fiscal 2025.
View full Ultrapar Holdings company overviewUltrapar Holdings annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | R$18.66B | R$4.94B | +36.03% |
| 2024 | 2024-12-31 | R$13.72B | R$6.35B | +86.20% |
| 2023 | 2023-12-31 | R$7.37B | −R$286.1M | −3.74% |
| 2022 | 2022-12-31 | R$7.65B | −R$7.79B | −50.46% |
| 2021 | 2021-12-31 | R$15.45B | −R$1.10B | −6.66% |
| 2020 | 2020-12-31 | R$16.55B | R$2.68B | +19.34% |
| 2019 | 2019-12-31 | R$13.87B | R$2.64B | +23.55% |
| 2018 | 2018-12-31 | R$11.22B | — | — |
Ultrapar Holdings quarterly net debt
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | R$14.92B | −R$1.12B | −7.00% |
| Q1 2026 | 2026-03-31 | R$17.26B | R$3.66B | +26.87% |
| Q4 2025 | 2025-12-31 | R$18.66B | R$4.94B | +36.03% |
| Q3 2025 | 2025-09-30 | R$15.96B | — | — |
| Q2 2025 | 2025-06-30 | R$16.04B | — | — |
| Q1 2025 | 2025-03-31 | R$13.61B | — | — |
| Q4 2024 | 2024-12-31 | R$13.72B | R$6.35B | +86.20% |
| Q4 2023 | 2023-12-31 | R$7.37B | −R$286.1M | −3.74% |
| Q4 2022 | 2022-12-31 | R$7.65B | −R$7.79B | −50.46% |
| Q4 2021 | 2021-12-31 | R$15.45B | −R$1.10B | −6.66% |
| Q4 2020 | 2020-12-31 | R$16.55B | R$2.68B | +19.34% |
| Q4 2019 | 2019-12-31 | R$13.87B | R$2.64B | +23.55% |
| Q4 2018 | 2018-12-31 | R$11.22B | — | — |
Ultrapar Holdings net debt trends
Over the last five fiscal years, Ultrapar Holdings's net debt increased from R$16.55B to R$18.66B, a change of R$2.11B. The latest reported quarter, Q2 2026, shows R$14.92B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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