Ultrapar Holdings Return on Equity (ROE) Growth & History (UGP)
Ultrapar Holdings's return on equity was 15.92% for fiscal 2025.
View full Ultrapar Holdings company overviewUltrapar Holdings annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 15.92% | −1.70 pp |
| 2024 | 2024-12-31 | 17.62% | −2.35 pp |
| 2023 | 2023-12-31 | 19.97% | +3.07 pp |
| 2022 | 2022-12-31 | 16.90% | +7.88 pp |
| 2021 | 2021-12-31 | 9.02% | −0.75 pp |
| 2020 | 2020-12-31 | 9.77% | +5.51 pp |
| 2019 | 2019-12-31 | 4.26% | −7.85 pp |
| 2018 | 2018-12-31 | 12.11% | −5.06 pp |
| 2017 | 2017-12-31 | 17.17% | −1.58 pp |
| 2016 | 2016-12-31 | 18.75% | — |
Ultrapar Holdings quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 9.00% | +2.04 pp |
| Q1 2026 | 2026-03-31 | 5.45% | +3.26 pp |
| Q4 2025 | 2025-12-31 | 2.02% | — |
| Q3 2025 | 2025-09-30 | 4.37% | — |
| Q2 2025 | 2025-06-30 | 6.96% | — |
| Q1 2025 | 2025-03-31 | 2.19% | — |
Ultrapar Holdings return on equity trends
Over the last five fiscal years, Ultrapar Holdings's return on equity increased from 9.77% to 15.92%, a change of +6.15 percentage points. The latest reported quarter, Q2 2026, shows 9.00%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ultrapar Holdings source filings ↗