Ultrapar Participações S.A. (UGP) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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UGP Revenue Growth
Revenue Breakdown
UGP's revenue distribution by segment and geography
By Geography
UGP Revenue Analysis (2014–2025)
As of May 8, 2026, Ultrapar Participações S.A. (UGP) generated trailing twelve-month (TTM) revenue of $142.95 billion, reflecting solid growth of +8.8% year-over-year. The most recent quarter (Q4 2025) recorded $38.53 billion in revenue, up 4.0% sequentially.
Looking at the longer-term picture, UGP's 5-year compound annual growth rate (CAGR) stands at +13.5%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $143.63 billion in 2022.
When compared to Energy sector peers including SBS (-12.6% YoY), CIG (+6.6% YoY), and VALE (+6.3% YoY), UGP has outperformed the peer group in terms of revenue growth. Compare UGP vs SBS →
UGP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| UGPCurrent | $142.9B | +8.8% | +13.5% | 3.2% | |
 SBS | $37.3B | -12.6% | +16.0% | 32.2% | |
 CIG | $41.9B | +6.6% | +10.7% | 14.1% | |
 VALE | $38.2B | +6.3% | -0.7% | 29.0% | |
 PBR | $91.4B | -11.6% | +3.6% | 28.1% | |
 MPC | $132.7B | -1.4% | +13.7% | 4.3% |
UGP Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $139.57B | +4.5% | $9.18B | 6.6% | $4.50B | 3.2% |
| 2024 | $133.50B | +5.9% | $8.62B | 6.5% | $5.07B | 3.8% |
| 2023 | $126.05B | -12.2% | $9.32B | 7.4% | $4.57B | 3.6% |
| 2022 | $143.63B | +30.9% | $7.36B | 5.1% | $3.34B | 2.3% |
| 2021 | $109.73B | +48.2% | $4.90B | 4.5% | $1.79B | 1.6% |
| 2020 | $74.06B | -10.8% | $4.00B | 5.4% | $1.55B | 2.1% |
| 2019 | $83.00B | -8.5% | $4.80B | 5.8% | $2.05B | 2.5% |
| 2018 | $90.70B | +13.4% | $6.16B | 6.8% | $1.90B | 2.1% |
| 2017 | $80.01B | +3.4% | $7.27B | 9.1% | $2.87B | 3.6% |
| 2016 | $77.35B | +2.2% | $7.01B | 9.1% | $3.11B | 4.0% |
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Start ComparisonUGP — Frequently Asked Questions
Quick answers to the most common questions about buying UGP stock.
Is UGP's revenue growth accelerating or slowing?
UGP maintains +8.8% revenue growth, in line with its 5-year CAGR of +13.5%. TTM revenue stands at $142.9B. Growth rate remains consistent with historical average.
What is UGP's long-term revenue growth rate?
Ultrapar Participações S.A.'s 5-year revenue CAGR of +13.5% reflects the sustained expansion pattern. Current YoY growth of +8.8% is near this long-term average.
How is UGP's revenue distributed by segment?
UGP reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.