Ultrapar Participações S.A (UGR) — Capital Reinvestment Ratio
Ultrapar Participações S.A (UGR) has a Capital Reinvestment Ratio of 0.28x as of December 2025, meaning it reinvests 0% of its operating cash flow (€2.38 Billion) in capital expenditures (€670.23 Million). Check UGR goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Ultrapar Participações S.A Capital Reinvestment Ratio (2016–2025)
This chart tracks Ultrapar Participações S.A's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see Ultrapar Participações S.A operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Ultrapar Participações S.A (2016–2025)
Year-by-year Capital Reinvestment Ratio for Ultrapar Participações S.A from 2016 to 2025. See Ultrapar Participações S.A (UGR) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.37x | €5.45 Billion | €2.01 Billion | ▼ -23.1% |
| 2024 | 0.48x | €3.74 Billion | €1.79 Billion | ▲ +43.1% |
| 2023 | 0.33x | €3.85 Billion | €1.29 Billion | ▼ -27.9% |
| 2022 | 0.46x | €2.00 Billion | €929.24 Million | ▲ +16.6% |
| 2021 | 0.40x | €2.59 Billion | €1.03 Billion | ▲ +66.3% |
| 2020 | 0.24x | €3.14 Billion | €750.62 Million | ▼ -31.4% |
| 2019 | 0.35x | €2.92 Billion | €1.02 Billion | ▼ -14.5% |
| 2018 | 0.41x | €2.89 Billion | €1.18 Billion | ▼ -45.5% |
| 2017 | 0.75x | €1.74 Billion | €1.30 Billion | ▲ +13.0% |
| 2016 | 0.66x | €2.51 Billion | €1.67 Billion | — |