Ultrapar Participacoes SA ADR (UGP) — Capital Reinvestment Ratio
Ultrapar Participacoes SA ADR (UGP) has a Capital Reinvestment Ratio of 0.67x as of March 2026, meaning it reinvests 1% of its operating cash flow ($525.50 Million) in capital expenditures ($354.60 Million). See cash generation quality of Ultrapar Participacoes SA ADR to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Ultrapar Participacoes SA ADR Capital Reinvestment Ratio (1999–2025)
This chart tracks Ultrapar Participacoes SA ADR's Capital Reinvestment Ratio across 27 annual periods.
Annual Capital Reinvestment Ratio for Ultrapar Participacoes SA ADR (1999–2025)
Year-by-year Capital Reinvestment Ratio for Ultrapar Participacoes SA ADR from 1999 to 2025. For live market cap and broader valuation context, see Ultrapar Participacoes SA ADR (UGP) total market value.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.56x | $3.48 Billion | $1.97 Billion | ▲ +18.0% |
| 2024 | 0.48x | $3.74 Billion | $1.79 Billion | ▲ +43.1% |
| 2023 | 0.33x | $3.85 Billion | $1.29 Billion | ▼ -45.0% |
| 2022 | 0.61x | $2.00 Billion | $1.22 Billion | ▲ +22.8% |
| 2021 | 0.50x | $2.59 Billion | $1.28 Billion | ▲ +35.1% |
| 2020 | 0.37x | $3.14 Billion | $1.15 Billion | ▼ -13.5% |
| 2019 | 0.42x | $2.92 Billion | $1.24 Billion | ▼ -13.5% |
| 2018 | 0.49x | $2.89 Billion | $1.42 Billion | ▼ -45.9% |
| 2017 | 0.91x | $2.28 Billion | $2.06 Billion | ▲ +36.6% |
| 2016 | 0.66x | $2.51 Billion | $1.67 Billion | ▲ +50.2% |
| 2015 | 0.44x | $3.20 Billion | $1.41 Billion | ▼ -11.0% |
| 2014 | 0.50x | $2.65 Billion | $1.31 Billion | ▼ -12.6% |
| 2013 | 0.57x | $2.12 Billion | $1.20 Billion | ▲ +2.2% |
| 2012 | 0.56x | $2.45 Billion | $1.36 Billion | ▼ -11.3% |
| 2011 | 0.63x | $1.71 Billion | $1.07 Billion | ▲ +4.0% |
| 2010 | 0.60x | $1.51 Billion | $908.45 Million | ▲ +89.5% |
| 2009 | 0.32x | $2.87 Billion | $912.86 Million | ▼ -87.2% |
| 2008 | 2.49x | $373.50 Million | $929.60 Million | ▲ +75.2% |
| 2007 | 1.42x | $468.16 Million | $664.95 Million | ▲ +106.2% |
| 2006 | 0.69x | $383.37 Million | $264.06 Million | ▲ +57.4% |
| 2005 | 0.44x | $409.74 Million | $179.29 Million | ▲ +3.9% |
| 2004 | 0.42x | $539.74 Million | $227.26 Million | ▼ -23.4% |
| 2003 | 0.55x | $310.14 Million | $170.51 Million | ▲ +52.7% |
| 2002 | 0.36x | $468.80 Million | $168.80 Million | ▼ -16.6% |
| 2001 | 0.43x | $339.06 Million | $146.30 Million | ▼ -32.5% |
| 2000 | 0.64x | $237.89 Million | $152.09 Million | ▲ +153.3% |
| 1999 | 0.25x | $302.70 Million | $76.40 Million | — |