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). Check tangible net worth ratio of Ultrapar Participacoes SA ADR to evaluate the tangible quality of the company's equity base.
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. For the full cash flow conversion analysis, see cash efficiency ratio of Ultrapar Participacoes SA ADR.
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. See Ultrapar Participacoes SA ADR (UGP) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |