Ultrapar Participações S.A (UGPA3) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.029x

Based on the latest financial reports, Ultrapar Participações S.A (UGPA3) has a cash flow conversion efficiency ratio of 0.029x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (R$545.79 Million ≈ $107.09 Million USD) by net assets (R$18.51 Billion ≈ $3.63 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is Ultrapar Participações S.A's balance sheet to measure how much of total assets are equity-financed.

Ultrapar Participações S.A - Cash Flow Conversion Efficiency Trend (1999–2025)

This chart illustrates how Ultrapar Participações S.A's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check UGPA3 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.

Ultrapar Participações S.A Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Ultrapar Participações S.A ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Lamb Weston Holdings Inc NYSE:LW	0.302x
Shanghai Commercial & Savings Bank Ltd TW:5876	0.092x
Synovus Financial Corp NYSE:SNV	0.035x
SODEXO S.A. ADR/ 1/5 EO 4 F:SJ70	N/A
Nedbank Group Ltd JSE:NED	0.100x
NOV Inc. NYSE:NOV	-0.004x
Beijer Ref AB (publ) ST:BEIJ-B	0.028x
Guolian Securities Co Ltd SHG:601456	0.093x

Annual Cash Flow Conversion Efficiency for Ultrapar Participações S.A (1999–2025)

The table below shows the annual cash flow conversion efficiency of Ultrapar Participações S.A from 1999 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of Ultrapar Participações S.A.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	R$17.73 Billion ≈ $3.48 Billion	R$3.55 Billion ≈ $697.21 Million	0.200x	-15.11%
2024-12-31	R$15.82 Billion ≈ $3.10 Billion	R$3.74 Billion ≈ $732.99 Million	0.236x	-13.97%
2023-12-31	R$14.03 Billion ≈ $2.75 Billion	R$3.85 Billion ≈ $755.40 Million	0.274x	+66.65%
2022-12-31	R$12.17 Billion ≈ $2.39 Billion	R$2.00 Billion ≈ $393.36 Million	0.165x	-33.34%
2021-12-31	R$10.47 Billion ≈ $2.05 Billion	R$2.59 Billion ≈ $507.41 Million	0.247x	-21.99%
2020-12-31	R$9.91 Billion ≈ $1.94 Billion	R$3.14 Billion ≈ $615.76 Million	0.317x	+6.48%
2019-12-31	R$9.84 Billion ≈ $1.93 Billion	R$2.92 Billion ≈ $573.91 Million	0.297x	+0.88%
2018-12-31	R$9.80 Billion ≈ $1.92 Billion	R$2.89 Billion ≈ $566.87 Million	0.295x	+25.72%
2017-12-31	R$9.72 Billion ≈ $1.91 Billion	R$2.28 Billion ≈ $447.26 Million	0.234x	-20.16%
2016-12-31	R$8.56 Billion ≈ $1.68 Billion	R$2.51 Billion ≈ $493.23 Million	0.294x	-26.85%
2015-12-31	R$7.97 Billion ≈ $1.56 Billion	R$3.20 Billion ≈ $628.23 Million	0.402x	+17.04%
2014-12-31	R$7.73 Billion ≈ $1.52 Billion	R$2.65 Billion ≈ $520.11 Million	0.343x	+5.91%
2013-12-31	R$6.55 Billion ≈ $1.28 Billion	R$2.12 Billion ≈ $416.12 Million	0.324x	-20.46%
2012-12-31	R$6.02 Billion ≈ $1.18 Billion	R$2.45 Billion ≈ $480.71 Million	0.407x	+32.81%
2011-12-31	R$5.58 Billion ≈ $1.09 Billion	R$1.71 Billion ≈ $335.56 Million	0.307x	+5.22%
2010-12-31	R$5.18 Billion ≈ $1.02 Billion	R$1.51 Billion ≈ $295.94 Million	0.291x	-13.90%
2009-12-31	R$8.49 Billion ≈ $1.67 Billion	R$2.87 Billion ≈ $563.56 Million	0.338x	+324.86%
2008-12-31	R$4.69 Billion ≈ $919.93 Million	R$373.50 Million ≈ $73.29 Million	0.080x	-21.12%
2007-12-31	R$4.64 Billion ≈ $909.53 Million	R$468.16 Million ≈ $91.86 Million	0.101x	-48.32%
2006-12-31	R$1.96 Billion ≈ $384.95 Million	R$383.37 Million ≈ $75.22 Million	0.195x	-13.27%
2005-12-31	R$1.82 Billion ≈ $356.84 Million	R$409.74 Million ≈ $80.40 Million	0.225x	-31.99%
2004-12-31	R$1.63 Billion ≈ $319.66 Million	R$539.74 Million ≈ $105.91 Million	0.331x	+47.77%
2003-12-31	R$1.38 Billion ≈ $271.43 Million	R$310.14 Million ≈ $60.86 Million	0.224x	-41.55%
2002-12-31	R$1.22 Billion ≈ $239.80 Million	R$468.80 Million ≈ $91.99 Million	0.384x	+40.04%
2001-12-31	R$1.24 Billion ≈ $242.88 Million	R$339.06 Million ≈ $66.53 Million	0.274x	+78.72%
2000-12-31	R$1.55 Billion ≈ $304.55 Million	R$237.89 Million ≈ $46.68 Million	0.153x	-23.90%
1999-12-31	R$1.50 Billion ≈ $294.90 Million	R$302.70 Million ≈ $59.40 Million	0.201x	--

About Ultrapar Participações S.A

SA:UGPA3 Brazil Oil & Gas Refining & Marketing

Market Cap

$6.93 Billion

R$35.32 Billion BRL

Market Cap Rank

#2865 Global

#35 in Brazil

Share Price

R$33.05

Change (1 day)

+0.39%

52-Week Range

R$16.33 - R$33.39

All Time High

R$34.41