Ultrapar Participacoes SA ADR (UGP) — Cash Flow Reinvestment Rate

Latest as of March 2026: 2.75x

Ultrapar Participacoes SA ADR (UGP) has a Cash Flow Reinvestment Rate of 2.75x as of March 2026, reinvesting $1.45 Billion (capex $354.60 Million plus investments $1.09 Billion) from operating cash flow of $525.50 Million. See Ultrapar Participacoes SA ADR free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

2.75x
(Capex + Investments) / Operating CF

Total Reinvested

$1.45 Billion
Capex + Investments

Operating Cash Flow

$525.50 Million
USD

Capital Expenditures

$354.60 Million
USD

Ultrapar Participacoes SA ADR Cash Flow Reinvestment Rate (1999–2025)

Historical reinvestment intensity for Ultrapar Participacoes SA ADR across 27 annual periods. For the full cash flow conversion analysis, see UGP operating cash flow.

Annual Cash Flow Reinvestment Rate for Ultrapar Participacoes SA ADR (1999–2025)

Year-by-year capital reinvestment analysis for Ultrapar Participacoes SA ADR. See Ultrapar Participacoes SA ADR free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 1.14x $3.98 Billion $3.48 Billion $1.97 Billion ▼ -47.7%
2024 2.19x $8.18 Billion $3.74 Billion $1.79 Billion ▲ +526.1%
2023 0.35x $1.35 Billion $3.85 Billion $1.29 Billion ▼ -92.3%
2022 4.55x $9.12 Billion $2.00 Billion $1.22 Billion ▲ +277.2%
2021 1.21x $3.12 Billion $2.59 Billion $1.28 Billion ▲ +15.2%
2020 1.05x $3.29 Billion $3.14 Billion $1.15 Billion ▼ -0.4%
2019 1.05x $3.08 Billion $2.92 Billion $1.24 Billion ▼ -33.9%
2018 1.59x $4.59 Billion $2.89 Billion $1.42 Billion ▼ -8.9%
2017 1.74x $3.98 Billion $2.28 Billion $2.06 Billion ▲ +24.8%
2016 1.40x $3.52 Billion $2.51 Billion $1.67 Billion ▲ +216.7%
2015 0.44x $1.41 Billion $3.20 Billion $1.41 Billion ▼ -29.0%
2014 0.62x $1.65 Billion $2.65 Billion $1.31 Billion ▲ +9.5%
2013 0.57x $1.20 Billion $2.12 Billion $1.20 Billion ▲ +2.2%
2012 0.56x $1.36 Billion $2.45 Billion $1.36 Billion ▼ -11.3%
2011 0.63x $1.07 Billion $1.71 Billion $1.07 Billion ▲ +4.0%
2010 0.60x $908.45 Million $1.51 Billion $908.45 Million ▲ +89.5%
2009 0.32x $912.86 Million $2.87 Billion $912.86 Million ▼ -87.2%
2008 2.49x $929.60 Million $373.50 Million $929.60 Million ▲ +75.2%
2007 1.42x $664.95 Million $468.16 Million $664.95 Million ▲ +106.2%
2006 0.69x $264.06 Million $383.37 Million $264.06 Million ▲ +57.4%
2005 0.44x $179.29 Million $409.74 Million $179.29 Million ▲ +3.9%
2004 0.42x $227.26 Million $539.74 Million $227.26 Million ▼ -23.4%
2003 0.55x $170.51 Million $310.14 Million $170.51 Million ▲ +52.7%
2002 0.36x $168.80 Million $468.80 Million $168.80 Million ▼ -16.6%
2001 0.43x $146.30 Million $339.06 Million $146.30 Million ▼ -32.5%
2000 0.64x $152.09 Million $237.89 Million $152.09 Million ▲ +153.3%
1999 0.25x $76.40 Million $302.70 Million $76.40 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow