Ultrapar Participações S.A (UGPA3) — Cash Flow Reinvestment Rate
Ultrapar Participações S.A (UGPA3) has a Cash Flow Reinvestment Rate of 2.68x as of March 2026, reinvesting R$1.46 Billion (capex R$368.29 Million plus investments R$1.09 Billion) from operating cash flow of R$545.79 Million. See Ultrapar Participações S.A (UGPA3) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Ultrapar Participações S.A Cash Flow Reinvestment Rate (1999–2025)
Historical reinvestment intensity for Ultrapar Participações S.A across 27 annual periods. For the full cash flow conversion analysis, see Ultrapar Participações S.A cash flow conversion.
Annual Cash Flow Reinvestment Rate for Ultrapar Participações S.A (1999–2025)
Year-by-year capital reinvestment analysis for Ultrapar Participações S.A. See UGPA3 free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (BRL) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.13x | R$4.02 Billion | R$3.55 Billion | R$2.01 Billion | ▼ -48.2% |
| 2024 | 2.19x | R$8.18 Billion | R$3.74 Billion | R$1.79 Billion | ▲ +516.7% |
| 2023 | 0.35x | R$1.37 Billion | R$3.85 Billion | R$1.31 Billion | ▼ -92.2% |
| 2022 | 4.55x | R$9.12 Billion | R$2.00 Billion | R$1.22 Billion | ▲ +277.2% |
| 2021 | 1.21x | R$3.12 Billion | R$2.59 Billion | R$1.28 Billion | ▲ +64.9% |
| 2020 | 0.73x | R$2.30 Billion | R$3.14 Billion | R$1.15 Billion | ▲ +14.2% |
| 2019 | 0.64x | R$1.87 Billion | R$2.92 Billion | R$1.24 Billion | ▼ -40.6% |
| 2018 | 1.08x | R$3.12 Billion | R$2.89 Billion | R$1.42 Billion | ▲ +16.6% |
| 2017 | 0.93x | R$2.11 Billion | R$2.28 Billion | R$2.06 Billion | ▼ -33.8% |
| 2016 | 1.40x | R$3.52 Billion | R$2.51 Billion | R$1.67 Billion | ▲ +130.1% |
| 2015 | 0.61x | R$1.95 Billion | R$3.20 Billion | R$1.41 Billion | ▼ -2.3% |
| 2014 | 0.62x | R$1.65 Billion | R$2.65 Billion | R$1.31 Billion | ▼ -4.7% |
| 2013 | 0.65x | R$1.38 Billion | R$2.12 Billion | R$1.20 Billion | ▲ +17.5% |
| 2012 | 0.56x | R$1.36 Billion | R$2.45 Billion | R$1.36 Billion | ▼ -11.3% |
| 2011 | 0.63x | R$1.07 Billion | R$1.71 Billion | R$1.07 Billion | ▲ +4.0% |
| 2010 | 0.60x | R$908.45 Million | R$1.51 Billion | R$908.45 Million | ▲ +89.5% |
| 2009 | 0.32x | R$912.86 Million | R$2.87 Billion | R$912.86 Million | ▼ -87.2% |
| 2008 | 2.49x | R$929.60 Million | R$373.50 Million | R$929.60 Million | ▲ +75.2% |
| 2007 | 1.42x | R$664.95 Million | R$468.16 Million | R$664.95 Million | ▲ +106.2% |
| 2006 | 0.69x | R$264.06 Million | R$383.37 Million | R$264.06 Million | ▲ +57.4% |
| 2005 | 0.44x | R$179.29 Million | R$409.74 Million | R$179.29 Million | ▲ +3.9% |
| 2004 | 0.42x | R$227.26 Million | R$539.74 Million | R$227.26 Million | ▼ -23.4% |
| 2003 | 0.55x | R$170.51 Million | R$310.14 Million | R$170.51 Million | ▲ +52.7% |
| 2002 | 0.36x | R$168.80 Million | R$468.80 Million | R$168.80 Million | ▼ -16.6% |
| 2001 | 0.43x | R$146.30 Million | R$339.06 Million | R$146.30 Million | ▼ -32.5% |
| 2000 | 0.64x | R$152.09 Million | R$237.89 Million | R$152.09 Million | ▲ +153.3% |
| 1999 | 0.25x | R$76.40 Million | R$302.70 Million | R$76.40 Million | — |