Ultrapar Participações S.A (UGR) — Free Cash Flow Generation Index

Latest as of December 2025: 0.72x

Ultrapar Participações S.A (UGR) has a Free Cash Flow Generation Index of 0.72x as of December 2025. Free cash flow of €1.71 Billion represents 1% of operating cash flow (€2.38 Billion). Explore reinvestment intensity of Ultrapar Participações S.A to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.72x
Free Cash Flow / Operating CF

Free Cash Flow

€1.71 Billion
EUR

Operating Cash Flow

€2.38 Billion
EUR

Capital Expenditures

€670.23 Million
EUR

Ultrapar Participações S.A Free Cash Flow Generation Index (2016–2025)

Historical FCF Generation Index trend for Ultrapar Participações S.A across 10 annual periods. For the full cash flow conversion analysis, see Ultrapar Participações S.A operating cash flow efficiency.

Annual Free Cash Flow Generation for Ultrapar Participações S.A (2016–2025)

Year-by-year Free Cash Flow Generation Index for Ultrapar Participações S.A. Check UGR cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (EUR) Operating CF Capital Expenditures YoY Change
2025 0.63x €3.45 Billion €5.45 Billion €2.01 Billion ▲ +21.2%
2024 0.52x €1.95 Billion €3.74 Billion €1.79 Billion ▼ -21.6%
2023 0.67x €2.56 Billion €3.85 Billion €1.29 Billion ▲ +69.8%
2022 0.39x €785.74 Million €2.00 Billion €929.24 Million ▼ -22.3%
2021 0.50x €1.31 Billion €2.59 Billion €1.03 Billion ▼ -20.3%
2020 0.63x €1.99 Billion €3.14 Billion €750.62 Million ▲ +9.9%
2019 0.58x €1.68 Billion €2.92 Billion €1.02 Billion ▲ +13.0%
2018 0.51x €1.47 Billion €2.89 Billion €1.18 Billion ▲ +312.6%
2017 0.12x €214.89 Million €1.74 Billion €1.30 Billion ▼ -92.6%
2016 1.66x €4.18 Billion €2.51 Billion €1.67 Billion
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).