Ultrapar Participacoes SA ADR (UGP) — Free Cash Flow Generation Index

Latest as of March 2026: 0.33x

Ultrapar Participacoes SA ADR (UGP) has a Free Cash Flow Generation Index of 0.33x as of March 2026. Free cash flow of $170.90 Million represents 0% of operating cash flow ($525.50 Million). Read UGP liabilities breakdown for a breakdown of total debt and financial obligations.

FCF Generation Index

0.33x
Free Cash Flow / Operating CF

Free Cash Flow

$170.90 Million
USD

Operating Cash Flow

$525.50 Million
USD

Capital Expenditures

$354.60 Million
USD

Ultrapar Participacoes SA ADR Free Cash Flow Generation Index (1999–2025)

Historical FCF Generation Index trend for Ultrapar Participacoes SA ADR across 27 annual periods. Explore reinvestment intensity of Ultrapar Participacoes SA ADR to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Ultrapar Participacoes SA ADR (1999–2025)

Year-by-year Free Cash Flow Generation Index for Ultrapar Participacoes SA ADR. For the full company profile including market capitalisation, see Ultrapar Participacoes SA ADR market cap and net worth.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.44x $1.52 Billion $3.48 Billion $1.97 Billion ▼ -16.5%
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 $1.22 Billion ▼ -22.3%
2021 0.50x $1.31 Billion $2.59 Billion $1.28 Billion ▼ -20.3%
2020 0.63x $1.99 Billion $3.14 Billion $1.15 Billion ▲ +9.9%
2019 0.58x $1.68 Billion $2.92 Billion $1.24 Billion ▲ +13.0%
2018 0.51x $1.47 Billion $2.89 Billion $1.42 Billion ▲ +440.9%
2017 0.09x $214.89 Million $2.28 Billion $2.06 Billion ▼ -72.0%
2016 0.34x $847.30 Million $2.51 Billion $1.67 Billion ▼ -39.7%
2015 0.56x $1.79 Billion $3.20 Billion $1.41 Billion ▲ +10.8%
2014 0.50x $1.34 Billion $2.65 Billion $1.31 Billion ▲ +16.6%
2013 0.43x $916.53 Million $2.12 Billion $1.20 Billion ▼ -2.7%
2012 0.44x $1.09 Billion $2.45 Billion $1.36 Billion ▲ +19.0%
2011 0.37x $638.76 Million $1.71 Billion $1.07 Billion ▼ -6.1%
2010 0.40x $599.75 Million $1.51 Billion $908.45 Million ▼ -41.7%
2009 0.68x $1.96 Billion $2.87 Billion $912.86 Million ▲ +145.8%
2008 -1.49x $-556.10 Million $373.50 Million $929.60 Million ▼ -254.2%
2007 -0.42x $-196.78 Million $468.16 Million $664.95 Million ▼ -235.1%
2006 0.31x $119.31 Million $383.37 Million $264.06 Million ▼ -44.7%
2005 0.56x $230.46 Million $409.74 Million $179.29 Million ▼ -2.9%
2004 0.58x $312.48 Million $539.74 Million $227.26 Million ▲ +28.6%
2003 0.45x $139.63 Million $310.14 Million $170.51 Million ▼ -29.6%
2002 0.64x $300.00 Million $468.80 Million $168.80 Million ▲ +12.6%
2001 0.57x $192.75 Million $339.06 Million $146.30 Million ▲ +57.6%
2000 0.36x $85.80 Million $237.89 Million $152.09 Million ▼ -51.8%
1999 0.75x $226.30 Million $302.70 Million $76.40 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).