Ultrapar Participações S.A (UGPA3) — Tangible Net Worth Ratio
Ultrapar Participações S.A (UGPA3) has a Tangible Net Worth Ratio of 88.9% as of March 2026. This metric is calculated by deducting intangible assets (R$2.05 Billion) from net assets (R$18.51 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See what is Ultrapar Participações S.A's book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ultrapar Participações S.A Tangible Net Worth Ratio (1999–2025)
This chart shows how Ultrapar Participações S.A's Tangible Net Worth Ratio has changed across 27 annual periods from 1999 to 2025. As of March 2026, the ratio stands at 88.9%, reflecting net assets of R$18.51 Billion with intangible assets of R$2.05 Billion BRL. Also explore UGPA3 net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Ultrapar Participações S.A (1999–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Ultrapar Participações S.A from 1999 to 2025, covering 27 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Ultrapar Participações S.A (UGPA3) total market value.
| Year | Tangible NW Ratio | Net Assets (BRL) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 89.8% | R$17.73 Billion | R$1.81 Billion | R$50.29 Billion | ▼ -4.4 pp |
| 2024 | 94.1% | R$15.82 Billion | R$925.97 Million | R$40.23 Billion | ▲ +5.6 pp |
| 2023 | 88.5% | R$14.03 Billion | R$1.61 Billion | R$38.25 Billion | ▼ -3.3 pp |
| 2022 | 91.8% | R$12.17 Billion | R$1.00 Billion | R$36.44 Billion | ▼ -2.0 pp |
| 2021 | 93.8% | R$10.47 Billion | R$653.16 Million | R$39.01 Billion | ▲ +2.3 pp |
| 2020 | 91.4% | R$9.91 Billion | R$850.85 Million | R$36.25 Billion | ▼ -0.1 pp |
| 2019 | 91.6% | R$9.84 Billion | R$830.78 Million | R$31.20 Billion | ▲ +0.2 pp |
| 2018 | 91.4% | R$9.80 Billion | R$844.27 Million | R$30.50 Billion | ▲ +13.5 pp |
| 2017 | 77.9% | R$9.72 Billion | R$2.15 Billion | R$28.34 Billion | ▲ +0.3 pp |
| 2016 | 77.6% | R$8.56 Billion | R$1.92 Billion | R$24.16 Billion | ▲ +0.6 pp |
| 2015 | 77.0% | R$7.97 Billion | R$1.84 Billion | R$20.97 Billion | ▼ -1.0 pp |
| 2014 | 78.0% | R$7.73 Billion | R$1.70 Billion | R$19.48 Billion | ▼ -1.0 pp |
| 2013 | 79.0% | R$6.55 Billion | R$1.37 Billion | R$16.38 Billion | ▼ -1.6 pp |
| 2012 | 80.7% | R$6.02 Billion | R$1.16 Billion | R$15.30 Billion | ▼ -4.4 pp |
| 2011 | 85.1% | R$5.58 Billion | R$833.14 Million | R$13.74 Billion | ▼ -2.7 pp |
| 2010 | 87.8% | R$5.18 Billion | R$631.22 Million | R$12.99 Billion | ▼ -10.1 pp |
| 2009 | 97.9% | R$8.49 Billion | R$180.52 Million | R$19.35 Billion | ▼ 0.0 pp |
| 2008 | 97.9% | R$4.69 Billion | R$97.90 Million | R$9.67 Billion | ▼ -0.6 pp |
| 2007 | 98.6% | R$4.64 Billion | R$66.89 Million | R$9.31 Billion | ▲ +1.3 pp |
| 2006 | 97.2% | R$1.96 Billion | R$54.77 Million | R$3.89 Billion | ▼ -2.8 pp |
| 2005 | 100.0% | R$1.82 Billion | R$0.00 | R$3.68 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | R$1.63 Billion | R$0.00 | R$2.67 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | R$1.38 Billion | R$0.00 | R$2.40 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | R$1.22 Billion | R$0.00 | R$2.13 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | R$1.24 Billion | R$0.00 | R$1.95 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | R$1.55 Billion | R$0.00 | R$2.27 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | R$1.50 Billion | R$0.00 | R$2.22 Billion | — |