UGP (Ultrapar Participacoes) Minority Interest: $389.99 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

UGP Ultrapar Participacoes SA UGP
75 GF Score
Price $5.94
GF Value $4.63
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ultrapar Participacoes Minority Interest?

Ultrapar Participacoes UGP -1.00% 75 Minority Interest is $389.99 Mil as of Mar. 2026. GuruFocus rates UGP with a GF Score™ of 75/100 and a GF Value™ of $4.63 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

Ultrapar Participacoes's minority interest for the quarter that ended in Mar. 2026 was $389.99 Mil.

Ultrapar Participacoes Minority Interest Historical Data

* Premium members only.

The historical data trend for Ultrapar Participacoes's Minority Interest can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ultrapar Participacoes Minority Interest Chart

Ultrapar Participacoes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Minority Interest
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.15 88.88 106.81 108.95 378.38

Ultrapar Participacoes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Minority Interest Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 120.68 418.71 424.92 378.38 389.99
UGP
75GF Score
Ultrapar Participacoes SA UGP
Minority Interest is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ultrapar Participacoes Minority Interest Calculation

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

Frequently Asked Questions Learn more about Minority Interest →
What does a Minority Interest of $389.99 Mil mean?
Ultrapar Participacoes (UGP) has a Minority Interest of $389.99 Mil as of Mar. 2026. Minority interest represents the carrying value of equity from non-controlling shareholders and company partners. View historical data on Ultrapar Participacoes.
Is Ultrapar Participacoes' Minority Interest too high?
Ultrapar Participacoes' current Minority Interest is $389.99 Mil. Overall, Ultrapar Participacoes has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ultrapar Participacoes' Minority Interest compare to VLO and MPC?
Ultrapar Participacoes' Minority Interest of $389.99 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Minority Interest for an Oil & Gas company?
A good Minority Interest depends on the Oil & Gas industry context. However, Minority Interest should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Minority Interest mean?
A high Minority Interest can signal that a stock is expensive relative to its fundamentals. Minority interest represents the carrying value of equity from non-controlling shareholders and company partners. View historical data on Ultrapar Participacoes. Ultrapar Participacoes's current Minority Interest is $389.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultrapar Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Ultrapar Participacoes (UGP) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.63, compared to a current price of $5.94 — trading 28.3% above its estimated fair value. The current Minority Interest is $389.99 Mil. Ultrapar Participacoes' overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Minority Interest calculated?
Minority Interest is calculated from a company's financial statements. For Ultrapar Participacoes (UGP), the current Minority Interest is $389.99 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ultrapar Participacoes (UGP) Overvalued in 2026?

Based on GuruFocus' analysis, Ultrapar Participacoes stock appears to be overvalued. The current stock price of $5.94 is trading 28.3% above its estimated GF Value™ of $4.63. GuruFocus considers Ultrapar Participacoes to be Modestly Overvalued.

Key valuation signals for UGP:

  • Minority Interest: $389.99 Mil
  • GF Value™: $4.63 vs. price of $5.94 (28.3% above fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the UGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ultrapar Participacoes Business Description

Industry EnergyOil & Gas
Address Brigadeiro Luis Antonio Avenue, 1343, 9th Floor, Sao Paulo, SP, BRA, 01317-910
Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, and industrial activities, through the subscription or acquisition of shares of other companies. The company's business segments include: i) Ultragaz distributes LPG in the segments: bulk, comprising condominiums, trade, services, industries, and agribusiness; and bottled, mainly comprising residential consumers. ii) Ipiranga, the majority revenue generating segment, engages in the distribution and sale of oil-related products to service stations that operate under the Ipiranga brand throughout Brazil. iii) Ultracargo operates in specialized liquid bulk storage solutions in the main logistics centers. iv) Hidrovias: operates in logistics solutions and waterway and multimodal infrastructure.
75GF Score

Get the complete analysis for UGP

Minority Interest is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.94
Price
$4.63
GF Value