The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Ultrapar Participacoes's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Ultrapar Participacoes's Dividend Payout Ratio or its related term are showing as below:
UGP'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.3 Max: 0.76
Current: 0.47
During the past 13 years, the highest Dividend Payout Ratio of Ultrapar Participacoes was 0.76. The lowest was 0.16. And the median was 0.30.
UGP's Dividend Payout Ratio is ranked better than 54.04% of 433
companies
in the Oil & Gas industry
Industry Median: 0.5
vs UGP: 0.47
During the past 13 years, the highest Trailing Annual Dividend Yield of Ultrapar Participacoes was 8.35%. The lowest was 0.51%. And the median was 2.77%.
During the past 12 months, Ultrapar Participacoes's average Dividends Per Share Growth Rate was 85.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 44.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 52.30% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 11.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ultrapar Participacoes was 46.60% per year. The lowest was -34.60% per year. And the median was 14.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Ultrapar Participacoes (NYSE:UGP) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Ultrapar Participacoes Dividend Payout Ratio Related Terms
Ultrapar Participacoes Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Ultrapar Participacoes's Dividend Payout Ratio 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 Dividend Payout Ratio Chart
UGP vs VLO, MPC, PSX: Dividend Payout Ratio Comparison
For the Oil & Gas Refining & Marketing subindustry, Ultrapar Participacoes's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ultrapar Participacoes Dividend Payout Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ultrapar Participacoes's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Ultrapar Participacoes's Dividend Payout Ratio falls into.
Ultrapar Participacoes Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Ultrapar Participacoes's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (UGP) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Ultrapar Participacoes and its competitors. Over the past decade, Ultrapar Participacoes' Dividend Payout Ratio has ranged from 0.16 to 0.76. According to the industry distribution chart, Ultrapar Participacoes ranks #199 out of 433 companies in the Oil & Gas industry, placing it in the top 46%.
Is Ultrapar Participacoes' Dividend Payout Ratio too high?
Ultrapar Participacoes' current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.76. Based on the distribution chart, Ultrapar Participacoes ranks #199 out of 433 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ultrapar Participacoes has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ultrapar Participacoes' Dividend Payout Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Ultrapar Participacoes ranks #199 out of 433 companies for Dividend Payout Ratio. This puts Ultrapar Participacoes in the upper half of its industry. The industry median Dividend Payout Ratio is 0.50. Historically, Ultrapar Participacoes' own Dividend Payout Ratio has ranged from 0.16 to 0.76 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Oil & Gas company?
The median Dividend Payout Ratio among Oil & Gas companies is 0.50, based on 433 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Ultrapar Participacoes and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultrapar Participacoes's current Dividend Payout Ratio is 0.00. 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 Fairly Valued. The stock's GF Value™ is $4.56, compared to a current price of $4.90 — trading 7.3% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Ultrapar Participacoes' overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Ultrapar Participacoes (UGP), the current Dividend Payout Ratio is 0.00 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 $4.90 is trading 7.3% above its estimated GF Value™ of $4.56.
GuruFocus considers Ultrapar Participacoes to be Fairly Valued.
Key valuation signals for UGP:
Dividend Payout Ratio: 0.00
GF Value™: $4.56 vs. price of $4.90 (7.3% above fair value)
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 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.
77GF Score
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