OakChart

Ultrapar Participacoes SA ADR

UGPEnergy·Oil & Gas Refining & Marketing·Brazil·Mid·NYSE·Nov 11 • 9:14 AM ET

5.47+0.08 (1.48%)
2026-11-11 15:18 CET
Market cap
5,769.56 USD m
Revenue, TTM
29,040.02 USD m
Net income, TTM
663.19 USD m
Free cash flow, TTM
1,116.07 USD m
EPS diluted, TTM
0.61
P/E
9.04
Compare

Price

UGP against its 20, 50 and 200-day averages
2050200beat
5.006.007.008.009.2M18.3MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26UGPclose 5.4720-day 6.4950-day 7.11200-day 5.975.47

33.9% under 8.28 on 5 Oct 2026. Last 15 sessions, 49.5% high to low

Profile

UGP
52-week range, 40% of the way up
3.608.28

Ultrapar Participacoes SA engages in the distribution and retail services including, fuel, liquefied petroleum gas (LPG), retail pharmacy, specialty chemicals and liquid bulk storage businesses. It operates through the following segments: Ipiranga, Ultragaz, Ultracargo, and Hidrovias. The Ipiranga segment provides fuel distributors in Brazil, with a strong presence in the daily lives of millions of consumers and offers a comprehensive mobility value proposition that combines the sale of high-quality fuels. The Ultragaz segment is an LPG distributor in Brazil. Its portfolio includes the commercialization of liquefied petroleum gas (LPG), electricity from renewable sources, compressed natural gas (CNG), biomethane and bioLPG (produced from vegetable oils). The Ultracargo segment offers liquid bulk storage, which provides integrated logistics solutions that efficiently connect the country's main logistics corridors. The Hidrovias segment is a logistics solutions company, which focuses on waterway transportation and port operations. Hidrovias stands out for offering competitive, lower-carbon logistics solutions, primarily aimed at the transportation of grains, minerals and fertilizers. The company was founded in 1937 and is headquartered in Sao Paulo, Brazil.

IPOOct 07, 1999
Beta0.89
ATR, 14d0.25
Rel volume0.02
Short float0.67%
Insider own0.00%
Inst own5.72%

Snapshot

6 groups

Valuation

Index-
Market Cap5.86B
Enterprise Value8.25B
Income663.19M
Sales29.04B
Book/sh3.24
Cash/sh1.67
Dividend Est.0.39 (7.11%)
Dividend TTM0.38 (6.91%)
Dividend Ex-DateAug 26, 2026
Dividend Gr. 3/5Y37.95% 24.57%
Payout51.04%
Employees-
IPOOct 07, 1999

Ratios

P/E9.04
Forward P/E8.66
PEG0.55
P/S0.20
P/B1.69
P/C3.28
P/FCF5.25
EV/EBITDA4.59
EV/Sales0.28
Quick Ratio1.26
Current Ratio1.64
Debt/Eq1.09
LT Debt/Eq0.82
Option/ShortYes / Yes

Earnings

EPS (ttm)0.61
EPS next Y0.63
EPS next Q0.27
EPS this Y94.31%
EPS next Y-27.33%
EPS next 5Y15.81%
EPS past 3/5Y8.67% 20.85%
Sales past 3/5Y-2.87% 12.16%
EPS Y/Y TTM31.82%
Sales Y/Y TTM20.26%
EPS Q/Q138.38%
Sales Q/Q20.89%
EarningsAug 12 AMC
EPS/Sales Surpr.9.88% -1.27%

Ownership

Insider Own0.00%
Insider Trans-
Inst Own5.72%
Inst Trans-0.46%
ROA7.46%
ROE21.75%
ROIC10.48%
Gross Margin8.45%
Oper. Margin5.04%
Profit Margin2.28%
SMA20-15.71%
SMA50-23.05%
SMA200-8.40%
Trades-

Technical

Shs Outstand1.07B
Shs Float1.07B
Short Float0.67%
Short Ratio1.76
Short Interest7.22M
52W High8.28 -33.94%
52W Low3.60 51.94%
Volatility2.90% 3.33%
ATR (14)0.25
RSI (14)22.83
Beta0.89
Rel Volume0.02
Avg Volume4.10M
Volume4,026

Performance

Perf Week-2.32%
Perf Month-29.78%
Perf Quarter-11.20%
Perf Half Y-6.01%
Perf YTD45.09%
Perf Year25.46%
Perf 3Y16.63%
Perf 5Y126.02%
Perf 10Y-41.66%
Recom2.29
Target Price7.41
Prev Close5.39
Price5.47
Change %1.48%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 22, 2026DowngradeJJP MorganOverweight → Neutral
Jul 08, 2026UpgradeBBofA SecuritiesNeutral → Buy$7.40+35.3%
Apr 28, 2026InitiatedUUBSBuy$7+28.0%
Apr 08, 2026DowngradeHHSBC SecuritiesBuy → Hold$6+9.7%
Mar 13, 2026UpgradeJJefferiesUnderperform → Hold$5.60+2.4%
Feb 05, 2026DowngradeGGoldmanBuy → Neutral$5.40-1.3%
Jan 31, 2025UpgradeGGoldmanNeutral → Buy$4.10 → $3.20-41.5%
Jan 17, 2025UpgradeHHSBC SecuritiesHold → Buy
Jan 07, 2025UpgradeJJP MorganNeutral → Overweight
Jul 19, 2024UpgradeHHSBC SecuritiesReduce → Hold

Peers

Mkt cap
TickerCompanyMkt cap
SUNSunoco LP12.95B
WKCWorld Kinect Corp1.81B
GLPGlobal Partners LP1.48B
CAPLCrossAmerica Partners LP759.27M
PBRPetroleo Brasileiro SA Petrobras ADR65.71B
YPFYPF ADR14.82B
PSXPhillips 66100.41B
UGIUGI Corp8.08B
MUSAMurphy USA Inc9.42B
SPHSuburban Propane Partners LP1.18B

Insider trading

6 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Francisco De Sa NetoDirectorOct 14 '26Proposed Sale7.79130,0001,012,700Oct 14 07:07 PM
Hachem Andre SalemeCFO and IRO HidroviasSep 22 '26Sale7.6739,200300,66425,675Sep 23 12:36 PM
Rabelo Pedro GuedesFinancial Officer IpirangaSep 10 '26Sale7.5830,000227,40057,898Sep 14 02:31 PM
Linden Leonardo RemiaoCEO IpirangaSep 10 '26Sale7.5760,000454,200257,135Sep 14 02:29 PM
Amaral Decio de SampaioCEO HidroviasSep 01 '26Sale6.938,00055,440151,432Sep 03 09:53 AM
Hachem Andre SalemeCFO and IRO HidroviasAug 18 '26Sale6.515853,80864,875Aug 28 03:13 PM

Held by

AUM
TickerCompanyAUM
AVEMAvantis Emerging Markets Equity ETFAUM: 26.77B
AVESAvantis Emerging Markets Value ETFAUM: 1.47B
APIEActivePassive International Equity ETFAUM: 1.13B
DFAXDimensional World ex U.S. Core Equity 2 ETF-
CVYInvesco Zacks Multi-Asset Income ETFAUM: 119.10M
AADRAdvisorShares Dorsey Wright ADR ETFAUM: 33.73M
DFAEDimensional Emerging Core Equity Market ETF-
AVXCAvantis Emerging Markets ex-China Equity ETFAUM: 426.31M
AFEMFirst Trust Active Factor Emerging Markets ETFAUM: 76.07M
DFEMDimensional Emerging Markets Core Equity 2 ETF-

News

latest 14 of 206
  • Ultrapar Participacoes SA (UGP) (Q2 2026) Earnings Call Highlights: Record Net Income and Cash ... (GuruFocus.com) +5.19%
  • Brazil extends fuel price relief measures through July (Investing.com)
  • Ultrapar Participacoes (UGP) is an Incredible Growth Stock: 3 Reasons Why (Quartz)
  • Ultrapar Participacoes SA (UGP) Q1 2026 Earnings Call Highlights: Strong Net Income Growth Amid ... (GuruFocus.com)
  • Ultrapar Participacoes SA (UGP) Q4 2025 Earnings Call Highlights: Record Operational Cash Flow ... (GuruFocus.com)
  • Loading…
  • 3 Reasons Why Ultrapar Participacoes (UGP) Is a Great Growth Stock (Zacks)
  • UGP or MPLX: Which Is the Better Value Stock Right Now? (Zacks)
  • Are Investors Undervaluing Ultrapar Participacoes (UGP) Right Now? (Zacks)
  • Ultrapar Participacoes (UGP) Reports Q4 2025 Earnings, Here's What You Need to Know (Insider Monkey)
  • Is Tidewater (TDW) Outperforming Other Oils-Energy Stocks This Year? (Zacks)
  • Ultrapar Participacoes Q4 Earnings Call Highlights (MarketBeat)
  • Ultrapar Participacoes S.A. (UGP): A Bull Case Theory (Insider Monkey)
  • South Bow Corporation (SOBO) Hits Fresh High: Is There Still Room to Run? (Zacks)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q22026-08-120.2700.2460.2788,0768,1804
2026Q12026-05-060.1520.1230.1527,2257,4924
2025Q42026-03-040.0580.0730.0557,5286,7714
2025Q32025-11-120.1190.0970.1187,0456,6314
2025Q22025-08-130.1650.0530.1736,3815,9483
2025Q12025-05-070.0540.0580.0516,0255,8204
2024Q42025-02-260.1330.0620.1296,1805,9416
2024Q32024-11-130.0990.0960.1056,0386,0155
2024Q22024-08-070.0700.0800.0755,6735,8295
2024Q12024-05-080.0720.0880.0785,4986,0425
2023Q42024-02-280.1960.1080.2016,5746,6835
2023Q32023-11-080.1590.0810.1606,5676,5565
2023Q22023-08-090.0390.0440.0395,9276,2155
2023Q12023-05-030.0480.0370.0466,3686,0905
2022Q42023-02-150.0140.0220.1426,8837,3805
2022Q32022-11-090.0150.0110.0137,5226,9435

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY0.0610.2050.08715,90121,251
2020FY0.1500.1480.15815,38715,569
2021FY0.1610.1370.14423,46022,410
2022FY0.2430.1810.31728,79628,302
2023FY0.4230.3260.44224,58826,022
2024FY0.3740.3120.39223,47422,546
2025FY0.4400.4380.45528,58226,533
2026FY-0.869--31,176
2027FY-0.632--30,965
2028FY-0.695--30,965
2029FY-0.818--31,692
2030FY-0.842--33,244

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q3S2026-11-036138,8247,8369,505
2026Q3S2026-10-286228,9478,2629,505
2026Q3S2026-10-235228,9488,2629,505
2026Q3S2026-10-214318,9378,2629,780
2026Q3S2026-10-054318,7817,9519,780
2026Q3S2026-09-164318,3607,9519,129
2026Q3S2026-09-044228,2997,9519,129
2026Q3S2026-09-034228,3087,9519,168
2026Q3S2026-09-024218,6257,95110,434
2026Q3S2026-08-304128,5897,80910,434
2026Q3S2026-08-284228,5897,80910,434
2026Q3S2026-08-244318,7518,01910,434
2026Q3S2026-08-134228,6687,76510,434
2026Q3S2026-07-284228,6687,76510,434

Estimate history

EPS, annual0.4380.2880.0870.1580.1440.3170.4420.3920.4010.6051
Period201720182019202020212022202320242025TTM
EPS, quarterly0.0750.1050.1290.0510.1730.1180.0550.1520.28
PeriodQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Sales, annual24816.80124806.12322637.14114357.44720335.28227811.84625235.5824763.53125483.46729040.02
Period201720182019202020212022202320242025TTM
Sales, quarterly6208.2296375.8266064.1495699.3666008.5046796.7377034.5926991.9488216.744
PeriodQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Shares, annual1086.7271086.031086.031090.2661091.3511089.0141089.5021082.0731087.3081070.423
Period201720182019202020212022202320242025MRQ
Shares, quarterly1090.8181090.8881082.0731075.2661087.6281068.4551087.3081068.7671070.423
PeriodQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue29,040.0225,483.4724,763.5325,235.5827,811.8520,335.2814,357.4522,637.1424,806.12
Cost of Goods Sold Incl. D&A26,587.0723,808.2822,966.6323,370.0226,387.0419,426.3313,581.6721,172.7823,144.23
Gross Profit2,452.951,675.191,796.901,865.561,424.81908.95775.781,464.361,661.89
Selling, General and Administrative Excl. Other989.54853.33810.92855.15711.87629.74505.051,022.201,152.11
Research and Development0.000.000.000.000.000.000.0015.6117.25
Other Operating Expense0.000.000.000.00-34.9130.03-36.74-47.07
Operating Income1,463.40821.86985.981,010.40712.94244.30240.70478.91556.85
Interest Expense552.63458.14254.04325.37308.51153.41148.95254.58267.28
Unusual Expense33.8114.5252.10-7.6488.690.000.00167.9679.62
Net Income Before Taxes1,082.90694.22768.18714.09361.61189.82193.02201.20488.43
Income Taxes336.89190.40275.58212.4166.1334.8559.0495.98174.69
Consolidated Net Income729.27491.92468.54504.07297.84151.70125.44102.15309.69
Net Income From Continuing Operations697.47476.16438.28488.46290.25145.51118.7994.69314.64
Net Income663.19439.23438.28488.46348.69157.60173.2094.69314.64
EPS (Recurring)0.630.410.420.440.370.140.160.190.34
EPS (Basic, Before Extraordinaries)0.620.410.400.450.320.140.160.090.29
EPS (Diluted)0.610.400.390.440.320.140.160.090.29
EBITDA1,795.871,105.781,210.941,239.89910.57413.64490.48769.09779.07
Non-Operating Income (Expense)205.94345.0188.3321.4245.8798.93101.27144.83278.48
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Price To Earnings Ratio8.738.735.6713.8810.1418.3528.6966.8824.02
Price To Sales Ratio0.190.160.120.240.100.140.350.300.30
Gross Margin8.456.577.267.395.124.475.406.476.70
Operating Margin5.043.233.984.002.561.201.682.122.24
Net Margin2.281.721.771.941.250.781.210.421.27
Shares Outstanding1,070.421,087.311,082.071,089.501,089.011,091.351,090.271,086.031,086.03
Market Capitalization5,769.565,769.562,868.945,935.982,646.732,878.584,929.686,798.557,352.42

Income statement, quarterly

Currency USD, millions
Metric2026Q22026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue8,216.747,127.576,991.957,034.596,796.746,008.505,699.376,064.15
Cost of Goods Sold Incl. D&A7,302.776,512.026,388.116,554.166,342.035,629.575,333.145,509.91
Gross Profit913.97615.55603.84480.43454.70378.93366.22554.24
Selling, General and Administrative Excl. Other284.74255.94251.07238.46215.27209.59191.51190.60
Research and Development0.000.000.000.000.000.000.000.00
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income629.23359.61352.77241.97239.43169.34174.71363.64
Interest Expense125.11160.22157.17126.98143.37107.4263.5240.31
Unusual Expense0.080.080.0842.84-9.18-6.10-11.1828.00
Net Income Before Taxes492.67277.86272.58126.72190.94245.92130.05304.48
Income Taxes156.9796.6394.7937.8847.2462.4642.39132.94
Consolidated Net Income331.91177.29173.9281.30142.14206.7762.11150.88
Net Income From Continuing Operations306.51169.81166.5893.84130.54195.8056.92144.19
Net Income306.51169.81166.5859.95130.16192.0356.92144.19
EPS (Recurring)0.280.160.150.080.110.170.040.15
EPS (Basic, Before Extraordinaries)0.290.160.160.060.120.180.050.13
EPS (Diluted)0.280.160.150.060.120.170.050.13
EBITDA714.58444.53436.07322.74322.47238.84226.71416.53
Non-Operating Income (Expense)-11.3878.5577.0554.5785.70177.907.689.15
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Price To Earnings Ratio8.7314.8513.667.838.768.927.805.67
Price To Sales Ratio0.190.220.220.160.180.150.140.12
Gross Margin11.128.648.646.836.696.316.439.14
Operating Margin7.665.055.053.443.522.823.076.00
Net Margin3.732.382.380.851.913.201.002.38
Shares Outstanding1,070.421,068.771,068.771,087.311,068.461,087.631,075.271,082.07
Market Capitalization5,769.566,512.995,991.084,028.094,460.683,526.893,332.992,868.94

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments1,282.34771.441,280.181,163.34733.251,481.411,294.051,752.451,894.88
Short Term Receivables1,321.511,165.611,654.921,400.201,063.241,119.711,497.891,516.491,670.39
Inventories774.52634.05883.45929.23703.55740.48923.65865.521,059.27
Other Current Assets121.15102.26164.6489.082,050.8425.4471.9695.1845.23
Total Current Assets3,499.522,673.363,983.193,581.844,550.883,367.043,787.554,229.654,669.78
Net Property, Plant & Equipment2,572.341,425.621,667.311,449.651,290.111,955.292,374.941,878.052,001.09
Total Investments and Advances889.05971.50474.11284.22238.62403.27400.12312.96318.74
Long-Term Note Receivable205.33393.20458.43592.40365.10335.36104.99378.18417.40
Intangible Assets605.22308.90525.76363.34264.14343.20438.16611.33674.70
Deferred Tax Assets355.87185.41254.84134.1565.34305.73223.2685.88185.12
Other Assets1,050.42554.70651.56526.11250.36387.15530.88373.24260.01
Total Assets9,177.756,512.708,015.196,931.707,024.567,097.047,859.907,869.298,526.83
Short Term Debt Incl. Current Port. of LT Debt838.52626.31474.45679.14548.45676.93329.09586.721,056.25
Accounts Payable848.05733.731,177.961,397.391,039.49777.92671.21704.81649.81
Income Tax Payable80.9076.61148.3396.1276.4087.66108.0683.4692.96
Other Current Liabilities394.56261.87511.04245.32605.00236.56183.08259.99314.18
Total Current Liabilities2,162.021,698.522,311.772,417.972,269.341,779.071,291.441,634.992,113.20
Long Term Debt3,145.771,929.162,261.871,835.012,633.943,021.333,643.713,336.683,040.88
Provision for Risks Charges148.17138.79326.72246.36199.33240.60324.68320.66391.95
Deferred Tax Liabilities288.46130.99140.5729.7320.95120.52106.912.4025.22
Other Liabilities197.6653.9286.0496.6621.4127.5748.2346.0154.24
Total Liabilities5,942.093,951.385,126.974,625.735,144.985,189.095,414.985,340.745,625.49
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity2,858.942,453.722,780.492,217.671,807.351,835.462,351.222,437.752,787.44
Total Shareholders Equity2,858.942,453.722,780.492,217.671,807.351,835.462,351.222,437.752,787.44
Accumulated Minority Interest376.72107.60107.7388.3072.2372.4993.7090.80113.90
Total Equity3,235.662,561.322,888.222,305.971,879.581,907.952,444.922,528.552,901.34
Total Liabilities & Stockholders Equity9,177.756,512.708,015.196,931.707,024.567,097.047,859.907,869.298,526.83
Book Value Per Share2.632.272.552.041.661.682.162.242.56
Tangible Book Value Per Share2.071.982.071.701.411.371.761.681.94
Full-Time Employees-9,55810,0949,92016,42215,94616,02417,03416,448
Price to Book Ratio1.661.062.341.311.592.692.893.023.72
Return on Assets6.076.036.544.162.061.591.203.836.00
Return on Equity17.9316.7519.5514.427.995.673.9511.9517.68
Return on Invested Capital7.3110.009.698.603.553.571.585.458.20
Quick Ratio1.261.201.341.101.701.482.222.061.71
Current Ratio1.621.571.721.482.011.892.932.592.21

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income734.97491.92468.54504.07297.84151.70125.44102.15309.69
Depreciation364.10283.92224.96231.20197.63169.35162.50290.18222.22
Other Funds (Non Cash)-7.1442.95426.12510.94287.26364.49256.67175.74160.81
Funds from Operations1,133.70820.381,186.581,179.06725.33640.65499.21543.37737.14
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital346.45-184.37-700.94-662.06-607.90-297.41-26.82-174.50-148.73
Income Taxes Payable76.841.60-4.36-5.01-1.832.174.4463.9858.26
Cash from Operating Activities1,480.15636.01485.63517.00117.43343.24472.39368.86588.41
Capital Expenditures-364.08-358.93-331.51-261.83-236.03-237.36-175.48-297.11-387.25
Net Assets From Acquisitions93.49215.010.00-53.15-1.160.000.00-0.55-28.27
Sale of Fixed Assets and Businesses66.9376.84257.14102.67549.8430.6130.0011.7311.55
Purchase or Sale of Investments-465.77-270.44-779.3614.81298.18370.36-174.21-160.85-465.12
Purchase of Investments-271.86-270.44-779.460.00-5.42-4.76-174.21-160.85-465.46
Sale Or Maturity of Investments-193.910.000.1014.81303.60375.120.000.000.34
Other Uses-275.53-174.06-331.21-7.64-42.64-29.42-94.49-17.240.00
Other Sources12.010.000.000.62962.060.000.000.000.00
Cash from Investing Activities-932.96-511.57-1,184.94-204.521,530.27134.19-414.18-464.02-869.09
Cash Dividends Paid-306.49-388.80-154.64-80.09-123.59-130.79-55.21-151.20-221.15
Change in Capital Stock-11.76-47.78-25.120.004.200.000.000.000.00
Repurchase of Common Pref Stock-8.52-47.78-27.630.000.000.000.000.000.00
Sale of Common Pref Stock-3.240.002.500.004.200.000.000.000.00
Proceedsfrom Stock Options-3.240.002.500.004.200.000.000.000.00
Issuance or Reduction of Debt, Net-632.75271.01-49.35-838.23-193.21304.77-136.63203.83
Change in Long Term Debt------0.00--
Issuance of Long Term Debt------0.00--
Reduction of Long Term Debt------0.00--
Net Financing Active Other Cash Flow-23.91-31.01-32.46-44.31-40.47-102.51-178.79-0.04-0.03
Other Financing Activities Uses-23.91-31.01-32.46-45.87-72.01-102.51-178.79-0.04-0.03
Cash from Financing Activities-191.7879.11-21.62-245.64-1,067.38-485.8521.16-369.42-17.35
Exchange Rate Effect-14.76-8.056.01-6.00-8.399.6426.512.307.28
Net Change in Cash340.64195.50-714.9260.85571.921.22105.87-462.28-290.75
Free Cash Flow1,116.07277.09154.12310.16-64.84149.89326.87110.28201.16
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow6.79--26.03-151.5918.27--
Deferred Taxes & Investment Tax Credit-1.5966.96-67.14-57.40-44.89-45.41-24.7144.42

Balance sheet, quarterly

Currency USD, millions
Metric2026Q22026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments1,787.261,436.761,370.851,282.34799.86771.71
Short Term Receivables1,538.751,615.931,541.801,321.511,343.871,381.31
Inventories1,055.40912.37870.52774.52718.06739.96
Other Current Assets153.40208.75199.17121.15198.36195.61
Total Current Assets4,534.804,173.803,982.343,499.523,060.163,088.59
Net Property, Plant & Equipment2,696.092,807.162,678.382,572.342,583.022,477.62
Total Investments and Advances774.89884.49843.92889.05798.15739.32
Intangible Assets645.98686.70655.20605.22608.27670.63
Deferred Tax Assets337.57381.33363.84355.87332.20326.37
Other Assets1,046.801,150.861,098.071,050.42855.41769.01
Total Assets10,188.9710,251.699,781.419,177.758,728.718,518.60
Short Term Debt Incl. Current Port. of LT Debt920.99936.87893.89838.52559.28624.13
Accounts Payable1,346.57895.70854.61848.05640.90570.42
Income Tax Payable40.7149.4447.1780.9054.8663.68
Other Current Liabilities450.82622.71594.14394.56418.01442.03
Total Current Liabilities2,759.092,504.712,389.812,162.021,673.051,700.26
Long Term Debt2,858.683,302.463,150.973,145.772,913.282,845.73
Provision for Risks Charges141.35150.27143.38148.17175.40165.89
Deferred Tax Liabilities319.53306.18292.13288.46291.43294.91
Other Liabilities241.19273.03260.50197.66170.46141.30
Total Liabilities6,319.856,536.656,236.795,942.095,223.615,148.09
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity3,469.583,305.713,154.062,858.943,077.192,945.06
Total Shareholders Equity3,469.583,305.713,154.062,858.943,077.192,945.06
Accumulated Minority Interest399.54409.33390.56376.72427.91425.46
Total Equity3,869.123,715.043,544.623,235.663,505.103,370.52
Total Liabilities & Stockholders Equity10,188.9710,251.699,781.419,177.758,728.718,518.60
Book Value Per Share3.243.092.952.632.882.71
Tangible Book Value Per Share2.642.452.342.072.312.09
Full-Time Employees11,557---10,9474,072
Price to Book Ratio1.662.282.101.311.511.33
Return on Assets7.466.957.116.086.566.62
Return on Equity21.7519.8020.2117.9618.2618.65
Return on Invested Capital4.842.572.641.002.173.32
Quick Ratio1.261.301.301.261.401.38
Current Ratio1.641.671.671.621.831.82

Cash flow, quarterly

Currency USD, millions
Metric2026Q22026Q22026Q12025Q42025Q32025Q2
Net Income332.79177.29173.9283.66144.60204.53
Depreciation86.6584.9283.3120.41173.7439.59
Other Funds (Non Cash)-82.0289.6987.98-19.035.93-11.53
Funds from Operations399.08353.08346.3662.55325.71241.07
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital331.66-247.23-242.52255.032.28-190.53
Income Taxes Payable-6.751.891.86131.36-49.62-31.23
Cash from Operating Activities730.74105.85103.84317.59327.9950.54
Capital Expenditures-82.45-71.43-70.07-123.34-88.22-84.36
Net Assets From Acquisitions-0.000.000.007.6285.87131.11
Sale of Fixed Assets and Businesses0.072.522.4757.516.8810.40
Purchase or Sale of Investments-176.81211.98207.95-387.15-109.7613.55
Purchase of Investments0.000.000.00-271.860.000.00
Sale Or Maturity of Investments-176.81211.98207.95-115.29-109.7613.55
Other Uses-44.45-58.54-57.42-61.32-112.34-1.32
Other Sources5.406.736.600.000.000.00
Cash from Investing Activities-298.2391.2789.53-506.69-217.5769.39
Cash Dividends Paid-1.66-0.31-0.30-231.02-73.52-3.47
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-2.860.000.001.64-10.54-22.69
Repurchase of Common Pref Stock-2.860.000.001.64-7.30-25.93
Sale of Common Pref Stock0.000.000.000.00-3.243.24
Proceedsfrom Stock Options0.000.000.000.00-3.243.24
Issuance or Reduction of Debt, Net-243.89-16.63-16.32558.14-44.27189.42
Net Financing Active Other Cash Flow-3.64-4.14-4.06-7.98-8.23-8.41
Other Financing Activities Uses-3.64-4.14-4.06-7.98-8.23-8.41
Cash from Financing Activities-276.34-49.26-48.32299.60-166.73134.54
Exchange Rate Effect0.82-14.94-14.662.96-3.88-3.20
Net Change in Cash156.98132.92130.39113.46-60.20251.27
Free Cash Flow648.2934.4233.77194.24239.77-33.82
Price to Free Cash Flow6.7947.6847.92-32.45-

Revenue breakdown

Natural Gas Distribution2024: 24.79B 2025: 25.48B
Brazil2024: 24.57B 2025: 25.02B
Europe2024: 9.42M 2025: 47.85M
Oceania2025: 137.52M
Other Latin American Countries2024: 37.69M 2025: 94.36M
Others Regions2024: 46.89M 2025: 45.50M
United States Of America And Canada2024: 126.50M 2025: 130.55M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-300.67%7.2M1070.4M3.99M
2026-10-151.08%11.5M1070.4M3.81M
2026-09-300.67%7.2M1070.4M3.82M
2026-09-150.42%4.5M1070.4M3.59M
2026-08-310.34%3.6M1070.4M3.53M
2026-08-140.27%2.9M1070.4M3.69M
2026-07-310.23%2.5M1068.8M3.67M
2026-07-150.10%1.1M1068.8M3.32M
2026-06-300.06%0.7M1068.8M3.08M
2026-06-150.16%1.7M1068.8M3.21M
2026-05-290.34%3.6M1068.8M3.24M
2026-05-150.36%3.9M1068.8M2.91M
2026-04-300.18%2.0M1068.8M2.76M
2026-04-150.19%2.0M1087.3M2.77M
2026-03-310.13%1.4M1087.3M2.43M
2026-03-130.18%1.9M1087.3M1.93M
2026-02-270.04%0.5M1087.3M1.74M
2026-02-130.30%3.3M1068.4M1.75M
2026-01-300.44%4.7M1068.4M1.67M
2026-01-150.46%4.9M1068.4M2.00M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call2.500.000.002.35-0.000.00---
call5.000.000.000.55-1060.00---
call7.500.000.000.03-6900.00---
call10.000.000.000.05-6630.00---
call12.500.000.000.00-0.000.00---
put2.500.000.000.00-0.000.00---
put5.000.000.000.05-4.000.00---
put7.500.000.002.00-1440.00---
put10.000.000.000.00-0.000.00---
put12.500.000.000.00-0.000.00---

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-10-266-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-26SEC
2026-10-164Statement of changes in beneficial ownership of securities2026-10-14SEC
2026-10-14144Filing for proposed sale of securities under Rule 144.SEC
2026-10-026-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-01SEC
2026-09-254Statement of changes in beneficial ownership of securities2026-09-24SEC
2026-09-254Statement of changes in beneficial ownership of securities2026-09-24SEC
2026-09-254Statement of changes in beneficial ownership of securities2026-09-24SEC
2026-09-234Statement of changes in beneficial ownership of securities2026-09-22SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-184/A2026-04-20SEC
2026-09-144Statement of changes in beneficial ownership of securities2026-09-10SEC
2026-09-144Statement of changes in beneficial ownership of securities2026-09-10SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-08-284Statement of changes in beneficial ownership of securities2026-08-18SEC
2026-08-136-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-12SEC
2026-08-136-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-04SEC
2026-06-234Statement of changes in beneficial ownership of securities2026-06-22SEC
2026-06-186-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-17SEC
2026-06-186-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-17SEC
2026-06-094Statement of changes in beneficial ownership of securities2026-05-28SEC
2026-06-026-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-02SEC
2026-05-1920-F/A2025-12-31SEC
2026-05-076-K/A2026-05-06SEC
2026-05-076-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-05-06SEC
2026-04-284Statement of changes in beneficial ownership of securities2026-04-24SEC
2026-04-284Statement of changes in beneficial ownership of securities2026-04-24SEC
2026-04-284Statement of changes in beneficial ownership of securities2026-04-24SEC
2026-04-284Statement of changes in beneficial ownership of securities2026-04-24SEC
2026-04-284Statement of changes in beneficial ownership of securities2026-04-24SEC
2026-04-284Statement of changes in beneficial ownership of securities2026-04-24SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-09001.04M4
2026-08003.81K1
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
Naman Capital Ltda0.69%
Qube Research & Technologies Ltd0.53%
BlackRock, Inc.0.52%
MORGAN STANLEY0.46%
AMERICAN CENTURY COMPANIES INC0.38%
MARSHALL WACE, LLP0.30%
RENAISSANCE TECHNOLOGIES LLC0.21%
JANE STREET GROUP, LLC0.18%
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP0.17%
UBS Group AG0.14%

Funds

Fund% owned
Avantis Emerging Markets Equity ETF0.37%
Cantor Fitzgerald Infrastructure Fund0.04%
ActivePassive International Equity ETF0.02%
Dimensional World ex. U.S. Core Equity 2 ETF0.02%
AdvisorShares Dorsey Wright ADR ETF0.02%
Emerging Economies Fund0.02%
Invesco Zacks Multi-Asset Income ETF0.01%
Avantis Emerging Markets Equity Fund0.01%
Avantis Emerging Markets ex-China Equity ETF0.01%
EMERGING MARKETS CORE EQUITY 2 PORTFOLIO0.01%

OakChart. UGP. Cached 15 minutes.