All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
2 warning events since 2017; the latest 2022-05-03.
From the record
Ultrapar Participacoes S.A.'s filings since 2017 show 2 warning events: a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2022-05-03) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+6.5% a year over 10 filed years; profitable in 10 of 10.
From the record
Ultrapar Participacoes S.A.'s 10 filed years say what it did: revenue went from BRL 76 billion in fiscal 2015 to BRL 133 billion in fiscal 2024, up 6.5% a year; it rose in 6 of 9 years; the deepest fall was 18% from fiscal 2018 to fiscal 2020; net income was positive in 10 of 10 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
Share count grew 0.4% a year. 20% of cash flow returned. Insiders: 5 sales, 0 purchases.
From the record
Over the 3 fiscal years to 2024-12-31, Ultrapar Participacoes S.A.'s diluted share count grew about 0.4% a year, and dividends and buybacks returned about 20% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 5 sales and 0 purchases of their own stock on the open market in the year to 2026-10-16 (their Form 4 filings).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they doing right now?
Is it financially healthy right now?
ROE 16%: 16¢ of profit per shareholder dollar. Leverage 60%: owes 60¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2024-12-31, Ultrapar Participacoes S.A. earned about 16 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 24 cents per dollar of everything the company owns. Leverage: it owed about 60 cents per dollar of assets, and net share issuance: its share count grew 0.6% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
top 50% of 14 in its family; net margin 1.9%.
From the record
Ultrapar Participacoes S.A.'s standing among 14 graded names in its industry family: revenue of BRL 133 billion in fiscal 2024 is not ranked by size, since the family reports in another currency; a net margin of 1.9% ranks in the bottom 25%; revenue growth of 6.8% a year over the last 3 filed years ranks in the top 25% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
SI estimate 5.1/10, confidence 20 of 100 (family median).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Ultrapar Participacoes S.A.'s leadership is put at 5.1 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 11 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.
What are they set up to do next?
How much room does it have to grow?
bottom 35% of 13 in its family for room to expand.
From the record
Ultrapar Participacoes S.A.'s room to grow, from the newest filed statements (fiscal 2024): cash of BRL 2.1 billion against debt of BRL 14 billion leaves -30.9% of its assets as net cash, bottom 39% of its family; cash from operations less capital spending is 2.8% of revenue (top 42%); a gross margin of 7.3% (bottom 8%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
top 43% of 14 in its family for growth drivers.
From the record
Ultrapar Participacoes S.A.'s growth drivers, from the filed years to fiscal 2024: revenue grew 6.8% a year over the last three filed years against 6.5% over all 10, speeding up (top 11% of its family); the newest year grew 5.9% (bottom 32%); research spending grew 4.5% a year (top 30%); capital spending grew 10.5% a year (bottom 38%) (its annual reports). Ultrapar Participacoes S.A. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
top 47% of 13 in its family for expectations against reality.
From the record
Ultrapar Participacoes S.A.'s newest year against its own record: revenue of BRL 133 billion in fiscal 2024 came in 1.2% below the BRL 135 billion its prior three years' pace pointed to (bottom 27% of its family); net income of BRL 2.5 billion against a prior three-year average of BRL 1.7 billion (top 12%); a net margin of 1.9% against 1.4% before (bottom 42%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made