Ultrapar publishes corporate presentation outlining portfolio strategy and 2026 investment plan

Hidrovias results have been consolidated since May 2025. The unit sold its coastal shipping operation in November 2025.

Leverage remained at 1.7x net debt to LTM EBITDA at June 2026, versus a stated target range of 1.0x-1.5x.

The investment plan for 2026 totaled R$ 2.62 billion, with R$ 1.11 billion allocated to expansion and R$ 1.51 billion to maintenance.

Ultrapar outlined a portfolio centered on Ipiranga, Ultragaz, Ultracargo, Iconic and Hidrovias. The company said 2025 recurring EBITDA totaled R$ 6.2 billion.

Mobility segment posted 2025 recurring EBITDA of R$ 3.5 billion; the energy segment generated R$ 1.8 billion; and logistics operations contributed R$ 0.6 billion and R$ 1.1 billion.