ONE Gas (OGS) vs Ultrapar Participacoes S.A. (New) (UGP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Ultrapar Participacoes S.A. (New) (UGP) has outperformed ONE Gas (OGS) over the past year, gaining 102.1% versus a loss of 9.6%. Over five years, UGP leads with a +180.4% price change compared with +7.0% for OGS. Ultrapar Participacoes S.A. (New) is the larger company by market cap ($8.25 billion vs $4.57 billion), about 1.8 times the size.
On valuation, Ultrapar Participacoes S.A. (New) trades at a lower forward P/E (12.2x vs 14.4x for ONE Gas). Ultrapar Participacoes S.A. (New) offers the higher dividend yield (25.84% vs 3.72%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | OGS | UGP |
|---|---|---|
| Share price | $72.65 | $7.74 |
| Market cap | $4.57B | $8.25B |
| 1-day change | -0.68% | 0.00% |
| YTD return | -5.95% | +105.31% |
| 1-year return | -9.61% | +102.09% |
| 5-year return | +7.03% | +180.43% |
| P/E ratio (TTM) | 15.62 | 12.48 |
| Forward P/E | 14.40 | 12.18 |
| EPS (TTM) | $4.65 | $0.62 |
| Dividend yield | 3.72% | 25.84% |
| Annual dividend | $2.70 | $2.00 |
| Revenue (latest FY) | $2.43B | — |
| Revenue growth (YoY) | +16.50% | — |
| Net income (latest FY) | $264.22M | — |
| Gross margin | 58.85% | — |
| Operating margin | 18.85% | — |
| Net margin | 10.88% | — |
| 52-week high | $90.78 | $8.28 |
| 52-week low | $70.37 | $3.60 |
| Distance from 52-week high | -19.97% | -6.52% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +22.12% | -0.90% |
| Average volume | 543.01K | 4.03M |
| Shares outstanding | 62.86M | 1.07B |
| Employees | 4,000 | 11,557 |
| Sector | Utilities | Utilities |
| Industry | Oil/Gas Transmission | Oil/Gas Transmission |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- UGP has outperformed OGS by 111.7 percentage points over the past year.
- ONE Gas trades at a higher earnings multiple (15.6x vs 12.5x trailing P/E).
- Ultrapar Participacoes S.A. (New) offers a meaningfully higher dividend yield (25.84% vs 3.72%).
About ONE Gas
OGS stock →ONE Gas, Inc., together with its subsidiaries, operates as a regulated natural gas distribution utility company in the United States. The company offers natural gas distribution services.
Utilities · Oil/Gas Transmission · 4,000 employees
About Ultrapar Participacoes S.A. (New)
UGP stock →Ultrapar Participações S.A., through its subsidiaries, operates in the energy, mobility, and logistics infrastructure sectors in Brazil, the rest of Europe, the United States, Canada, other Latin American countries, Oceania, and internationally. It operates through Ultragaz, Ipiranga, Ultracargo, and Hidrovias segments.
Utilities · Oil/Gas Transmission · 11,557 employees
OGS vs UGP FAQ
Which is bigger, ONE Gas or Ultrapar Participacoes S.A. (New)?
Ultrapar Participacoes S.A. (New) (UGP) is larger, with a market capitalization of $8.25B compared with $4.57B for ONE Gas (OGS).
Which stock has performed better over the past year, OGS or UGP?
UGP returned +102.09% over the past 12 months, compared with -9.61% for OGS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, OGS or UGP?
UGP has the lower trailing P/E at 12.5, versus 15.6 for OGS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, ONE Gas or Ultrapar Participacoes S.A. (New)?
Ultrapar Participacoes S.A. (New) has the higher yield at 25.84%, compared with 3.72% for ONE Gas.
Are ONE Gas and Ultrapar Participacoes S.A. (New) in the same industry?
Yes. Both are classified in the Oil/Gas Transmission industry within the Utilities sector.