UL Solutions (ULS) Capital Expenditures (2023 - 2026)
Quarterly results put Capital Expenditures at $69.0 million for Q1 2026, up 165.38% from a year ago — trailing twelve months through Mar 2026 was $240.0 million (up 566.67% YoY), and the annual figure for FY2025 was $197.0 million, up 358.14%.
UL Solutions has reported Capital Expenditures over the past 4 years, most recently at $69.0 million for Q1 2026.
- Capital Expenditures reached $69.0 million in Q1 2026 per ULS's latest filing, up from $58.0 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $149.0 million in Q3 2024 and bottomed at -$136.0 million in Q4 2024.
- Median Capital Expenditures over the past 4 years was $58.0 million (2025), compared with a mean of $40.3 million.
- The largest annual shift saw Capital Expenditures plummeted 330.51% in 2024 before it skyrocketed 165.38% in 2026.
- Over 4 years, Capital Expenditures stood at $59.0 million in 2023, then tumbled by 330.51% to -$136.0 million in 2024, then surged by 142.65% to $58.0 million in 2025, then grew by 18.97% to $69.0 million in 2026.
- Business Quant data shows Capital Expenditures for ULS at $69.0 million in Q1 2026, $58.0 million in Q4 2025, and $116.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | - |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | 90.90 Mn |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 69.62 Mn |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 69.00 Mn |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | 261.34 Mn |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 51.50 Mn |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 101.28 Mn |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 5.00 Mn |
| 10 | Dolby Laboratories | 5.15 Bn | 4.56 Bn | 350.90 Mn | 9.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 69.00 Mn |
| Mar 31, 2026 | 69.00 Mn |
| Dec 31, 2025 | 58.00 Mn |
| Dec 31, 2025 | 58.00 Mn |
| Sep 30, 2025 | 116.00 Mn |
| Sep 30, 2025 | 116.00 Mn |
| Jun 30, 2025 | -3.00 Mn |
| Jun 30, 2025 | -3.00 Mn |
| Mar 31, 2025 | 26.00 Mn |
| Mar 31, 2025 | 26.00 Mn |
| Dec 31, 2024 | -136.00 Mn |
| Dec 31, 2024 | -136.00 Mn |
| Sep 30, 2024 | 149.00 Mn |
| Sep 30, 2024 | 149.00 Mn |
| Jun 30, 2024 | -3.00 Mn |
| Jun 30, 2024 | -3.00 Mn |
| Mar 31, 2024 | 33.00 Mn |
| Mar 31, 2024 | 33.00 Mn |
| Dec 31, 2023 | 59.00 Mn |
| Dec 31, 2023 | 59.00 Mn |
| Sep 30, 2023 | 137.00 Mn |
| Sep 30, 2023 | 137.00 Mn |
| Jun 30, 2023 | -44.00 Mn |
| Jun 30, 2023 | -44.00 Mn |
| Mar 31, 2023 | 63.00 Mn |
| Mar 31, 2023 | 63.00 Mn |