UL Solutions (ULS) Capital Expenditures (2023 - 2026)

UL Solutions (ULS) reported Capital Expenditures of $41.0 million for Q1 2026, down 19.61% on a YoY basis from $51.0 million in Q1 2025, and up 95.24% sequentially from $21.0 million in Q4 2025.

UL Solutions (ULS) Capital Expenditures (2023 - 2026) Analysis & Trends

UL Solutions (ULS) has 4 years of Capital Expenditures data on file, last reported at $41.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Capital Expenditures fell 19.61% year-over-year to $41.0 million; the trailing twelve-month figure through Mar 2026 stood at $44.0 million (down 27.87% YoY), and the FY2025 full-year result was $54.0 million, up 25.58% from the prior year.
  • Capital Expenditures advanced to $41.0 million in Q1 2026, from $21.0 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $190.0 million in Q4 2023 to a low of -$88.0 million in Q3 2023.
  • A 4-year average of $27.2 million and a median of $21.0 million in 2023 frame the typical range for Capital Expenditures.
  • Peak annual rise in Capital Expenditures reached 1500.0% in 2025, while the deepest fall reached 2900.0% in 2025.
  • Tracing ULS's Capital Expenditures over 4 years: stood at $190.0 million in 2023, then sank by 92.11% to $15.0 million in 2024, then jumped by 40.0% to $21.0 million in 2025, then soared by 95.24% to $41.0 million in 2026.
  • Business Quant data shows ULS's Capital Expenditures at $41.0 million in Q1 2026, $21.0 million in Q4 2025, and -$60.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Cintas 82.43 Bn 82.25 Bn 1.45 Bn 90.90 Mn
2 Rentokil Initial 71.81 Bn 69.31 Bn - -
3 Relx 63.28 Bn 63.04 Bn - -
4 Thomson Reuters 40.35 Bn 39.49 Bn - -156.00 Mn
5 Copart 26.32 Bn 22.97 Bn 732.88 Mn 80.89 Mn
6 Global Payments 22.09 Bn 16.23 Bn 1.70 Bn 261.34 Mn
7 Rb Global 20.79 Bn 20.60 Bn 927.90 Mn 51.50 Mn
8 UL Solutions 17.26 Bn 17.01 Bn 381.00 Mn 41.00 Mn
9 Aramark 15.08 Bn 14.60 Bn 426.39 Mn 101.28 Mn
10 Amentum Holdings 5.52 Bn 5.10 Bn 345.00 Mn 5.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 41.00 Mn
Mar 31, 2026 41.00 Mn
Dec 31, 2025 21.00 Mn
Dec 31, 2025 21.00 Mn
Sep 30, 2025 -60.00 Mn
Sep 30, 2025 -60.00 Mn
Jun 30, 2025 42.00 Mn
Jun 30, 2025 42.00 Mn
Mar 31, 2025 51.00 Mn
Mar 31, 2025 51.00 Mn
Dec 31, 2024 15.00 Mn
Dec 31, 2024 15.00 Mn
Sep 30, 2024 -2.00 Mn
Sep 30, 2024 -2.00 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 190.00 Mn
Dec 31, 2023 190.00 Mn