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| Date | Value |
|---|---|
| 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 |