UL Solutions (ULS) Capital Expenditures (2023 - 2026)
UL Solutions' (ULS) quarterly Capital Expenditures came in at $69.0 million in Q2 2026, up 64.29% year-over-year from $42.0 million in Q2 2025, and little changed quarter-over-quarter from $69.0 million in Q1 2026.
Analysis
UL Solutions (ULS) Capital Expenditures (2023 - 2026) Analysis & Trends
UL Solutions has disclosed Capital Expenditures across 4 years of filings, most recently posting $69.0 million for Q2 2026.
- In Q2 2026, Capital Expenditures rose 64.29% year-over-year to $69.0 million; the TTM figure through Jun 2026 stood at $242.0 million (up 11.52% YoY), while the FY2025 annual figure was $197.0 million, down 16.88% from the prior year.
- Capital Expenditures came in at $69.0 million for Q2 2026 at UL Solutions, roughly flat from $69.0 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $69.0 million in Q1 2026 to a low of $42.0 million in Q2 2025.
- Average Capital Expenditures over 4 years is $56.2 million, with a median of $57.5 million recorded in 2024.
- Year-over-year, Capital Expenditures slumped 30.3% in 2025 and surged 64.29% in 2026.
- Over 4 years, Capital Expenditures stood at $59.0 million in 2023, then retreated by 1.69% to $58.0 million in 2024, then changed by 0.0% to $58.0 million in 2025, then gained by 18.97% to $69.0 million in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $69.0 million in Q2 2026, $69.0 million in Q1 2026, and $58.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 108.80 Bn | 98.63 Bn | 6.13 Bn | 186.22 Mn |
| 2 | UL Solutions | 14.40 Bn | 13.97 Bn | 417.00 Mn | 69.00 Mn |
| 3 | Gartner | 11.34 Bn | 9.85 Bn | 1.19 Bn | 19.92 Mn |
| 4 | Tetra Tech | 9.21 Bn | 8.98 Bn | 243.21 Mn | 3.81 Mn |
| 5 | Booz Allen Hamilton Holding | 9.08 Bn | 8.54 Bn | 1.46 Bn | 31.00 Mn |
| 6 | Genpact | 5.81 Bn | 5.29 Bn | 490.34 Mn | 13.93 Mn |
| 7 | Fti Consulting | 4.32 Bn | 4.16 Bn | 316.27 Mn | 11.27 Mn |
| 8 | Korn Ferry | 4.01 Bn | 2.88 Bn | 685.99 Mn | 24.82 Mn |
| 9 | Grand Canyon Education | 3.95 Bn | 3.68 Bn | 204.08 Mn | 10.73 Mn |
| 10 | Exponent | 3.28 Bn | 3.22 Bn | 158.75 Mn | 1.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 69.00 Mn |
| Mar 31, 2026 | 69.00 Mn |
| Dec 31, 2025 | 58.00 Mn |
| Sep 30, 2025 | 46.00 Mn |
| Jun 30, 2025 | 42.00 Mn |
| Mar 31, 2025 | 51.00 Mn |
| Dec 31, 2024 | 58.00 Mn |
| Sep 30, 2024 | 66.00 Mn |
| Jun 30, 2024 | 56.00 Mn |
| Mar 31, 2024 | 57.00 Mn |
| Dec 31, 2023 | 59.00 Mn |
| Sep 30, 2023 | 43.00 Mn |
| Jun 30, 2023 | 50.00 Mn |
| Mar 31, 2023 | 63.00 Mn |