UL Solutions (ULS) Capital Expenditures (2023 - 2026)
UL Solutions (ULS) posted Capital Expenditures of $41.0 million for Q1 2026, up 95.24% sequentially from $21.0 million in Q4 2025, and down 19.61% YoY from $51.0 million in Q1 2025.
UL Solutions (ULS) Capital Expenditures (2023 - 2026) Analysis & Trends
UL Solutions has reported Capital Expenditures for 4 years, with the latest figure at $41.0 million in Q1 2026.
- Quarterly Capital Expenditures fell 19.61% year-over-year to $41.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $44.0 million (down 27.87% YoY) and the FY2025 annual result came in at $54.0 million, up 25.58% from the prior year.
- Capital Expenditures advanced to $41.0 million in Q1 2026 per ULS's latest filing, from $21.0 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $190.0 million in Q4 2023 and troughed at -$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.
- The widest YoY moves for Capital Expenditures: up 1500.0% in 2025, down 2900.0% in 2025.
- Over 4 years, Capital Expenditures stood at $190.0 million in 2023, then plunged 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.
- According to Business Quant data, Capital Expenditures over the past three periods registered $41.0 million, $21.0 million, and -$60.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.80 Bn | 81.51 Bn | 1.48 Bn | 96.00 Mn |
| 2 | Relx | 65.74 Bn | 65.57 Bn | - | - |
| 3 | Copart | 32.18 Bn | 28.82 Bn | 732.88 Mn | 80.89 Mn |
| 4 | Global Payments | 25.12 Bn | 19.71 Bn | 2.03 Bn | 235.66 Mn |
| 5 | Rb Global | 16.26 Bn | 15.73 Bn | 935.50 Mn | 78.10 Mn |
| 6 | Aramark | 15.70 Bn | 15.20 Bn | 430.34 Mn | 112.37 Mn |
| 7 | UL Solutions | 15.09 Bn | 14.65 Bn | 417.00 Mn | 69.00 Mn |
| 8 | Rentokil Initial | 11.95 Bn | 9.42 Bn | - | - |
| 9 | Dolby Laboratories | 6.10 Bn | 5.43 Bn | 264.68 Mn | 14.99 Mn |
| 10 | Unifirst | 5.21 Bn | 5.04 Bn | 234.73 Mn | 29.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 69.00 Mn |
| Jun 30, 2026 | 69.00 Mn |
| 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 |