UL Solutions (ULS) Change in Cash (2023 - 2026)
UL Solutions (ULS) reported Change in Cash of -$37.0 million for Q1 2026, down 19.35% on a YoY basis from -$45.9 million in Q1 2025, and down 192.5% sequentially from $40.0 million in Q4 2025.
UL Solutions (ULS) Change in Cash (2023 - 2026) Analysis & Trends
UL Solutions (ULS) has 4 years of Change in Cash data on file, last reported at -$37.0 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Cash fell 19.35% year-over-year to -$37.0 million; the trailing twelve-month figure through Mar 2026 stood at -$9.0 million (up 88.31% YoY), and the FY2025 full-year result was -$3.0 million, up 82.35% from the prior year.
- Change in Cash fell to -$37.0 million in Q1 2026, from $40.0 million in the prior quarter.
- In the past five years, Change in Cash ranged from a high of $96.0 million in Q1 2023 to a low of -$142.0 million in Q4 2023.
- A 4-year average of -$4.9 million and a median of -$5.0 million in 2023 frame the typical range for Change in Cash.
- Across the five-year window, Change in Cash tumbled 880.0% in 2024 and jumped 237.93% in 2025, its largest moves.
- Tracing ULS's Change in Cash over 4 years: stood at -$142.0 million in 2023, then jumped by 79.58% to -$29.0 million in 2024, then jumped by 237.93% to $40.0 million in 2025, then tumbled by 192.5% to -$37.0 million in 2026.
- Business Quant data shows ULS's Change in Cash at -$37.0 million in Q1 2026, $40.0 million in Q4 2025, and -$17.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 82.43 Bn | 82.25 Bn | 1.45 Bn | -17.64 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 | - | -111.00 Mn |
| 5 | Copart | 26.32 Bn | 22.97 Bn | 732.88 Mn | -1.75 Bn |
| 6 | Global Payments | 22.09 Bn | 16.23 Bn | 1.70 Bn | -2.99 Bn |
| 7 | Rb Global | 20.79 Bn | 20.60 Bn | 927.90 Mn | 164.60 Mn |
| 8 | UL Solutions | 17.26 Bn | 17.01 Bn | 381.00 Mn | -37.00 Mn |
| 9 | Aramark | 15.08 Bn | 14.60 Bn | 426.39 Mn | 32.45 Mn |
| 10 | Amentum Holdings | 5.52 Bn | 5.10 Bn | 345.00 Mn | 181.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -37.00 Mn |
| Dec 31, 2025 | 40.00 Mn |
| Sep 30, 2025 | -17.00 Mn |
| Jun 30, 2025 | 5.00 Mn |
| Mar 31, 2025 | -31.00 Mn |
| Dec 31, 2024 | -29.00 Mn |
| Sep 30, 2024 | 32.00 Mn |
| Jun 30, 2024 | -49.00 Mn |
| Mar 31, 2024 | 29.00 Mn |
| Dec 31, 2023 | -142.00 Mn |
| Sep 30, 2023 | 44.00 Mn |
| Jun 30, 2023 | -5.00 Mn |
| Mar 31, 2023 | 96.00 Mn |