UL Solutions (ULS) Current Leases (2023 - 2026)

UL Solutions (ULS) reported Current Leases of $41.0 million for Q1 2026, up 2.5% on a YoY basis from $40.0 million in Q1 2025, and down 4.65% sequentially from $43.0 million in Q4 2025.

UL Solutions (ULS) Current Leases (2023 - 2026) Analysis & Trends

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

  • For the quarter ending Q1 2026, Current Leases rose 2.5% year-over-year to $41.0 million; the trailing twelve-month figure through Mar 2026 stood at $41.0 million (up 2.5% YoY), and the FY2025 full-year result was $43.0 million, up 13.16% from the prior year.
  • Current Leases declined to $41.0 million in Q1 2026, from $43.0 million in the prior quarter.
  • In the past five years, Current Leases ranged from a high of $43.0 million in Q4 2025 to a low of $36.0 million in Q2 2024.
  • A 4-year average of $39.5 million and a median of $39.5 million in 2023 frame the typical range for Current Leases.
  • Across the five-year window, Current Leases decreased 2.56% in 2024 and grew 16.67% in 2025, its largest moves.
  • Tracing ULS's Current Leases over 4 years: stood at $39.0 million in 2023, then retreated by 2.56% to $38.0 million in 2024, then increased by 13.16% to $43.0 million in 2025, then fell by 4.65% to $41.0 million in 2026.
  • Business Quant data shows ULS's Current Leases at $41.0 million in Q1 2026, $43.0 million in Q4 2025, and $42.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Cintas 81.31 Bn 81.12 Bn 1.45 Bn 54.13 Mn
2 Rentokil Initial 73.75 Bn 71.25 Bn - 171.00 Mn
3 Relx 60.28 Bn 60.04 Bn - 38.57 Mn
4 Thomson Reuters 38.09 Bn 37.23 Bn - -
5 Copart 25.18 Bn 21.85 Bn 732.88 Mn 15.83 Mn
6 Global Payments 21.29 Bn 16.10 Bn 1.70 Bn -
7 Rb Global 20.33 Bn 20.14 Bn 927.90 Mn 132.80 Mn
8 UL Solutions 17.42 Bn 17.18 Bn 381.00 Mn 41.00 Mn
9 Aramark 15.00 Bn 14.59 Bn 426.39 Mn 65.31 Mn
10 Amentum Holdings 5.37 Bn 5.04 Bn 345.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 41.00 Mn
Dec 31, 2025 43.00 Mn
Sep 30, 2025 42.00 Mn
Jun 30, 2025 42.00 Mn
Mar 31, 2025 40.00 Mn
Dec 31, 2024 38.00 Mn
Sep 30, 2024 37.00 Mn
Jun 30, 2024 36.00 Mn
Mar 31, 2024 37.00 Mn
Dec 31, 2023 39.00 Mn