UL Solutions (ULS) Debt Ratio (2023 - 2026)
UL Solutions' (ULS) quarterly Debt Ratio came in at 0.12 in Q1 2026, down 46.75% year-on-year from 0.23 in Q1 2025, and down 28.13% quarter-over-quarter from 0.17 in Q4 2025.
UL Solutions (ULS) Debt Ratio (2023 - 2026) Analysis & Trends
UL Solutions has disclosed Debt Ratio across 4 years of filings, most recently posting 0.12 for Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.12, down 46.75% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.12 (down 46.75% YoY), and the FY2025 annual result was 0.17, down 36.57% from the prior year.
- Debt Ratio came in at 0.12 for Q1 2026 at UL Solutions, down from 0.17 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.33 in Q4 2023 to a low of 0.12 in Q1 2026.
- The 4-year median for Debt Ratio is 0.25 (2024), against an average of 0.24.
- Across the five-year window, Debt Ratio decreased 19.8% in 2024 and sank 46.75% in 2026, its largest moves.
- UL Solutions' Debt Ratio stood at 0.33 in 2023, then fell by 19.8% to 0.26 in 2024, then sank by 36.57% to 0.17 in 2025, then fell by 28.13% to 0.12 in 2026.
- The last three Debt Ratio figures came in at 0.12 (Q1 2026), 0.17 (Q4 2025), and 0.19 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 0.26 |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | - |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 0.21 |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 0.12 |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | 0.34 |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 0.44 |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 0.35 |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | - |
| 10 | Unifirst | 4.79 Bn | 4.63 Bn | 218.82 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.12 |
| Dec 31, 2025 | 0.17 |
| Sep 30, 2025 | 0.19 |
| Jun 30, 2025 | 0.21 |
| Mar 31, 2025 | 0.23 |
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.28 |
| Jun 30, 2024 | 0.29 |
| Mar 31, 2024 | 0.31 |
| Dec 31, 2023 | 0.33 |