UL Solutions (ULS) Debt Ratio (2023 - 2026)
UL Solutions' (ULS) Debt Ratio came in at 0.21 for Q3 2026, up 10.3% from 0.19 a year earlier and up 114.6% from the prior quarter.
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Analysis
UL Solutions (ULS) Debt Ratio (2023 - 2026) Analysis & Trends
For FY2025, UL Solutions' Debt Ratio stood at 0.17, down 36.6% from FY2024.
- In prior years, UL Solutions' Debt Ratio was 0.27 in FY2024 (-19.8%) and 0.33 in FY2023.
- The Q3 2026 figure stands as the highest quarterly Debt Ratio since Q2 2025.
- On a year-over-year basis, Debt Ratio increased in 1 of the last eight quarters, with an average decline of 29.0%.
- The strongest year-over-year quarter for Debt Ratio in the past five years was Q3 2026, with growth of 10.3%; the weakest was Q2 2026, with a decline of 53.6%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.10 (Q2 2026), 0.12 (Q1 2026) and 0.17 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 153.56 Bn | 111.49 Bn | 5.98 Bn | 0.14 |
| 2 | Cintas | 88.59 Bn | 87.67 Bn | 1.55 Bn | 0.23 |
| 3 | Iron Mountain | 33.27 Bn | 32.47 Bn | 1.06 Bn | 0.81 |
| 4 | APi | 18.49 Bn | 15.70 Bn | 770.00 Mn | 0.35 |
| 5 | Rollins | 18.05 Bn | 17.59 Bn | 582.90 Mn | 0.22 |
| 6 | UL Solutions | 16.33 Bn | 14.33 Bn | 423.00 Mn | 0.21 |
| 7 | Aramark | 14.48 Bn | 12.43 Bn | 430.34 Mn | 0.44 |
| 8 | Rentokil Initial | 11.94 Bn | 6.46 Bn | - | - |
| 9 | Gartner | 11.90 Bn | 5.39 Bn | 1.07 Bn | 0.42 |
| 10 | Tetra Tech | 10.45 Bn | 9.56 Bn | 243.21 Mn | 0.18 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.21 |
| Jun 30, 2026 | 0.10 |
| 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 |
API Access
UL Solutions Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=ULS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "ULS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();