UL Solutions (ULS) Debt Ratio (2023 - 2026)

UL Solutions (ULS) reported Debt Ratio of 0.12 for Q1 2026, down 46.75% on a YoY basis from 0.23 in Q1 2025, and down 28.13% sequentially from 0.17 in Q4 2025.

UL Solutions (ULS) Debt Ratio (2023 - 2026) Analysis & Trends

UL Solutions (ULS) has 4 years of Debt Ratio data on file, last reported at 0.12 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 46.75% year-over-year to 0.12; the trailing twelve-month figure through Mar 2026 stood at 0.12 (down 46.75% YoY), and the FY2025 full-year result was 0.17, down 40.57% from the prior year.
  • Debt Ratio fell to 0.12 in Q1 2026, 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.
  • A 4-year average of 0.24 and a median of 0.25 in 2024 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio retreated 14.39% in 2024 and tumbled 46.75% in 2026, its largest moves.
  • Tracing ULS's Debt Ratio over 4 years: stood at 0.33 in 2023, then dropped by 14.39% to 0.28 in 2024, then plunged by 40.57% to 0.17 in 2025, then declined by 28.13% to 0.12 in 2026.
  • Business Quant data shows ULS's Debt Ratio at 0.12 in Q1 2026, 0.17 in Q4 2025, and 0.19 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Cintas 82.43 Bn 82.25 Bn 1.45 Bn 0.26
2 Rentokil Initial 71.81 Bn 69.31 Bn - 71.37
3 Relx 63.28 Bn 63.04 Bn - -
4 Thomson Reuters 40.35 Bn 39.49 Bn - -0.05
5 Copart 26.32 Bn 22.97 Bn 732.88 Mn -
6 Global Payments 22.09 Bn 16.23 Bn 1.70 Bn 0.35
7 Rb Global 20.79 Bn 20.60 Bn 927.90 Mn 0.19
8 UL Solutions 17.26 Bn 17.01 Bn 381.00 Mn 0.12
9 Aramark 15.08 Bn 14.60 Bn 426.39 Mn 0.44
10 Amentum Holdings 5.52 Bn 5.10 Bn 345.00 Mn 0.35

Historic Data

Download Data
DateValue
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 0.28
Sep 30, 2024 0.28
Jun 30, 2024 0.29
Mar 31, 2024 0.31
Dec 31, 2023 0.33