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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

UL Solutions (ULS) Debt to Equity (2023 - 2026)

Quarterly results put Debt to Equity at $0.27 for Q1 2026, down 59.73% from a year ago — trailing twelve months through Mar 2026 was $0.27 (down 59.73% YoY), and the annual figure for FY2025 was $0.39, down 51.18%.

UL Solutions has reported Debt to Equity over the past 4 years, most recently at $0.27 for Q1 2026.

  • Debt to Equity reached $0.27 in Q1 2026 per ULS's latest filing, down from $0.39 in the prior quarter.
  • Across five years, Debt to Equity topped out at $1.33 in Q4 2023 and bottomed at $0.27 in Q1 2026.
  • Median Debt to Equity over the past 4 years was $0.73 (2024), compared with a mean of $0.76.
  • The largest annual shift saw Debt to Equity tumbled 40.23% in 2024 before it plummeted 59.73% in 2026.
  • Over 4 years, Debt to Equity stood at $1.33 in 2023, then plummeted by 40.23% to $0.8 in 2024, then crashed by 51.18% to $0.39 in 2025, then crashed by 31.32% to $0.27 in 2026.
  • Business Quant data shows Debt to Equity for ULS at $0.27 in Q1 2026, $0.39 in Q4 2025, and $0.46 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Relx 81.40 Bn 81.16 Bn - 0.00
2 Rentokil Initial 79.56 Bn 78.10 Bn - 1.01
3 Cintas 69.26 Bn 69.08 Bn 1.45 Bn 0.55
4 Copart 33.09 Bn 28.01 Bn 971.24 Mn -
5 UL Solutions 20.56 Bn 20.32 Bn 381.00 Mn 0.27
6 Global Payments 19.88 Bn 14.69 Bn 1.70 Bn 0.92
7 Rb Global 19.08 Bn 18.89 Bn 869.50 Mn 0.45
8 Aramark 13.57 Bn 13.16 Bn 426.35 Mn 1.86
9 Amentum Holdings 5.65 Bn 5.74 Bn 345.00 Mn 0.83
10 Dolby Laboratories 5.15 Bn 4.56 Bn 350.90 Mn -

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 0.27
Dec 31, 2025 0.39
Sep 30, 2025 0.46
Jun 30, 2025 0.55
Mar 31, 2025 0.66
Dec 31, 2024 0.80
Sep 30, 2024 0.89
Jun 30, 2024 1.00
Mar 31, 2024 1.27
Dec 31, 2023 1.33