UL Solutions (ULS) Depreciation & Amortization (CF) (2023 - 2026)
UL Solutions (ULS) posted Depreciation & Amortization (CF) of $49 million for Q3 2026, up 6.5% from $46 million a year earlier and up 6.5% from the prior quarter.
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Analysis
UL Solutions (ULS) Depreciation & Amortization (CF) (2023 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Depreciation & Amortization (CF) at UL Solutions was $193 million, up 4.9% year-over-year; for FY2025, it came in at $188 million, up 9.3% from FY2024.
- Annual Depreciation & Amortization (CF) has increased for three consecutive years, with a three-year compound annual growth rate of 11.7% (FY2022 to FY2025).
- In prior years, UL Solutions' Depreciation & Amortization (CF) was $172 million in FY2024 (+11.7%), $154 million in FY2023 (+14.1%) and $135 million in FY2022.
- Quarterly Depreciation & Amortization (CF) has run from a low of $36 million in Q1 2023 to a high of $51 million in Q4 2025 over five years.
- On a year-over-year basis, Depreciation & Amortization (CF) increased in seven of the last eight quarters, with growth averaging 7.2%.
- Over the past five years, the year-over-year growth in Depreciation & Amortization (CF) ranged from 0.0% (Q2 2026) to 16.2% (Q3 2024).
- According to Business Quant data, Depreciation & Amortization (CF) for the three prior quarters was $46 million (Q2 2026), $47 million (Q1 2026) and $51 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 154.54 Bn | 112.46 Bn | 5.98 Bn | 603.41 Mn |
| 2 | Cintas | 91.35 Bn | 90.43 Bn | 1.55 Bn | 78.92 Mn |
| 3 | Iron Mountain | 33.36 Bn | 32.55 Bn | 1.06 Bn | 211.04 Mn |
| 4 | APi | 18.57 Bn | 15.79 Bn | 770.00 Mn | 21.00 Mn |
| 5 | Rollins | 18.46 Bn | 18.00 Bn | 582.90 Mn | 33.27 Mn |
| 6 | UL Solutions | 16.47 Bn | 14.50 Bn | 423.00 Mn | 49.00 Mn |
| 7 | Aramark | 14.03 Bn | 11.98 Bn | 430.34 Mn | 136.10 Mn |
| 8 | Rentokil Initial | 12.08 Bn | 5.60 Bn | - | - |
| 9 | Gartner | 12.05 Bn | 5.53 Bn | 1.07 Bn | 45.08 Mn |
| 10 | Booz Allen Hamilton Holding | 10.31 Bn | 7.82 Bn | 1.45 Bn | 51.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 49.00 Mn |
| Jun 30, 2026 | 46.00 Mn |
| Mar 31, 2026 | 47.00 Mn |
| Dec 31, 2025 | 51.00 Mn |
| Sep 30, 2025 | 46.00 Mn |
| Jun 30, 2025 | 46.00 Mn |
| Mar 31, 2025 | 45.00 Mn |
| Dec 31, 2024 | 47.00 Mn |
| Sep 30, 2024 | 43.00 Mn |
| Jun 30, 2024 | 41.00 Mn |
| Mar 31, 2024 | 41.00 Mn |
| Dec 31, 2023 | 43.00 Mn |
| Sep 30, 2023 | 37.00 Mn |
| Jun 30, 2023 | 38.00 Mn |
| Mar 31, 2023 | 36.00 Mn |
API Access
UL Solutions Depreciation & Amortization (CF) 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=depreciation-and-amortization-cf&ticker=ULS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "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=depreciation-and-amortization-cf&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();