UL Solutions (ULS) Dividend Coverage Ratio (2023 - 2026)
UL Solutions' (ULS) Dividend Coverage Ratio was 8.48 for Q2 2026, up 142.4% from 3.50 a year earlier and up 167.4% from the prior quarter.
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Analysis
UL Solutions (ULS) Dividend Coverage Ratio (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, UL Solutions' Dividend Coverage Ratio came in at 4.59, up 43.2% year-over-year; for FY2025, it was 3.13, down 4.1% from FY2024.
- By year, Dividend Coverage Ratio came in at 3.26 in FY2024 (+752.6%), 0.38 in FY2023 (+108.8%) and 0.18 in FY2022.
- The Q2 2026 figure ranks as the highest quarterly Dividend Coverage Ratio in data going back to Q1 2023.
- Year over year, Dividend Coverage Ratio gained in five of the last seven quarters, with growth averaging 27.0%.
- The high point for year-over-year Dividend Coverage Ratio in five years was Q2 2026 (growth of 142.4%); the low point was Q4 2025 (a decline of 20.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 3.17 (Q1 2026), 2.58 (Q4 2025) and 3.85 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 116.45 Bn | 76.86 Bn | 6.13 Bn | 2.35 |
| 2 | Cintas | 80.26 Bn | 79.45 Bn | 1.48 Bn | 2.83 |
| 3 | Iron Mountain | 33.05 Bn | 32.57 Bn | 1.07 Bn | 0.39 |
| 4 | APi | 16.57 Bn | 13.61 Bn | 703.00 Mn | - |
| 5 | Rollins | 14.72 Bn | 14.26 Bn | 569.95 Mn | 1.63 |
| 6 | Aramark | 14.30 Bn | 12.32 Bn | 430.34 Mn | 3.09 |
| 7 | UL Solutions | 13.09 Bn | 11.87 Bn | 417.00 Mn | 8.48 |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | - |
| 9 | Rentokil Initial | 10.36 Bn | 3.71 Bn | - | - |
| 10 | Tetra Tech | 8.68 Bn | 7.79 Bn | 243.21 Mn | 5.88 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.48 |
| Mar 31, 2026 | 3.17 |
| Dec 31, 2025 | 2.58 |
| Sep 30, 2025 | 3.85 |
| Jun 30, 2025 | 3.50 |
| Mar 31, 2025 | 2.58 |
| Dec 31, 2024 | 3.24 |
| Sep 30, 2024 | 3.52 |
| Jun 30, 2024 | 4.04 |
| Mar 31, 2024 | 2.24 |
| Dec 31, 2023 | 0.09 |
| Sep 30, 2023 | 2.65 |
| Jun 30, 2023 | 4.70 |
| Mar 31, 2023 | 2.75 |
API Access
UL Solutions Dividend Coverage 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=dividend-coverage-ratio&ticker=ULS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-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=dividend-coverage-ratio&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();