UL Solutions (ULS) EBITDA (2023 - 2026)
UL Solutions (ULS) posted EBITDA of $138.0 million for Q1 2026, up 16.95% sequentially from $118.0 million in Q4 2025, and up 26.61% YoY from $109.0 million in Q1 2025.
UL Solutions (ULS) EBITDA (2023 - 2026) Analysis & Trends
UL Solutions has reported EBITDA for 4 years, with the latest figure at $138.0 million in Q1 2026.
- Quarterly EBITDA rose 26.61% year-over-year to $138.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $551.0 million (up 14.79% YoY) and the FY2025 annual result came in at $522.0 million, up 12.99% from the prior year.
- EBITDA improved to $138.0 million in Q1 2026 per ULS's latest filing, from $118.0 million in the prior quarter.
- Over five years, EBITDA peaked at $156.0 million in Q3 2025 and troughed at $75.0 million in Q1 2023.
- A 4-year average of $114.5 million and a median of $117.0 million in 2023 frame the typical range for EBITDA.
- The sharpest annual moves came in 2024 and 2025: EBITDA surged 46.07% in 2024, then grew 2.61% in 2025.
- Over 4 years, EBITDA stood at $86.0 million in 2023, then jumped by 33.72% to $115.0 million in 2024, then rose by 2.61% to $118.0 million in 2025, then climbed by 16.95% to $138.0 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered $138.0 million, $118.0 million, and $156.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | 673.04 Mn |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | 464.28 Mn |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | 337.12 Mn |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 224.80 Mn |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 215.59 Mn |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 150.00 Mn |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | 34.32 Mn |
| 10 | Unifirst | 5.23 Bn | 5.06 Bn | 234.73 Mn | 23.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 150.00 Mn |
| Mar 31, 2026 | 138.00 Mn |
| Dec 31, 2025 | 118.00 Mn |
| Sep 30, 2025 | 156.00 Mn |
| Jun 30, 2025 | 139.00 Mn |
| Mar 31, 2025 | 109.00 Mn |
| Dec 31, 2024 | 115.00 Mn |
| Sep 30, 2024 | 130.00 Mn |
| Jun 30, 2024 | 126.00 Mn |
| Mar 31, 2024 | 91.00 Mn |
| Dec 31, 2023 | 86.00 Mn |
| Sep 30, 2023 | 89.00 Mn |
| Jun 30, 2023 | 117.00 Mn |
| Mar 31, 2023 | 75.00 Mn |