UL Solutions (ULS) EBITDA (2023 - 2026)
UL Solutions' (ULS) quarterly EBITDA came in at $150.0 million in Q2 2026, up 7.91% year-over-year from $139.0 million in Q2 2025, and up 8.7% quarter-over-quarter from $138.0 million in Q1 2026.
Analysis
UL Solutions (ULS) EBITDA (2023 - 2026) Analysis & Trends
UL Solutions has disclosed EBITDA across 4 years of filings, most recently posting $150.0 million for Q2 2026.
- In Q2 2026, EBITDA rose 7.91% year-over-year to $150.0 million; the TTM figure through Jun 2026 stood at $562.0 million (up 14.0% YoY), while the FY2025 annual figure was $522.0 million, up 12.99% from the prior year.
- EBITDA came in at $150.0 million for Q2 2026 at UL Solutions, up from $138.0 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $156.0 million in Q3 2025 to a low of $75.0 million in Q1 2023.
- Average EBITDA over 4 years is $117.1 million, with a median of $117.5 million recorded in 2023.
- Year-over-year, EBITDA jumped 46.07% in 2024 and climbed 2.61% in 2025.
- Over 4 years, EBITDA stood at $86.0 million in 2023, then surged by 33.72% to $115.0 million in 2024, then grew by 2.61% to $118.0 million in 2025, then climbed by 27.12% to $150.0 million in 2026.
- Per Business Quant data, the three most recent EBITDA figures were $150.0 million in Q2 2026, $138.0 million in Q1 2026, and $118.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 107.93 Bn | 97.76 Bn | 6.13 Bn | 3.18 Bn |
| 2 | UL Solutions | 14.72 Bn | 14.29 Bn | 417.00 Mn | 150.00 Mn |
| 3 | Gartner | 11.25 Bn | 9.76 Bn | 1.19 Bn | 403.67 Mn |
| 4 | Tetra Tech | 9.17 Bn | 8.94 Bn | 243.21 Mn | 163.63 Mn |
| 5 | Booz Allen Hamilton Holding | 8.68 Bn | 8.14 Bn | 1.46 Bn | 279.00 Mn |
| 6 | Genpact | 5.90 Bn | 5.38 Bn | 490.34 Mn | 192.94 Mn |
| 7 | Fti Consulting | 4.32 Bn | 4.15 Bn | 316.27 Mn | 85.02 Mn |
| 8 | Korn Ferry | 4.16 Bn | 3.02 Bn | 685.99 Mn | 101.52 Mn |
| 9 | Grand Canyon Education | 3.92 Bn | 3.65 Bn | 204.08 Mn | 58.15 Mn |
| 10 | Exponent | 3.28 Bn | 3.21 Bn | 158.75 Mn | 28.02 Mn |
Historic Data
Download Data
Historic 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 |