UL Solutions (ULS) EBITDA (2023 - 2026)
UL Solutions (ULS) reported EBITDA of $211 million for Q3 2026, up 4.5% from $202 million a year earlier and up 7.7% from the prior quarter.
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Analysis
UL Solutions (ULS) EBITDA (2023 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, UL Solutions' EBITDA came in at $761 million, up 8.3% year-over-year; for FY2025, it came in at $710 million, up 12.0% from FY2024.
- EBITDA has a three-year compound annual growth rate of 9.1% (FY2022 to FY2025).
- By year, EBITDA came in at $634 million in FY2024 (+21.5%), $522 million in FY2023 (-4.6%) and $547 million in FY2022.
- The Q3 2026 figure ranks as the highest quarterly EBITDA in data going back to Q1 2023.
- Year over year, EBITDA has now increased in each of the last 11 quarters, with growth averaging 13.1% over the last eight quarters.
- The year-over-year growth in EBITDA has ranged between 4.3% (Q4 2025) and 37.3% (Q3 2024) over the last five years.
- Per Business Quant data, the three quarters before Q3 2026 came in at $196 million (Q2 2026), $185 million (Q1 2026) and $169 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 153.56 Bn | 111.49 Bn | 5.98 Bn | 3.47 Bn |
| 2 | Cintas | 88.59 Bn | 87.67 Bn | 1.55 Bn | 839.21 Mn |
| 3 | Iron Mountain | 33.27 Bn | 32.47 Bn | 1.06 Bn | 711.62 Mn |
| 4 | APi | 18.49 Bn | 15.70 Bn | 770.00 Mn | 306.00 Mn |
| 5 | Rollins | 18.05 Bn | 17.59 Bn | 582.90 Mn | 256.13 Mn |
| 6 | UL Solutions | 16.33 Bn | 14.33 Bn | 423.00 Mn | 211.00 Mn |
| 7 | Aramark | 14.48 Bn | 12.43 Bn | 430.34 Mn | 351.69 Mn |
| 8 | Rentokil Initial | 11.94 Bn | 6.46 Bn | - | - |
| 9 | Gartner | 11.90 Bn | 5.39 Bn | 1.07 Bn | 327.51 Mn |
| 10 | Tetra Tech | 10.45 Bn | 9.56 Bn | 243.21 Mn | 172.69 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 211.00 Mn |
| Jun 30, 2026 | 196.00 Mn |
| Mar 31, 2026 | 185.00 Mn |
| Dec 31, 2025 | 169.00 Mn |
| Sep 30, 2025 | 202.00 Mn |
| Jun 30, 2025 | 185.00 Mn |
| Mar 31, 2025 | 154.00 Mn |
| Dec 31, 2024 | 162.00 Mn |
| Sep 30, 2024 | 173.00 Mn |
| Jun 30, 2024 | 167.00 Mn |
| Mar 31, 2024 | 132.00 Mn |
| Dec 31, 2023 | 129.00 Mn |
| Sep 30, 2023 | 126.00 Mn |
| Jun 30, 2023 | 155.00 Mn |
| Mar 31, 2023 | 111.00 Mn |
API Access
UL Solutions EBITDA 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=ebitda&ticker=ULS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();