UL Solutions (ULS) EBITDA (2023 - 2026)

UL Solutions (ULS) reported EBITDA of $138.0 million for Q1 2026, up 26.61% on a YoY basis from $109.0 million in Q1 2025, and up 16.95% sequentially from $118.0 million in Q4 2025.

UL Solutions (ULS) EBITDA (2023 - 2026) Analysis & Trends

UL Solutions (ULS) has 4 years of EBITDA data on file, last reported at $138.0 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA rose 26.61% year-over-year to $138.0 million; the trailing twelve-month figure through Mar 2026 stood at $551.0 million (up 14.79% YoY), and the FY2025 full-year result was $522.0 million, up 12.99% from the prior year.
  • EBITDA improved to $138.0 million in Q1 2026, from $118.0 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.
  • A 4-year average of $114.5 million and a median of $117.0 million in 2023 frame the typical range for EBITDA.
  • Across the five-year window, EBITDA soared 46.07% in 2024 and advanced 2.61% in 2025, its largest moves.
  • Tracing ULS's EBITDA over 4 years: stood at $86.0 million in 2023, then jumped by 33.72% to $115.0 million in 2024, then climbed by 2.61% to $118.0 million in 2025, then rose by 16.95% to $138.0 million in 2026.
  • Business Quant data shows ULS's EBITDA at $138.0 million in Q1 2026, $118.0 million in Q4 2025, and $156.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Cintas 81.31 Bn 81.12 Bn 1.45 Bn 659.90 Mn
2 Rentokil Initial 73.75 Bn 71.25 Bn - 510.00 Mn
3 Relx 60.28 Bn 60.04 Bn - -
4 Thomson Reuters 38.09 Bn 37.23 Bn - 611.00 Mn
5 Copart 25.18 Bn 21.85 Bn 732.88 Mn 464.28 Mn
6 Global Payments 21.29 Bn 16.10 Bn 1.70 Bn -15.65 Mn
7 Rb Global 20.33 Bn 20.14 Bn 927.90 Mn 217.50 Mn
8 UL Solutions 17.42 Bn 17.18 Bn 381.00 Mn 138.00 Mn
9 Aramark 15.00 Bn 14.59 Bn 426.39 Mn 219.75 Mn
10 Amentum Holdings 5.37 Bn 5.04 Bn 345.00 Mn 151.00 Mn

Historic Data

Download Data
DateValue
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