UL Solutions (ULS) EBITDA Margin (2023 - 2026)

UL Solutions (ULS) reported EBITDA Margin of 18.21% for Q1 2026, up 274.0% on a YoY basis from 4.87% in Q1 2025, and up 21.73% sequentially from 14.96% in Q4 2025.

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

UL Solutions (ULS) has 4 years of EBITDA Margin data on file, last reported at 18.21% in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA Margin rose 274.0% year-over-year to 18.21%; the trailing twelve-month figure through Mar 2026 stood at 17.74% (up 122.0% YoY), and the FY2025 full-year result was 17.1%, up 100.0% from the prior year.
  • EBITDA Margin advanced to 18.21% in Q1 2026, from 14.96% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 19.92% in Q3 2025 to a low of 11.92% in Q1 2023.
  • A 4-year average of 15.79% and a median of 15.56% in 2024 frame the typical range for EBITDA Margin.
  • Across the five-year window, EBITDA Margin surged 462 bps in 2024 and plunged 61 bps in 2025, its largest moves.
  • Tracing ULS's EBITDA Margin over 4 years: stood at 12.57% in 2023, then rose by 24 bps to 15.56% in 2024, then slipped by 4 bps to 14.96% in 2025, then advanced by 22 bps to 18.21% in 2026.
  • Business Quant data shows ULS's EBITDA Margin at 18.21% in Q1 2026, 14.96% in Q4 2025, and 19.92% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Cintas 81.31 Bn 81.12 Bn 1.45 Bn 23.22%
2 Rentokil Initial 73.75 Bn 71.25 Bn - 7.67%
3 Relx 60.28 Bn 60.04 Bn - -
4 Thomson Reuters 38.09 Bn 37.23 Bn - 29.28%
5 Copart 25.18 Bn 21.85 Bn 732.88 Mn 37.53%
6 Global Payments 21.29 Bn 16.10 Bn 1.70 Bn -0.53%
7 Rb Global 20.33 Bn 20.14 Bn 927.90 Mn 17.62%
8 UL Solutions 17.42 Bn 17.18 Bn 381.00 Mn 18.21%
9 Aramark 15.00 Bn 14.59 Bn 426.39 Mn 4.48%
10 Amentum Holdings 5.37 Bn 5.04 Bn 345.00 Mn 4.34%

Historic Data

Download Data
DateValue
Mar 31, 2026 18.21%
Dec 31, 2025 14.96%
Sep 30, 2025 19.92%
Jun 30, 2025 17.91%
Mar 31, 2025 15.46%
Dec 31, 2024 15.56%
Sep 30, 2024 17.78%
Jun 30, 2024 17.26%
Mar 31, 2024 13.58%
Dec 31, 2023 12.57%
Sep 30, 2023 13.17%
Jun 30, 2023 16.98%
Mar 31, 2023 11.92%