UL Solutions (ULS) EBITDA Margin (2023 - 2026)
UL Solutions' EBITDA Margin was 25.64% in Q3 2026, down 0.16 percentage points from 25.80% a year earlier but up 1.62 percentage points from the prior quarter.
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Analysis
UL Solutions (ULS) EBITDA Margin (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, UL Solutions' EBITDA Margin was 23.89% through Sep 30, 2026, up 0.48 percentage points year-over-year; for FY2025, it came in at 23.26%, up 1.17 percentage points from FY2024.
- EBITDA Margin shows a three-year change of +1.55 percentage points (FY2022 to FY2025).
- In earlier years, EBITDA Margin was 22.09% in FY2024 (+2.60 pp), 19.49% in FY2023 (-2.21 pp) and 21.71% in FY2022.
- Quarterly EBITDA Margin has moved between 17.65% (Q1 2023) and 25.80% (Q3 2025) over five years.
- Compared with a year earlier, EBITDA Margin was higher in six of the last eight quarters, with an average year-over-year change of +1.30 percentage points.
- The best year-over-year quarter for EBITDA Margin over five years was Q3 2024 (a gain of 5.03 percentage points); the worst was Q4 2025 (a drop of 0.50 percentage points).
- Per Business Quant data, ULS's EBITDA Margin in the three quarters before Q3 2026 was 24.02% (Q2 2026), 24.41% (Q1 2026) and 21.42% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 172.92 Bn | 132.01 Bn | 5.98 Bn | 18.56% |
| 2 | Cintas | 90.00 Bn | 89.09 Bn | 1.55 Bn | 27.84% |
| 3 | Iron Mountain | 32.99 Bn | 32.50 Bn | 1.06 Bn | 35.75% |
| 4 | Rollins | 18.37 Bn | 17.91 Bn | 582.90 Mn | 23.51% |
| 5 | APi | 18.18 Bn | 15.39 Bn | 770.00 Mn | 11.98% |
| 6 | UL Solutions | 16.47 Bn | 14.51 Bn | 423.00 Mn | 25.64% |
| 7 | Aramark | 14.29 Bn | 12.30 Bn | 430.34 Mn | 6.95% |
| 8 | Rentokil Initial | 11.99 Bn | 5.51 Bn | - | - |
| 9 | Gartner | 11.92 Bn | 5.41 Bn | 1.07 Bn | 21.76% |
| 10 | Tetra Tech | 10.41 Bn | 9.52 Bn | 243.21 Mn | 13.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.64% |
| Jun 30, 2026 | 24.02% |
| Mar 31, 2026 | 24.41% |
| Dec 31, 2025 | 21.42% |
| Sep 30, 2025 | 25.80% |
| Jun 30, 2025 | 23.84% |
| Mar 31, 2025 | 21.84% |
| Dec 31, 2024 | 21.92% |
| Sep 30, 2024 | 23.67% |
| Jun 30, 2024 | 22.88% |
| Mar 31, 2024 | 19.70% |
| Dec 31, 2023 | 18.86% |
| Sep 30, 2023 | 18.64% |
| Jun 30, 2023 | 22.50% |
| Mar 31, 2023 | 17.65% |
API Access
UL Solutions EBITDA Margin 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-margin&ticker=ULS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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-margin&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();