UL Solutions ULS
NYSE ULS
$74.67 -0.59 (-0.78%)
As of: Aug 21, 2026 · 11:36 AM EDT

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

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

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

UL Solutions has reported EBITDA Margin for 4 years, with the latest figure at 18.21% in Q1 2026.

  • Quarterly EBITDA Margin rose 274.0% year-over-year to 18.21% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 17.74% (up 122.0% YoY) and the FY2025 annual result came in at 17.1%, up 100.0% from the prior year.
  • EBITDA Margin advanced to 18.21% in Q1 2026 per ULS's latest filing, from 14.96% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 19.92% in Q3 2025 and troughed at 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.
  • The sharpest annual moves came in 2024 and 2025: EBITDA Margin jumped 462 bps in 2024, then slumped 61 bps in 2025.
  • Over 4 years, EBITDA Margin stood at 12.57% in 2023, then climbed by 24 bps to 15.56% in 2024, then fell by 4 bps to 14.96% in 2025, then increased by 22 bps to 18.21% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 18.21%, 14.96%, and 19.92% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Cintas 81.91 Bn 81.63 Bn 1.48 Bn 23.17%
2 Relx 65.78 Bn 65.61 Bn - -
3 Copart 32.05 Bn 28.70 Bn 732.88 Mn 37.53%
4 Global Payments 25.43 Bn 20.02 Bn 2.03 Bn 10.15%
5 Rb Global 16.16 Bn 15.64 Bn 935.50 Mn 17.07%
6 Aramark 15.63 Bn 15.13 Bn 430.34 Mn 4.26%
7 UL Solutions 15.08 Bn 14.65 Bn 417.00 Mn 18.38%
8 Rentokil Initial 11.92 Bn 9.40 Bn - -
9 Dolby Laboratories 6.15 Bn 5.48 Bn 264.68 Mn 11.25%
10 Unifirst 5.27 Bn 5.10 Bn 234.73 Mn 3.63%

Historic Data

Download Data
DateValue
Jun 30, 2026 18.38%
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%