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

UL Solutions' (ULS) quarterly EBT Margin came in at 17.02% in Q1 2026, up 369.0% year-on-year from 3.63% in Q1 2025, and up 27.88% quarter-over-quarter from 13.31% in Q4 2025.

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

UL Solutions has disclosed EBT Margin across 4 years of filings, most recently posting 17.02% for Q1 2026.

  • EBT Margin for Q1 2026 came in at 17.02%, up 369.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.26% (up 125.0% YoY), and the FY2025 annual result was 15.39%, up 93.0% from the prior year.
  • EBT Margin came in at 17.02% for Q1 2026 at UL Solutions, up from 13.31% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 18.65% in Q3 2025 to a low of 10.9% in Q1 2024.
  • The 4-year median for EBT Margin is 13.33% (2025), against an average of 14.42%.
  • Across the five-year window, EBT Margin jumped 477 bps in 2024 and tumbled 225 bps in 2025, its largest moves.
  • UL Solutions' EBT Margin stood at 11.55% in 2023, then gained by 8 bps to 12.45% in 2024, then increased by 7 bps to 13.31% in 2025, then gained by 28 bps to 17.02% in 2026.
  • The last three EBT Margin figures came in at 17.02% (Q1 2026), 13.31% (Q4 2025), and 18.65% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Cintas 70.95 Bn 70.77 Bn 1.45 Bn 22.26%
2 Copart 29.43 Bn 26.09 Bn 1.08 Bn 40.59%
3 Rb Global 20.04 Bn 19.85 Bn 869.50 Mn 14.03%
4 UL Solutions 19.54 Bn 19.30 Bn 381.00 Mn 17.02%
5 Global Payments 18.52 Bn 13.33 Bn 1.70 Bn -7.56%
6 Aramark 14.28 Bn 13.87 Bn 426.35 Mn 2.80%
7 Relx 11.84 Bn 11.60 Bn - -
8 Amentum Holdings 5.58 Bn 5.67 Bn 345.00 Mn 2.24%
9 Dolby Laboratories 5.00 Bn 4.42 Bn 350.90 Mn 30.26%
10 Unifirst 4.79 Bn 4.63 Bn 218.82 Mn 4.39%

Historic Data

Download Data
DateValue
Mar 31, 2026 17.02%
Dec 31, 2025 13.31%
Sep 30, 2025 18.65%
Jun 30, 2025 16.11%
Mar 31, 2025 13.33%
Dec 31, 2024 12.45%
Sep 30, 2024 15.87%
Jun 30, 2024 18.36%
Mar 31, 2024 10.90%
Dec 31, 2023 11.55%
Sep 30, 2023 11.09%
Jun 30, 2023 17.42%
Mar 31, 2023 11.45%