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| Date | Value |
|---|---|
| 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% |