UL Solutions (ULS) EBT Margin (2023 - 2026)
UL Solutions' EBT Margin was 19.44% in Q3 2026, up 0.79 percentage points from 18.65% a year earlier but down 21.98 percentage points from the prior quarter.
UL Solutions (ULS) EBT Margin (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, UL Solutions' EBT Margin was 22.98% through Sep 30, 2026, up 7.76 percentage points year-over-year; for FY2025, it came in at 15.39%, up 0.93 percentage points from FY2024.
- EBT Margin shows a three-year change of +0.20 percentage points (FY2022 to FY2025).
- In earlier years, EBT Margin was 14.46% in FY2024 (+1.54 pp), 12.92% in FY2023 (-2.28 pp) and 15.20% in FY2022.
- Quarterly EBT Margin has moved between 10.90% (Q1 2024) and 41.42% (Q2 2026) over five years.
- Compared with a year earlier, EBT Margin has increased for five straight quarters, with an average year-over-year change of +4.31 percentage points over the last eight quarters.
- The best year-over-year quarter for EBT Margin over five years was Q2 2026 (a gain of 25.31 percentage points); the worst was Q2 2025 (a drop of 2.25 percentage points).
- Per Business Quant data, ULS's EBT Margin in the three quarters before Q3 2026 was 41.42% (Q2 2026), 17.02% (Q1 2026) and 13.31% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 155.01 Bn | 112.94 Bn | 5.98 Bn | 14.98% |
| 2 | Cintas | 91.35 Bn | 90.43 Bn | 1.55 Bn | 22.89% |
| 3 | Iron Mountain | 33.36 Bn | 32.55 Bn | 1.06 Bn | 9.32% |
| 4 | APi | 18.58 Bn | 15.80 Bn | 770.00 Mn | 6.07% |
| 5 | Rollins | 18.48 Bn | 18.03 Bn | 582.90 Mn | 19.51% |
| 6 | UL Solutions | 16.47 Bn | 14.50 Bn | 423.00 Mn | 19.44% |
| 7 | Aramark | 14.06 Bn | 12.00 Bn | 430.34 Mn | 2.68% |
| 8 | Rentokil Initial | 12.08 Bn | 5.60 Bn | - | - |
| 9 | Gartner | 12.05 Bn | 5.53 Bn | 1.07 Bn | 16.99% |
| 10 | Booz Allen Hamilton Holding | 10.29 Bn | 7.81 Bn | 1.45 Bn | 7.16% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.44% |
| Jun 30, 2026 | 41.42% |
| 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% |
UL Solutions EBT 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=ebt-margin&ticker=ULS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();