UL Solutions (ULS) EV to CFO (2024 - 2026)
UL Solutions' EV to CFO came in at 16.65 for Q3 2026, down 30.4% from 23.92 a year earlier and down 44.0% from the prior quarter.
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Analysis
UL Solutions (ULS) EV to CFO (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, UL Solutions reported EV to CFO of 15.31, down 31.9% year-over-year; for FY2025, it came in at 25.98, up 40.2% from FY2024.
- Going back by year, EV to CFO was 18.54 in FY2024.
- The Q3 2026 figure represents the lowest quarterly EV to CFO since Q2 2024.
- Year-over-year, EV to CFO increased in five of the last six quarters, with growth averaging 22.2%.
- Business Quant data shows ULS's EV to CFO at 29.74 (Q2 2026), 25.54 (Q1 2026) and 25.98 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Accenture | 153.56 Bn | 111.49 Bn | 5.98 Bn |
| 2 | Cintas | 88.59 Bn | 87.67 Bn | 1.55 Bn |
| 3 | Iron Mountain | 33.27 Bn | 32.47 Bn | 1.06 Bn |
| 4 | APi | 18.49 Bn | 15.70 Bn | 770.00 Mn |
| 5 | Rollins | 18.05 Bn | 17.59 Bn | 582.90 Mn |
| 6 | UL Solutions | 16.33 Bn | 14.33 Bn | 423.00 Mn |
| 7 | Aramark | 14.48 Bn | 12.43 Bn | 430.34 Mn |
| 8 | Rentokil Initial | 11.94 Bn | 6.46 Bn | - |
| 9 | Gartner | 11.90 Bn | 5.39 Bn | 1.07 Bn |
| 10 | Tetra Tech | 10.45 Bn | 9.56 Bn | 243.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.65 |
| Jun 30, 2026 | 29.74 |
| Mar 31, 2026 | 25.54 |
| Dec 31, 2025 | 25.98 |
| Sep 30, 2025 | 23.92 |
| Jun 30, 2025 | 24.77 |
| Mar 31, 2025 | 20.53 |
| Dec 31, 2024 | 18.54 |
| Sep 30, 2024 | 18.38 |
| Jun 30, 2024 | 16.62 |
API Access
UL Solutions EV to CFO 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=ev-to-cfo&ticker=ULS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();