UL Solutions (ULS) EV to EBITDA (2024 - 2026)
UL Solutions' (ULS) EV to EBITDA was 16.15 for Q3 2026, down 19.0% from 19.94 a year earlier and down 39.8% from the prior quarter.
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Analysis
UL Solutions (ULS) EV to EBITDA (2024 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, UL Solutions' EV to EBITDA came in at 14.85, down 20.8% year-over-year; for FY2025, it came in at 21.96, up 43.3% from FY2024.
- By year, EV to EBITDA came in at 15.32 in FY2024.
- The Q3 2026 figure ranks as the lowest quarterly EV to EBITDA since Q4 2024.
- Year over year, EV to EBITDA gained in five of the last six quarters, with growth averaging 26.1%.
- Per Business Quant data, the three quarters before Q3 2026 came in at 26.82 (Q2 2026), 22.92 (Q1 2026) and 21.96 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Accenture | 156.49 Bn | 114.42 Bn | 5.98 Bn |
| 2 | Cintas | 89.36 Bn | 88.45 Bn | 1.55 Bn |
| 3 | Iron Mountain | 33.13 Bn | 32.33 Bn | 1.06 Bn |
| 4 | Rollins | 18.53 Bn | 18.08 Bn | 582.90 Mn |
| 5 | APi | 18.33 Bn | 15.55 Bn | 770.00 Mn |
| 6 | UL Solutions | 16.46 Bn | 14.45 Bn | 423.00 Mn |
| 7 | Aramark | 14.43 Bn | 12.37 Bn | 430.34 Mn |
| 8 | Gartner | 12.19 Bn | 5.67 Bn | 1.07 Bn |
| 9 | Rentokil Initial | 12.05 Bn | 5.56 Bn | - |
| 10 | Tetra Tech | 10.60 Bn | 9.71 Bn | 243.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.15 |
| Jun 30, 2026 | 26.82 |
| Mar 31, 2026 | 22.92 |
| Dec 31, 2025 | 21.96 |
| Sep 30, 2025 | 19.94 |
| Jun 30, 2025 | 21.35 |
| Mar 31, 2025 | 16.81 |
| Dec 31, 2024 | 15.32 |
| Sep 30, 2024 | 15.90 |
| Jun 30, 2024 | 14.73 |
API Access
UL Solutions EV to EBITDA 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-ebitda&ticker=ULS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();