UL Solutions (ULS) EV to FCF (2024 - 2026)
UL Solutions' (ULS) quarterly EV to FCF came in at 221.61 in Q2 2026, up 61.67% year-over-year from 137.07 in Q2 2025, and up 95.69% quarter-over-quarter from 113.24 in Q1 2026.
Analysis
UL Solutions (ULS) EV to FCF (2024 - 2026) Analysis & Trends
UL Solutions has disclosed EV to FCF across 3 years of filings, most recently posting 221.61 for Q2 2026.
- In Q2 2026, EV to FCF rose 61.67% year-over-year to 221.61; the TTM figure through Jun 2026 stood at 46.25 (up 16.98% YoY), while the FY2025 annual figure was 38.68, up 14.3% from the prior year.
- EV to FCF came in at 221.61 for Q2 2026 at UL Solutions, up from 113.24 in the prior quarter.
- In the past five years, EV to FCF ranged from a high of 221.61 in Q2 2026 to a low of 107.06 in Q1 2025.
- Average EV to FCF over 3 years is 145.68, with a median of 134.91 recorded in 2024.
- Year-over-year, EV to FCF dropped 21.05% in 2025 and jumped 61.67% in 2026.
- Over 3 years, EV to FCF stood at 134.91 in 2024, then jumped by 34.37% to 181.28 in 2025, then grew by 22.25% to 221.61 in 2026.
- Per Business Quant data, the three most recent EV to FCF figures were 221.61 in Q2 2026, 113.24 in Q1 2026, and 181.28 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Accenture | 124.62 Bn | 115.58 Bn | 6.13 Bn |
| 2 | UL Solutions | 14.92 Bn | 14.51 Bn | 417.00 Mn |
| 3 | Gartner | 11.76 Bn | 10.28 Bn | 1.19 Bn |
| 4 | Tetra Tech | 9.19 Bn | 8.96 Bn | 243.21 Mn |
| 5 | Booz Allen Hamilton Holding | 8.76 Bn | 8.22 Bn | 1.46 Bn |
| 6 | Genpact | 6.27 Bn | 5.75 Bn | 490.34 Mn |
| 7 | Korn Ferry | 4.28 Bn | 3.15 Bn | 685.99 Mn |
| 8 | Fti Consulting | 4.20 Bn | 4.04 Bn | 316.27 Mn |
| 9 | Grand Canyon Education | 4.01 Bn | 3.73 Bn | 204.08 Mn |
| 10 | Exponent | 3.25 Bn | 3.18 Bn | 158.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 221.61 |
| Mar 31, 2026 | 113.24 |
| Dec 31, 2025 | 181.28 |
| Sep 30, 2025 | 128.58 |
| Jun 30, 2025 | 137.07 |
| Mar 31, 2025 | 107.06 |
| Dec 31, 2024 | 134.91 |
| Sep 30, 2024 | 113.78 |
| Jun 30, 2024 | 173.62 |