UL Solutions (ULS) FCF Margin (2023 - 2026)
UL Solutions (ULS) reported FCF Margin of 23.48% for Q1 2026, up 887.0% on a YoY basis from 2.38% in Q1 2025, and up 50.63% sequentially from 15.59% in Q4 2025.
UL Solutions (ULS) FCF Margin (2023 - 2026) Analysis & Trends
UL Solutions (ULS) has 4 years of FCF Margin data on file, last reported at 23.48% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 887.0% year-over-year to 23.48%; the trailing twelve-month figure through Mar 2026 stood at 19.99% (up 361.0% YoY), and the FY2025 full-year result was 17.88%, up 112.0% from the prior year.
- FCF Margin rose to 23.48% in Q1 2026, from 15.59% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 30.92% in Q3 2023 to a low of 9.36% in Q4 2023.
- A 4-year average of 15.44% and a median of 15.59% in 2025 frame the typical range for FCF Margin.
- Peak annual rise in FCF Margin reached 2492 bps in 2024, while the deepest fall reached 1012 bps in 2024.
- Tracing ULS's FCF Margin over 4 years: stood at 9.36% in 2023, then surged by 266 bps to 15.56% in 2024, then gained by 0 bps to 15.59% in 2025, then jumped by 51 bps to 23.48% in 2026.
- Business Quant data shows ULS's FCF Margin at 23.48% in Q1 2026, 15.59% in Q4 2025, and 27.46% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 82.43 Bn | 82.25 Bn | 1.45 Bn | 18.67% |
| 2 | Rentokil Initial | 71.81 Bn | 69.31 Bn | - | - |
| 3 | Relx | 63.28 Bn | 63.04 Bn | - | - |
| 4 | Thomson Reuters | 40.35 Bn | 39.49 Bn | - | 31.67% |
| 5 | Copart | 26.32 Bn | 22.97 Bn | 732.88 Mn | 40.69% |
| 6 | Global Payments | 22.09 Bn | 16.23 Bn | 1.70 Bn | -18.53% |
| 7 | Rb Global | 20.79 Bn | 20.60 Bn | 927.90 Mn | 13.98% |
| 8 | UL Solutions | 17.26 Bn | 17.01 Bn | 381.00 Mn | 23.48% |
| 9 | Aramark | 15.08 Bn | 14.60 Bn | 426.39 Mn | 6.09% |
| 10 | Amentum Holdings | 5.52 Bn | 5.10 Bn | 345.00 Mn | 6.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.48% |
| Dec 31, 2025 | 15.59% |
| Sep 30, 2025 | 27.46% |
| Jun 30, 2025 | 13.53% |
| Mar 31, 2025 | 14.61% |
| Dec 31, 2024 | 15.56% |
| Sep 30, 2024 | 20.79% |
| Jun 30, 2024 | 14.52% |
| Mar 31, 2024 | 16.12% |
| Dec 31, 2023 | -9.36% |
| Sep 30, 2023 | 30.92% |
| Jun 30, 2023 | -4.79% |
| Mar 31, 2023 | 22.26% |