UL Solutions (ULS) FCF Margin (2023 - 2026)

UL Solutions has disclosed FCF Margin across 4 years of filings, most recently posting 11.15% for Q2 2026.

• In Q2 2026, FCF Margin fell 238.0% year-over-year to 11.15%; the TTM figure through Jun 2026 stood at 13.86% (up 152.0% YoY), while the FY2025 annual figure was 13.2%, up 320.0% from the prior year.
• FCF Margin came in at 11.15% for Q2 2026 at UL Solutions, down from 19.79% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 19.79% in Q1 2026 to a low of 1.31% in Q2 2023.
• Average FCF Margin over 4 years is 11.6%, with a median of 11.51% recorded in 2023.
• Year-over-year, FCF Margin tumbled 304 bps in 2024 and surged 709 bps in 2025.
• Over 4 years, FCF Margin stood at 9.8% in 2023, then declined by 1 bps to 9.74% in 2024, then grew by 12 bps to 10.9% in 2025, then climbed by 2 bps to 11.15% in 2026.
• Per Business Quant data, the three most recent FCF Margin figures were 11.15% in Q2 2026, 19.79% in Q1 2026, and 10.9% in Q4 2025.