UL Solutions (ULS) FCF Payout Ratio (2023 - 2026)

UL Solutions (ULS) reported FCF Payout Ratio of 0.16 for Q1 2026, down 1.29% on a YoY basis from 0.17 in Q1 2025, and down 22.93% sequentially from 0.21 in Q4 2025.

UL Solutions (ULS) FCF Payout Ratio (2023 - 2026) Analysis & Trends

UL Solutions (ULS) has 4 years of FCF Payout Ratio data on file, last reported at 0.16 in Q1 2026.

  • For the quarter ending Q1 2026, FCF Payout Ratio fell 1.29% year-over-year to 0.16; the trailing twelve-month figure through Mar 2026 stood at 0.19 (up 177.86% YoY), and the FY2025 full-year result was 0.19, up 510.79% from the prior year.
  • FCF Payout Ratio retreated to 0.16 in Q1 2026, from 0.21 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 0.47 in Q2 2024 to a low of 0.61 in Q2 2023.
  • A 4-year average of 0.05 and a median of 0.16 in 2026 frame the typical range for FCF Payout Ratio.
  • Across the five-year window, FCF Payout Ratio plunged 85.1% in 2024 and jumped 223.22% in 2025, its largest moves.
  • Tracing ULS's FCF Payout Ratio over 4 years: stood at 0.12 in 2023, then slumped by 85.1% to 0.23 in 2024, then surged by 191.8% to 0.21 in 2025, then decreased by 22.93% to 0.16 in 2026.
  • Business Quant data shows ULS's FCF Payout Ratio at 0.16 in Q1 2026, 0.21 in Q4 2025, and 0.28 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Cintas 84.67 Bn 84.49 Bn 1.45 Bn 0.34
2 Rentokil Initial 72.50 Bn 70.00 Bn - -
3 Relx 65.82 Bn 65.58 Bn - -
4 Thomson Reuters 43.19 Bn 42.33 Bn - -0.42
5 Copart 27.83 Bn 24.48 Bn 732.88 Mn -
6 Global Payments 22.95 Bn 17.09 Bn 1.70 Bn -0.12
7 Rb Global 21.49 Bn 21.29 Bn 927.90 Mn 0.39
8 UL Solutions 17.96 Bn 17.70 Bn 381.00 Mn 0.16
9 Aramark 15.15 Bn 14.67 Bn 426.39 Mn 0.11
10 Amentum Holdings 5.60 Bn 5.17 Bn 345.00 Mn 0.05

Historic Data

Download Data
DateValue
Mar 31, 2026 0.16
Dec 31, 2025 0.21
Sep 30, 2025 0.28
Mar 31, 2025 0.17
Sep 30, 2024 -0.23
Jun 30, 2024 0.47
Sep 30, 2023 -0.12
Jun 30, 2023 -0.61
Mar 31, 2023 0.14