UL Solutions (ULS) FCF Payout Ratio (2023 - 2026)
UL Solutions' (ULS) FCF Payout Ratio was 0.32 for Q2 2026, up 28.7% from 0.25 a year earlier and up 64.8% from the prior quarter.
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Analysis
UL Solutions (ULS) FCF Payout Ratio (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, UL Solutions' FCF Payout Ratio came in at 0.25, down 10.0% year-over-year; for FY2025, it was 0.26, down 25.9% from FY2024.
- FCF Payout Ratio has declined for three consecutive years.
- By year, FCF Payout Ratio came in at 0.35 in FY2024 (-87.1%), 2.70 in FY2023 (-64.9%) and 7.69 in FY2022.
- The Q2 2026 figure ranks as the highest quarterly FCF Payout Ratio since Q4 2024.
- Year over year, FCF Payout Ratio gained in two of the last eight quarters, with an average decline of 22.0%.
- The high point for year-over-year FCF Payout Ratio in five years was Q1 2024 (growth of 45.8%); the low point was Q4 2024 (a decline of 96.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.19 (Q1 2026), 0.30 (Q4 2025) and 0.24 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 157.03 Bn | 116.31 Bn | 6.13 Bn | 0.28 |
| 2 | Cintas | 89.74 Bn | 88.82 Bn | 1.55 Bn | 0.39 |
| 3 | Iron Mountain | 32.93 Bn | 32.12 Bn | 1.07 Bn | - |
| 4 | Rollins | 16.92 Bn | 16.46 Bn | 569.95 Mn | 0.53 |
| 5 | APi | 16.73 Bn | 13.76 Bn | 703.00 Mn | - |
| 6 | Gartner | 15.47 Bn | 9.16 Bn | 1.19 Bn | - |
| 7 | UL Solutions | 14.81 Bn | 13.57 Bn | 417.00 Mn | 0.32 |
| 8 | Aramark | 13.78 Bn | 11.72 Bn | 430.34 Mn | 6.55 |
| 9 | Rentokil Initial | 11.52 Bn | 5.03 Bn | - | - |
| 10 | Booz Allen Hamilton Holding | 9.42 Bn | 6.45 Bn | 1.46 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.32 |
| Mar 31, 2026 | 0.19 |
| Dec 31, 2025 | 0.30 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.25 |
| Dec 31, 2024 | 0.35 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.53 |
| Mar 31, 2024 | 0.30 |
| Dec 31, 2023 | 9.25 |
| Sep 30, 2023 | 0.26 |
| Jun 30, 2023 | 2.22 |
| Mar 31, 2023 | 0.20 |
API Access
UL Solutions FCF Payout Ratio 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=fcf-payout-ratio&ticker=ULS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();