UL Solutions (ULS) Goodwill (2023 - 2026)
UL Solutions' Goodwill came in at $648 million for Q3 2026, down 1.1% from $655 million a year earlier but up 0.9% from the prior quarter.
Analysis
UL Solutions (ULS) Goodwill (2023 - 2026) Analysis & Trends
At the end of FY2025, UL Solutions' Goodwill was $656 million, up 3.6% from FY2024.
- Goodwill carries a three-year compound annual growth rate of 0.5% (FY2022 to FY2025).
- Going back by year, Goodwill was $633 million in FY2024 (+1.6%), $623 million in FY2023 (-3.7%) and $647 million in FY2022.
- The five-year range for quarterly Goodwill is $618 million (Q1 2024) to $656 million (Q4 2025).
- Year-over-year, Goodwill increased in six of the last eight quarters, with growth averaging 1.4%.
- The fastest year-over-year change in Goodwill over five years came in Q2 2025 (growth of 4.5%), and the weakest in Q2 2026 (a decline of 2.1%).
- Business Quant data shows ULS's Goodwill at $642 million (Q2 2026), $643 million (Q1 2026) and $656 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Accenture | 157.70 Bn | 115.63 Bn | 5.98 Bn |
| 2 | Cintas | 88.98 Bn | 88.06 Bn | 1.55 Bn |
| 3 | Iron Mountain | 33.75 Bn | 32.95 Bn | 1.06 Bn |
| 4 | APi | 18.40 Bn | 15.62 Bn | 770.00 Mn |
| 5 | Rollins | 18.31 Bn | 17.85 Bn | 582.90 Mn |
| 6 | UL Solutions | 16.46 Bn | 14.46 Bn | 423.00 Mn |
| 7 | Aramark | 14.37 Bn | 12.31 Bn | 430.34 Mn |
| 8 | Gartner | 12.12 Bn | 5.60 Bn | 1.07 Bn |
| 9 | Rentokil Initial | 11.99 Bn | 5.50 Bn | - |
| 10 | Tetra Tech | 10.58 Bn | 9.69 Bn | 243.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 648.00 Mn |
| Jun 30, 2026 | 642.00 Mn |
| Mar 31, 2026 | 643.00 Mn |
| Dec 31, 2025 | 656.00 Mn |
| Sep 30, 2025 | 655.00 Mn |
| Jun 30, 2025 | 656.00 Mn |
| Mar 31, 2025 | 641.00 Mn |
| Dec 31, 2024 | 633.00 Mn |
| Sep 30, 2024 | 651.00 Mn |
| Jun 30, 2024 | 628.00 Mn |
| Mar 31, 2024 | 618.00 Mn |
| Dec 31, 2023 | 623.00 Mn |
API Access
UL Solutions Goodwill 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=goodwill&ticker=ULS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();