UL Solutions (ULS) Interest Coverage Ratio (2023 - 2026)
UL Solutions' (ULS) Interest Coverage Ratio was 30.00 for Q2 2026, up 115.8% from 13.90 a year earlier and up 73.9% from the prior quarter.
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Analysis
UL Solutions (ULS) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, UL Solutions' Interest Coverage Ratio came in at 17.56, up 74.6% year-over-year; for FY2025, it came in at 12.73, up 51.6% from FY2024.
- By year, Interest Coverage Ratio came in at 8.40 in FY2024 (-20.1%), 10.51 in FY2023 (-56.6%) and 24.24 in FY2022.
- The Q2 2026 figure ranks as the highest quarterly Interest Coverage Ratio in data going back to Q1 2023.
- Year over year, Interest Coverage Ratio has now increased in each of the last seven quarters, with growth averaging 51.4% over the last eight quarters.
- The high point for year-over-year Interest Coverage Ratio in five years was Q2 2026 (growth of 115.8%); the low point was Q1 2024 (a decline of 35.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 17.25 (Q1 2026), 13.11 (Q4 2025) and 15.60 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 122.50 Bn | 82.91 Bn | 6.13 Bn | 44.95 |
| 2 | Cintas | 78.05 Bn | 77.24 Bn | 1.48 Bn | 26.05 |
| 3 | Iron Mountain | 33.02 Bn | 32.53 Bn | 1.07 Bn | - |
| 4 | APi | 16.68 Bn | 13.72 Bn | 703.00 Mn | 4.86 |
| 5 | Rollins | 14.49 Bn | 14.04 Bn | 569.95 Mn | 21.44 |
| 6 | Aramark | 14.11 Bn | 12.13 Bn | 430.34 Mn | - |
| 7 | UL Solutions | 13.27 Bn | 12.05 Bn | 417.00 Mn | 30.00 |
| 8 | Gartner | 11.78 Bn | 5.47 Bn | 1.19 Bn | 17.00 |
| 9 | Rentokil Initial | 9.98 Bn | 3.32 Bn | - | - |
| 10 | Tetra Tech | 8.44 Bn | 7.55 Bn | 243.21 Mn | 22.06 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.00 |
| Mar 31, 2026 | 17.25 |
| Dec 31, 2025 | 13.11 |
| Sep 30, 2025 | 15.60 |
| Jun 30, 2025 | 13.90 |
| Mar 31, 2025 | 9.08 |
| Dec 31, 2024 | 8.85 |
| Sep 30, 2024 | 9.29 |
| Jun 30, 2024 | 9.69 |
| Mar 31, 2024 | 6.07 |
| Dec 31, 2023 | 7.17 |
| Sep 30, 2023 | 12.71 |
| Jun 30, 2023 | 14.63 |
| Mar 31, 2023 | 9.38 |
API Access
UL Solutions Interest Coverage 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=interest-coverage-ratio&ticker=ULS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();