UL Solutions (ULS) Interest Coverage Ratio (2023 - 2026)
UL Solutions' (ULS) Interest Coverage Ratio was 27.00 for Q3 2026, up 73.1% from 15.60 a year earlier but down 10.0% from the prior quarter.
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Analysis
UL Solutions (ULS) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, UL Solutions' Interest Coverage Ratio came in at 20.29, up 75.9% 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.
- Five-year quarterly Interest Coverage Ratio spans a low of 6.07 in Q1 2024 and a high of 30.00 in Q2 2026.
- Year over year, Interest Coverage Ratio has now increased in each of the last eight quarters, with growth averaging 63.9% 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 Q3 2026 came in at 30.00 (Q2 2026), 17.25 (Q1 2026) and 13.11 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 153.56 Bn | 111.49 Bn | 5.98 Bn | 27.58 |
| 2 | Cintas | 88.59 Bn | 87.67 Bn | 1.55 Bn | 28.81 |
| 3 | Iron Mountain | 33.27 Bn | 32.47 Bn | 1.06 Bn | - |
| 4 | APi | 18.49 Bn | 15.70 Bn | 770.00 Mn | 4.49 |
| 5 | Rollins | 18.05 Bn | 17.59 Bn | 582.90 Mn | 20.89 |
| 6 | UL Solutions | 16.33 Bn | 14.33 Bn | 423.00 Mn | 27.00 |
| 7 | Aramark | 14.48 Bn | 12.43 Bn | 430.34 Mn | - |
| 8 | Rentokil Initial | 11.94 Bn | 6.46 Bn | - | 2.06 |
| 9 | Gartner | 11.90 Bn | 5.39 Bn | 1.07 Bn | 11.89 |
| 10 | Tetra Tech | 10.45 Bn | 9.56 Bn | 243.21 Mn | 22.06 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 27.00 |
| 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();