UL Solutions (ULS) Invested Capital (2023 - 2026)
UL Solutions (ULS) posted Invested Capital of $1.92 billion for Q2 2026, up 11.6% from $1.72 billion a year earlier and up 13.5% from the prior quarter.
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Analysis
UL Solutions (ULS) Invested Capital (2023 - 2026) Analysis & Trends
For FY2025, UL Solutions' Invested Capital came in at $1.79 billion, up 6.7% from FY2024.
- In prior years, UL Solutions' Invested Capital was $1.67 billion in FY2024 (+5.8%) and $1.58 billion in FY2023.
- The Q2 2026 figure stands as the highest quarterly Invested Capital in data going back to Q4 2023.
- On a year-over-year basis, Invested Capital has increased in each of the last seven quarters, with growth averaging 6.7% over the last seven quarters.
- According to Business Quant data, Invested Capital for the three prior quarters was $1.69 billion (Q1 2026), $1.79 billion (Q4 2025) and $1.76 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 132.79 Bn | 93.20 Bn | 6.13 Bn | 38.16 Bn |
| 2 | Cintas | 77.24 Bn | 76.43 Bn | 1.48 Bn | 7.57 Bn |
| 3 | Iron Mountain | 33.76 Bn | 33.28 Bn | 1.07 Bn | 16.07 Bn |
| 4 | APi | 17.50 Bn | 14.54 Bn | 703.00 Mn | 7.04 Bn |
| 5 | Aramark | 14.64 Bn | 12.66 Bn | 430.34 Mn | 9.52 Bn |
| 6 | Rollins | 14.51 Bn | 14.06 Bn | 569.95 Mn | 2.13 Bn |
| 7 | UL Solutions | 13.33 Bn | 12.11 Bn | 417.00 Mn | 1.92 Bn |
| 8 | Gartner | 11.67 Bn | 5.36 Bn | 1.19 Bn | 2.81 Bn |
| 9 | Rentokil Initial | 10.08 Bn | 3.42 Bn | - | - |
| 10 | Tetra Tech | 8.48 Bn | 7.59 Bn | 243.21 Mn | 2.65 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.92 Bn |
| Mar 31, 2026 | 1.69 Bn |
| Dec 31, 2025 | 1.79 Bn |
| Sep 30, 2025 | 1.76 Bn |
| Jun 30, 2025 | 1.72 Bn |
| Mar 31, 2025 | 1.64 Bn |
| Dec 31, 2024 | 1.67 Bn |
| Sep 30, 2024 | 1.69 Bn |
| Jun 30, 2024 | 1.57 Bn |
| Mar 31, 2024 | 1.55 Bn |
| Dec 31, 2023 | 1.58 Bn |
API Access
UL Solutions Invested Capital 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=invested-capital&ticker=ULS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();