UL Solutions (ULS) Minority Interest (2023 - 2026)
UL Solutions (ULS) recorded Minority Interest of $25 million in Q2 2026, up 25.0% from $20 million a year earlier and up 47.1% from the prior quarter.
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Analysis
UL Solutions (ULS) Minority Interest (2023 - 2026) Analysis & Trends
At the end of FY2025, UL Solutions reported Minority Interest of $32 million, up 18.5% from FY2024.
- Across earlier years, Minority Interest came in at $27 million in FY2024 (+12.5%) and $24 million in FY2023.
- Quarterly Minority Interest has ranged from $12 million in Q1 2024 to $32 million in Q4 2025 over the past five years.
- On a year-over-year basis, Minority Interest has increased for seven consecutive quarters, with growth averaging 17.8% over the last seven quarters.
- Per Business Quant, the preceding three quarters came in at $17 million (Q1 2026), $32 million (Q4 2025) and $27 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Accenture | 118.39 Bn | 78.80 Bn | 6.13 Bn |
| 2 | Cintas | 79.13 Bn | 78.31 Bn | 1.48 Bn |
| 3 | Iron Mountain | 33.17 Bn | 32.69 Bn | 1.07 Bn |
| 4 | APi | 16.75 Bn | 13.79 Bn | 703.00 Mn |
| 5 | Rollins | 14.67 Bn | 14.22 Bn | 569.95 Mn |
| 6 | Aramark | 14.35 Bn | 12.37 Bn | 430.34 Mn |
| 7 | UL Solutions | 13.11 Bn | 11.89 Bn | 417.00 Mn |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn |
| 9 | Rentokil Initial | 10.12 Bn | 3.46 Bn | - |
| 10 | Tetra Tech | 8.63 Bn | 7.74 Bn | 243.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.00 Mn |
| Mar 31, 2026 | 17.00 Mn |
| Dec 31, 2025 | 32.00 Mn |
| Sep 30, 2025 | 27.00 Mn |
| Jun 30, 2025 | 20.00 Mn |
| Mar 31, 2025 | 14.00 Mn |
| Dec 31, 2024 | 27.00 Mn |
| Sep 30, 2024 | 24.00 Mn |
| Jun 30, 2024 | 17.00 Mn |
| Mar 31, 2024 | 12.00 Mn |
| Dec 31, 2023 | 24.00 Mn |
API Access
UL Solutions Minority Interest 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=minority-interest&ticker=ULS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();