UL Solutions (ULS) Net Cash Flow (2023 - 2026)
UL Solutions (ULS) posted Net Cash Flow of -$36.0 million for Q1 2026, down 187.8% sequentially from $41.0 million in Q4 2025, and down 16.13% YoY from -$42.9 million in Q1 2025.
UL Solutions (ULS) Net Cash Flow (2023 - 2026) Analysis & Trends
UL Solutions has reported Net Cash Flow for 4 years, with the latest figure at -$36.0 million in Q1 2026.
- Quarterly Net Cash Flow fell 16.13% year-over-year to -$36.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$5.0 million (up 91.67% YoY) and the FY2024 annual result came in at $6.0 million, up 400.0% from the prior year.
- Net Cash Flow retreated to -$36.0 million in Q1 2026 per ULS's latest filing, from $41.0 million in the prior quarter.
- Over five years, Net Cash Flow peaked at $96.0 million in Q1 2023 and troughed at -$150.0 million in Q4 2023.
- A 4-year average of -$2.7 million and a median of -$3.5 million in 2024 frame the typical range for Net Cash Flow.
- The widest YoY moves for Net Cash Flow: up 472.73% in 2025, down 188.57% in 2025.
- Over 4 years, Net Cash Flow stood at -$150.0 million in 2023, then jumped by 92.67% to -$11.0 million in 2024, then soared by 472.73% to $41.0 million in 2025, then sank by 187.8% to -$36.0 million in 2026.
- According to Business Quant data, Net Cash Flow over the past three periods registered -$36.0 million, $41.0 million, and -$14.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.73 Bn | 81.44 Bn | 1.48 Bn | 107.73 Mn |
| 2 | Relx | 65.91 Bn | 65.74 Bn | - | - |
| 3 | Copart | 31.92 Bn | 28.56 Bn | 732.88 Mn | -1.75 Bn |
| 4 | Global Payments | 25.47 Bn | 20.06 Bn | 2.03 Bn | -434.74 Mn |
| 5 | Rb Global | 16.16 Bn | 15.64 Bn | 935.50 Mn | -199.80 Mn |
| 6 | Aramark | 15.56 Bn | 15.06 Bn | 430.34 Mn | 29.01 Mn |
| 7 | UL Solutions | 15.04 Bn | 14.61 Bn | 417.00 Mn | 177.00 Mn |
| 8 | Rentokil Initial | 11.93 Bn | 9.40 Bn | - | - |
| 9 | Dolby Laboratories | 6.09 Bn | 5.42 Bn | 264.68 Mn | 66.66 Mn |
| 10 | Unifirst | 5.26 Bn | 5.09 Bn | 234.73 Mn | 11.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 177.00 Mn |
| Jun 30, 2026 | 177.00 Mn |
| Mar 31, 2026 | -36.00 Mn |
| Mar 31, 2026 | -36.00 Mn |
| Dec 31, 2025 | 41.00 Mn |
| Dec 31, 2025 | 41.00 Mn |
| Sep 30, 2025 | -14.00 Mn |
| Sep 30, 2025 | -14.00 Mn |
| Jun 30, 2025 | 4.00 Mn |
| Jun 30, 2025 | 4.00 Mn |
| Mar 31, 2025 | -31.00 Mn |
| Mar 31, 2025 | -31.00 Mn |
| Dec 31, 2024 | -11.00 Mn |
| Dec 31, 2024 | -11.00 Mn |
| Sep 30, 2024 | 25.00 Mn |
| Sep 30, 2024 | 25.00 Mn |
| Jun 30, 2024 | -43.00 Mn |
| Jun 30, 2024 | -43.00 Mn |
| Mar 31, 2024 | 35.00 Mn |
| Mar 31, 2024 | 35.00 Mn |