UL Solutions (ULS) Net Cash Flow (2023 - 2026)
Quarterly results put Net Cash Flow at -$36.0 million for Q1 2026, down 16.13% from a year ago — trailing twelve months through Mar 2026 was -$5.0 million (up 91.67% YoY), and the annual figure for FY2024 was $6.0 million, up 400.0%.
UL Solutions has reported Net Cash Flow over the past 4 years, most recently at -$36.0 million for Q1 2026.
- Net Cash Flow reached -$36.0 million in Q1 2026 per ULS's latest filing, down from $41.0 million in the prior quarter.
- Across five years, Net Cash Flow topped out at $96.0 million in Q1 2023 and bottomed at -$150.0 million in Q4 2023.
- Median Net Cash Flow over the past 4 years was -$3.5 million (2024), compared with a mean of -$2.7 million.
- Peak annual rise in Net Cash Flow hit 472.73% in 2025, while the deepest fall reached 188.57% in 2025.
- Over 4 years, Net Cash Flow stood at -$150.0 million in 2023, then surged by 92.67% to -$11.0 million in 2024, then skyrocketed by 472.73% to $41.0 million in 2025, then plummeted by 187.8% to -$36.0 million in 2026.
- Business Quant data shows Net Cash Flow for ULS at -$36.0 million in Q1 2026, $41.0 million in Q4 2025, and -$14.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | - |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | -19.56 Mn |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | -136.01 Mn |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | -36.00 Mn |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | -2.98 Bn |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 168.90 Mn |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 34.21 Mn |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 183.00 Mn |
| 10 | Dolby Laboratories | 5.15 Bn | 4.56 Bn | 350.90 Mn | -53.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | -150.00 Mn |
| Dec 31, 2023 | -150.00 Mn |
| Sep 30, 2023 | 52.00 Mn |
| Sep 30, 2023 | 52.00 Mn |
| Mar 31, 2023 | 96.00 Mn |
| Mar 31, 2023 | 96.00 Mn |