UL Solutions (ULS) Net Margin (2023 - 2026)

UL Solutions has disclosed Net Margin across 4 years of filings, most recently posting 12.8% for Q1 2026.

• Net Margin for Q1 2026 came in at 12.8%, up 273.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.94% (down 31.0% YoY), and the FY2025 annual result was 11.3%, down 72.0% from the prior year.
• Net Margin came in at 12.8% for Q1 2026 at UL Solutions, up from 9.0% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 14.52% in Q2 2024 to a low of 8.43% in Q3 2023.
• The 4-year median for Net Margin is 11.5% (2024), against an average of 11.29%.
• Across the five-year window, Net Margin soared 443 bps in 2024 and sank 250 bps in 2025, its largest moves.
• UL Solutions' Net Margin stood at 9.06% in 2023, then rose by 27 bps to 11.5% in 2024, then slipped by 22 bps to 9.0% in 2025, then surged by 42 bps to 12.8% in 2026.
• The last three Net Margin figures came in at 12.8% (Q1 2026), 9.0% (Q4 2025), and 13.54% (Q3 2025), per Business Quant data.