Growth Metrics

UL Solutions (ULS) Net Margin (2023 - 2025)

UL Solutions (ULS) has disclosed Net Margin for 3 consecutive years, with 9.0% as the latest value for Q4 2025.

  • Quarterly Net Margin fell 250.0% to 9.0% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 11.3% through Dec 2025, down 72.0% year-over-year, with the annual reading at 11.3% for FY2025, 72.0% down from the prior year.
  • Net Margin hit 9.0% in Q4 2025 for UL Solutions, down from 13.54% 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.
  • Historically, Net Margin has averaged 11.17% across 3 years, with a median of 10.79% in 2024.
  • Biggest five-year swings in Net Margin: surged 443bps in 2024 and later tumbled -250bps in 2025.
  • Year by year, Net Margin stood at 9.06% in 2023, then increased by 27bps to 11.5% in 2024, then decreased by -22bps to 9.0% in 2025.
  • Business Quant data shows Net Margin for ULS at 9.0% in Q4 2025, 13.54% in Q3 2025, and 12.5% in Q2 2025.