UL Solutions ULS
NYSE ULS
$72.94 -0.25 (-0.34%)
As of: Sep 9, 2026 · 3:59 PM EDT

UL Solutions (ULS) Operating Leases (2023 - 2026)

UL Solutions' (ULS) quarterly Operating Leases came in at $136.0 million in Q2 2026, down 12.26% year-over-year from $155.0 million in Q2 2025, and down 3.55% quarter-over-quarter from $141.0 million in Q1 2026.

Analysis

UL Solutions (ULS) Operating Leases (2023 - 2026) Analysis & Trends

UL Solutions has disclosed Operating Leases across 4 years of filings, most recently posting $136.0 million for Q2 2026.

  • In Q2 2026, Operating Leases fell 12.26% year-over-year to $136.0 million; the TTM figure through Jun 2026 stood at $136.0 million (down 12.26% YoY), while the FY2025 annual figure was $149.0 million, down 3.87% from the prior year.
  • Operating Leases came in at $136.0 million for Q2 2026 at UL Solutions, down from $141.0 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $155.0 million in Q4 2024 to a low of $116.0 million in Q1 2024.
  • Average Operating Leases over 4 years is $140.2 million, with a median of $149.0 million recorded in 2025.
  • Year-over-year, Operating Leases soared 32.48% in 2025 and slipped 12.26% in 2026.
  • Over 4 years, Operating Leases stood at $120.0 million in 2023, then climbed by 29.17% to $155.0 million in 2024, then retreated by 3.87% to $149.0 million in 2025, then fell by 8.72% to $136.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $136.0 million in Q2 2026, $141.0 million in Q1 2026, and $149.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Accenture 107.93 Bn 97.76 Bn 6.13 Bn
2 UL Solutions 14.72 Bn 14.29 Bn 417.00 Mn
3 Gartner 11.25 Bn 9.76 Bn 1.19 Bn
4 Tetra Tech 9.17 Bn 8.94 Bn 243.21 Mn
5 Booz Allen Hamilton Holding 8.68 Bn 8.14 Bn 1.46 Bn
6 Genpact 5.90 Bn 5.38 Bn 490.34 Mn
7 Fti Consulting 4.32 Bn 4.15 Bn 316.27 Mn
8 Korn Ferry 4.16 Bn 3.02 Bn 685.99 Mn
9 Grand Canyon Education 3.92 Bn 3.65 Bn 204.08 Mn
10 Exponent 3.28 Bn 3.21 Bn 158.75 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 136.00 Mn
Mar 31, 2026 141.00 Mn
Dec 31, 2025 149.00 Mn
Sep 30, 2025 150.00 Mn
Jun 30, 2025 155.00 Mn
Mar 31, 2025 150.00 Mn
Dec 31, 2024 155.00 Mn
Sep 30, 2024 153.00 Mn
Jun 30, 2024 117.00 Mn
Mar 31, 2024 116.00 Mn
Dec 31, 2023 120.00 Mn