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

UL Solutions (ULS) has 4 years of Operating Leases data on file, last reported at $141.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases fell 6.0% year-over-year to $141.0 million; the trailing twelve-month figure through Mar 2026 stood at $141.0 million (down 6.0% YoY), and the FY2025 full-year result was $149.0 million, down 3.87% from the prior year.
• Operating Leases retreated to $141.0 million in Q1 2026, from $149.0 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.
• A 4-year average of $140.6 million and a median of $149.5 million in 2025 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases surged 32.48% in 2025 and decreased 6.0% in 2026, its largest moves.
• Tracing ULS's Operating Leases over 4 years: stood at $120.0 million in 2023, then advanced by 29.17% to $155.0 million in 2024, then fell by 3.87% to $149.0 million in 2025, then dropped by 5.37% to $141.0 million in 2026.
• Business Quant data shows ULS's Operating Leases at $141.0 million in Q1 2026, $149.0 million in Q4 2025, and $150.0 million in Q3 2025.