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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |