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

UL Solutions has disclosed Operating Leases across 4 years of filings, most recently posting $141.0 million for Q1 2026.

• Operating Leases for Q1 2026 came in at $141.0 million, down 6.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $141.0 million (down 6.0% YoY), and the FY2025 annual result was $149.0 million, down 3.87% from the prior year.
• Operating Leases came in at $141.0 million for Q1 2026 at UL Solutions, down 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.
• The 4-year median for Operating Leases is $149.5 million (2025), against an average of $140.6 million.
• Across the five-year window, Operating Leases surged 32.48% in 2025 and decreased 6.0% in 2026, its largest moves.
• UL Solutions' 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 declined by 5.37% to $141.0 million in 2026.
• The last three Operating Leases figures came in at $141.0 million (Q1 2026), $149.0 million (Q4 2025), and $150.0 million (Q3 2025), per Business Quant data.