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

UL Solutions (ULS) has 4 years of Operating Margin data on file, last reported at 18.21% in Q1 2026.

• For the quarter ending Q1 2026, Operating Margin rose 274.0% year-over-year to 18.21%; the trailing twelve-month figure through Mar 2026 stood at 17.74% (up 122.0% YoY), and the FY2025 full-year result was 17.1%, up 100.0% from the prior year.
• Operating Margin advanced to 18.21% in Q1 2026, from 14.96% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 19.92% in Q3 2025 to a low of 11.92% in Q1 2023.
• A 4-year average of 15.79% and a median of 15.56% in 2024 frame the typical range for Operating Margin.
• Across the five-year window, Operating Margin surged 462 bps in 2024 and plunged 61 bps in 2025, its largest moves.
• Tracing ULS's Operating Margin over 4 years: stood at 12.57% in 2023, then rose by 24 bps to 15.56% in 2024, then slipped by 4 bps to 14.96% in 2025, then advanced by 22 bps to 18.21% in 2026.
• Business Quant data shows ULS's Operating Margin at 18.21% in Q1 2026, 14.96% in Q4 2025, and 19.92% in Q3 2025.