Growth Metrics

UL Solutions (ULS) Operating Margin (2023 - 2025)

UL Solutions (ULS) has disclosed Operating Margin for 3 consecutive years, with 14.96% as the latest value for Q4 2025.

  • Quarterly Operating Margin fell 61.0% to 14.96% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 17.1% through Dec 2025, up 100.0% year-over-year, with the annual reading at 17.1% for FY2025, 100.0% up from the prior year.
  • Operating Margin hit 14.96% in Q4 2025 for UL Solutions, down from 19.92% 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.
  • Historically, Operating Margin has averaged 15.59% across 3 years, with a median of 15.51% in 2024.
  • Biggest five-year swings in Operating Margin: skyrocketed 462bps in 2024 and later tumbled -61bps in 2025.
  • Year by year, Operating Margin stood at 12.57% in 2023, then rose by 24bps to 15.56% in 2024, then fell by -4bps to 14.96% in 2025.
  • Business Quant data shows Operating Margin for ULS at 14.96% in Q4 2025, 19.92% in Q3 2025, and 17.91% in Q2 2025.