UL Solutions (ULS) Other Working Capital Changes (2023 - 2026)
UL Solutions (ULS) posted Other Working Capital Changes of -$1.0 million for Q1 2026, up 50.0% sequentially from -$2.0 million in Q4 2025, and up 66.67% YoY from -$600000.0 in Q1 2025.
UL Solutions (ULS) Other Working Capital Changes (2023 - 2026) Analysis & Trends
UL Solutions has reported Other Working Capital Changes for 4 years, with the latest figure at -$1.0 million in Q1 2026.
- Quarterly Other Working Capital Changes rose 66.67% year-over-year to -$1.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$33.0 million (down 200.0% YoY) and the FY2025 annual result came in at -$35.0 million, down 288.89% from the prior year.
- Other Working Capital Changes grew to -$1.0 million in Q1 2026 per ULS's latest filing, from -$2.0 million in the prior quarter.
- Over five years, Other Working Capital Changes peaked at $4.0 million in Q1 2023 and troughed at -$28.0 million in Q3 2025.
- A 4-year average of -$3.2 million and a median of -$2.0 million in 2024 frame the typical range for Other Working Capital Changes.
- The sharpest annual moves came in 2025 and 2026: Other Working Capital Changes plunged 460.0% in 2025, then jumped 66.67% in 2026.
- Over 4 years, Other Working Capital Changes stood at $1.0 million in 2023, then slumped by 200.0% to -$1.0 million in 2024, then sank by 100.0% to -$2.0 million in 2025, then jumped by 50.0% to -$1.0 million in 2026.
- According to Business Quant data, Other Working Capital Changes over the past three periods registered -$1.0 million, -$2.0 million, and -$28.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cintas | 81.93 Bn | 81.64 Bn | 1.48 Bn |
| 2 | Relx | 65.80 Bn | 65.63 Bn | - |
| 3 | Copart | 31.94 Bn | 28.59 Bn | 732.88 Mn |
| 4 | Global Payments | 25.51 Bn | 20.10 Bn | 2.03 Bn |
| 5 | Rb Global | 16.15 Bn | 15.62 Bn | 935.50 Mn |
| 6 | Aramark | 15.58 Bn | 15.08 Bn | 430.34 Mn |
| 7 | UL Solutions | 15.06 Bn | 14.63 Bn | 417.00 Mn |
| 8 | Rentokil Initial | 11.93 Bn | 9.41 Bn | - |
| 9 | Dolby Laboratories | 6.15 Bn | 5.48 Bn | 264.68 Mn |
| 10 | Unifirst | 5.26 Bn | 5.09 Bn | 234.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -4.00 Mn |
| Jun 30, 2026 | -4.00 Mn |
| Jun 30, 2026 | -4.00 Mn |
| Mar 31, 2026 | -1.00 Mn |
| Mar 31, 2026 | -1.00 Mn |
| Mar 31, 2026 | -1.00 Mn |
| Dec 31, 2025 | -2.00 Mn |
| Dec 31, 2025 | -2.00 Mn |
| Dec 31, 2025 | -2.00 Mn |
| Sep 30, 2025 | -28.00 Mn |
| Sep 30, 2025 | -28.00 Mn |
| Sep 30, 2025 | -28.00 Mn |
| Jun 30, 2025 | -2.00 Mn |
| Jun 30, 2025 | -2.00 Mn |
| Jun 30, 2025 | -2.00 Mn |
| Mar 31, 2025 | -3.00 Mn |
| Mar 31, 2025 | -3.00 Mn |
| Mar 31, 2025 | -3.00 Mn |
| Dec 31, 2024 | -1.00 Mn |
| Dec 31, 2024 | -1.00 Mn |