UL Solutions (ULS) Other Working Capital Changes (2023 - 2026)

UL Solutions (ULS) reported Other Working Capital Changes of -$1.0 million for Q1 2026, up 66.67% on a YoY basis from -$600000.0 in Q1 2025, and up 50.0% sequentially from -$2.0 million in Q4 2025.

UL Solutions (ULS) Other Working Capital Changes (2023 - 2026) Analysis & Trends

UL Solutions (ULS) has 4 years of Other Working Capital Changes data on file, last reported at -$1.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Other Working Capital Changes rose 66.67% year-over-year to -$1.0 million; the trailing twelve-month figure through Mar 2026 stood at -$33.0 million (down 200.0% YoY), and the FY2025 full-year result was -$35.0 million, down 288.89% from the prior year.
  • Other Working Capital Changes grew to -$1.0 million in Q1 2026, from -$2.0 million in the prior quarter.
  • In the past five years, Other Working Capital Changes ranged from a high of $4.0 million in Q1 2023 to a low of -$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.
  • Across the five-year window, Other Working Capital Changes slumped 460.0% in 2025 and surged 66.67% in 2026, its largest moves.
  • Tracing ULS's Other Working Capital Changes over 4 years: stood at $1.0 million in 2023, then tumbled by 200.0% to -$1.0 million in 2024, then slumped by 100.0% to -$2.0 million in 2025, then jumped by 50.0% to -$1.0 million in 2026.
  • Business Quant data shows ULS's Other Working Capital Changes at -$1.0 million in Q1 2026, -$2.0 million in Q4 2025, and -$28.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Cintas 82.43 Bn 82.25 Bn 1.45 Bn
2 Rentokil Initial 71.81 Bn 69.31 Bn -
3 Relx 63.28 Bn 63.04 Bn -
4 Thomson Reuters 40.35 Bn 39.49 Bn -
5 Copart 26.32 Bn 22.97 Bn 732.88 Mn
6 Global Payments 22.09 Bn 16.23 Bn 1.70 Bn
7 Rb Global 20.79 Bn 20.60 Bn 927.90 Mn
8 UL Solutions 17.26 Bn 17.01 Bn 381.00 Mn
9 Aramark 15.08 Bn 14.60 Bn 426.39 Mn
10 Amentum Holdings 5.52 Bn 5.10 Bn 345.00 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2024 -1.00 Mn
Sep 30, 2024 -5.00 Mn
Sep 30, 2024 -5.00 Mn