UL Solutions (ULS) Other Working Capital Changes (2023 - 2026)
UL Solutions (ULS) reported Other Working Capital Changes of -$49 million for Q3 2026, compared with -$105 million a year earlier.
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Analysis
UL Solutions (ULS) Other Working Capital Changes (2023 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, UL Solutions' Other Working Capital Changes came in at $27 million; for FY2025, it came in at -$46 million.
- By year, Other Working Capital Changes came in at -$6 million in FY2024, $3 million in FY2023 (-70.0%) and $10 million in FY2022.
- Five-year quarterly Other Working Capital Changes spans a low of -$128 million in Q2 2026 and a high of $240 million in Q1 2026.
- Per Business Quant data, the three quarters before Q3 2026 came in at -$128 million (Q2 2026), $240 million (Q1 2026) and -$36 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Accenture | 153.56 Bn | 111.49 Bn | 5.98 Bn |
| 2 | Cintas | 88.59 Bn | 87.67 Bn | 1.55 Bn |
| 3 | Iron Mountain | 33.27 Bn | 32.47 Bn | 1.06 Bn |
| 4 | APi | 18.49 Bn | 15.70 Bn | 770.00 Mn |
| 5 | Rollins | 18.05 Bn | 17.59 Bn | 582.90 Mn |
| 6 | UL Solutions | 16.33 Bn | 14.33 Bn | 423.00 Mn |
| 7 | Aramark | 14.48 Bn | 12.43 Bn | 430.34 Mn |
| 8 | Rentokil Initial | 11.94 Bn | 6.46 Bn | - |
| 9 | Gartner | 11.90 Bn | 5.39 Bn | 1.07 Bn |
| 10 | Tetra Tech | 10.45 Bn | 9.56 Bn | 243.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -49.00 Mn |
| Jun 30, 2026 | -128.00 Mn |
| Mar 31, 2026 | 240.00 Mn |
| Dec 31, 2025 | -36.00 Mn |
| Sep 30, 2025 | -105.00 Mn |
| Jun 30, 2025 | -118.00 Mn |
| Mar 31, 2025 | 213.00 Mn |
| Dec 31, 2024 | -59.00 Mn |
| Sep 30, 2024 | -81.00 Mn |
| Jun 30, 2024 | -89.00 Mn |
| Mar 31, 2024 | 223.00 Mn |
| Dec 31, 2023 | -22.00 Mn |
| Sep 30, 2023 | -40.00 Mn |
| Jun 30, 2023 | -107.00 Mn |
| Mar 31, 2023 | 172.00 Mn |
API Access
UL Solutions Other Working Capital Changes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=ULS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "ticker": "ULS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();