UL Solutions (ULS) Payables (2023 - 2026)
UL Solutions (ULS) recorded Payables of $179 million in Q2 2026, up 28.8% from $139 million a year earlier and up 6.5% from the prior quarter.
Analysis
UL Solutions (ULS) Payables (2023 - 2026) Analysis & Trends
At the end of FY2025, UL Solutions reported Payables of $183 million, up 0.5% from FY2024.
- Across earlier years, Payables came in at $182 million in FY2024 (+7.7%) and $169 million in FY2023.
- Quarterly Payables has ranged from $134 million in Q2 2024 to $183 million in Q4 2025 over the past five years.
- On a year-over-year basis, Payables has increased for five consecutive quarters, with growth averaging 8.5% over the last seven quarters.
- Per Business Quant, the preceding three quarters came in at $168 million (Q1 2026), $183 million (Q4 2025) and $151 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 116.45 Bn | 76.86 Bn | 6.13 Bn | 3.18 Bn |
| 2 | Cintas | 80.26 Bn | 79.45 Bn | 1.48 Bn | 461.16 Mn |
| 3 | Iron Mountain | 33.05 Bn | 32.57 Bn | 1.07 Bn | 857.18 Mn |
| 4 | APi | 16.57 Bn | 13.61 Bn | 703.00 Mn | 554.00 Mn |
| 5 | Rollins | 14.72 Bn | 14.26 Bn | 569.95 Mn | 295.68 Mn |
| 6 | Aramark | 14.30 Bn | 12.32 Bn | 430.34 Mn | 1.14 Bn |
| 7 | UL Solutions | 13.09 Bn | 11.87 Bn | 417.00 Mn | 179.00 Mn |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | 907.10 Mn |
| 9 | Rentokil Initial | 10.36 Bn | 3.71 Bn | - | -3.42 Bn |
| 10 | Tetra Tech | 8.68 Bn | 7.79 Bn | 243.21 Mn | 220.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 179.00 Mn |
| Mar 31, 2026 | 168.00 Mn |
| Dec 31, 2025 | 183.00 Mn |
| Sep 30, 2025 | 151.00 Mn |
| Jun 30, 2025 | 139.00 Mn |
| Mar 31, 2025 | 143.00 Mn |
| Dec 31, 2024 | 182.00 Mn |
| Sep 30, 2024 | 138.00 Mn |
| Jun 30, 2024 | 134.00 Mn |
| Mar 31, 2024 | 156.00 Mn |
| Dec 31, 2023 | 169.00 Mn |
API Access
UL Solutions Payables 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=payables&ticker=ULS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();