UL Solutions (ULS) Payout Ratio (2023 - 2026)
UL Solutions' (ULS) Payout Ratio was 0.22 for Q3 2026, down 26.9% from 0.30 a year earlier but up 2.0% from the prior quarter.
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Analysis
UL Solutions (ULS) Payout Ratio (2023 - 2026) Analysis & Trends
For FY2025, Payout Ratio at UL Solutions was 0.32, up 4.3% from FY2024.
- By year, Payout Ratio came in at 0.31 in FY2024 (-88.3%), 2.62 in FY2023 (-52.1%) and 5.46 in FY2022.
- Five-year quarterly Payout Ratio spans a low of 0.22 in Q2 2026 and a high of 2.62 in Q1 2024.
- Year over year, Payout Ratio gained in two of the last eight quarters, with an average decline of 50.3%.
- The high point for year-over-year Payout Ratio in five years was Q4 2025 (growth of 4.3%); the low point was Q1 2025 (a decline of 88.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 0.22 (Q2 2026), 0.31 (Q1 2026) and 0.32 (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 | 0.22 |
| Jun 30, 2026 | 0.22 |
| Mar 31, 2026 | 0.31 |
| Dec 31, 2025 | 0.32 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.31 |
| Mar 31, 2025 | 0.30 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 2.29 |
| Jun 30, 2024 | 2.57 |
| Mar 31, 2024 | 2.62 |
| Dec 31, 2023 | 2.62 |
API Access
UL Solutions Payout Ratio 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=payout-ratio&ticker=ULS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();