UL Solutions (ULS) Retained Earnings (2023 - 2026)
UL Solutions' Retained Earnings came in at $828 million for Q3 2026, up 93.0% from $429 million a year earlier and up 10.4% from the prior quarter.
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Analysis
UL Solutions (ULS) Retained Earnings (2023 - 2026) Analysis & Trends
At the end of FY2025, UL Solutions' Retained Earnings was $470 million, up 88.0% from FY2024.
- Going back by year, Retained Earnings was $250 million in FY2024 (+941.7%) and $24 million in FY2023.
- The Q3 2026 figure represents the highest quarterly Retained Earnings in data going back to Q4 2023.
- Year-over-year, Retained Earnings has increased for eight consecutive quarters, with growth averaging 254.8% over the last eight quarters.
- Over the past five years, the year-over-year growth in Retained Earnings ranged from 83.2% (Q1 2026) to 941.7% (Q4 2024).
- Business Quant data shows ULS's Retained Earnings at $750 million (Q2 2026), $533 million (Q1 2026) and $470 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 153.56 Bn | 111.49 Bn | 5.98 Bn | 24.94 Bn |
| 2 | Cintas | 88.59 Bn | 87.67 Bn | 1.55 Bn | 13.42 Bn |
| 3 | Iron Mountain | 33.27 Bn | 32.47 Bn | 1.06 Bn | 5.83 Bn |
| 4 | APi | 18.49 Bn | 15.70 Bn | 770.00 Mn | 787.00 Mn |
| 5 | Rollins | 18.05 Bn | 17.59 Bn | 582.90 Mn | 748.80 Mn |
| 6 | UL Solutions | 16.33 Bn | 14.33 Bn | 423.00 Mn | 828.00 Mn |
| 7 | Aramark | 14.48 Bn | 12.43 Bn | 430.34 Mn | 652.31 Mn |
| 8 | Rentokil Initial | 11.94 Bn | 6.46 Bn | - | 6.38 Bn |
| 9 | Gartner | 11.90 Bn | 5.39 Bn | 1.07 Bn | 7.43 Bn |
| 10 | Tetra Tech | 10.45 Bn | 9.56 Bn | 243.21 Mn | 1.96 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 828.00 Mn |
| Jun 30, 2026 | 750.00 Mn |
| Mar 31, 2026 | 533.00 Mn |
| Dec 31, 2025 | 470.00 Mn |
| Sep 30, 2025 | 429.00 Mn |
| Jun 30, 2025 | 356.00 Mn |
| Mar 31, 2025 | 291.00 Mn |
| Dec 31, 2024 | 250.00 Mn |
| Sep 30, 2024 | 194.00 Mn |
| Jun 30, 2024 | 131.00 Mn |
| Mar 31, 2024 | 55.00 Mn |
| Dec 31, 2023 | 24.00 Mn |
API Access
UL Solutions Retained Earnings 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=retained-earnings&ticker=ULS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();