UL Solutions (ULS) Retained Earnings (2023 - 2026)
UL Solutions' Retained Earnings came in at $750 million for Q2 2026, up 110.7% from $356 million a year earlier and up 40.7% 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 Q2 2026 figure represents the highest quarterly Retained Earnings in data going back to Q4 2023.
- Year-over-year, Retained Earnings has increased for seven consecutive quarters, with growth averaging 277.9% over the last seven quarters.
- Business Quant data shows ULS's Retained Earnings at $533 million (Q1 2026), $470 million (Q4 2025) and $429 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 116.45 Bn | 76.86 Bn | 6.13 Bn | 24.03 Bn |
| 2 | Cintas | 80.26 Bn | 79.45 Bn | 1.48 Bn | 13.07 Bn |
| 3 | Iron Mountain | 33.05 Bn | 32.57 Bn | 1.07 Bn | 5.69 Bn |
| 4 | APi | 16.57 Bn | 13.61 Bn | 703.00 Mn | 673.00 Mn |
| 5 | Rollins | 14.72 Bn | 14.26 Bn | 569.95 Mn | 794.96 Mn |
| 6 | Aramark | 14.30 Bn | 12.32 Bn | 430.34 Mn | 652.31 Mn |
| 7 | UL Solutions | 13.09 Bn | 11.87 Bn | 417.00 Mn | 750.00 Mn |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | 7.22 Bn |
| 9 | Rentokil Initial | 10.36 Bn | 3.71 Bn | - | - |
| 10 | Tetra Tech | 8.68 Bn | 7.79 Bn | 243.21 Mn | 1.96 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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();