UL Solutions (ULS) Return on Capital Employed (2024 - 2026)

UL Solutions' (ULS) quarterly Return on Capital Employed came in at 27.02% in Q1 2026, up 344.0% year-on-year from 6.09% in Q1 2025, and up 11.28% quarter-over-quarter from 24.28% in Q4 2025.

UL Solutions (ULS) Return on Capital Employed (2024 - 2026) Analysis & Trends

UL Solutions has disclosed Return on Capital Employed across 3 years of filings, most recently posting 27.02% for Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 27.02%, up 344.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.02% (up 344.0% YoY), and the FY2025 annual result was 24.85%, up 207.0% from the prior year.
  • Return on Capital Employed came in at 27.02% for Q1 2026 at UL Solutions, up from 24.28% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 27.02% in Q1 2026 to a low of 19.21% in Q2 2024.
  • The 3-year median for Return on Capital Employed is 23.09% (2025), against an average of 22.65%.
  • Peak annual rise in Return on Capital Employed reached 393 bps in 2025, while the deepest fall reached 227 bps in 2025.
  • UL Solutions' Return on Capital Employed stood at 22.02% in 2024, then increased by 10 bps to 24.28% in 2025, then rose by 11 bps to 27.02% in 2026.
  • The last three Return on Capital Employed figures came in at 27.02% (Q1 2026), 24.28% (Q4 2025), and 24.02% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Cintas 70.95 Bn 70.77 Bn 1.45 Bn 30.25%
2 Copart 29.43 Bn 26.09 Bn 1.08 Bn 17.98%
3 Rb Global 20.04 Bn 19.85 Bn 869.50 Mn 7.10%
4 UL Solutions 19.54 Bn 19.30 Bn 381.00 Mn 27.02%
5 Global Payments 18.52 Bn 13.33 Bn 1.70 Bn 3.08%
6 Aramark 14.28 Bn 13.87 Bn 426.35 Mn 7.90%
7 Relx 11.84 Bn 11.60 Bn - -
8 Amentum Holdings 5.58 Bn 5.67 Bn 345.00 Mn 5.80%
9 Dolby Laboratories 5.00 Bn 4.42 Bn 350.90 Mn 9.19%
10 Unifirst 4.79 Bn 4.63 Bn 218.82 Mn 6.80%

Historic Data

Download Data
DateValue
Mar 31, 2026 27.02%
Dec 31, 2025 24.28%
Sep 30, 2025 24.02%
Jun 30, 2025 23.09%
Mar 31, 2025 23.59%
Dec 31, 2024 22.02%
Sep 30, 2024 20.97%
Jun 30, 2024 19.21%
Mar 31, 2024 19.66%