UL Solutions (ULS) Return on Capital Employed [ROCE] (2024 - 2026)
UL Solutions' Return on Capital Employed [ROCE] came in at 22.24% for Q3 2026, down 1.78 percentage points from 24.02% a year earlier and down 3.65 percentage points from the prior quarter.
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Analysis
UL Solutions (ULS) Return on Capital Employed [ROCE] (2024 - 2026) Analysis & Trends
For FY2025, UL Solutions' Return on Capital Employed [ROCE] was 24.85%, up 2.07 percentage points from FY2024.
- Going back by year, Return on Capital Employed [ROCE] was 22.78% in FY2024.
- The Q3 2026 figure represents the lowest quarterly Return on Capital Employed [ROCE] since Q4 2024.
- Year-over-year, Return on Capital Employed [ROCE] increased in six of the last seven quarters, with an average year-over-year change of +2.51 percentage points.
- Business Quant data shows ULS's Return on Capital Employed [ROCE] at 25.89% (Q2 2026), 27.02% (Q1 2026) and 24.28% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 154.21 Bn | 112.14 Bn | 5.98 Bn | 23.33% |
| 2 | Cintas | 91.35 Bn | 90.43 Bn | 1.55 Bn | 34.24% |
| 3 | Iron Mountain | 33.36 Bn | 32.55 Bn | 1.06 Bn | 8.28% |
| 4 | APi | 18.61 Bn | 15.83 Bn | 770.00 Mn | 8.90% |
| 5 | Rollins | 18.45 Bn | 17.99 Bn | 582.90 Mn | 30.79% |
| 6 | UL Solutions | 16.47 Bn | 14.50 Bn | 423.00 Mn | 22.24% |
| 7 | Aramark | 13.88 Bn | 11.82 Bn | 430.34 Mn | 7.98% |
| 8 | Rentokil Initial | 12.08 Bn | 5.60 Bn | - | - |
| 9 | Gartner | 12.05 Bn | 5.53 Bn | 1.07 Bn | 35.82% |
| 10 | Booz Allen Hamilton Holding | 10.33 Bn | 7.84 Bn | 1.45 Bn | 17.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.24% |
| Jun 30, 2026 | 25.89% |
| 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% |
API Access
UL Solutions Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=ULS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();