UL Solutions (ULS) Return on Equity [ROE] (2023 - 2026)
UL Solutions (ULS) posted Return on Equity [ROE] of 32.10% for Q3 2026, up 1.33 percentage points from 30.78% a year earlier but down 3.62 percentage points from the prior quarter.
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Analysis
UL Solutions (ULS) Return on Equity [ROE] (2023 - 2026) Analysis & Trends
For FY2025, UL Solutions' Return on Equity [ROE] came in at 31.01%, down 11.87 percentage points from FY2024.
- In prior years, UL Solutions' Return on Equity [ROE] was 42.88% in FY2024 (+11.43 pp) and 31.45% in FY2023.
- Quarterly Return on Equity [ROE] has run from a low of 27.45% in Q4 2025 to a high of 40.85% in Q1 2024 over five years.
- On a year-over-year basis, Return on Equity [ROE] increased in three of the last eight quarters, with an average year-over-year change of -2.99 percentage points.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was Q4 2024, with a gain of 8.33 percentage points; the weakest was Q4 2025, with a drop of 10.32 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was 35.72% (Q2 2026), 28.21% (Q1 2026) and 27.45% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 172.92 Bn | 132.01 Bn | 5.98 Bn | 25.93% |
| 2 | Cintas | 90.00 Bn | 89.09 Bn | 1.55 Bn | 39.84% |
| 3 | Iron Mountain | 32.99 Bn | 32.50 Bn | 1.06 Bn | - |
| 4 | Rollins | 18.37 Bn | 17.91 Bn | 582.90 Mn | 37.31% |
| 5 | APi | 18.18 Bn | 15.39 Bn | 770.00 Mn | 10.48% |
| 6 | UL Solutions | 16.47 Bn | 14.51 Bn | 423.00 Mn | 32.10% |
| 7 | Aramark | 14.29 Bn | 12.30 Bn | 430.34 Mn | 11.50% |
| 8 | Rentokil Initial | 11.99 Bn | 5.51 Bn | - | - |
| 9 | Gartner | 11.92 Bn | 5.41 Bn | 1.07 Bn | - |
| 10 | Tetra Tech | 10.41 Bn | 9.52 Bn | 243.21 Mn | 23.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 32.10% |
| Jun 30, 2026 | 35.72% |
| Mar 31, 2026 | 28.21% |
| Dec 31, 2025 | 27.45% |
| Sep 30, 2025 | 30.78% |
| Jun 30, 2025 | 33.09% |
| Mar 31, 2025 | 37.18% |
| Dec 31, 2024 | 37.77% |
| Sep 30, 2024 | 38.29% |
| Jun 30, 2024 | 38.80% |
| Mar 31, 2024 | 40.85% |
| Dec 31, 2023 | 29.44% |
API Access
UL Solutions Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=ULS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();