UL Solutions (ULS) Return on Invested Capital [ROIC] (2024 - 2026)
UL Solutions (ULS) recorded Return on Invested Capital [ROIC] of 22.87% in Q2 2026, down 0.99 percentage points from 23.86% a year earlier and down 0.41 percentage points from the prior quarter.
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Analysis
UL Solutions (ULS) Return on Invested Capital [ROIC] (2024 - 2026) Analysis & Trends
For FY2025, UL Solutions reported Return on Invested Capital [ROIC] of 22.16%, down 1.44 percentage points from FY2024.
- Across earlier years, Return on Invested Capital [ROIC] came in at 23.60% in FY2024.
- Quarterly Return on Invested Capital [ROIC] has ranged from 19.59% in Q1 2024 to 23.86% in Q2 2025 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for three consecutive quarters, with an average year-over-year change of +1.27 percentage points over the last six quarters.
- Per Business Quant, the preceding three quarters came in at 23.28% (Q1 2026), 21.59% (Q4 2025) and 23.40% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 132.79 Bn | 93.20 Bn | 6.13 Bn | 20.89% |
| 2 | Cintas | 77.24 Bn | 76.43 Bn | 1.48 Bn | 27.72% |
| 3 | Iron Mountain | 33.76 Bn | 33.28 Bn | 1.07 Bn | 7.58% |
| 4 | APi | 17.50 Bn | 14.54 Bn | 703.00 Mn | 6.73% |
| 5 | Aramark | 14.64 Bn | 12.66 Bn | 430.34 Mn | 6.84% |
| 6 | Rollins | 14.51 Bn | 14.06 Bn | 569.95 Mn | 26.74% |
| 7 | UL Solutions | 13.33 Bn | 12.11 Bn | 417.00 Mn | 22.87% |
| 8 | Gartner | 11.67 Bn | 5.36 Bn | 1.19 Bn | 28.65% |
| 9 | Rentokil Initial | 10.08 Bn | 3.42 Bn | - | - |
| 10 | Tetra Tech | 8.48 Bn | 7.59 Bn | 243.21 Mn | 16.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.87% |
| Mar 31, 2026 | 23.28% |
| Dec 31, 2025 | 21.59% |
| Sep 30, 2025 | 23.40% |
| Jun 30, 2025 | 23.86% |
| Mar 31, 2025 | 23.68% |
| Dec 31, 2024 | 22.82% |
| Sep 30, 2024 | 21.25% |
| Jun 30, 2024 | 19.83% |
| Mar 31, 2024 | 19.59% |
API Access
UL Solutions Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=ULS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();