UL Solutions (ULS) Tax Provisions (2023 - 2026)
UL Solutions (ULS) reported Tax Provisions of $32.0 million for Q1 2026, up 39.13% on a YoY basis from $23.0 million in Q1 2025, and down 5.88% sequentially from $34.0 million in Q4 2025.
UL Solutions (ULS) Tax Provisions (2023 - 2026) Analysis & Trends
UL Solutions (ULS) has 4 years of Tax Provisions data on file, last reported at $32.0 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 39.13% year-over-year to $32.0 million; the trailing twelve-month figure through Mar 2026 stood at $134.0 million (up 67.5% YoY), and the FY2025 full-year result was $125.0 million, up 78.57% from the prior year.
- Tax Provisions eased to $32.0 million in Q1 2026, from $34.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $40.0 million in Q3 2025 to a low of $7.0 million in Q4 2024.
- A 4-year average of $22.8 million and a median of $22.0 million in 2024 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions tumbled 58.82% in 2024 and surged 385.71% in 2025, its largest moves.
- Tracing ULS's Tax Provisions over 4 years: stood at $17.0 million in 2023, then plunged by 58.82% to $7.0 million in 2024, then surged by 385.71% to $34.0 million in 2025, then fell by 5.88% to $32.0 million in 2026.
- Business Quant data shows ULS's Tax Provisions at $32.0 million in Q1 2026, $34.0 million in Q4 2025, and $40.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 130.00 Mn |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | - |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | -125.00 Mn |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | 100.70 Mn |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | -11.84 Mn |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 37.60 Mn |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 32.00 Mn |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | 35.37 Mn |
| 10 | Amentum Holdings | 5.37 Bn | 5.04 Bn | 345.00 Mn | 24.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.00 Mn |
| Dec 31, 2025 | 34.00 Mn |
| Sep 30, 2025 | 40.00 Mn |
| Jun 30, 2025 | 28.00 Mn |
| Mar 31, 2025 | 23.00 Mn |
| Dec 31, 2024 | 7.00 Mn |
| Sep 30, 2024 | 22.00 Mn |
| Jun 30, 2024 | 28.00 Mn |
| Mar 31, 2024 | 13.00 Mn |
| Dec 31, 2023 | 17.00 Mn |
| Sep 30, 2023 | 18.00 Mn |
| Jun 30, 2023 | 21.00 Mn |
| Mar 31, 2023 | 14.00 Mn |