UL Solutions (ULS) Tax Provisions (2023 - 2026)
UL Solutions' (ULS) quarterly Tax Provisions came in at $32.0 million in Q1 2026, up 39.13% year-on-year from $23.0 million in Q1 2025, and down 5.88% quarter-over-quarter from $34.0 million in Q4 2025.
UL Solutions (ULS) Tax Provisions (2023 - 2026) Analysis & Trends
UL Solutions has disclosed Tax Provisions across 4 years of filings, most recently posting $32.0 million for Q1 2026.
- Tax Provisions for Q1 2026 came in at $32.0 million, up 39.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $134.0 million (up 67.5% YoY), and the FY2025 annual result was $125.0 million, up 78.57% from the prior year.
- Tax Provisions came in at $32.0 million for Q1 2026 at UL Solutions, down 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.
- The 4-year median for Tax Provisions is $22.0 million (2024), against an average of $22.8 million.
- Across the five-year window, Tax Provisions sank 58.82% in 2024 and surged 385.71% in 2025, its largest moves.
- UL Solutions' Tax Provisions stood at $17.0 million in 2023, then tumbled by 58.82% to $7.0 million in 2024, then soared by 385.71% to $34.0 million in 2025, then retreated by 5.88% to $32.0 million in 2026.
- The last three Tax Provisions figures came in at $32.0 million (Q1 2026), $34.0 million (Q4 2025), and $40.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 130.00 Mn |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 100.70 Mn |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 37.60 Mn |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 32.00 Mn |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | -11.84 Mn |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 35.37 Mn |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 24.00 Mn |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 24.20 Mn |
| 10 | Unifirst | 4.79 Bn | 4.63 Bn | 218.82 Mn | 6.86 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 |