UL Solutions ULS
NYSE ULS
$71.88 -1.01 (-1.39%)
As of: Sep 10, 2026 · 12:58 PM EDT

UL Solutions (ULS) Tax Rate (2023 - 2026)

UL Solutions' (ULS) quarterly Tax Rate came in at 24.85% in Q2 2026, up 245.0% year-over-year from 7.2% in Q2 2025, and little changed quarter-over-quarter from 24.81% in Q1 2026.

Analysis

UL Solutions (ULS) Tax Rate (2023 - 2026) Analysis & Trends

UL Solutions has disclosed Tax Rate across 4 years of filings, most recently posting 24.85% for Q2 2026.

  • In Q2 2026, Tax Rate rose 245.0% year-over-year to 24.85%; the TTM figure through Jun 2026 stood at 26.46% (up 773.0% YoY), while the FY2025 annual figure was 26.6%, up 973.0% from the prior year.
  • Tax Rate came in at 24.85% for Q2 2026 at UL Solutions, roughly flat from 24.81% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 32.38% in Q4 2025 to a low of 7.61% in Q4 2024.
  • Average Tax Rate over 4 years is 21.72%, with a median of 21.96% recorded in 2023.
  • Year-over-year, Tax Rate slumped 1391 bps in 2024 and jumped 2477 bps in 2025.
  • Over 4 years, Tax Rate stood at 21.52% in 2023, then slumped by 65 bps to 7.61% in 2024, then soared by 326 bps to 32.38% in 2025, then fell by 23 bps to 24.85% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 24.85% in Q2 2026, 24.81% in Q1 2026, and 32.38% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Accenture 109.01 Bn 98.84 Bn 6.13 Bn 24.19%
2 UL Solutions 14.52 Bn 14.09 Bn 417.00 Mn 24.85%
3 Gartner 11.36 Bn 9.87 Bn 1.19 Bn 22.31%
4 Tetra Tech 9.24 Bn 9.01 Bn 243.21 Mn 27.17%
5 Booz Allen Hamilton Holding 9.06 Bn 8.52 Bn 1.46 Bn 21.12%
6 Genpact 5.84 Bn 5.33 Bn 490.34 Mn 23.65%
7 Fti Consulting 4.34 Bn 4.18 Bn 316.27 Mn 20.80%
8 Korn Ferry 4.01 Bn 2.88 Bn 685.99 Mn 28.22%
9 Grand Canyon Education 4.00 Bn 3.72 Bn 204.08 Mn 24.65%
10 Exponent 3.31 Bn 3.25 Bn 158.75 Mn 27.89%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 24.85%
Mar 31, 2026 24.81%
Dec 31, 2025 32.38%
Sep 30, 2025 27.40%
Jun 30, 2025 22.40%
Mar 31, 2025 24.47%
Dec 31, 2024 7.61%
Sep 30, 2024 18.97%
Jun 30, 2024 20.90%
Mar 31, 2024 17.81%
Dec 31, 2023 21.52%
Sep 30, 2023 24.00%
Jun 30, 2023 17.50%
Mar 31, 2023 19.44%