Growth Metrics

UL Solutions (ULS) Tax Rate (2023 - 2025)

UL Solutions' Tax Rate history spans 3 years, with the latest figure at 32.38% for Q4 2025.

  • For Q4 2025, Tax Rate rose 2477.0% year-over-year to 32.38%; the TTM value through Dec 2025 reached 26.6%, up 973.0%, while the annual FY2025 figure was 26.6%, 973.0% up from the prior year.
  • Tax Rate for Q4 2025 was 32.38% at UL Solutions, up from 27.4% in the prior quarter.
  • Across five years, Tax Rate topped out at 32.38% in Q4 2025 and bottomed at 7.61% in Q4 2024.
  • The 3-year median for Tax Rate is 21.21% (2023), against an average of 21.2%.
  • The largest annual shift saw Tax Rate tumbled -1391bps in 2024 before it skyrocketed 2477bps in 2025.
  • A 3-year view of Tax Rate shows it stood at 21.52% in 2023, then crashed by -65bps to 7.61% in 2024, then skyrocketed by 326bps to 32.38% in 2025.
  • Per Business Quant, the three most recent readings for ULS's Tax Rate are 32.38% (Q4 2025), 27.4% (Q3 2025), and 22.4% (Q2 2025).