UL Solutions (ULS) Total Debt (2023 - 2026)
UL Solutions (ULS) recorded Total Debt of $764 million in Q3 2026, up 40.4% from $544 million a year earlier and up 153.8% from the prior quarter.
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Analysis
UL Solutions (ULS) Total Debt (2023 - 2026) Analysis & Trends
At the end of FY2025, UL Solutions reported Total Debt of $491 million, down 33.8% from FY2024.
- Across earlier years, Total Debt came in at $742 million in FY2024 (-17.9%) and $904 million in FY2023.
- The Q3 2026 figure is the highest quarterly Total Debt since Q3 2024.
- On a year-over-year basis, Total Debt rose in 1 of the last eight quarters, with an average decline of 23.3%.
- Peak year-over-year performance for Total Debt in the last five years was growth of 40.4% in Q3 2026, against a decline of 50.5% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $301 million (Q2 2026), $357 million (Q1 2026) and $491 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 153.56 Bn | 111.49 Bn | 5.98 Bn | 10.11 Bn |
| 2 | Cintas | 88.59 Bn | 87.67 Bn | 1.55 Bn | 2.43 Bn |
| 3 | Iron Mountain | 33.27 Bn | 32.47 Bn | 1.06 Bn | 17.97 Bn |
| 4 | APi | 18.49 Bn | 15.70 Bn | 770.00 Mn | 3.57 Bn |
| 5 | Rollins | 18.05 Bn | 17.59 Bn | 582.90 Mn | 727.15 Mn |
| 6 | UL Solutions | 16.33 Bn | 14.33 Bn | 423.00 Mn | 764.00 Mn |
| 7 | Aramark | 14.48 Bn | 12.43 Bn | 430.34 Mn | 6.13 Bn |
| 8 | Rentokil Initial | 11.94 Bn | 6.46 Bn | - | 5.57 Bn |
| 9 | Gartner | 11.90 Bn | 5.39 Bn | 1.07 Bn | 2.98 Bn |
| 10 | Tetra Tech | 10.45 Bn | 9.56 Bn | 243.21 Mn | 801.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 764.00 Mn |
| Jun 30, 2026 | 301.00 Mn |
| Mar 31, 2026 | 357.00 Mn |
| Dec 31, 2025 | 491.00 Mn |
| Sep 30, 2025 | 544.00 Mn |
| Jun 30, 2025 | 608.00 Mn |
| Mar 31, 2025 | 653.00 Mn |
| Dec 31, 2024 | 742.00 Mn |
| Sep 30, 2024 | 797.00 Mn |
| Jun 30, 2024 | 785.00 Mn |
| Mar 31, 2024 | 867.00 Mn |
| Dec 31, 2023 | 904.00 Mn |
API Access
UL Solutions Total Debt 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=total-debt&ticker=ULS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=ULS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();