Discontinued — last reported Q1 '23

Current Assets

Allowance for Doubtful Accounts

UL Solutions Allowance for Doubtful Accounts remained flat by 0.0% to $12.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $12.00M to $12.00M. Over 2 years (FY 2023 to FY 2025), Allowance for Doubtful Accounts shows an upward trend with a 15.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2023

How to read this metric

An increase suggests rising credit risk or economic stress among the customer base.

Detailed definition

A contra-asset account that represents the estimated portion of accounts receivable that the company does not expect to...

Peer comparison

Standard across all utilities; levels are often influenced by regulatory mandates regarding service disconnection policies.

Metric ID: allowance_for_doubtful_accounts

Historical Data

10 periods
 Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$9.00M$11.00M$12.00M$11.00M$9.00M$12.00M$13.00M$13.00M$12.00M$12.00M
QoQ Change+22.2%+9.1%-8.3%-18.2%+33.3%+8.3%+0.0%-7.7%+0.0%
YoY Change+0.0%+9.1%+8.3%+18.2%+33.3%+0.0%
Range$9.00M$13.00M
CAGR+13.6%
Avg YoY Growth+11.5%
Median YoY Growth+8.7%

Frequently Asked Questions

What is UL Solutions's allowance for doubtful accounts?
UL Solutions (ULS) reported allowance for doubtful accounts of $12.00M in Q1 2026.
How has UL Solutions's allowance for doubtful accounts changed year-over-year?
UL Solutions's allowance for doubtful accounts decreased by 0.0% year-over-year, from $12.00M to $12.00M.
What is the long-term trend for UL Solutions's allowance for doubtful accounts?
Over 2 years (2023 to 2025), UL Solutions's allowance for doubtful accounts has grown at a 15.5% compound annual growth rate (CAGR), from $9.00M to $12.00M.
What does allowance for doubtful accounts mean?
The estimated amount of customer debt that the company expects will not be paid.