Current Liabilities

Operating Lease Liabilities (Current)

UL Solutions Operating Lease Liabilities (Current) decreased by 4.7% to $41.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.5%, from $40.00M to $41.00M. Over 2 years (FY 2023 to FY 2025), Operating Lease Liabilities (Current) shows an upward trend with a 5.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026

How to read this metric

An increase indicates higher near-term cash outflows for leases, potentially pressuring short-term liquidity.

Detailed definition

This represents the portion of total operating lease obligations that are due to be paid within the next twelve months....

Peer comparison

Commonly reported by all companies with significant lease portfolios.

Metric ID: operating_lease_liabilities_current

Historical Data

10 periods
 Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$39.00M$37.00M$36.00M$37.00M$38.00M$40.00M$42.00M$42.00M$43.00M$41.00M
QoQ Change-5.1%-2.7%+2.8%+2.7%+5.3%+5.0%+0.0%+2.4%-4.7%
YoY Change-2.6%+8.1%+16.7%+13.5%+13.2%+2.5%
Range$36.00M$43.00M
CAGR+2.2%
Avg YoY Growth+8.6%
Median YoY Growth+10.6%

Frequently Asked Questions

What is UL Solutions's operating lease liabilities (current)?
UL Solutions (ULS) reported operating lease liabilities (current) of $41.00M in Q1 2026.
How has UL Solutions's operating lease liabilities (current) changed year-over-year?
UL Solutions's operating lease liabilities (current) increased by 2.5% year-over-year, from $40.00M to $41.00M.
What is the long-term trend for UL Solutions's operating lease liabilities (current)?
Over 2 years (2023 to 2025), UL Solutions's operating lease liabilities (current) has grown at a 5.0% compound annual growth rate (CAGR), from $39.00M to $43.00M.
What does operating lease liabilities (current) mean?
The amount of lease payments due within one year.