Non-Current Liabilities

Operating Lease Liabilities

UL Solutions Operating Lease Liabilities decreased by 5.4% to $141.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.0%, from $150.00M to $141.00M. Over 2 years (FY 2023 to FY 2025), Operating Lease Liabilities shows an upward trend with a 11.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026

How to read this metric

An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.

Detailed definition

This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...

Peer comparison

Standard long-term liability for companies with significant real estate or equipment footprints.

Metric ID: operating_lease_liabilities_non_current

Historical Data

10 periods
 Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$120.00M$116.00M$117.00M$153.00M$155.00M$150.00M$155.00M$150.00M$149.00M$141.00M
QoQ Change-3.3%+0.9%+30.8%+1.3%-3.2%+3.3%-3.2%-0.7%-5.4%
YoY Change+29.2%+29.3%+32.5%-2.0%-3.9%-6.0%
Range$116.00M$155.00M
CAGR+7.4%
Avg YoY Growth+13.2%
Median YoY Growth+13.6%
Current Streak3 quarters decline

Frequently Asked Questions

What is UL Solutions's operating lease liabilities?
UL Solutions (ULS) reported operating lease liabilities of $141.00M in Q1 2026.
How has UL Solutions's operating lease liabilities changed year-over-year?
UL Solutions's operating lease liabilities decreased by 6.0% year-over-year, from $150.00M to $141.00M.
What is the long-term trend for UL Solutions's operating lease liabilities?
Over 2 years (2023 to 2025), UL Solutions's operating lease liabilities has grown at a 11.4% compound annual growth rate (CAGR), from $120.00M to $149.00M.
What does operating lease liabilities mean?
The amount of lease payments due after one year.