UL Solutions Industrial — D&A increased by 6.7% to $16.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $16.00M to $16.00M. Over 3 years (FY 2022 to FY 2025), Industrial — D&A shows an upward trend with a 21.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A steady increase often correlates with high capital expenditure cycles to modernize testing capabilities.
The non-cash expense allocated to the Industrial segment for the wear and tear of testing equipment, laboratory faciliti...
Standard non-cash expense reported by all capital-intensive industrial service firms.
uls_segment_industrial_depreciation_and_amortization| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.00M | $8.00M | $8.00M | $8.00M | $9.50M | $9.50M | $9.50M | $9.50M | $11.00M | $10.00M | $12.00M | $14.00M | $16.00M | $14.00M | $13.00M | $15.00M | $16.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +18.8% | +0.0% | +0.0% | +0.0% | +15.8% | -9.1% | +20.0% | +16.7% | +14.3% | -12.5% | -7.1% | +15.4% | +6.7% |
| YoY Change | — | — | — | — | +18.8% | +18.8% | +18.8% | +18.8% | +15.8% | +5.3% | +26.3% | +47.4% | +45.5% | +40.0% | +8.3% | +7.1% | +0.0% |