Business Segments · Goodwill

Industrial — Goodwill

UL Solutions Industrial — Goodwill decreased by 0.8% to $374.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.7%, from $344.00M to $374.00M.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2022
Last reportedQ1 2026
Rolls up toGoodwill

How to read this metric

An increase suggests recent acquisitions, while a decrease may indicate impairment charges or write-downs.

Detailed definition

Represents the intangible asset value recorded when the Industrial segment acquires another business for a price exceedi...

Peer comparison

Commonly reported as 'Goodwill' in segment-level disclosures for diversified TIC firms.

Metric ID: uls_segment_industrial_goodwill

Historical Data

11 periods
 Q4 '22Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$311.00M$323.00M$322.00M$332.00M$348.00M$340.00M$344.00M$350.00M$349.00M$377.00M$374.00M
QoQ Change+3.9%-0.3%+3.1%+4.8%-2.3%+1.2%+1.7%-0.3%+8.0%-0.8%
YoY Change+3.9%+5.3%+6.8%+5.4%+0.3%+10.9%+8.7%
Range$311.00M$377.00M
CAGR+7.7%
Avg YoY Growth+5.9%
Median YoY Growth+5.4%

Frequently Asked Questions

What is UL Solutions's industrial — goodwill?
UL Solutions (ULS) reported industrial — goodwill of $374.00M in Q1 2026.
How has UL Solutions's industrial — goodwill changed year-over-year?
UL Solutions's industrial — goodwill increased by 8.7% year-over-year, from $344.00M to $374.00M.
What does industrial — goodwill mean?
The excess purchase price paid for acquired industrial businesses over their net asset value.