What is UL Solutions's D&A?

UL Solutions (ULS) reported D&A of $47M in Q1 2026.

How has UL Solutions's D&A changed year-over-year?

UL Solutions's D&A increased by 4.4% year-over-year, from $45M to $47M.

What is the long-term trend for UL Solutions's D&A?

Over 3 years (2022 to 2025), UL Solutions's D&A has grown at a 11.7% compound annual growth rate (CAGR), from $135M to $188M.

Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

UL Solutions ULS D&A

D&A at other companies

FortiveFTV

$22M-9.5%

TIC Solutions TIC

$58.88M+106%

Applied Industrial TechnologiesAIT

$6.4M-2.8%

Tetra TechTTEK

$14.34M+3.4%

TE ConnectivityTEL

$243M+26.6%

ESO

Energy Services of AmericaESOA

$3.37M+11.7%

Segments

By segment

See full

Consumer$21M+10.5%

Industrial$16M0.0%

Risk & Compliance Software$10M—

Other financials

Income statement

See full

Revenue$758.0M+7.5%

Gross profit$381.0M+12.1%

Operating income$138.0M+26.6%

Net income$92.0M+37.3%

EPS (diluted)$0.45+36.4%

Balance sheet

See full

Cash & equivalents$258.0M-3.4%

Total debt$539.0M-36.1%

Total equity$1.3B+36.0%

Total assets$3.0B+2.7%

Cash flow

See full

Operating cash flow$219.0M+42.2%

CapEx$69.0M+35.3%

Free cash flow$150.0M+45.6%

Valuation

See full

Market cap$18.48B+27.3%

Enterprise value$18.76B+24.7%

P/E52.8×+8.4×

P/S6×+1.0×

Profitability

See full

Gross margin49.9%+1.3pp

Operating margin17.7%+1.2pp

Net margin11.3%-0.3pp

FCF margin14.5%+4.0pp

Returns & leverage

See full

Return on equity30.6%-10.5pp

Debt / equity0.4×-0.5×

Current ratio1.2×-0.1×

Where this comes from

Reported directly by UL Solutions in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: UL Solutions’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about UL Solutions's d&a.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is UL Solutions's D&A?: UL Solutions (ULS) reported D&A of $47M in Q1 2026.
How has UL Solutions's D&A changed year-over-year?: UL Solutions's D&A increased by 4.4% year-over-year, from $45M to $47M.
What is the long-term trend for UL Solutions's D&A?: Over 3 years (2022 to 2025), UL Solutions's D&A has grown at a 11.7% compound annual growth rate (CAGR), from $135M to $188M.
What does D&A mean?: Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.