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UL Solutions ULS EBITDA margin

EBITDA margin at other companies

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19.7%-0.5pp
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12.3%+12.3pp
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12.2%-0.2pp
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13.2%+5.8pp
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14%+5.4pp

Other financials

Income statement

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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

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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

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Operating cash flow$219.0M+42.2%
CapEx$69.0M+35.3%
Free cash flow$150.0M+45.6%

Valuation

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Market cap$15.52B+18.1%
Enterprise value$15.8B+15.5%
P/E44.3×+4.1×
P/S+0.5×

Profitability

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Gross margin49.9%+1.3pp
Operating margin17.7%+1.2pp
Net margin11.3%-0.3pp
FCF margin14.5%+4.0pp

Returns & leverage

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Return on equity30.6%-10.5pp
Debt / equity0.4×-0.5×
Current ratio1.2×-0.1×

Where this comes from

Calculated from UL Solutions’s reported figures.

Based on trailing twelve months.

The source filing: UL Solutions’s 10-Q, filed May 5, 2026. Open the filing →

Filed
May 5, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001901440-26-000012

FAQ

What is UL Solutions's EBITDA margin?
UL Solutions (ULS) reported EBITDA margin of 23.9% in Q1 2026.
How has UL Solutions's EBITDA margin changed year-over-year?
UL Solutions's EBITDA margin increased by 5.6% year-over-year, from 22.6% to 23.9%.
What is the long-term trend for UL Solutions's EBITDA margin?
Over 3 years (2022 to 2025), UL Solutions's EBITDA margin has grown at a 2.3% compound annual growth rate (CAGR), from 21.7% to 23.3%.
What does EBITDA margin mean?
EBITDA (earnings before interest, taxes, depreciation, and amortization) as a percentage of revenue, trailing twelve months. A proxy for cash operating profitability that strips out capital-structure and non-cash charges.

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