What is UL Solutions's interest expense?

UL Solutions (ULS) reported interest expense of $8M in Q1 2026.

How has UL Solutions's interest expense changed year-over-year?

UL Solutions's interest expense decreased by 33.3% year-over-year, from $12M to $8M.

What is the long-term trend for UL Solutions's interest expense?

Over 3 years (2022 to 2025), UL Solutions's interest expense has grown at a 34.1% compound annual growth rate (CAGR), from $17M to $41M.

What does interest expense mean?

Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

UL Solutions ULS Interest Expense

Interest Expense at other companies

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$35.4M+10.3%

TIC Solutions TIC

$29.02M+81.3%

Applied Industrial TechnologiesAIT

$4.55M-11.3%

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$8.84M+4.1%

TE ConnectivityTEL

$32M+129%

ESO

Energy Services of AmericaESOA

$621.84K-29.0%

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

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

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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$18.48B+27.3%

Enterprise value$18.76B+24.7%

P/E52.8×+8.4×

P/S6×+1.0×

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

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:InterestExpenseNonoperating.

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

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Questions, answered.

What is UL Solutions's interest expense?: UL Solutions (ULS) reported interest expense of $8M in Q1 2026.
How has UL Solutions's interest expense changed year-over-year?: UL Solutions's interest expense decreased by 33.3% year-over-year, from $12M to $8M.
What is the long-term trend for UL Solutions's interest expense?: Over 3 years (2022 to 2025), UL Solutions's interest expense has grown at a 34.1% compound annual growth rate (CAGR), from $17M to $41M.
What does interest expense mean?: Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.