UL Solutions annual operating margin
2022
2023
2024
2025
UL Solutions Operating Margin Growth & History (ULS)
UL Solutions's operating margin was 17.10% for fiscal 2025.
View full UL Solutions company overviewUL Solutions annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 17.10% | +1.00 pp |
| 2024 | 2024-12-31 | 16.10% | +2.36 pp |
| 2023 | 2023-12-31 | 13.74% | −2.61 pp |
| 2022 | 2022-12-31 | 16.35% | — |
UL Solutions quarterly operating margin
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
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 18.38% | +0.47 pp |
| Q1 2026 | 2026-03-31 | 18.21% | +2.74 pp |
| Q4 2025 | 2025-12-31 | 14.96% | −0.61 pp |
| Q3 2025 | 2025-09-30 | 19.92% | +2.14 pp |
| Q2 2025 | 2025-06-30 | 17.91% | +0.65 pp |
| Q1 2025 | 2025-03-31 | 15.46% | +1.88 pp |
| Q4 2024 | 2024-12-31 | 15.56% | +2.84 pp |
| Q3 2024 | 2024-09-30 | 17.78% | +4.62 pp |
| Q2 2024 | 2024-06-30 | 17.26% | +0.28 pp |
| Q1 2024 | 2024-03-31 | 13.58% | +1.66 pp |
| Q4 2023 | 2023-12-31 | 12.72% | — |
| Q3 2023 | 2023-09-30 | 13.17% | — |
| Q2 2023 | 2023-06-30 | 16.98% | — |
| Q1 2023 | 2023-03-31 | 11.92% | — |
UL Solutions operating margin trends
Between the periods ended 2022-12-31 and 2025-12-31, UL Solutions's operating margin increased from 16.35% to 17.10%, a change of +0.75 percentage points. The latest reported quarter, Q2 2026, shows 18.38%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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