Financial research concept

Testing & Certification Consumer Adjusted EBITDA Margin

measures Consumer segment adjusted EBITDA as a percentage of segment revenue.

By Lee BaileyPublished Oct 1, 2026
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Research date
Oct 1, 2026Use the dated article and cited sources for the definition, examples, and stated limitations.
Operating-model context
10 connected conceptsPart of the reviewed Testing, Inspection & Certification Economics; issuer definitions remain distinct where disclosed.
Company examples
1 reviewed companyRelationships reflect supported examples, not a normalized cross-company KPI ranking.

Testing & certification Consumer adjusted EBITDA margin measures Consumer segment adjusted EBITDA as a percentage of segment revenue.

UL Solutions reported a 21.3% Consumer adjusted EBITDA margin in the second quarter of 2026, up from 18.2% a year earlier. Consumer adjusted EBITDA increased to $77M from $62M.

Margin expanded faster than revenue

Consumer reported revenue grew 6.5%, while adjusted EBITDA grew materially faster.

UL Solutions said consolidated margin expansion was led by the Consumer segment.

Segment margin is not a standardized TIC peer measure

The calculation follows UL Solutions' segment reporting and non-GAAP adjustments.

Read it with Consumer organic revenue growth and ongoing certification services revenue mix.

Primary source: UL Solutions Q2 2026 SEC-filed earnings release.

Part of the Testing, Inspection & Certification Economics

Connects UL Solutions segment organic growth, segment adjusted EBITDA conversion, and major-service revenue mix.

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