UL Solutions, Inc. engages in the provision of testing, inspection, and certification services. The company is headquartered in Northbrook, Illinois and currently employs 14,587 full-time employees. The company went IPO on 2024-04-12. The firm provides independent testing, inspection and certification (TIC) services and related software and advisory (S&A) offerings to customers worldwide. Its segments include Industrial, Consumer, and Software and Advisory. Industrial segment provides TIC services to help ensure that its customers' industrial products meet or exceed international standards for product safety, performance, cybersecurity and sustainability. Its services serve end markets such as energy, industrial automation, engineered materials and built environment. Consumer segment provides a variety of global product market acceptance and risk mitigation services for customers in the consumer products end market, including consumer electronics, medical devices, information technologies and appliances. The S&A business offers complementary software and advisory solutions. The company also specializes in performance testing of cells, small modules and battery systems.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue
3,053
3,053
2,870
2,678
2,520
2,517
Revenue Growth (YoY)
6%
6%
7%
6%
0%
--
Cost of Revenue
1,543
1,543
1,477
1,398
1,313
1,338
Gross Profit
1,510
1,510
1,393
1,280
1,207
1,179
Selling, General & Admin
953
940
918
860
779
871
Research & Development
--
--
--
--
--
--
Operating Expenses
953
953
931
875
795
892
Other Non Operating Income (Expenses)
-5
-5
-9
-5
-26
-28
Pretax Income
470
470
415
346
383
274
Income Tax Expense
125
125
70
70
74
36
Net Income
325
325
326
260
293
224
Net Income Growth
0%
0%
25%
-11%
31%
--
Shares Outstanding (Diluted)
203
203
201
200
200
200
Shares Change (YoY)
1%
1%
1%
0%
0%
--
EPS (Diluted)
1.6
1.6
1.62
1.3
1.46
1.12
EPS Growth
-1%
-1%
25%
-11%
31%
--
Free Cash Flow
403
403
287
252
208
314
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
49.45%
49.45%
48.53%
47.79%
47.89%
46.84%
Operating Margin
18.24%
18.24%
16.09%
15.12%
16.34%
11.4%
Profit Margin
10.64%
10.64%
11.35%
9.7%
11.62%
8.89%
Free Cash Flow Margin
13.2%
13.2%
10%
9.41%
8.25%
12.47%
EBITDA
745
745
634
559
547
429
EBITDA Margin
24.4%
24.4%
22.09%
20.87%
21.7%
17.04%
D&A For EBITDA
188
188
172
154
135
142
EBIT
557
557
462
405
412
287
EBIT Margin
18.24%
18.24%
16.09%
15.12%
16.34%
11.4%
Effective Tax Rate
26.59%
26.59%
16.86%
20.23%
19.32%
13.13%
Follow-Up Questions
What are UL Solutions Inc's key financial statements?
According to the latest financial statement (Form-10K), UL Solutions Inc has a total asset of $2,921, Net profit of $325
What are the key financial ratios for ULS?
UL Solutions Inc's Current ratio is 1.76, has a Net margin is 10.64, sales per share of $15.03.
How is UL Solutions Inc's revenue broken down by segment or geography?
UL Solutions Inc largest revenue segment is Certification Testing, at a revenue of 851,000,000 in the most earnings release.For geography, United States is the primary market for UL Solutions Inc, at a revenue of 1,253,000,000.
Is UL Solutions Inc profitable?
yes, according to the latest financial statements, UL Solutions Inc has a net profit of $325
Does UL Solutions Inc have any liabilities?
yes, UL Solutions Inc has liability of 1,659
How many outstanding shares for UL Solutions Inc?
UL Solutions Inc has a total outstanding shares of 201.02