ul solutions inc - ULS

ULS

Close Chg Chg %
78.68 1.28 1.62%

Closed Market

79.96

+1.28 (1.62%)

Volume: 882.32K

Last Updated:

Dec 26, 2025, 3:59 PM EDT

Company Overview: ul solutions inc - ULS

ULS Key Data

Open

$78.38

Day Range

78.05 - 79.98

52 Week Range

48.54 - 91.95

Market Cap

$15.82B

Shares Outstanding

201.01M

Public Float

62.00M

Beta

0.91

Rev. Per Employee

N/A

P/E Ratio

46.96

EPS

$1.69

Yield

66.09%

Dividend

$0.13

EX-DIVIDEND DATE

Nov 28, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

2.36M

 

ULS Performance

1 Week
 
3.91%
 
1 Month
 
-12.33%
 
3 Months
 
15.15%
 
1 Year
 
58.62%
 
5 Years
 
N/A
 

ULS Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 12
Full Ratings ➔

About ul solutions inc - ULS

UL Solutions, Inc. engages in the provision of testing, inspection, and certification services. It operates through the following segments: Industrial, Consumer, and Software and Advisory. The Industrial segment offers TIC services to help ensure that the company’s customers’ industrial products meet or exceed international standards for product safety, performance, cybersecurity, and sustainability. The Consumer segment focuses on 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, appliances, HVAC, lighting, retail, and emerging consumer applications, including new mobility, smart products and 5G. The Software and Advisory segment refers to complementary software and advisory solutions that extend the value proposition of TIC services the company offers. The company was founded by William Henry Merrill Jr. in 1893 and is headquartered in Northbrook, IL.

ULS At a Glance

UL Solutions, Inc.
333 Pfingsten Road
Northbrook, Illinois 60062
Phone 1-847-272-8800 Revenue 2.87B
Industry Miscellaneous Commercial Services Net Income 326.00M
Sector Commercial Services 2024 Sales Growth 7.17%
Fiscal Year-end 12 / 2025 Employees 15,094
View SEC Filings

ULS Valuation

P/E Current 46.956
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 30.628
Price to Sales Ratio 3.479
Price to Book Ratio 11.045
Price to Cash Flow Ratio 19.05
Enterprise Value to EBITDA 16.796
Enterprise Value to Sales 3.71
Total Debt to Enterprise Value 0.088

ULS Efficiency

Revenue/Employee 190,141.778
Income Per Employee 21,597.986
Receivables Turnover 4.898
Total Asset Turnover 1.037

ULS Liquidity

Current Ratio 1.245
Quick Ratio 1.245
Cash Ratio 0.403

ULS Profitability

Gross Margin 48.084
Operating Margin 16.098
Pretax Margin 14.46
Net Margin 11.359
Return on Assets 11.777
Return on Equity 41.849
Return on Total Capital 17.727
Return on Invested Capital 19.014

ULS Capital Structure

Total Debt to Total Equity 103.429
Total Debt to Total Capital 50.843
Total Debt to Total Assets 33.393
Long-Term Debt to Equity 93.695
Long-Term Debt to Total Capital 46.058
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Ul Solutions Inc - ULS

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
2.52B 2.52B 2.68B 2.87B
Sales Growth
+9.39% +0.12% +6.27% +7.17%
Cost of Goods Sold (COGS) incl D&A
1.34B 1.31B 1.41B 1.49B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
142.00M 135.00M 154.00M 172.00M
Depreciation
76.00M 75.00M 88.00M 100.00M
Amortization of Intangibles
66.00M 60.00M 66.00M 72.00M
COGS Growth
+5.35% -1.87% +7.62% +5.45%
Gross Income
1.18B 1.21B 1.26B 1.38B
Gross Income Growth
+14.35% +2.37% +4.81% +9.09%
Gross Profit Margin
+46.84% +47.90% +47.24% +48.08%
2021 2022 2023 2024 5-year trend
SG&A Expense
892.00M 795.00M 860.00M 918.00M
Research & Development
- - - -
-
Other SG&A
892.00M 795.00M 860.00M 918.00M
SGA Growth
+33.53% -10.87% +8.18% +6.74%
Other Operating Expense
- - - -
-
Unusual Expense
- - - 30.00M
-
EBIT after Unusual Expense
287.00M 412.00M 375.00M 462.00M
Non Operating Income/Expense
(12.00M) (12.00M) 6.00M 8.00M
Non-Operating Interest Income
- - 12.00M 4.00M
-
Equity in Earnings of Affiliates
- - - 1.00M
-
Interest Expense
1.00M 17.00M 35.00M 55.00M
Interest Expense Growth
- +1,600.00% +105.88% +57.14%
Gross Interest Expense
1.00M 17.00M 35.00M 55.00M
Interest Capitalized
- - - -
-
Pretax Income
274.00M 383.00M 346.00M 415.00M
Pretax Income Growth
-17.72% +39.78% -9.66% +19.94%
Pretax Margin
+10.89% +15.20% +12.92% +14.46%
Income Tax
36.00M 74.00M 70.00M 70.00M
Income Tax - Current - Domestic
- - 2.00M 2.00M
-
Income Tax - Current - Foreign
- - 54.00M 73.00M
-
Income Tax - Deferred - Domestic
- - - 12.00M
-
Income Tax - Deferred - Foreign
- - 2.00M (5.00M)
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - 1.00M
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
238.00M 309.00M 276.00M 345.00M
Minority Interest Expense
14.00M 16.00M 16.00M 19.00M
Net Income
224.00M 293.00M 260.00M 326.00M
Net Income Growth
-3.03% +30.80% -11.26% +25.38%
Net Margin Growth
+8.90% +11.63% +9.71% +11.36%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
224.00M 293.00M 260.00M 326.00M
Preferred Dividends
- - - -
-
Net Income Available to Common
224.00M 293.00M 260.00M 326.00M
EPS (Basic)
1.12 1.465 1.3 1.6286
EPS (Basic) Growth
-3.03% +30.80% -11.26% +25.28%
Basic Shares Outstanding
200.00M 200.00M 200.00M 200.17M
EPS (Diluted)
1.12 1.465 1.3 1.6286
EPS (Diluted) Growth
-3.03% +30.80% -11.26% +25.28%
Diluted Shares Outstanding
200.00M 200.00M 200.00M 200.17M
EBITDA
429.00M 547.00M 559.00M 634.00M
EBITDA Growth
-15.88% +27.51% +2.19% +13.42%
EBITDA Margin
+17.04% +21.71% +20.87% +22.09%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 91.411
Number of Ratings 12 Current Quarters Estimate 0.447
FY Report Date 12 / 2025 Current Year's Estimate 1.90
Last Quarter’s Earnings 0.56 Median PE on CY Estimate N/A
Year Ago Earnings 1.70 Next Fiscal Year Estimate 2.048
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 9 8 10 10
Mean Estimate 0.45 0.42 1.90 2.05
High Estimates 0.52 0.46 1.97 2.16
Low Estimate 0.42 0.39 1.86 1.99
Coefficient of Variance 6.83 5.41 1.62 2.40

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 4 4 5
OVERWEIGHT 2 1 1
HOLD 5 5 6
UNDERWEIGHT 1 2 1
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Ul Solutions Inc - ULS

Date Name Shares Transaction Value
Apr 9, 2025 Karen K. Pepping Senior VP & CAO 4,992 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $57.85 per share 288,787.20
Apr 9, 2025 Weifang Zhou See Remarks 43,652 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $57.85 per share 2,525,268.20
Apr 9, 2025 Alberto Uggetti EVP & CCO 10,398 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $53.26 per share 553,797.48
Apr 8, 2025 James M. Shannon Director 1,051 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 7, 2025 Ryan D. Robinson Executive VP & CFO 146,066 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $13.15 per share 1,920,767.90
Apr 7, 2025 Ryan D. Robinson Executive VP & CFO 128,605 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $57.85 per share 7,439,799.25
Apr 7, 2025 Ryan D. Robinson Executive VP & CFO 136,976 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $57.85 per share 7,924,061.60
Apr 7, 2025 Ryan D. Robinson Executive VP & CFO 133,267 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $57.85 per share 7,709,495.95
Apr 7, 2025 Ryan D. Robinson Executive VP & CFO 9,218 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 7, 2025 Ryan D. Robinson Executive VP & CFO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 17, 2025 Charles W. Hooper Director 49 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2025 Alexander Dadakis See Remarks 15,917 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Ul Solutions Inc in the News