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UL Solutions Inc.

ULS

Companies in Services-Testing Laboratories

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Financial Statements

Values in Millions ($)
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
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Assets
Assets Current
Cash And Cash Equivalents At Carrying Value
258295255272267298327295344
Accounts Receivable Net Current
497422386424463380354381429
Contract With Customer Asset Net Current
222204237224203182223206193
Other Assets Current
7079117896561737585
Assets Current
1,0471,0009951,0099989219779571,051
Property Plant And Equipment And Finance Lease Rig…
711699663649631631602554555
Goodwill
643656655656641633651628618
Finite Lived Intangible Assets Net
444852555658616366
Operating Lease Right Of Use Asset
173179184188182186183145147
Deferred Income Tax Assets Net
929499110108108120118112
Capitalized Computer Software Net
93105111119123127133135136
Other Assets Noncurrent
152140139136139136150142134
Assets
2,9552,9212,8982,9222,8782,8002,8772,7422,819
Liabilities And Stockhold…
Liabilities Current
Long Term Debt Current
-00005037--
Accounts Payable Current
168183151139143182138134156
Employee Related Liabilities Current
188282254208164254223171170
Operating Lease Liability Current
414342424038373637
Contract With Customer Liability Current
410173255328400162253317385
Other Liabilities Current
927947485754578281
Liabilities Current
899760749765804740745740829
Long Term Debt Noncurrent
-357491544608653692760785867
Pension And Other Postretirement Defined Benefit P…
125134146202195196222223227
Operating Lease Liability Noncurrent
141149150155150155153117116
Other Liabilities Noncurrent
9793897992861019197
Liabilities
1,6191,6271,6781,8091,8941,8691,9811,9562,136
Common Stock Value
--------0
Stockholders Equity Inclu…
Additional Paid In Capital
888887866852829821817808776
Retained Earnings Accumulated Deficit
53347042935629125019413155
Accumulated Other Comprehensive Income Loss Net Of…
-102-95-102-115-150-167-139-170-160
Stockholders Equity
1,3191,2621,2201,093970904872769671
Minority Interest
173227201427241712
Liabilities And Stockholders Equity
2,9552,9212,8982,9222,8782,8002,8772,7422,819
Common Class A
7877006202339-
Common Class B
124124001380-23161-
Allowance For Doubtful Accounts Receivable Current
12121313129111211
Contract With Customer Asset Accumulated Allowance…
222221111
Property Plant And Equipment And Finance Lease Rig…
890879869849803772771734750
Finite Lived Intangible Assets Accumulated Amortiz…
257256253250243239241235232
Capitalized Computer Software Accumulated Amortiza…
451475475463444427425408395
Common Stock Par Or Stated Value Per Share
--------0.001
Common Stock Shares Issued
--------200
Shares Outstanding
-201---200200200200

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
2026-4.86%-5.29%-18.29%---------
20256.39%7.39%4.65%-2.06%7.66%24.04%5.04%-7.92%-18.01%0.88%2.21%21.75%
20249.30%15.61%32.56%8.07%-3.80%5.42%4.49%-1.96%3.60%-3.04%4.79%30.24%

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Performance and Valuation Metrics

Metrics
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
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Liquidity Ratios
Current Ratio
1.16
1.32
1.33
1.32
1.24
1.24
1.31
1.29
1.27
Quick Ratio
1.16
1.32
1.33
1.32
1.24
1.24
1.31
1.29
1.27
Working Capital
148.00M
240.00M
246.00M
244.00M
194.00M
181.00M
232.00M
217.00M
222.00M
Leverage & Debt
Debt to Equity
1.23
1.26
1.38
1.66
1.95
2.01
2.27
2.54
3.18
Interest Coverage TTM
14.89
12.73
11.53
10.06
9.23
8.40
-
-
-
Debt Ratio
0.55
0.56
0.58
0.62
0.66
0.67
0.69
0.71
0.76
Efficiency & Turnover
Asset Turnover TTM
1.06
1.07
1.04
1.04
1.02
1.03
-
-
-
Days Sales Outstanding TTM
56.41
47.94
44.97
49.78
56.04
48.33
-
-
-
Receivables Turnover TTM
6.47
7.61
8.12
7.33
6.51
7.55
-
-
-
Per Share Metrics
Diluted EPS TTM
1.82
1.70
1.77
1.71
1.75
1.72
-
-
-
Free Cash Flow Per Share TTM
2.24
2.00
1.94
1.81
1.53
1.44
-
-
-
Dividend Per Share TTM
0.53
0.52
0.51
0.51
0.51
0.50
-
-
-
Margin Metrics
Gross Profit Margin TTM
49.94%
49.46%
48.82%
48.46%
48.64%
48.50%
-
-
-
Operating Profit Margin TTM
17.74%
17.10%
17.28%
16.71%
16.52%
16.10%
-
-
-
Net Profit Margin TTM
11.94%
11.30%
11.95%
11.76%
12.25%
12.02%
-
-
-
Growth Metrics
Net Revenue Growth (1Y)
6.92%
6.38%
-
-
-
-
-
-
-
Net Income Growth (1Y)
4.21%
0.00%
-
-
-
-
-
-
-
EPS Growth (1Y)
3.70%
-0.50%
-
-
-
-
-
-
-
Valuation Metrics
P/E TTM
46.37
45.80
39.49
41.92
31.42
28.60
-
-
-
P/B TTM
13.04
12.21
11.62
13.31
11.53
10.60
11.16
10.80
-
P/S TTM
5.54
5.18
4.72
4.93
3.85
3.44
-
-
-
Market Cap
17.20B
15.80B
14.18B
14.55B
11.18B
9.87B
9.73B
8.31B
-
Enterprise Value
16.59B
16.00B
14.47B
14.88B
11.57B
10.31B
10.20B
8.80B
-
Calculated Values
Free Cash Flow TTM
450.00M
403.00M
389.00M
364.00M
306.00M
287.00M
-
-
-
Net Debt
-615.00M
196.00M
289.00M
336.00M
386.00M
444.00M
470.00M
490.00M
523.00M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-06-09Sale
Owner: Pepping, Karen K
Title: Senior VP & CAO
Shares: 725
Price/Share: $97.74
Value: $70,861.50
Shares Owned: 8,082
Relationship: Officer
Ownership: Direct
2026-06-03Sale
Owner: Schjotz, Gitte
Title: See Remarks
Shares: 9,865
Price/Share: $96.98
Value: $956,707.70
Shares Owned: 59,341
Relationship: Officer
Ownership: Direct
2026-06-01Sale
Owner: Scanlon, Jennifer F.
Title: President and CEO
Shares: 12,500
Price/Share: $100.10
Value: $1,251,250.00
Shares Owned: 176,724
Relationship: Director,Officer
Ownership: Direct
2026-05-28Sale
Owner: Uggetti, Alberto
Title: EVP & CCO
Shares: 2,345
Price/Share: $99.89
Value: $234,242.05
Shares Owned: 7,962
Relationship: Officer
Ownership: Direct
2026-05-21Sale
Owner: Hecker, Friedrich
Title: -
Shares: 4,000
Price/Share: $102.04
Value: $408,160.00
Shares Owned: 13,180
Relationship: Director
Ownership: Direct

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Institutional Ownership

No data available for chart
2026-03-31
35.99%
Inst. Shares: 72,330,233
Shares Outstanding: 201,000,000
2025-12-31
37.74%
Inst. Shares: 75,850,829
Shares Outstanding: 201,000,000
2025-09-30
29.56%
Inst. Shares: 59,419,299
Shares Outstanding: 201,000,000
2025-06-30
29.15%
Inst. Shares: 58,585,650
Shares Outstanding: 201,000,000
2025-03-31
28.11%
Inst. Shares: 56,216,513
Shares Outstanding: 200,000,000

UL Solutions Inc. (ULS) — SEC Financial Statements & Analysis

UL Solutions Inc. (ULS) is a services-testing laboratories company, incorporated in DE. UL Solutions Inc. trades on NYSE as: ULS. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), UL Solutions Inc. reported a 6.92% year-over-year revenue growth, a Gross Profit Margin of 49.94% (TTM), a Debt-to-Equity ratio of 1.23x, a Price-to-Sales (P/S) ratio of 5.54x (TTM), a Price-to-Book (P/B) ratio of 13.04 (TTM), at a market cap of $17.20B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
6.92%
Gross Profit Margin TTM
49.94%
Debt To Equity
1.23x
P/S TTM
5.54x
P/B TTM
13.04
Market Cap
$17.20B

Data as of 2026-03-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is UL Solutions Inc. in?

UL Solutions Inc. (ULS) operates in the Services-Testing Laboratories industry.

What is ULS's market cap?

UL Solutions Inc. (ULS) has a market capitalization of $17.20B as of 2026-03-31.

What is ULS's P/E ratio?

UL Solutions Inc. (ULS)'s trailing twelve month P/E ratio is 46.37x as of 2026-03-31.

What exchange does ULS trade on?

UL Solutions Inc. (ULS) trades on the NYSE.

Where is UL Solutions Inc. incorporated?

UL Solutions Inc. is incorporated in DE.

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UL Solutions Inc. (ULS) financial data sourced directly from SEC EDGAR filings — including the latest 10-K annual report, 10-Q quarterly filings, insider transactions (SEC Form 4), institutional ownership (SEC Form 13F), Earning Marker Reaction Heat Map and 90+ calculated financial metrics like Price to Earnings Ratio (P/E), Return on Equity (ROE), Debt to Equity (D/E), Free Cash Flow Per Share (FCF/S), and Return on Invested Capital (ROIC). Unlike platforms that rely on third-party data aggregators, GeminIQ parses raw SEC filings directly — delivering institutional-grade accuracy at a fraction of the cost of Bloomberg Terminal or S&P Capital IQ.