UL Solutions (ULS)

NYSE Market Open

UL Solutions Inc. is a global testing, inspection, and certification company that helps manufacturers, retailers, regulators, and other organisations assess whether products and systems meet safety, security, sustainability, and performance requirements. The company is part of the broader UL Enterprise, and it operates as the for-profit business associated with the well-known UL name and certification mark.

Its core activity is commonly referred to as TIC: testing, inspection, and certification. Through laboratories, technical experts, and compliance programmes, UL Solutions evaluates products across a wide range of industries, including electrical and electronics, industrial equipment, building materials, appliances, consumer goods, energy systems, and emerging technologies. Its services are used by companies seeking market access, product validation, supply-chain assurance, and compliance with national or international standards.

UL Solutions reports its TIC activities through industrial and consumer-focused operations, which account for the great majority of revenue. The industrial side serves areas such as energy, automation, engineered materials, and infrastructure-related technologies. The consumer side supports product categories sold through retail and e-commerce channels, where safety certification and brand trust can be commercially important.

In addition to TIC services, the company provides software and advisory offerings that complement its laboratory and certification work. These tools help clients manage regulatory data, sustainability programmes, product compliance, and operational risk. UL Solutions’ distinctive position comes from its recognised certification heritage, global footprint, and role as an intermediary between innovation, regulation, and end-market confidence.

97.95 USD
−0.05 (-0.05%)

Last updated

Market Cap
19.76B
P/E
56.45
P/FCF
43.91
P/S
6.36
Enterprise Value
19.86B
Sector
Industrials
Industry
Testing Laboratories
Address
333 PFINGSTEN ROAD, NORTHBROOK, IL, 60062
Market Cap
19.76B
Enterprise Value
19.86B
P/E
56.45
P/B
14.98
P/S
6.36
EV / EBITDA
25.59
EV / Sales
6.39
EPS
1.74
Dividend Yield
0.64%
P/FCF
43.91
P/CF
29.71
Free Cash Flow
450M
ROE
26.54%
ROA
11.84%
Debt / Equity
0.27
Current Ratio
1.16
Quick Ratio
1.16
Cash
0.29
Avg Volume
703.83K
Fundamentals Snapshot Price
98.03

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 758M 789M 783M 776M 705M
Gross profit 381M 392M 394M 383M 340M
Operating income 138M 118M 156M 139M 109M
EBITDA 185M 204M 202M 185M 153M
Net income 92M 67M 100M 91M 67M
Basic EPS 0.46 0.34 0.5 0.45 0.34
Diluted EPS 0.45 0.33 0.49 0.45 0.33

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 2.96B 2.92B 2.9B 2.92B 2.88B
Total liabilities 1.62B 1.63B 1.68B 1.81B 1.89B
Total equity 1.34B 1.29B 1.22B 1.11B 984M
Cash & equivalents 258M 295M 255M 272M 267M
Current assets 1.05B 1B 995M 1.01B 998M
Current liabilities 899M 760M 749M 765M 804M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow 219M 144M 155M 147M 154M
Investing cash flow -61M -21M -76M -57M -50M
Financing cash flow -194M -82M -93M -86M -135M
Change in cash -37M 40M -17M 5M -31M
Kind Filing Date Link
edgar index 4 — UL Solutions Inc. View Filing
edgar index 144 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
form 4 Form 4 — Robinson Ryan D View Filing
form 4 Form 4 — Robinson Ryan D View Filing
edgar index 144 — UL Solutions Inc. View Filing
form 4 Form 4 — Uggetti Alberto View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 8-K — UL Solutions Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 144 — UL Solutions Inc. View Filing
form 4 Form 4 — Hecker Friedrich View Filing
form 4 Form 4 — DOLLIVE JAMES P View Filing
form 4 Form 4 — DOLLIVE JAMES P View Filing
form 4 Form 4 — DOLLIVE JAMES P View Filing
form 4 Form 4 — GOTTSCHALK MARLA C View Filing
form 4 Form 4 — Hecker Friedrich View Filing
form 4 Form 4 — Hecker Friedrich View Filing
form 4 Form 4 — Hecker Friedrich View Filing
form 4 Form 4 — Hecker Friedrich View Filing
form 4 Form 4 — Hooper Charles W View Filing
form 4 Form 4 — KENNEDY KEVIN View Filing
form 4 Form 4 — Kini Vikram View Filing
form 4 Form 4 — Kini Vikram View Filing
form 4 Form 4 — Kini Vikram View Filing
form 4 Form 4 — Shannon James M View Filing
form 4 Form 4 — SUSMAN SALLY View Filing
form 4 Form 4 — THAMAN MICHAEL H View Filing
form 4 Form 4 — THAMAN MICHAEL H View Filing
form 4 Form 4 — THAMAN MICHAEL H View Filing
form 4 Form 4 — Torstad Elisabeth View Filing
form 4 Form 4 — WILLIAMS GEORGE A View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
form 4 Form 4 — Scanlon Jennifer F. View Filing
form 4 Form 4 — Scanlon Jennifer F. View Filing
edgar index SCHEDULE 13G/A — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 144 — UL Solutions Inc. View Filing
form 4 Form 4 — Uggetti Alberto View Filing
edgar index 144 — UL Solutions Inc. View Filing
form 4 Form 4 — Schjotz Gitte View Filing
form 4 Form 4 — Schjotz Gitte View Filing
form 4 Form 4 — Schjotz Gitte View Filing
form 4 Form 4 — Schjotz Gitte View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 4 — UL Solutions Inc. View Filing
edgar index 8-K — UL Solutions Inc. View Filing
edgar index 10-Q — UL Solutions Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — UL Solutions Inc. View Filing
form 4 Form 4 — Scanlon Jennifer F. View Filing
form 4 Form 4 — Scanlon Jennifer F. View Filing
form 4 Form 4 — Scanlon Jennifer F. View Filing
form 4 Form 4 — Chapin Linda S View Filing
form 4 Form 4 — Chapin Linda S View Filing
form 4 Form 4 — Chapin Linda S View Filing