UL Solutions Inc. financial data

Symbol
ULS on NYSE
Industry
Services-Testing Laboratories
Location
333 Pfingsten Road, Northbrook, IL
State of incorporation
DE
Fiscal year end
December 31
Former names
UL Inc. (to 5/18/2022)
Latest financial report
10-K - Q4 2024 - Feb 20, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 128 %
Debt-to-equity 247 %
Return On Equity 39.6 % +58.7%
Return On Assets 11.6 %
Operating Margin 16.1 % +17.2%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 200M shares +0.09%
Entity Public Float 1.62B USD
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 200M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 201M shares +0.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.87B USD +7.17%
Cost of Revenue 1.48B USD +5.65%
Operating Income (Loss) 462M USD +25.5%
Nonoperating Income (Expense) 8M USD -38.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 415M USD +19.9%
Income Tax Expense (Benefit) 70M USD 0%
Net Income (Loss) Attributable to Parent 326M USD +25.4%
Earnings Per Share, Basic 1.63 USD/shares +25.4%
Earnings Per Share, Diluted 1.62 USD/shares +24.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 298M USD -5.4%
Accounts Receivable, after Allowance for Credit Loss, Current 380M USD +4.97%
Other Assets, Current 61M USD -37.1%
Assets, Current 921M USD -3.36%
Deferred Income Tax Assets, Net 108M USD -1.82%
Property, Plant and Equipment, Net 631M USD +13.7%
Operating Lease, Right-of-Use Asset 186M USD +23.2%
Goodwill 633M USD +1.61%
Other Assets, Noncurrent 136M USD +2.26%
Assets 2.8B USD +2.34%
Accounts Payable, Current 182M USD +7.69%
Employee-related Liabilities, Current 254M USD -9.61%
Contract with Customer, Liability, Current 162M USD 0%
Liabilities, Current 740M USD +4.37%
Operating Lease, Liability, Noncurrent 155M USD +29.2%
Other Liabilities, Noncurrent 86M USD -7.53%
Liabilities 1.87B USD -9.18%
Accumulated Other Comprehensive Income (Loss), Net of Tax -167M USD -14.4%
Retained Earnings (Accumulated Deficit) 250M USD +942%
Stockholders' Equity Attributable to Parent 904M USD +38.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 931M USD +37.3%
Liabilities and Equity 2.8B USD +2.34%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 141M USD -12.4%
Net Cash Provided by (Used in) Financing Activities -49M USD -590%
Net Cash Provided by (Used in) Investing Activities -57M USD +24%
Common Stock, Shares, Issued 200M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 29M USD -69.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 298M USD -5.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 10M USD +25%
Deferred Tax Assets, Valuation Allowance 53M USD -5.36%
Deferred Tax Assets, Gross 257M USD +11.7%
Operating Lease, Liability 193M USD
Payments to Acquire Property, Plant, and Equipment 57M USD -9.52%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 305M USD +8.93%
Lessee, Operating Lease, Liability, to be Paid 224M USD
Property, Plant and Equipment, Gross 1.4B USD +8.59%
Operating Lease, Liability, Current 38M USD -2.56%
Lessee, Operating Lease, Liability, to be Paid, Year Two 42M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 45M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +29.5%
Deferred Income Tax Expense (Benefit) -3M USD -127%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 31M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 30M USD
Deferred Tax Assets, Operating Loss Carryforwards 44M USD -4.35%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares
Unrecognized Tax Benefits 7M USD -76.7%
Lessee, Operating Lease, Liability, to be Paid, Year Four 24M USD
Additional Paid in Capital 821M USD +5.8%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 13M USD -13.3%
Depreciation, Depletion and Amortization 41M USD +13.9%
Deferred Tax Assets, Net of Valuation Allowance 204M USD +17.2%
Share-based Payment Arrangement, Expense 10M USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares