UL Solutions Inc. (ULS)
About UL Solutions Inc.
UL Solutions is a global leader specializing in a broad range of product testing, inspection, and certification services. UL Solutions is the for-profit branch out of three organizations under the UL Enterprise. TIC operations make up nearly all of UL Solutions' total revenue and are composed of two segments: industrial and consumer. UL Solutions' remaining business includes software and advisory, which complements its core TIC offerings. The firm operates globally.
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Financial summary
- Revenue FY2025
- $3.1B
- Net income
- $325.0M
- Total assets
- $2.9B
- Market cap
- $19.5B
- Gross margin
- 49.5%
- Operating margin
- 17.1%
- Net margin
- 11.3%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $3.1B
- Cost of revenue
- $1.5B
- Gross profit
- $1.5B
- Operating expenses
- $988.0M
- Operating income
- $522.0M
- Income tax
- $125.0M
- Net income
- $345.0M
- EPS (basic)
- $1.62
- EPS (diluted)
- $1.60
Balance sheet
- Total assets
- $2.9B
- Current assets
- $1.0B
- Total liabilities
- $1.6B
- Current liabilities
- $760.0M
- Shareholders’ equity
- $1.3B
Cash flow
- Operating cash flow
- $600.0M
- Investing cash flow
- -$204.0M
- Financing cash flow
- -$396.0M
- Net cash flow
- -$3.0M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $19.5B
- P/E ratio
- 53.4
- EPS (diluted)
- $1.6
- Dividend yield
- 0.68%
- Shares outstanding
- 228.3M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Apr 12, 2024
UL Solutions Inc. (ULS) Stock Price
- Profitable — net income of $325.0M in FY2025.
- Revenue grew 6% from FY2024 to FY2025.
- Gross margin of 49.5%, net margin 11.3%.
- Trading 19% below its 52-week high.
- Pays a dividend yielding about 0.68% annually.
- Valued at a price-to-earnings (P/E) ratio of 53.4.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about UL Solutions Inc.
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UL Solutions Inc.: frequently asked questions
Is UL Solutions Inc. an American company?
UL Solutions Inc. is a US-based company headquartered in Northbrook, Illinois, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is UL Solutions Inc. headquartered?
UL Solutions Inc. is headquartered in Northbrook, Illinois, United States.
Is UL Solutions Inc. publicly traded?
Yes — UL Solutions Inc. is a publicly traded company. Its stock trades under the ticker symbol ULS on the NYSE.
What does UL Solutions Inc. do?
UL Solutions Inc. is an American Professional Services company in the Business & Financial Services sector.