UL Solutions Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	Jan '26 Jan 9, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019
Market Capitalization	15,488	9,641	-	-	-	-	Upgrade
Enterprise Value	15,925	10,302	-	-	-	-	Upgrade
Last Close Price	69.50	46.24	-	-	-	-	Upgrade
PE Ratio	53.61	30.62	-	-	-	-	Upgrade
PS Ratio	6.05	3.48	-	-	-	-	Upgrade
PB Ratio	14.90	10.72	-	-	-	-	Upgrade
P/TBV Ratio	48.46	116.07	-	-	-	-	Upgrade
P/FCF Ratio	46.72	34.78	-	-	-	-	Upgrade
P/OCF Ratio	31.01	19.05	-	-	-	-	Upgrade
EV/Sales Ratio	6.17	3.72	-	-	-	-	Upgrade
EV/EBITDA Ratio	25.80	18.78	-	-	-	-	Upgrade
EV/EBIT Ratio	35.97	23.44	-	-	-	-	Upgrade
EV/FCF Ratio	48.03	37.16	-	-	-	-	Upgrade
Debt / Equity Ratio	0.60	1.00	1.57	0.61	0.07	0.07	Upgrade
Debt / EBITDA Ratio	1.03	1.45	1.84	1.20	0.36	0.33	Upgrade
Debt / FCF Ratio	1.89	3.26	4.22	3.17	0.49	0.44	Upgrade
Asset Turnover	1.04	1.04	0.98	0.79	0.70	-	Upgrade
Quick Ratio	1.17	1.20	1.28	1.38	2.44	2.29	Upgrade
Current Ratio	1.33	1.25	1.34	1.44	2.52	2.38	Upgrade
Return on Equity (ROE)	33.93%	42.88%	31.45%	18.13%	10.34%	-	Upgrade
Return on Assets (ROA)	11.15%	10.27%	9.10%	7.46%	4.45%	-	Upgrade
Return on Capital (ROIC)	16.77%	15.77%	14.27%	11.28%	6.53%	-	Upgrade
Return on Capital Employed (ROCE)	24.00%	22.10%	19.60%	18.80%	9.00%	11.50%	Upgrade
Earnings Yield	1.87%	3.27%	-	-	-	-	Upgrade
FCF Yield	2.14%	2.88%	-	-	-	-	Upgrade
Dividend Yield	0.65%	1.04%	-	-	-	-	Upgrade
Payout Ratio	30.38%	30.68%	30.77%	-	-	3.90%	Upgrade
Buyback Yield / Dilution	-0.87%	-0.50%	-	-443.28%	-	-	Upgrade
Total Shareholder Return	-0.22%	0.55%	-	-443.28%	-	-	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.