UL Solutions Inc. (ULS)

NYSE: ULS · Real-Time Price · USD
49.30
-0.09 (-0.18%)
Jan 10, 2025, 4:00 PM EST - Market closed
-0.18%
Market Cap 9.87B
Revenue (ttm) 2.82B
Net Income (ttm) 303.00M
Shares Out 200.12M
EPS (ttm) 1.51
PE Ratio 32.54
Forward PE 29.48
Dividend $0.38 (0.76%)
Ex-Dividend Date Nov 29, 2024
Volume 308,208
Open 49.00
Previous Close 49.39
Day's Range 48.54 - 49.73
52-Week Range 33.15 - 59.23
Beta n/a
Analysts Buy
Price Target 49.00 (-0.61%)
Earnings Date Feb 16, 2025

About ULS

UL Solutions Inc. provides safety science services worldwide. It operates through three segments: Industrial, Consumer, and Software and Advisory. The Industrial segment provides testing, inspection, and certification services across various end markets, including energy, industrial automation, engineered materials, and built environment, as well as stakeholders, such as manufacturers, building owners, end users, and regulators. The Consumer segment offers safety certification testing, ongoing certification, global market access, testing for co... [Read more]

Sector Industrials
IPO Date Apr 12, 2024
Employees 15,233
Stock Exchange NYSE
Ticker Symbol ULS
Full Company Profile

Financial Performance

In 2023, UL Solutions's revenue was $2.68 billion, an increase of 6.27% compared to the previous year's $2.52 billion. Earnings were $260.00 million, a decrease of -11.26%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for ULS stock is "Buy." The 12-month stock price forecast is $49.0, which is a decrease of -0.61% from the latest price.

Price Target
$49.0
(-0.61% downside)
Analyst Consensus: Buy
Stock Forecasts

News

UL Solutions: Large Player With Scale Advantage In A Growing Market

I am positive on UL Solutions due to its leading position in the outsourced product TIC market and significant scale advantages. ULS benefits from secular tailwinds, such as emerging technologies like...

6 days ago - Seeking Alpha

UL Solutions Named Lead Administrator in First-Ever US Federal Cybersecurity Labeling Program

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, has been selected by the U.S. Federal Communications Commission to help lead the implementa...

24 days ago - Business Wire

UL Solutions Awards First Residential SPIRE Smart Buildings Rating to Mr. C Residences Jumeirah in Dubai

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, today announced that Mr. C Residences Jumeirah in Dubai has achieved a Gold UL Verified SPIRE Sm...

25 days ago - Business Wire

UL Solutions Names Chief Business Operations and Innovation Officer

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced it appointed Alex Dadakis as Executive Vice President, Chief Business Opera...

5 weeks ago - Business Wire

UL Solutions to Attend the Raymond James 2024 TMT & Consumer Conference

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced that senior management of the company will attend the Raymond James 2024 TM...

5 weeks ago - Business Wire

UL Solutions Recognized as an ESG Services Innovator by Independent Analyst Firm

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced its environmental, social and governance (ESG) advisory and assurance servi...

6 weeks ago - Business Wire

UL Solutions Announces Quarterly Dividend

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced that its Board of Directors has declared a quarterly dividend of $0.125 per...

2 months ago - Business Wire

UL Solutions Expands Mexico Laboratory Capacity to Meet Growing Product Testing Demand in Latin America

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, has expanded its Mexico laboratory capacity and capabilities to meet the growing demand of ...

2 months ago - Business Wire

UL Solutions to Attend Upcoming Investor Conferences

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced that senior management of the company will attend the following investor co...

2 months ago - Business Wire

UL Solutions Inc. Reports Strong Third Quarter 2024 Results

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global safety science leader in independent third-party testing, inspection and certification services and related software and advi...

2 months ago - Business Wire

UL Solutions Inc. Sets Date for Third Quarter 2024 Results

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced it will release financial results for the third quarter 2024 before the mar...

2 months ago - Business Wire

Global IPO Activity Picking Up But Continues To Lag Other Post-COVID Years

Global IPO activity is recovering but remains below recent years, with 326 IPOs in Q3 2024 totaling $23.32 billion, the lowest since Q1 2019. US IPO activity has increased steadily, with 36 IPOs in Q3...

3 months ago - Seeking Alpha

UL Solutions Warns of Unauthorized UL Mark on LED Illuminated Bathroom Mirrors

NORTHBROOK, Ill.--(BUSINESS WIRE)--The following is a notification from UL Solutions that the LED illuminated bathroom mirrors identified here bear an unauthorized UL Certification Mark for the United...

3 months ago - Business Wire

UL Solutions Warns of Unauthorized UL Mark on Combustible Gas Detectors

NORTHBROOK, Ill.--(BUSINESS WIRE)--The following is a notification from UL Solutions that the combustible gas detectors identified below bear an unauthorized UL Mark. The combustible gas detectors hav...

3 months ago - Business Wire

UL Solutions Seeks to Advance Confidence in Artificial Intelligence Technology by Launching Groundbreaking Rating Program

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced a new program that seeks to address rising concerns surrounding artificial ...

3 months ago - Business Wire

UL Solutions Expands Smoke Detection Sensitivity Testing to Help Manufacturers Expedite Research and Development in China and East Asia

SUZHOU, China--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, today announced it has expanded its smoke detection device sensitivity testing to its Suzhou, China...

3 months ago - Business Wire

UL Solutions Debuts Portable Generator Laboratory in North America, Helping Prevent Carbon Monoxide Poisoning

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, today announced it opened a new portable generator testing laboratory at the company's multiple ...

3 months ago - Business Wire

UL Solutions and Eyesafe Join Forces to Advance Blue Light and Privacy Screen Protector Performance

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions, a global leader in applied safety science, and Eyesafe, an international authority in blue light management, today announced a new program that provide...

3 months ago - Business Wire

UL Solutions in Europe Issues First Certification for 400 kW Electric Vehicle Charger Designed for Fast Charging

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, today announced another milestone in its efforts to help empower the adoption of electric vehicl...

3 months ago - Business Wire

UL Solutions Announces Full Exercise of Underwriters' Option to Purchase Additional Secondary Shares

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE:ULS) (“UL Solutions”) today announced, in connection with its previously announced secondary public offering of 20,000,000 shares of its Clas...

3 months ago - Business Wire

UL Solutions Announces Pricing of Secondary Public Offering of Class A Common Stock

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE:ULS) (“UL Solutions”) today announced the pricing of its underwritten public offering (the “offering”) of 20,000,000 shares of its Class A co...

4 months ago - Business Wire

UL Solutions Announces Launch of Proposed Secondary Public Offering of Class A Common Stock

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS) (“UL Solutions”) today announced the commencement of an underwritten public offering (the “offering”) of 20,000,000 shares of its Class...

4 months ago - Business Wire

UL Solutions Warns of Potentially Hazardous Communications Cable

NORTHBROOK, Ill.--(BUSINESS WIRE)--The following is a notification from UL Solutions that the communications cable identified below may pose a potential fire hazard. The communications cable that bear...

4 months ago - Business Wire

UL Solutions Warns of Potentially Hazardous Ethernet Cable

NORTHBROOK, Ill.--(BUSINESS WIRE)--The following is a notification from UL Solutions that the ethernet cable identified below may pose a potential fire hazard. The ethernet cable does not comply with ...

4 months ago - Business Wire

UL Solutions Warns of Unauthorized UL Mark on Wi-Fi Smoke Detector

NORTHBROOK, Ill.--(BUSINESS WIRE)--The following is a notification from UL Solutions that the Wi-Fi Smoke Detector identified here bears an unauthorized UL Mark for the United States and Canada. The W...

5 months ago - Business Wire