UL Solutions Inc. (ULS)
| Market Cap | 8.55B |
| Revenue (ttm) | 2.72B |
| Net Income (ttm) | 261.00M |
| Shares Out | 200.00M |
| EPS (ttm) | 1.30 |
| PE Ratio | 32.77 |
| Forward PE | 30.20 |
| Dividend | $0.13 (0.29%) |
| Ex-Dividend Date | Jun 3, 2024 |
| Volume | 932,220 |
| Open | 42.11 |
| Previous Close | 41.97 |
| Day's Range | 42.00 - 42.88 |
| 52-Week Range | 33.15 - 43.85 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 40.80 (-4.58%) |
| Earnings Date | Aug 16, 2024 |
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]
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 StatementsAnalyst Forecast
According to 11 analysts, the average rating for ULS stock is "Buy." The 12-month stock price forecast is $40.8, which is a decrease of -4.58% from the latest price.
News
UL Solutions Plans to Construct Advanced Automotive and Battery Testing Center in Korea to Serve the Automotive Industry
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced plans to construct a new Advanced Automotive and Battery Testing Center in ...
UL Solutions Helps Grand Hyatt Seoul Advance Guest and Employee Health and Safety
SEOUL, South Korea--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, today awarded the Grand Hyatt Seoul the UL Verified Healthy Building Mark for Indoor Environme...
UL Solutions Launches New UL 360 Features and Content to Support Compliance with New EU Sustainability Reporting Requirements
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, today announced new UL 360 software features and content that help companies comply with the Eur...
Governor Proclaims June 3 UL Solutions Day in Illinois
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, has been honored with a proclamation declaring June 3 UL Solutions Day in Illinois. The proclama...
UL Solutions to Participate in the 44th Annual William Blair Growth Stock Conference
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced that its senior management will participate in the 44th Annual William Blai...
UL Solutions Opens Battery Enclosure Material Screening Laboratory in Japan, Helping Advance EV Battery Safety
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, today announced it opened a new battery enclosure material screening (BEMS) laboratory in Ise, M...
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...
UL Solutions Acquires Germany-Based Battery Testing and Simulation Company BatterieIngenieure
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE:ULS), a global leader in applied safety science, today announced our acquisition of BatterieIngenieure GmbH, a battery testing company based ...
UL Solutions Joins Forces with Efectis Era Avrasya to Help Manufacturers Advance Fire Door Safety in Southeast Europe and the Middle East
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, today announced its collaboration with Efectis Era Avrasya to expand fire door testing at the Ef...
UL Solutions tops revenue estimates in first quarter as a public company
UL Solutions Inc. ULS, +0.57% posted its first earnings as a public company on Monday, after the testing, inspection and certification company completed its initial public offering in April. The North...
UL Solutions Inc. Reports Strong First Quarter 2024 Results
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (“UL Solutions” or the “Company”) (NYSE: ULS), a global safety science leader in independent third-party testing, inspection and certification serv...
UL Solutions Issues First Verified Healthy Building Mark in Taiwan to Nan Shan Life
TAIPEI CITY, Taiwan--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, today announced that Nan Shan Life Insurance Co. Ltd. (Nan Shan Life) achieved the first UL V...
UL Solutions Inc. Sets Date for First 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...
UL Solutions' stock soars 21.5% in trading debut after upsized IPO priced at high end of range
The stock of UL Solutions, a testing, inspection and certification company, rose 21.5% in its trading debut Friday, after the upsized initial public offering priced at the high end of its $26 to $29 p...
UL Solutions prices upsized IPO to raise $946.4 million
UL Solutions, a testing, inspection and certification company, priced its upsized initial public offering late Thursday at $28 a share, closer to the high end of its $26 to $29 price range. The offeri...
UL Solutions Announces Pricing of Upsized Initial Public Offering
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (“UL Solutions”) today announced the pricing of its upsized initial public offering of 33,800,000 shares of its Class A common stock at a public of...
Safety testing company UL Solutions eyes up to $5.8 bln valuation in US IPO
April 2 (Reuters) - Safety testing company UL Solutions is targeting a valuation of up to $5.8 billion in its U.S. initial public offering, the latest in a growing number of companies looking to tap i...
UL Solutions launches IPO with plans for valuation of up to $5.8 billion
Testing, inspection and certification company is planning to offer 28 million shares priced at $26 to $29 each.
UL Solutions Announces Launch of Initial Public Offering
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (“UL Solutions”) today announced the launch of its initial public offering (the “IPO”) of 28,000,000 shares of its Class A common stock and the com...
UL Solutions publicly files for US IPO
UL Solutions on Monday publicly filed its paperwork for a US initial public offering (IPO). The company, which offers independent third-party testing,...
UL Solutions Publicly Files Registration Statement for Proposed Initial Public Offering
UL Solutions Inc. today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchan...
UL Solutions IPO Registration Document (S-1)
UL Solutions has filed to go public with an IPO on the New York Stock Exchange (NYSE).