UL Solutions Inc. (ULS)

NYSE: ULS · Real-Time Price · USD
54.80
+0.13 (0.24%)
Feb 11, 2025, 4:00 PM EST - Market closed
0.24%
Market Cap 10.97B
Revenue (ttm) 2.82B
Net Income (ttm) 303.00M
Shares Out 200.12M
EPS (ttm) 1.51
PE Ratio 36.28
Forward PE 32.88
Dividend $0.38 (0.68%)
Ex-Dividend Date Nov 29, 2024
Volume 266,498
Open 54.67
Previous Close 54.67
Day's Range 54.17 - 55.20
52-Week Range 33.15 - 59.23
Beta n/a
Analysts Buy
Price Target 49.00 (-10.58%)
Earnings Date Feb 20, 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 -10.58% from the latest price.

Price Target
$49.0
(-10.58% downside)
Analyst Consensus: Buy
Stock Forecasts

News

UL Solutions and OpenEngagement Join Forces to Lead Australia Company Compliance with New Climate Laws

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, and OpenEngagement, an independent stakeholder engagement and corporate governance advisory firm...

1 day ago - Business Wire

Silicon Motion First to Achieve ASPICE CL3 for Automotive SSD Controllers

TAIPEI and MILPITAS, Calif. , Feb. 6, 2025 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers ...

Other symbols: SIMO
5 days ago - PRNewsWire

UL Solutions Inc. Sets Date for Fourth Quarter and Full Year 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 fourth quarter and full year 2024...

5 days ago - Business Wire

UL Solutions and Korea's Ministry of Small and Medium-Sized Enterprises and Startups Kick Off Next Phase of Tech Innovation Collaboration

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, and Korea's Ministry of Small and Medium-Sized Enterprises and Startups (MSS) launched the next ...

6 days ago - Business Wire

UL Solutions Expands Global HVAC Performance and Safety Testing Capabilities to Meet Growing Demand for Heat Pumps

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced expansions to its heating, ventilation and air conditioning (HVAC) testing ...

13 days ago - Business Wire

UL Solutions Recognized as a Software Leader by Independent Analyst Firm

NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced that its ULTRUS environmental, health and safety (EHS) software has earned ...

27 days ago - Business Wire

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...

5 weeks 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...

7 weeks 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...

2 months 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...

2 months 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...

2 months 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...

2 months 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...

3 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 ...

3 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...

3 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...

3 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...

4 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...

4 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...

4 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...

4 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 ...

4 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...

4 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 ...

4 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...

5 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...

5 months ago - Business Wire