UL Solutions Inc. (ULS)
Market Cap | 10.47B |
Revenue (ttm) | 2.87B |
Net Income (ttm) | 326.00M |
Shares Out | 200.17M |
EPS (ttm) | 1.62 |
PE Ratio | 32.28 |
Forward PE | 30.73 |
Dividend | $0.52 (0.99%) |
Ex-Dividend Date | Feb 28, 2025 |
Volume | 128,952 |
Open | 51.16 |
Previous Close | 50.59 |
Day's Range | 51.00 - 52.47 |
52-Week Range | 33.15 - 59.23 |
Beta | n/a |
Analysts | Buy |
Price Target | 51.45 (-1.59%) |
Earnings Date | Apr 16, 2025 |
About ULS
UL Solutions Inc., together with its subsidiaries, provides testing, inspection and certification, and related software and advisory 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 and asset owners, end users, and regulators. The Consumer seg... [Read more]
Financial Performance
In 2024, UL Solutions's revenue was $2.87 billion, an increase of 7.17% compared to the previous year's $2.68 billion. Earnings were $326.00 million, an increase of 25.38%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for ULS stock is "Buy." The 12-month stock price forecast is $51.45, which is a decrease of -1.59% from the latest price.
News

UL Solutions Inc. Files Lawsuit Against Fly-E Group, Inc. to Protect Trusted Safety Mark
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, has filed a lawsuit against Fly-E Group, Inc. (NYSE: FLYE), its subsidiaries – including Fl...

UL Solutions Inc. Names New Chief Legal Officer
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced it appointed Scott D'Angelo as executive vice president and chief legal off...

UL Solutions and Aramco Plan to Collaborate on Joint Projects to Help Enhance Safety in Saudi Arabia
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, today announced its collaboration with Aramco, one of the world's leading integrated energy and ...

UL Solutions: Rating Downgrade Given The Softer Than Expected FY 2025 Growth
I am downgrading UL Solutions to hold due to disappointing FY25 guidance, indicating a significant deceleration in growth compared to FY24 levels. ULS reported strong FY24 results with $739 million in...

UL Solutions Launches Testing in China to Detect Leaks of Next-Gen Refrigerants, Helping HVACR Manufacturers Meet New Regulations
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, today announced its new testing capabilities for low-global-warming-potential (LGWP) refrigerant...

UL Solutions to Attend the Raymond James 46th Annual Institutional Investors 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 46th An...

UL Solutions Inc. (ULS) Q4 2024 Earnings Call Transcript
UL Solutions Inc. (ULS) Q4 2024 Earnings Call Transcript

UL Solutions Inc. Reports Strong Fourth Quarter and Full Year 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 Announces Updates to Board of Directors
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced the intended nomination of a new member to its board of directors and the f...

UL Solutions Reinforces Leadership in Fire Safety with New, Upgraded Global Fire Science Center of Excellence
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced the development of a new Global Fire Science Center of Excellence in Northb...

UL Solutions Announces Increased Quarterly Dividend
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global safety science leader, today announced that its board of directors has declared a quarterly dividend of $0.13 per share, an i...

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...

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 ...

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...

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 ...

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 ...

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 ...

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...

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...

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...

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...

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...

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...

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 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 ...