UL Solutions Inc. (ULS)
| Market Cap | 10.60B |
| Revenue (ttm) | 2.76B |
| Net Income (ttm) | 268.00M |
| Shares Out | 200.01M |
| EPS (ttm) | 1.33 |
| PE Ratio | 39.82 |
| Forward PE | 34.03 |
| Dividend | $0.50 (0.94%) |
| Ex-Dividend Date | Aug 30, 2024 |
| Volume | 270,779 |
| Open | 53.03 |
| Previous Close | 53.15 |
| Day's Range | 52.70 - 53.63 |
| 52-Week Range | 33.15 - 56.28 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 45.80 (-13.57%) |
| Earnings Date | Nov 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 $45.8, which is a decrease of -13.57% from the latest price.
News
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...
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...
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...
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 ...
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...
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 ...
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...
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...
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...
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...
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...
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...
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 ...
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...
UL Solutions Warns of Unauthorized UL Mark on Battery Charger
NORTHBROOK, Ill.--(BUSINESS WIRE)--The following is a notification from UL Solutions that the battery charger identified here bears an unauthorized UL Certification Mark for the United States and Cana...
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...
Argonne's Autonomie Express tool simulates real-world vehicle traffic to predict large-scale energy impact
LEMONT, Ill.--(BUSINESS WIRE)--The tool — free to all users — estimates energy consumption for a wide range of vehicles, both current and future.
UL Solutions Opens State-of-the-Art Battery Testing Laboratory in Auburn Hills, Michigan
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, officially opened its North America Advanced Battery Laboratory in Auburn Hills, Michigan, ...
UL Solutions Inc. Reports Strong Second 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 Inc. Sets Date for Second 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 second quarter 2024 before the ma...
Fresh Solutions, Reimagined: ProAmpac's New Light Weight Tray Delivers Curbside Recyclability
CINCINNATI--(BUSINESS WIRE)--ProAmpac, a leader in flexible packaging and material science, proudly announces the launch of its innovative ProActive Recyclable Fresh Tray FT-1000. This groundbreaking,...
UL Solutions Acquires Germany-Based Hydrogen Testing Company TesTneT
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced the acquisition of TesTneT Engineering GmbH, a Germany-based leader in hydr...
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...