UL Solutions Inc. (ULS)

NYSE: ULS · IEX Real-Time Price · USD
43.79
-0.79 (-1.77%)
Jul 12, 2024, 4:00 PM EDT - Market closed
-1.77%
Market Cap 8.76B
Revenue (ttm) 2.72B
Net Income (ttm) 261.00M
Shares Out 200.00M
EPS (ttm) 1.30
PE Ratio 33.56
Forward PE 30.93
Dividend $0.13 (0.29%)
Ex-Dividend Date Jun 3, 2024
Volume 435,785
Open 43.94
Previous Close 44.58
Day's Range 43.66 - 44.57
52-Week Range 33.15 - 45.03
Beta n/a
Analysts Buy
Price Target 41.30 (-5.69%)
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]

Sector Industrials
IPO Date Apr 12, 2024
Employees 14,892
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 $41.3, which is a decrease of -5.69% from the latest price.

Price Target
$41.3
(-5.69% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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,...

4 days ago - Business Wire

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...

5 days ago - Business Wire

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 ...

18 days ago - Business Wire

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...

19 days ago - Business Wire

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...

5 weeks ago - Business Wire

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...

5 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

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...

7 weeks ago - Business Wire

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 ...

7 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

7 weeks ago - Market Watch

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...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Market Watch

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...

3 months ago - Market Watch

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...

3 months ago - Business Wire

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...

3 months ago - Reuters

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.

3 months ago - Market Watch

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...

3 months ago - Business Wire

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,...

8 months ago - Proactive

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...

8 months ago - Business Wire

UL Solutions IPO Registration Document (S-1)

UL Solutions has filed to go public with an IPO on the New York Stock Exchange (NYSE).

8 months ago - SEC