UL Solutions Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	434	295	298	315	322	1,328
Short-Term Investments	-	-	-	-	51	47
Cash & Short-Term Investments	434	295	298	315	373	1,375
Cash Growth	59.56%	-1.01%	-5.40%	-15.55%	-72.87%	41.61%
Accounts Receivable	471	422	380	362	376	368
Other Receivables	239	204	182	179	171	189
Total Trade Receivables	710	626	562	541	547	557
Other Current Assets	90	79	61	97	78	67
Total Current Assets	1,234	1,000	921	953	998	1,999
Net Property, Plant & Equipment	932	878	817	706	637	602
Other Intangible Assets	41	48	58	72	72	73
Goodwill	642	656	633	623	647	621
Long-Term Investments	-	-	-	-	62	44
Other Long-Term Assets	270	339	371	382	304	323
Total Assets	3,119	2,921	2,800	2,736	2,720	3,662
Accounts Payable	179	183	182	169	153	179
Accrued Expenses	196	282	254	281	311	383
Current Portion of Long-Term Debt	-	-	50	-	-	-
Current Portion of Leases	39	43	38	39	42	36
Unearned Revenue	347	173	162	162	142	135
Other Current Liabilities	105	79	54	58	46	59
Total Current Liabilities	866	760	740	709	694	792
Long-Term Debt	301	491	692	904	499	-
Long-Term Leases	136	149	155	120	119	118
Other Long-Term Liabilities	196	227	282	325	331	420
Total Long-Term Liabilities	633	867	1,129	1,349	949	538
Total Liabilities	1,499	1,627	1,869	2,058	1,643	1,330
Common Stock	-	-	-	-	-	1,009
Additional Paid-in Capital	934	887	821	776	1,009	1,518
Accumulated Other Comprehensive Income	-89	-95	-167	-146	-166	-
Retained Earnings	750	470	250	24	211	-216
Total Common Shareholders' Equity	1,595	1,262	904	654	1,054	2,311
Minority Interest	25	32	27	24	23	21
Shareholders' Equity	1,620	1,294	931	678	1,077	2,332
Total Liabilities & Equity	3,119	2,921	2,800	2,736	2,720	3,662
Total Debt	476	683	935	1,063	660	154
Net Cash (Debt)	-42	-388	-637	-748	-287	1,221
Net Cash Growth	-	-	-	-	-	50.19%
Net Cash Per Share	-0.21	-1.91	-3.17	-3.74	-1.44	33.17
Book Value	1,595	1,262	904	654	1,054	2,311
Book Value Per Share	7.83	6.22	4.50	3.27	5.27	62.78
Tangible Book Value	912	558	213	-41	335	1,617
Tangible Book Value Per Share	4.48	2.75	1.06	-0.20	1.68	43.92

SEC Filings: 10-K · 10-Q