UL Solutions Inc. (ULS)
NYSE: ULS · Real-Time Price · USD
50.89
+1.44 (2.91%)
Dec 20, 2024, 4:00 PM EST - Market closed
UL Solutions Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| Net Income | 303 | 260 | 293 | 224 | 231 | 246 |
| Depreciation & Amortization | 117 | 103 | 92 | 97 | 96 | 96 |
| Other Amortization | 51 | 51 | 43 | 45 | 51 | 52 |
| Loss (Gain) From Sale of Assets | -22 | - | - | - | 4 | 3 |
| Asset Writedown & Restructuring Costs | - | 37 | - | - | - | - |
| Loss (Gain) From Sale of Investments | -6 | -6 | -18 | -5 | -10 | -3 |
| Loss (Gain) on Equity Investments | - | - | - | - | -1 | -3 |
| Provision & Write-off of Bad Debts | - | - | - | - | 9 | 8 |
| Other Operating Activities | 36 | 40 | 70 | -41 | 41 | 31 |
| Change in Accounts Receivable | -33 | -27 | -27 | -14 | -7 | -76 |
| Change in Accounts Payable | 1 | 1 | -18 | 30 | 8 | 17 |
| Change in Unearned Revenue | 44 | 32 | 3 | 8 | 21 | -7 |
| Change in Other Net Operating Assets | 13 | -24 | -66 | 77 | 44 | 22 |
| Operating Cash Flow | 520 | 467 | 372 | 421 | 487 | 386 |
| Operating Cash Flow Growth | 23.52% | 25.54% | -11.64% | -13.55% | 26.17% | - |
| Capital Expenditures | -238 | -215 | -164 | -107 | -119 | -149 |
| Sale of Property, Plant & Equipment | - | - | - | - | - | 10 |
| Cash Acquisitions | -26 | -18 | -66 | -47 | - | -38 |
| Investment in Securities | - | 49 | -7 | 323 | -225 | 13 |
| Other Investing Activities | 6 | 9 | -1 | 9 | - | - |
| Investing Cash Flow | -232 | -175 | -238 | 178 | -344 | -164 |
| Long-Term Debt Issued | - | 440 | 700 | - | - | - |
| Long-Term Debt Repaid | - | -30 | -200 | - | - | - |
| Net Debt Issued (Repaid) | 300 | 410 | 500 | - | - | - |
| Common Dividends Paid | -95 | -80 | - | - | -9 | -7 |
| Other Financing Activities | -26 | -24 | -16 | -28 | -11 | -15 |
| Financing Cash Flow | -421 | -294 | -1,116 | -228 | -20 | -22 |
| Foreign Exchange Rate Adjustments | 3 | -5 | -24 | -14 | 4 | -9 |
| Net Cash Flow | -130 | -7 | -1,006 | 357 | 127 | 191 |
| Free Cash Flow | 282 | 252 | 208 | 314 | 368 | 237 |
| Free Cash Flow Growth | 28.77% | 21.15% | -33.76% | -14.67% | 55.27% | - |
| Free Cash Flow Margin | 10.02% | 9.41% | 8.25% | 12.48% | 15.99% | 10.24% |
| Free Cash Flow Per Share | 1.41 | 1.26 | 1.04 | 8.53 | - | - |
| Cash Interest Paid | 47 | 32 | 17 | 1 | - | - |
| Cash Income Tax Paid | 68 | 57 | 68 | 132 | 69 | 71 |
| Levered Free Cash Flow | 227.88 | 201.25 | 100.63 | 460 | - | - |
| Unlevered Free Cash Flow | 261.63 | 223.13 | 111.25 | 460.63 | - | - |
| Change in Net Working Capital | -11 | -5 | 105 | -130 | - | - |
Source: S&P Capital IQ. Standard template. Financial Sources.