UL Solutions Inc. (ULS)
NYSE: ULS · Real-Time Price · USD
76.04
+0.08 (0.11%)
Aug 19, 2026, 4:00 PM EDT - Market closed
UL Solutions Income Statement
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 |
| 3,146 | 3,053 | 2,870 | 2,678 | 2,520 | 2,517 | |
Revenue Growth | 6.61% | 6.38% | 7.17% | 6.27% | 0.12% | 9.39% |
Cost of Revenue | 1,560 | 1,543 | 1,478 | 1,394 | 1,313 | 1,338 |
Gross Profit | 1,586 | 1,510 | 1,392 | 1,284 | 1,207 | 1,179 |
Selling, General & Admin | 990 | 957 | 938 | 883 | 826 | 922 |
Operating Expenses | 990 | 957 | 938 | 883 | 826 | 922 |
Operating Income | 596 | 553 | 454 | 401 | 381 | 257 |
Interest Expense | -32 | -41 | -55 | -35 | -17 | -1 |
Interest & Investment Income | 5 | 4 | 4 | 12 | 1 | 7 |
Earnings From Equity Investments | - | - | - | - | - | 11 |
Currency Exchange Gain (Loss) | -9 | -10 | -11 | -2 | -11 | -2 |
Other Non Operating Income (Expenses) | 5 | -1 | -2 | 2 | 7 | 2 |
EBT Excluding Unusual Items | 565 | 505 | 390 | 378 | 361 | 274 |
Merger & Restructuring Charges | -37 | -35 | 1 | -4 | - | - |
Impairment of Goodwill | - | - | - | -37 | - | - |
Gain (Loss) on Sale of Investments | - | - | - | 7 | 22 | - |
Gain (Loss) on Sale of Assets | 191 | - | 24 | 2 | - | - |
Pretax Income | 719 | 470 | 415 | 346 | 383 | 274 |
Income Tax Expense | 190 | 125 | 70 | 70 | 74 | 36 |
Earnings From Continuing Operations | 529 | 345 | 345 | 276 | 309 | 238 |
Minority Interest in Earnings | -23 | -20 | -19 | -16 | -16 | -14 |
Net Income | 506 | 325 | 326 | 260 | 293 | 224 |
Net Income to Common | 506 | 325 | 326 | 260 | 293 | 224 |
Net Income Growth | 54.74% | -0.31% | 25.39% | -11.26% | 30.80% | -3.03% |
Shares Outstanding (Basic) | 201 | 201 | 200 | 200 | 200 | 37 |
Shares Outstanding (Diluted) | 204 | 203 | 201 | 200 | 200 | 37 |
Shares Change | 0.74% | 1.00% | 0.50% | - | 443.28% | - |
EPS (Basic) | 2.52 | 1.62 | 1.63 | 1.30 | 1.47 | 6.08 |
EPS (Diluted) | 2.48 | 1.60 | 1.62 | 1.30 | 1.47 | 6.08 |
EPS Growth | 53.24% | -1.23% | 24.62% | -11.26% | -75.91% | - |
Additional Metrics
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 |
Free Cash Flow | 436 | 403 | 287 | 252 | 208 | 314 |
Free Cash Flow Per Share | 2.14 | 1.99 | 1.43 | 1.26 | 1.04 | 8.53 |
Dividend Per Share | 0.550 | 0.520 | 0.500 | 0.400 | - | - |
Dividend Growth | 7.84% | 4.00% | 25.00% | - | - | - |
Gross Margin | 50.41% | 49.46% | 48.50% | 47.95% | 47.90% | 46.84% |
Operating Margin | 18.95% | 18.11% | 15.82% | 14.97% | 15.12% | 10.21% |
Profit Margin | 16.08% | 10.64% | 11.36% | 9.71% | 11.63% | 8.90% |
Free Cash Flow Margin | 13.86% | 13.20% | 10.00% | 9.41% | 8.25% | 12.47% |
EBITDA | 721 | 676 | 567 | 504 | 473 | 354 |
EBITDA Margin | 22.92% | 22.14% | 19.76% | 18.82% | 18.77% | 14.06% |
D&A For EBITDA | 125 | 123 | 113 | 103 | 92 | 97 |
EBIT | 596 | 553 | 454 | 401 | 381 | 257 |
EBIT Margin | 18.95% | 18.11% | 15.82% | 14.97% | 15.12% | 10.21% |
Effective Tax Rate | 26.43% | 26.60% | 16.87% | 20.23% | 19.32% | 13.14% |