UL Solutions Inc. (ULS)
NYSE: ULS · Real-Time Price · USD
92.38
+0.70 (0.76%)
Jul 29, 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 | Mar '26 Mar 31, 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 |
| 3,106 | 3,053 | 2,870 | 2,678 | 2,520 | 2,517 | |
Revenue Growth | 6.92% | 6.38% | 7.17% | 6.27% | 0.12% | 9.39% |
Cost of Revenue | 1,556 | 1,543 | 1,478 | 1,394 | 1,313 | 1,338 |
Gross Profit | 1,550 | 1,510 | 1,392 | 1,284 | 1,207 | 1,179 |
Selling, General & Admin | 964 | 953 | 931 | 875 | 795 | 892 |
Other Operating Expenses | - | 35 | -1 | 41 | - | - |
Total Operating Expenses | 964 | 988 | 930 | 916 | 795 | 892 |
Operating Income | 551 | 522 | 462 | 368 | 412 | 287 |
Interest Expense | -37 | -41 | -55 | -35 | -17 | -1 |
Other Non-Operating Income (Expense) | -5 | -11 | 8 | 13 | -12 | -12 |
Total Non-Operating Income (Expense) | -42 | -52 | -47 | -22 | -29 | -13 |
Pretax Income | 505 | 470 | 415 | 346 | 383 | 274 |
Provision for Income Taxes | 134 | 125 | 70 | 70 | 74 | 36 |
Net Income | 371 | 345 | 345 | 276 | 309 | 238 |
Minority Interest in Earnings | 21 | 20 | 19 | 16 | 16 | 14 |
Net Income to Common | 350 | 325 | 326 | 260 | 293 | 224 |
Net Income Growth | 3.86% | -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% | 9203237.50% |
EPS (Basic) | 1.74 | 1.62 | 1.63 | 1.30 | 1.47 | 6.08 |
EPS (Diluted) | 1.71 | 1.60 | 1.62 | 1.30 | 1.47 | 6.08 |
EPS Growth | 2.40% | -1.23% | 24.62% | -11.56% | -75.82% | -100.00% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | 450 | 403 | 287 | 252 | 208 | 314 |
Free Cash Flow Growth | 47.06% | 40.42% | 13.89% | 21.15% | -33.76% | -35.52% |
Free Cash Flow Per Share | 2.21 | 1.99 | 1.43 | 1.26 | 1.04 | 8.53 |
Dividends Per Share | 0.535 | 0.520 | 0.500 | 0.400 | - | - |
Dividend Growth | 5.94% | 4.00% | 25.00% | - | - | - |
Gross Margin | 49.90% | 49.46% | 48.50% | 47.95% | 47.90% | 46.84% |
Operating Margin | 17.74% | 17.10% | 16.10% | 13.74% | 16.35% | 11.40% |
Profit Margin | 11.94% | 11.30% | 12.02% | 10.31% | 12.26% | 9.46% |
FCF Margin | 14.49% | 13.20% | 10.00% | 9.41% | 8.25% | 12.48% |
EBITDA | 741 | 710 | 634 | 522 | 547 | 429 |
EBITDA Margin | 23.86% | 23.26% | 22.09% | 19.49% | 21.71% | 17.04% |
EBIT | 551 | 522 | 462 | 368 | 412 | 287 |
EBIT Margin | 17.74% | 17.10% | 16.10% | 13.74% | 16.35% | 11.40% |
Effective Tax Rate | 26.53% | 26.60% | 16.87% | 20.23% | 19.32% | 13.14% |