UL Solutions

US · ULS #1222 by market cap Listed 2024

67.13 -1.24 -1.81%

Live - 5344 symbols - heartbeat 61s ago · 2026-10-08 04:55

Pre-market 67.16 +0.04%

After-hours 67.13 0.00%

Overnight 67.13 0.00%

Market cap: 13.55B
P/E (TTM): 27.07
P/B: 8.50
EPS: 1.60
Div yield: 0.82%
52W pos: 9%

Reader sentiment Are you bullish or bearish on ULS?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 7.00, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 7 years

Latest year +6.38% YoY

Margins

Gross margin: 49.46%
Operating margin: 18.24%
Net margin: 10.65%

Key ratios & quality

Enterprise value: 13.79B
PEG ratio: 7.70
Altman Z-Score: 7.00

PEG uses trailing P/E against the 3-year net income growth rate (3.52%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2019	2020	2021	2022	2023	2024	2025
Revenue	2.32B	2.30B	2.52B	2.52B	2.68B	2.87B	3.05B
Gross profit	1.04B	1.03B	1.18B	1.21B	1.28B	1.39B	1.51B
Selling & admin expenses	708.00M	668.00M	892.00M	795.00M	875.00M	931.00M	953.00M
Research & development	--	--	--	--	--	--	--
Operating profit	327.00M	363.00M	287.00M	412.00M	409.00M	461.00M	557.00M
Pretax profit	319.00M	333.00M	274.00M	383.00M	346.00M	415.00M	470.00M
Tax	62.00M	90.00M	36.00M	74.00M	70.00M	70.00M	125.00M
Net profit	257.00M	243.00M	238.00M	309.00M	276.00M	345.00M	345.00M
Basic EPS	1	1	1	1	1	2	2
Diluted EPS	1.23	1.16	1.12	1.47	1.30	1.62	1.60

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	705.00M	776.00M	783.00M	789.00M	758.00M	816.00M
Gross profit	340.00M	382.00M	394.00M	392.00M	381.00M	417.00M
Selling & admin expenses	232.00M	244.00M	238.00M	239.00M	243.00M	267.00M
Research & development	--	--	--	--	--	--
Operating profit	108.00M	138.00M	156.00M	153.00M	138.00M	150.00M
Pretax profit	94.00M	125.00M	146.00M	105.00M	129.00M	338.00M
Tax	23.00M	28.00M	40.00M	34.00M	32.00M	84.00M
Net profit	71.00M	97.00M	106.00M	71.00M	97.00M	254.00M
Basic EPS	0	0	1	0	0	1
Diluted EPS	0.33	0.45	0.49	0.32	0.45	1.21

Balance sheet

Line item	2019	2020	2021	2022	2023	2024	2025
Total current assets	1.50B	1.59B	2.00B	998.00M	953.00M	921.00M	1.00B
Cash & ST investments	873.00M	971.00M	1.38B	373.00M	315.00M	298.00M	295.00M
Inventory	--	--	--	--	--	--	--
Total assets	3.19B	3.55B	3.66B	2.72B	2.74B	2.80B	2.92B
Total current liabilities	608.00M	670.00M	792.00M	694.00M	709.00M	740.00M	760.00M
Short-term debt	38.00M	42.00M	36.00M	42.00M	39.00M	88.00M	43.00M
Long-term debt	--	--	--	499.00M	904.00M	692.00M	491.00M
Total liabilities	1,166,000,000.00	1,279,000,000.00	1,330,000,000.00	1,643,000,000.00	2,058,000,000.00	1,869,000,000.00	1,627,000,000.00
Total equity	2.02B	2.27B	2.33B	1.08B	678.00M	931.00M	1.29B
Retained earnings	1.27B	1.49B	1.52B	211.00M	24.00M	250.00M	470.00M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	998.00M	1.01B	995.00M	1.00B	1.05B	1.23B
Cash & ST investments	267.00M	272.00M	255.00M	295.00M	258.00M	434.00M
Inventory	--	--	--	--	--	--
Total assets	2.88B	2.92B	2.90B	2.92B	2.96B	3.12B
Total current liabilities	804.00M	765.00M	749.00M	760.00M	899.00M	866.00M
Short-term debt	40.00M	42.00M	42.00M	43.00M	41.00M	39.00M
Long-term debt	653.00M	608.00M	544.00M	491.00M	357.00M	301.00M
Total liabilities	1,894,000,000.00	1,809,000,000.00	1,678,000,000.00	1,627,000,000.00	1,619,000,000.00	1,499,000,000.00
Total equity	984.00M	1.11B	1.22B	1.29B	1.34B	1.62B
Retained earnings	291.00M	356.00M	429.00M	470.00M	533.00M	750.00M

Returns & efficiency

Line item	2019	2020	2021	2022	2023	2024	2025
ROE %	12.28	10.86	9.82	17.41	30.45	41.85	30.01
ROA %	7.71	6.85	6.21	9.18	9.53	11.78	11.36
ROIC %	11.44	10.15	9.23	14.68	16.23	20.72	18.61
5-year avg ROE %	--	--	--	--	16.16	22.08	25.91
EBIT margin %	13.82	14.52	10.93	15.87	14.23	16.38	16.74
FCF / sales %	10.24	15.99	12.48	8.25	9.41	10.00	13.20
Current ratio	2.47	2.38	2.52	1.44	1.34	1.24	1.32
Quick ratio	2.39	2.29	2.44	1.38	1.28	1.16	1.21
Debt / assets	4.83	4.45	4.21	24.26	38.85	33.39	23.38
LT debt / equity	5.79	5.15	5.11	58.63	156.57	93.69	50.71
Interest coverage	320.00	334.00	275.00	23.53	10.89	8.55	12.46
Revenue CAGR (3Y) %	--	--	--	2.87	5.19	4.47	6.60
Net income CAGR (3Y) %	--	--	--	6.00	4.02	13.32	3.52
FCF CAGR (3Y) %	--	--	--	-4.26	-11.86	-2.95	24.67

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	41.07	35.12	32.83	30.01	30.58	37.65
ROA %	11.83	11.55	11.74	11.36	12.00	16.75
ROIC %	21.47	20.17	19.60	18.61	20.39	26.50
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	16.80	16.13	16.72	16.74	17.45	23.87
FCF / sales %	10.53	12.33	12.95	13.20	14.49	13.86
Current ratio	1.24	1.32	1.33	1.32	1.16	1.42
Quick ratio	1.16	1.20	1.17	1.21	1.09	1.32
Debt / assets	29.29	27.55	25.40	23.38	18.24	15.26
LT debt / equity	82.78	69.81	58.17	50.71	37.76	27.40
Interest coverage	9.38	9.71	11.16	12.46	14.65	23.47
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Lead segment, long tail

industrial is the largest reported line at 49.26% of revenue, across 3 reported segments.
Consumer follows at 44.36%, so the top line still matters most but isn’t the whole story.

Revenue breakdown most recent period

Business

industrial49.26%

Consumer44.36%

Risk & Compliance Software6.37%

Quote time 2026-10-08 04:55:13 · For reference only, not investment advice and not tailored to your situation.