Company research
UL Solutions Inc.
CIK 1901440Updated Sep 24, 2026
SecurityULS · NYSE · equity
Name history
UL Solutions Inc. · through Sep 14, 2026UL Inc. · through May 18, 2022
ULS price & chart
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NYSE:ULS on TradingView ↗About the company
A global leader in applied safety science, UL Solutions Inc. (NYSE: ULS) transforms safety, security and sustainability challenges into opportunities for customers in more than 110 countries. UL Solutions delivers testing, inspection and certification services, advisory offerings and software solutions that support our customers’ product innovation and business growth. The UL Mark serves as a recognized symbol of trust in our customers’ products and reflects an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage.
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 2,921,000,000Source | 2,800,000,000Source | 2,736,000,000Source |
| Property, Plant and Equipment, NetUSD | 699,000,000Source | 631,000,000Source | 555,000,000Source |
| GoodwillUSD | 656,000,000Source | 633,000,000Source | 623,000,000Source |
| Current assets: | |||
| Cash and Cash Equivalents, at Carrying ValueUSD | 295,000,000Source | 298,000,000Source | 315,000,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 422,000,000Source | 380,000,000Source | 362,000,000Source |
| Assets, CurrentUSD | 1,000,000,000Source | 921,000,000Source | 953,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 179,000,000Source | 186,000,000Source | 151,000,000Source |
| Other Assets, NoncurrentUSD | 140,000,000Source | 136,000,000Source | 133,000,000Source |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 1,627,000,000Source | 1,869,000,000Source | 2,058,000,000Source |
| Stockholders’ equity: | |||
| Additional Paid in CapitalUSD | 887,000,000Source | 821,000,000Source | 776,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | 470,000,000Source | 250,000,000Source | 24,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -95,000,000Source | -167,000,000Source | -146,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,262,000,000Source | 904,000,000Source | 654,000,000Source |
| Liabilities and EquityUSD | 2,921,000,000Source | 2,800,000,000Source | 2,736,000,000Source |
| Current liabilities: | |||
| Liabilities, CurrentUSD | 760,000,000Source | 740,000,000Source | 709,000,000Source |
| Operating Lease, Liability, CurrentUSD | 43,000,000Source | 38,000,000Source | 39,000,000Source |
| Accounts Payable, CurrentUSD | 183,000,000Source | 182,000,000Source | 169,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 149,000,000Source | 155,000,000Source | 120,000,000Source |
| Other Liabilities, NoncurrentUSD | 93,000,000Source | 86,000,000Source | 93,000,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 32,000,000Source | 27,000,000Source | 24,000,000Source |
| Additional Financial Items | |||
| Long-term Debt, Excluding Current MaturitiesUSD | 491,000,000Source | — | 904,000,000Source |
| Long-term Debt, Current MaturitiesUSD | 0Source | 50,000,000Source | 0Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 491,000,000Source | 692,000,000Source | 904,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 345,000,000Source | 345,000,000Source | 276,000,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation, Depletion and AmortizationUSD | 188,000,000Source | 172,000,000Source | 154,000,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 47,000,000Source | 23,000,000Source | 0Source |
| Changes in operating assets and liabilities: | |||
| Increase (Decrease) in Accounts ReceivableUSD | 32,000,000Source | 31,000,000Source | -6,000,000Source |
| Increase (Decrease) in Accounts PayableUSD | -13,000,000Source | 13,000,000Source | 1,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | 2,000,000Source | -6,000,000Source | 11,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 600,000,000Source | 524,000,000Source | 467,000,000Source |
| Cash flows from investing activities: | |||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 1,000,000Source | 26,000,000Source | 18,000,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -204,000,000Source | -234,000,000Source | -175,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -1,000,000Source | 0Source | -5,000,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 197,000,000Source | 237,000,000Source | 215,000,000Source |
| Cash flows from financing activities: | |||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 15,000,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -396,000,000Source | -284,000,000Source | -294,000,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 104,000,000Source | 100,000,000Source | 680,000,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -7,000,000Source | -4,000,000Source | -10,000,000Source |
| Repayments of Long-term DebtUSD | 1,045,000,000Source | 346,000,000Source | 30,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -3,000,000Source | -17,000,000Source | -7,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 295,000,000Source | 298,000,000Source | 315,000,000Source |
| Supplemental disclosure of cash flow information: | |||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 40,000,000Source | 57,000,000Source | 32,000,000Source |
| Income Taxes Paid, NetUSD | 92,000,000Source | 66,000,000Source | 57,000,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -3,000,000Source | -23,000,000Source | -5,000,000Source |
| Additional Financial Items | |||
| Share-based Payment Arrangement, ExpenseUSD | 50,000,000Source | 33,000,000Source | 15,000,000Source |
| Amortization of Intangible AssetsUSD | 13,000,000Source | 13,000,000Source | 15,000,000Source |
| Capitalized Computer Software, AmortizationUSD | 65,000,000Source | 59,000,000Source | 51,000,000Source |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to SettlementUSD | — | 0Source | 0Source |
| DepreciationUSD | 110,000,000Source | 100,000,000Source | 88,000,000Source |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on DisposalUSD | 0Source | 24,000,000Source | 2,000,000Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | 0Source | 0Source | 7,000,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -10,000,000Source | -11,000,000Source | -4,000,000Source |
| Gain (Loss) on InvestmentsUSD | — | -6,000,000Source | 6,000,000Source |
| GoodwillUSD | 656,000,000Source | 633,000,000Source | 623,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 37,000,000Source |
| Income Tax Expense (Benefit)USD | 125,000,000Source | 70,000,000Source | 70,000,000Source |
| InterestExpenseNonoperatingUSD | 41,000,000Source | 55,000,000Source | 35,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 325,000,000Source | 326,000,000Source | 260,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 20,000,000Source | 19,000,000Source | 16,000,000Source |
| Nonoperating Income (Expense)USD | -11,000,000Source | 8,000,000Source | 13,000,000Source |
| Other Nonoperating Income (Expense)USD | -1,000,000Source | -2,000,000Source | 2,000,000Source |
| Payments to Acquire InvestmentsUSD | 58,000,000Source | 0Source | 95,000,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 792,000,000Source | 181,000,000Source | 440,000,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total RevenueUSD | 3,053,000,000Source | 2,870,000,000Source | 2,678,000,000Source |
| Cost of Goods and Services Sold | — | — | — |
| Gross Profit (Calculated) · Derived | — | — | — |
| Selling, General and Administrative ExpenseUSD | 953,000,000Source | 931,000,000Source | 875,000,000Source |
| Operating Income (Loss)USD | 522,000,000Source | 462,000,000Source | 368,000,000Source |
| Other Nonoperating Income (Expense)USD | -1,000,000Source | -2,000,000Source | 2,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 470,000,000Source | 415,000,000Source | 346,000,000Source |
| Income Tax Expense (Benefit)USD | 125,000,000Source | 70,000,000Source | 70,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 20,000,000Source | 19,000,000Source | 16,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 325,000,000Source | 326,000,000Source | 260,000,000Source |
| Earnings Per Share, BasicUSD per share | 1.62Source | 1.63Source | 1.3Source |
| Earnings Per Share, DilutedUSD per share | 1.6Source | 1.62Source | 1.3Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 201,000,000Source | 200,000,000Source | 200,000,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 203,000,000Source | 201,000,000Source | 200,000,000Source |
| Interest Expense (non-operating)USD | 41,000,000Source | 55,000,000Source | 35,000,000Source |
| Additional Financial Items | |||
| Amortization of Intangible AssetsUSD | 13,000,000Source | 13,000,000Source | 15,000,000Source |
| Capitalized Computer Software, AmortizationUSD | 65,000,000Source | 59,000,000Source | 51,000,000Source |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to SettlementUSD | — | 0Source | 0Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -10,000,000Source | -11,000,000Source | -4,000,000Source |
| Gain (Loss) on InvestmentsUSD | — | -6,000,000Source | 6,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 37,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 11,000,000Source | -20,000,000Source | -1,000,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | 4,000,000Source | 4,000,000Source | 12,000,000Source |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost ComponentUSD | 4,000,000Source | 7,000,000Source | 8,000,000Source |
| Nonoperating Income (Expense)USD | -11,000,000Source | 8,000,000Source | 13,000,000Source |
Filing attachments
d900814dex991.htm · 8-K · 2026-04-13
EX-99.1 2 d900814dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 UL Solutions Inc. Broadens Portfolio with Agreement to Acquire Eurofins Scientific’s Electrical & Electronics Business 1 Expands UL Solutions’ global laboratory footprint and enhances commitment to TIC services for electrical safety and connected products Transaction expected to close in Q4 2026 subject to regulatory approvals and customary closing conditions NORTHBROOK, Ill. - (BUSINESS WIRE) - April 13, 2026 - UL Solutions Inc.…
Read attachment ↗d900814dex992.htm · 8-K · 2026-04-13
EX-99.2 3 d900814dex992.htm EX-99.2 EX-99.2 Exhibit 99.2 Acquisition of Eurofins Scientific SE’s Electrical & Electronics (E&E) Business April 13, 2026 Disclaimer This presentation and accompanying statements contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this presentation may be forward-looking statements. These include, among other things, statements regar…
Read attachment ↗