UL Solutions Inc.
Rank #83Capital ReturnULS · NYSE · Industrials
UL Solutions Inc. (ULS) — Rank #83 by gross profitability (GP/assets 0.48) · ROE 20.4% · Piotroski F-Score 7 / 9.
As-of 2026-09-15 · CIK 0001901440 · all metrics point-in-time as of the filing date.
About
UL Solutions Inc., together with its subsidiaries, provides testing, inspection and certification services and related software and advisory services worldwide.
Show moreShow less
It operates through three segments: Industrial, Consumer, and Software and Advisory. The Industrial segment provides testing, inspection, and certification services across various end markets, including energy, industrial automation, engineered materials, and built environment, as well as stakeholders, such as manufacturers, building and asset owners, end users, and regulators. The Consumer segment offers safety certification testing, ongoing certification, global market access, testing for connectivity, performance and quality, and critical systems advisory and training services, as well as product market acceptance and risk mitigation services for customers in the consumer products end markets comprising consumer electronics, medical devices, information technologies, appliances, HVAC, lighting, and retail, as well as consumer applications, such as new mobility, smart products, and 5G. The Software and Advisory segment provide software and technical advisory services that enable customers to manage regulatory requirements, deliver supply chain transparency, and operationalize sustainability. It offers ULTRUS, a software that helps customers meet regulatory, supply chain, and sustainability challenges. UL Solutions Inc. was formerly known as UL Inc. and changed its name to UL Solutions Inc. in December 2021.
The company was founded in 1894 and is headquartered in Northbrook, Illinois. UL Solutions Inc. operates as a subsidiary of ULSE Inc.
- Industry
- Specialty Business Services
- Sector
- Industrials
- State
- DE
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- ul.com
Financials
Each fiscal year is read as-of that year’s own 10-K filing, so nothing restated after the fact leaks backwards. Line items this filer never tagged are omitted. Hover or tap a badge for the diagnostic behind it.
| Fiscal year end | 2025-12-31filed 2026-02-19 | 2024-12-31filed 2025-02-20 | 2023-12-31filed 2025-02-20 | 2022-12-31filed 2025-02-20 |
|---|---|---|---|---|
| Revenue | 3,053.0 | 2,870.0 | 2,678.0 | 2,520.0 |
| Revenue growth (YoY) | 6.4% | 7.2% | 7.2% | 7.2% |
| Cost of revenue | 1,543.0 | 1,477.0 | 1,398.0 | 1,313.0 |
| Gross profit | 1,510.0 | 1,393.0 | 1,393.0 | 1,393.0 |
| Gross margin | 49.5% | 48.5% | 48.5% | 48.5% |
| Selling, general & administrative | 953.0 | 931.0 | 875.0 | 795.0 |
| Operating income | 522.0 | 462.0 | 368.0 | 412.0 |
| Operating margin | 17.1% | 16.1% | 16.1% | 16.1% |
| Pre-tax income | 470.0 | 415.0 | 346.0 | 383.0 |
| Income tax expense | 125.0 | 70.0 | 70.0 | 74.0 |
| Net income | 325.0 | 326.0 | 260.0 | 293.0 |
| Net margin | 10.6% | 11.4% | 11.4% | 11.4% |
| EPS (basic) | $1.62 | $1.63 | $1.30 | $1.47 |
| EPS (diluted) | $1.60 | $1.62 | $1.30 | $1.47 |
Figures are as originally filed with the SEC (point-in-time), not restated, so they can differ slightly from sites that show later-restated numbers. Why point-in-time?