UL Solutions Inc.

UL Solutions Inc.

ULSยทNYSE

$98.03

-1.9%
IndustrialsSpecialty Business Services

UL Solutions Inc. provides safety science services worldwide. 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 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 for regulated industries, including life sciences, supply chain regulations, transparency needs, and new ESG and sustainability requirements. It offers ULTRUS software brand to help customers improve speed to market, sustainability and safety. UL Solutions Inc. was formerly known as UL Inc. and changed its name to UL Solutions Inc. in June 2022. The company was founded in 1894 and is headquartered in Northbrook, Illinois with additional offices in North America, Asia Pacific, Africa, Europe, Latin America, and Middle East. UL Solutions Inc. operates as a subsidiary of ULSE Inc.

At a Glance

Live Snapshot
Market Cap$19.73B
EPS1.6200
P/E Ratio60.51
Earnings Date08/04/2026
3Y+7.0%
5Y-18.0%
10Y-18.0%
3Y-1.0%
5Y+27.0%
10Y+27.0%
3Y+20.0%
5Y-43.0%
10Y-43.0%
uls

UL Solutions Inc. Funding & Solvency Profile

ULS ยท NYSE
Cash & Cash Equivalents295.00M
Net Receivables626.00M
Inventory0.00
Other Current Assets79.00M
Total Current Assets1 B
Property, Plant & Equipment878.00M
Goodwill & Intangible Assets809.00M
Long-Term Investments0.00
Other Non-Current Assets140.00M
Total Non-Current Assets1 B
Total Assets
2.92B

Financial Health Analysis

Current Ratio

1.32x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

1.26x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

240 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

34% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

UL Solutions Inc. Balance Sheet

ULS โ€ข NYSE

UL Solutions Inc. Balance SheetDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
ASSETS
CURRENT ASSETS
295M
298M
315M
322M
1.3B
971M
0.0
0.0
0.0
51M
47M
0.0
295M
298M
315M
373M
1.4B
971M
626M
586M
590M
587M
557M
566M
626M
562M
362M
376M
368M
566M
0.0
24M
228M
211M
189M
0.0
0.0
33M
35M
33M
61M
0.0
79M
4M
13M
5M
6M
57M
1B
921M
953M
998M
2B
1.6B
NON-CURRENT ASSETS
878M
817M
706M
637M
602M
609M
656M
633M
623M
647M
621M
593M
153M
185M
211M
200M
196M
209M
809M
818M
834M
847M
817M
802M
0.0
58M
64M
62M
44M
409M
94M
108M
110M
128M
166M
0.0
140M
78M
69M
48M
34M
137M
1.9B
1.9B
1.8B
1.7B
1.7B
2B
2.9B
2.8B
2.7B
2.7B
3.7B
3.6B
LIABILITIES
CURRENT LIABILITIES
183M
182M
169M
153M
179M
131M
183M
182M
169M
153M
179M
131M
282M
254M
0.0
0.0
29M
315M
43M
50M
0.0
0.0
0.0
3M
0.0
38M
39M
42M
36M
42M
0.0
0.0
0.0
0.0
29M
0.0
173M
162M
162M
142M
135M
0.0
79M
54M
339M
357M
413M
179M
760M
740M
709M
694M
792M
670M
NON-CURRENT LIABILITIES
640M
692M
904M
499M
0.0
0.0
0.0
0.0
0.0
0.0
15M
0.0
78M
282M
325M
331M
405M
493M
867M
1.1B
1.3B
949M
538M
609M
149M
193M
159M
161M
154M
158M
1.6B
1.9B
2.1B
1.6B
1.3B
1.3B
SHAREHOLDERS' EQUITY
0.0
821M
776M
1B
1B
1B
0.0
250M
24M
211M
1.5B
1.5B
0.0
-167M
-146M
-166M
-216M
-251M
1.3B
0.0
0.0
0.0
0.0
0.0
1.3B
904M
654M
1.1B
2.3B
2.3B
1.3B
931M
678M
1.1B
2.3B
2.3B
0.0
27M
24M
23M
21M
20M
SUMMARY
2.9B
2.8B
2.7B
2.7B
3.7B
3.6B
0.0
58M
64M
113M
91M
409M
832M
935M
1.1B
660M
154M
161M
537M
637M
748M
338M
-1.2B
-810M
200,945,626
200,945,626
200,945,626
200,945,626
200,945,626
200,945,626

SEC Filings

ULS - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 03, 2026
June 01, 2026
2026
8-K

8-K 2026

N/A

May 22, 2026
May 20, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 05, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 05, 2026
May 05, 2026
2026
8-K

8-K 2026

N/A

April 13, 2026
April 13, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 02, 2026
May 20, 2026
2026
10-K

10-K 2025 FY

FY

February 19, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 19, 2026
February 19, 2026
2026
8-K

8-K 2025

N/A

December 05, 2025
December 03, 2025
2025
8-K

8-K 2025

N/A

November 04, 2025
November 04, 2025
2025
Showing 1 to 10 of 37 filings