UL Solutions Inc. (ULS)
NYSE: ULS · Real-Time Price · USD
70.35
+0.18 (0.26%)
At close: May 12, 2025, 4:00 PM
72.25
+1.90 (2.70%)
After-hours: May 12, 2025, 7:50 PM EDT
UL Solutions Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 |
| Revenue | 2,905 | 2,870 | 2,678 | 2,520 | 2,517 | 2,301 | Upgrade
|
| Revenue Growth (YoY) | 6.84% | 7.17% | 6.27% | 0.12% | 9.39% | -0.60% | Upgrade
|
| Cost of Revenue | 1,490 | 1,477 | 1,398 | 1,313 | 1,338 | 1,270 | Upgrade
|
| Gross Profit | 1,415 | 1,393 | 1,280 | 1,207 | 1,179 | 1,031 | Upgrade
|
| Selling, General & Admin | 941 | 938 | 883 | 826 | 922 | 700 | Upgrade
|
| Operating Expenses | 941 | 938 | 883 | 826 | 922 | 700 | Upgrade
|
| Operating Income | 474 | 455 | 397 | 381 | 257 | 331 | Upgrade
|
| Interest Expense | -52 | -55 | -35 | -17 | -1 | -1 | Upgrade
|
| Interest & Investment Income | 4 | 4 | 12 | 1 | 7 | - | Upgrade
|
| Earnings From Equity Investments | - | - | - | - | 11 | 3 | Upgrade
|
| Currency Exchange Gain (Loss) | -11 | -11 | -2 | -11 | -2 | -16 | Upgrade
|
| Other Non Operating Income (Expenses) | -3 | -2 | 2 | 7 | 2 | 2 | Upgrade
|
| EBT Excluding Unusual Items | 412 | 391 | 374 | 361 | 274 | 319 | Upgrade
|
| Impairment of Goodwill | - | - | -37 | - | - | - | Upgrade
|
| Gain (Loss) on Sale of Investments | - | - | 7 | 22 | - | 14 | Upgrade
|
| Gain (Loss) on Sale of Assets | 24 | 24 | 2 | - | - | - | Upgrade
|
| Pretax Income | 436 | 415 | 346 | 383 | 274 | 333 | Upgrade
|
| Income Tax Expense | 80 | 70 | 70 | 74 | 36 | 90 | Upgrade
|
| Earnings From Continuing Operations | 356 | 345 | 276 | 309 | 238 | 243 | Upgrade
|
| Minority Interest in Earnings | -19 | -19 | -16 | -16 | -14 | -12 | Upgrade
|
| Net Income | 337 | 326 | 260 | 293 | 224 | 231 | Upgrade
|
| Net Income to Common | 337 | 326 | 260 | 293 | 224 | 231 | Upgrade
|
| Net Income Growth | 29.12% | 25.39% | -11.26% | 30.80% | -3.03% | -6.10% | Upgrade
|
| Shares Outstanding (Basic) | 200 | 200 | 200 | 200 | 37 | - | Upgrade
|
| Shares Outstanding (Diluted) | 202 | 201 | 200 | 200 | 37 | - | Upgrade
|
| Shares Change (YoY) | 0.88% | 0.50% | - | 443.28% | - | - | Upgrade
|
| EPS (Basic) | 1.69 | 1.63 | 1.30 | 1.47 | 6.08 | - | Upgrade
|
| EPS (Diluted) | 1.67 | 1.62 | 1.30 | 1.47 | 6.08 | - | Upgrade
|
| EPS Growth | 28.34% | 24.62% | -11.26% | -75.91% | - | - | Upgrade
|
| Free Cash Flow | 306 | 287 | 252 | 208 | 314 | 368 | Upgrade
|
| Free Cash Flow Per Share | 1.52 | 1.43 | 1.26 | 1.04 | 8.53 | - | Upgrade
|
| Dividend Per Share | 0.505 | 0.500 | 0.400 | - | - | - | Upgrade
|
| Dividend Growth | 18.82% | 25.00% | - | - | - | - | Upgrade
|
| Gross Margin | 48.71% | 48.54% | 47.80% | 47.90% | 46.84% | 44.81% | Upgrade
|
| Operating Margin | 16.32% | 15.85% | 14.82% | 15.12% | 10.21% | 14.38% | Upgrade
|
| Profit Margin | 11.60% | 11.36% | 9.71% | 11.63% | 8.90% | 10.04% | Upgrade
|
| Free Cash Flow Margin | 10.53% | 10.00% | 9.41% | 8.25% | 12.47% | 15.99% | Upgrade
|
| EBITDA | 591 | 568 | 500 | 473 | 354 | 427 | Upgrade
|
| EBITDA Margin | 20.34% | 19.79% | 18.67% | 18.77% | 14.06% | 18.56% | Upgrade
|
| D&A For EBITDA | 117 | 113 | 103 | 92 | 97 | 96 | Upgrade
|
| EBIT | 474 | 455 | 397 | 381 | 257 | 331 | Upgrade
|
| EBIT Margin | 16.32% | 15.85% | 14.82% | 15.12% | 10.21% | 14.38% | Upgrade
|
| Effective Tax Rate | 18.35% | 16.87% | 20.23% | 19.32% | 13.14% | 27.03% | Upgrade
|
Updated May 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.