UL Solutions Inc. (ULS)

UL Solutions Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Aug 15, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	13,479	9,982	-	-	-	-
Enterprise Value	14,012	10,666	-	-	-	-
Last Close Price	67.10	49.67	-	-	-	-
PE Ratio	41.50	30.62	-	-	-	-
Forward PE	36.36	29.82	-	-	-	-
PS Ratio	4.56	3.48	-	-	-	-
PB Ratio	12.33	10.72	-	-	-	-
P/TBV Ratio	51.25	116.07	-	-	-	-
P/FCF Ratio	37.03	34.78	-	-	-	-
P/OCF Ratio	23.20	19.05	-	-	-	-
PEG Ratio	-	2.98	-	-	-	-
EV/Sales Ratio	4.75	3.72	-	-	-	-
EV/EBITDA Ratio	22.97	18.78	-	-	-	-
EV/EBIT Ratio	28.71	23.44	-	-	-	-
EV/FCF Ratio	38.50	37.16	-	-	-	-
Debt / Equity Ratio	0.72	1.00	1.57	0.61	0.07	0.07
Debt / EBITDA Ratio	1.17	1.45	1.84	1.20	0.36	0.33
Debt / FCF Ratio	2.21	3.26	4.22	3.17	0.49	0.44
Asset Turnover	1.04	1.04	0.98	0.79	0.70	-
Quick Ratio	1.20	1.20	1.28	1.38	2.44	2.29
Current Ratio	1.32	1.25	1.34	1.44	2.52	2.38
Return on Equity (ROE)	36.55%	42.88%	31.45%	18.13%	10.34%	-
Return on Assets (ROA)	10.77%	10.27%	9.10%	7.46%	4.45%	-
Return on Capital (ROIC)	16.75%	15.77%	14.27%	11.28%	6.53%	-
Return on Capital Employed (ROCE)	22.60%	22.10%	19.60%	18.80%	9.00%	11.50%
Earnings Yield	2.43%	3.27%	-	-	-	-
FCF Yield	2.70%	2.88%	-	-	-	-
Dividend Yield	0.78%	1.01%	-	-	-	-
Payout Ratio	31.54%	30.68%	30.77%	-	-	3.90%
Buyback Yield / Dilution	-0.75%	-0.50%	-	-443.28%	-	-
Total Shareholder Return	0.03%	0.51%	-	-443.28%	-	-

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q