UL Solutions Inc. (ULS) Income Statement

An income statement shows a company's revenue, expenses, and profit over a reporting period.

UL Solutions Inc., together with its subsidiaries, provides testing, inspection and certification services and related software and advisory services worldwide. It operates through three segments: Industrial, Consumer, and Software and Advisory.

Total Revenue Chart for UL Solutions Inc.

UL Solutions Inc. (ULS) revenue for FY2025 was USD 3.1B, a 6.4% change from FY2024. UL Solutions Inc.'s revenue grew from USD 2.3B in 2019 to USD 3.1B in 2025 (31.9% over 6 years). Earnings per share grew from USD 1.47 in 2022 to USD 1.60 in 2025 (9.3%). Revenue compound annual growth rate: 5-year CAGR of 5.8%.

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Total Revenue (US Dollars)

R&D as % of Revenue

Key Stats

Market Cap
$13.53B
Implied Share Price
$173.90
Enterprise Value
$13.24B
Revenue (TTM)
$3.15B
EBITDA
$721.00M
Profit Margin
16.08%
Trailing P/E
27.51
Forward P/E
24.88
Price/Book (MRQ)
8.28
Price/Sales (TTM)
4.31
EV/EBITDA
14.07
EV/Revenue
4.21
Dividend Yield
0.80%
Book Value
$7.90
Free Cash Flow (FY2025)
$403.00M
Free Cash Flow Yield
2.98%

Snapshot as of 8th October 2026 — not point-in-time controlled, may lag the live market by a few days.