UL Solutions Inc.
NYSE-ULS
Company Overview
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.
Name
UL Solutions Inc.
CEO
Ms. Jennifer F. Scanlon
Website
www.ul.com
Sector
Professional Services
Year Founded
1894
Profile
Market Cap
$9,876.34M
EV
$10.54B
Shares Out
200.01M
Revenue
$2,760M
Employees
15,063
Margins
Gross
48.33%
EBITDA
19.31%
Operating
15.29%
Pre-Tax
13.08%
Net
9.71%
FCF
10%
Returns (5Yr Avg)
ROA
9.47%
ROTA
30.98%
ROE
24.92%
ROCE
18.62%
ROIC
15.52%
Valuation (TTM)
P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—
Valuation (NTM)
Price Target
$49.71
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
Financial Health
Cash
$295M
Net Debt
$643M
Debt/Equity
1.19
EBIT/Interest
8.98
Growth (CAGR)
Rev 3Yr
5.19%
Rev 5Yr
—
Rev 10Yr
—
Dil EPS 3Yr
—
Dil EPS 5Yr
—
Dil EPS 10Yr
—
Rev Fwd 2Yr
5.54%
EBITDA Fwd 2Yr
—
EPS Fwd 2Yr
—
EPS LT Growth Est
7%
Dividends
Yield
—
Payout
9.33%
DPS
$0.13
DPS Growth 3Yr
—
DPS Growth 5Yr
—
DPS Growth 10Yr
—
DPS Growth Fwd 2Yr
—