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

NYSE:ULS