Industrial, Consumer, and Risk & Compliance Software organic growth separate underlying revenue change from acquisition, divestiture, and foreign-exchange effects under UL Solutions' issuer-defined bridge.
UL Solutions Inc.
Company snapshot
A consistent view of the latest supported company value and reported operating results.
Fundamental lens
Four transparent questions from retained financial evidence. Each result stands on its own; Grizzly Bulls does not combine them into a score, ranking, or recommendation.
Trailing-twelve-month net income is positive. As of 2026-06-30.
Trailing-twelve-month operating cash flow less capital expenditures is positive. As of 2026-06-30.
Reported current assets exceed reported current liabilities on the latest comparable retained balance sheet. As of 2026-06-30.
Comparable retained change history is not available through this reader.
How this lens works
Profitability uses only the sign of retained trailing-twelve-month net income. Cash generation uses only the sign of retained trailing-twelve-month free cash flow, defined as operating cash flow less capital expenditures.
Liquidity compares current assets with current liabilities only when both are retained for the same reporting date. It does not infer liquidity from differently dated balance sheets.
Recent operating direction uses the latest supported material financial event when comparable history exists. The existing change methodology requires at least a 10% absolute change or a sign/zero transition and compares quarterly results only with the same fiscal quarter year over year.
Market summary
Completed-session reference prices from IEX for Oct 16, 2026.
Price statistics
IEX historical data reflects IEX activity only and is presented as a source-scoped reference point, not as consolidated U.S. market history. Prices are unadjusted. Price returns exclude dividends and are not total returns. Historical statistics appear only when the retained source-session chain is complete and no split-like share-basis discontinuity is detected for that calculation window.
Data provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use.
Price history
Recent completed-session closing-price history for this listing. The chart shows raw, unadjusted single-exchange reference observations rather than a consolidated U.S. market close.
Derived reference metrics are omitted for this listing because the required history-quality checks did not clear for the full retained window.
About this market data
IEX historical data reflects IEX activity only and is presented as a source-scoped reference point, not as consolidated U.S. market history.
Data provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use.
The raw chart can show a discontinuity around a stock split because it is intentionally unadjusted. The screened metrics use only explicitly registered positive split events and do not assert complete split history.
Listing & sources
Ticker: ULS · Exchange: NYSE · Class A Common Stock, par value $0.001 per share
SEC issuer CIK: 0001901440
Listing source refreshed: 2026-09-13
Financials
SEC-reported financial statement history with filing dates preserved. Annual view retains up to four fiscal years; quarterly view retains up to five fiscal quarters. Missing cells mean a supported fact is unknown and are not treated as zero.
Income statement
| Metric | TTM · 2026-06-30 | FY 2025 · 2025-12-31 | FY 2025 · 2024-12-31 | FY 2025 · 2023-12-31 | FY 2024 · 2022-12-31 |
|---|---|---|---|---|---|
| Revenue | $3.15B Filed 2026-08-04 | $3.05B Filed 2026-02-19 | $2.87B Filed 2026-02-19 | $2.68B Filed 2026-02-19 | $2.52B Filed 2025-02-20 |
| Cost of revenue | $1.56B Filed 2026-08-04 | $1.54B Filed 2026-02-19 | $1.48B Filed 2026-02-19 | $1.39B Filed 2026-02-19 | $1.31B Filed 2025-02-20 |
| Operating income | $562M Filed 2026-08-04 | $522M Filed 2026-02-19 | $462M Filed 2026-02-19 | $368M Filed 2026-02-19 | $412M Filed 2025-02-20 |
| Pretax income | $718M Filed 2026-08-04 | $470M Filed 2026-02-19 | $415M Filed 2026-02-19 | $346M Filed 2026-02-19 | $383M Filed 2025-02-20 |
| Income tax expense | $190M Filed 2026-08-04 | $125M Filed 2026-02-19 | $70M Filed 2026-02-19 | $70M Filed 2026-02-19 | $74M Filed 2025-02-20 |
| Net income | $505M Filed 2026-08-04 | $325M Filed 2026-02-19 | $326M Filed 2026-02-19 | $260M Filed 2026-02-19 | $293M Filed 2025-02-20 |
| Diluted EPS | Unavailable | $1.60 Filed 2026-02-19 | $1.62 Filed 2026-02-19 | $1.30 Filed 2026-02-19 | $1.47 Filed 2025-02-20 |
| Diluted shares | Unavailable | 203M Filed 2026-02-19 | 201M Filed 2026-02-19 | 200M Filed 2026-02-19 | 200M Filed 2025-02-20 |
Balance sheet
| Metric | FY 2025 · 2025-12-31 | FY 2025 · 2024-12-31 | FY 2025 · 2023-12-31 | FY 2024 · 2022-12-31 |
|---|---|---|---|---|
| Cash | $295M Filed 2026-02-19 | $298M Filed 2026-02-19 | $315M Filed 2025-02-20 | Unknown |
| Current assets | $1B Filed 2026-02-19 | $921M Filed 2026-02-19 | $953M Filed 2025-02-20 | Unknown |
| Current liabilities | $760M Filed 2026-02-19 | $740M Filed 2026-02-19 | $709M Filed 2025-02-20 | Unknown |
| Current long-term debt | $0 Filed 2026-02-19 | $50M Filed 2026-02-19 | $0 Filed 2025-02-20 | Unknown |
| Long-term debt, noncurrent | $491M Filed 2026-02-19 | $692M Filed 2026-02-19 | $904M Filed 2025-02-20 | Unknown |
| Total assets | $2.92B Filed 2026-02-19 | $2.8B Filed 2026-02-19 | $2.74B Filed 2025-02-20 | Unknown |
| Total liabilities | $1.63B Filed 2026-02-19 | $1.87B Filed 2026-02-19 | $2.06B Filed 2025-02-20 | Unknown |
| Stockholders’ equity | $1.26B Filed 2026-02-19 | $904M Filed 2026-02-19 | $654M Filed 2025-02-20 | Unknown |
Cash flow
| Metric | TTM · 2026-06-30 | FY 2025 · 2025-12-31 | FY 2025 · 2024-12-31 | FY 2025 · 2023-12-31 | FY 2024 · 2022-12-31 |
|---|---|---|---|---|---|
| Operating cash flow | $678M Filed 2026-08-04 | $600M Filed 2026-02-19 | $524M Filed 2026-02-19 | $467M Filed 2026-02-19 | $372M Filed 2025-02-20 |
| Depreciation & amortization | $190M Filed 2026-08-04 | $188M Filed 2026-02-19 | $172M Filed 2026-02-19 | $154M Filed 2026-02-19 | $135M Filed 2025-02-20 |
| Capital expenditures | $242M Filed 2026-08-04 | $197M Filed 2026-02-19 | $237M Filed 2026-02-19 | $215M Filed 2026-02-19 | $164M Filed 2025-02-20 |
| Long-term debt issued | $829M Filed 2026-08-04 | $792M Filed 2026-02-19 | $181M Filed 2026-02-19 | $440M Filed 2026-02-19 | $700M Filed 2025-02-20 |
| Long-term debt repaid | $1.14B Filed 2026-08-04 | $1.05B Filed 2026-02-19 | $346M Filed 2026-02-19 | $30M Filed 2026-02-19 | $200M Filed 2025-02-20 |
| Dividends paid | $110M Filed 2026-08-04 | $104M Filed 2026-02-19 | $100M Filed 2026-02-19 | $680M Filed 2026-02-19 | $1.6B Filed 2025-02-20 |
Calculated from the latest TTM financials
Source: SEC filings. Financial facts retain filing dates and are shown only when the retained source and period alignment support them.
Valuation
A supported valuation measure is not available from the current retained price, share-count, and financial inputs.
Statistics
Reproducible trailing, quarterly, and annual statistics from retained SEC financials. Growth and return measures appear only when the required reporting periods align; missing denominators are omitted rather than estimated.
Trailing, quarterly, and annual profitability, return, and growth measures derived from retained SEC financials.
Latest annual liquidity measures using same-period reported current assets and current liabilities.
Trailing cash generation plus latest annual dividends and share repurchases where reported.
Historical financial statistics are descriptive accounting measures, not rankings or investment recommendations.
Ownership
No reviewed company-level insider ownership record is available for this listing.