UL Solutions Inc. financial data

Symbol
ULS on NYSE
Industry
Services-Testing Laboratories
Location
333 Pfingsten Road, Northbrook, IL
State of incorporation
DE
Fiscal year end
December 31
Former names
UL Inc. (to 5/18/2022)
Latest financial report
10-Q - Q3 2024 - Nov 5, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 130 %
Debt-to-equity 274 %

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 200M shares
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 200M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 202M shares +1%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 731M USD +8.14%
Cost of Revenue 373M USD +8.43%
Operating Income (Loss) 130M USD +46.1%
Nonoperating Income (Expense) 0 USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 116M USD +54.7%
Income Tax Expense (Benefit) 22M USD +22.2%
Net Income (Loss) Attributable to Parent 88M USD +66%
Earnings Per Share, Basic 0.44 USD/shares +63%
Earnings Per Share, Diluted 0.44 USD/shares +63%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 327M USD
Accounts Receivable, after Allowance for Credit Loss, Current 354M USD
Other Assets, Current 73M USD
Assets, Current 977M USD
Deferred Income Tax Assets, Net 120M USD
Operating Lease, Right-of-Use Asset 183M USD
Goodwill 651M USD
Other Assets, Noncurrent 150M USD
Assets 2.88B USD
Accounts Payable, Current 138M USD
Employee-related Liabilities, Current 223M USD
Contract with Customer, Liability, Current 253M USD
Liabilities, Current 745M USD
Operating Lease, Liability, Noncurrent 153M USD
Other Liabilities, Noncurrent 101M USD
Liabilities 1.98B USD
Accumulated Other Comprehensive Income (Loss), Net of Tax -139M USD
Retained Earnings (Accumulated Deficit) 194M USD
Stockholders' Equity Attributable to Parent 872M USD
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 896M USD -25.1%
Liabilities and Equity 2.88B USD

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 141M USD -12.4%
Net Cash Provided by (Used in) Financing Activities -49M USD -590%
Net Cash Provided by (Used in) Investing Activities -57M USD +24%
Common Stock, Shares, Issued 200M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 29M USD -69.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 327M USD -28.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 10M USD +25%
Payments to Acquire Property, Plant, and Equipment 57M USD -9.52%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 119M USD +213%
Operating Lease, Liability, Current 37M USD
Deferred Income Tax Expense (Benefit) -3M USD -127%
Preferred Stock, Shares Authorized 10M shares
Additional Paid in Capital 817M USD
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 4M USD 0%
Depreciation, Depletion and Amortization 41M USD +13.9%
Share-based Payment Arrangement, Expense 10M USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares