UL Solutions Inc. (ULS) Stock

About UL Solutions Inc.

UL Solutions Inc. is a global leader in safety science services. The company's operations are organized into three primary business units: Industrial, Consumer, and Software and Advisory. The Industrial division provides comprehensive testing, inspection, and certification services. These offerings serve a wide range of markets, including energy, industrial automation, engineered materials, and the built environment, supporting various parties such as manufacturers, building owners, end-users, and regulatory authorities. Within the Consumer segment, UL Solutions delivers diverse services, including safety certification testing, ongoing compliance monitoring, and assistance with global market access. It also conducts evaluations for connectivity, performance, and quality, alongside offering critical systems advisory and training. Furthermore, this segment aids clients with product market acceptance and risk mitigation. Its customer base includes industries producing consumer electronics, medical devices, information technologies, appliances, HVAC systems, lighting, and retail goods, as well as those involved in emerging consumer applications like new mobility, smart products, and 5G technology. The Software and Advisory segment offers specialized software solutions and technical consulting. These services enable clients in heavily regulated industries, such as life sciences, to manage intricate regulatory obligations, improve transparency within their supply chains, and embed sustainability into their operations, particularly concerning new ESG (Environmental, Social, and Governance) and sustainability directives. A key offering is the ULTRUS software brand, designed to help customers achieve faster time-to-market, enhance sustainability, and strengthen safety protocols. Founded in 1894, the company was formerly known as UL Inc. before rebranding to UL Solutions Inc. in June 2022. Headquartered in Northbrook, Illinois, UL Solutions Inc. boasts a significant international presence with offices spanning North America, Asia Pacific, Africa, Europe, Latin America, and the Middle East. It operates as a subsidiary of ULSE Inc.

UL Solutions Inc. is led by CEO Jennifer F. Scanlon, employs 14,813 people, headquartered in Northbrook, US, publicly traded since 2024.

UL Solutions Inc. (ULS) stock trades at $91.09 with a market capitalization of $18.33B. The stock is valued at a price-to-earnings (P/E) ratio of 61.88, price-to-book of 15.40, price-to-sales of 6.47. Over the past 52 weeks the stock has ranged between $61.64 and $107.54, and currently trades 15.3% below its 52-week high. It pays a dividend yielding 0.54%.

On profitability, UL Solutions Inc. generates a return on equity (ROE) of 25.12% — well above the market average, a sign of a high-quality business, return on capital employed of 40.34%, an operating margin of 17.10%, a net profit margin of 11.24%.

In its most recent fiscal year, UL Solutions Inc. reported annual revenue of $3.1B, net profit of $325.0M, revenue has compounded at 5.8% a year over the last five years, profit at 7.1% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.40 — a conservative balance sheet with little leverage risk, a current ratio of 1.32, total assets of $2.9B, $295.0M in cash and equivalents.

ULS has an average daily trading volume of 910,300 shares, a beta of 0.62 (less volatile than the overall market).

Official website: www.ul.com