UL Solutions Inc.

UL Solutions Inc.

64.00
EUR
-0.45
(-0.70%)
2.27EPS
40.34P/E
17.89BMarket Cap
Nov 03Next Earn

Total Valuation

EUR

As of June 30, 2026, UL Solutions Inc. Class A carries a market capitalization of 17.89B, placing it among publicly traded companies globally. Its enterprise value stands at 17.95B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap17.89B
Enterprise Value17.95B

Important Dates

UL Solutions Inc. Class A's next confirmed earnings release is scheduled for November 3, 2026.

Earnings Date11/3/2026

Share Statistics

As of June 30, 2026, UL Solutions Inc. Class A has 201.89M shares outstanding.

Shares Outstanding201.89M

Valuation Ratios

As of June 30, 2026, UL Solutions Inc. Class A trades at a trailing price-to-earnings ratio of 40.34. The price-to-sales ratio is 6.48, and the price-to-book ratio stands at 12.81.

PE Ratio40.34
PS Ratio6.48
PB Ratio12.81
P/TBV Ratio24.86
P/FCF Ratio30.42
P/OCF Ratio30.05

Enterprise Valuation

As of June 30, 2026, UL Solutions Inc. Class A trades at an EV/EBITDA multiple of 27.27 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 6.52 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 36.48 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. UL Solutions Inc. Class A trades at an EV/FCF ratio of 29.23, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 17.95B versus a market cap of 17.89B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales6.52
EV / EBITDA27.27
EV / EBIT36.48
EV / FCF29.23

Financial Position

As of June 30, 2026, UL Solutions Inc. Class A maintains a current ratio of 1.42, meaning it holds 1.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 29.38, indicating elevated leverage, while an interest coverage ratio of 23.50 demonstrates strong ability to service its debt obligations.

Current Ratio1.42
Quick Ratio1.32
Debt / Equity29.38
Debt / EBITDA0.63
Interest Coverage23.50

Financial Efficiency

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Over the twelve months ended June 30, 2026, UL Solutions Inc. Class A posted a return on equity (ROE) of 37.57, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 20.73 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 16.72, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 25.19, useful for judging operating efficiency across full business cycles. The company generates approximately 184,666.04 in revenue per employee across its workforce of 14,911.75, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)37.57
Return on Assets (ROA)16.72
Return on Invested Capital (ROIC)20.73
Return on Capital Employed (ROCE)25.19
Revenue Per Employee184,666.04
Employee Count14,911.75

Taxes

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Over the twelve months ended June 30, 2026, UL Solutions Inc. Class A recorded 166.31M in income tax expense. That works out to an effective tax rate of 26.46, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 628.47M, leaving 442.03M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax166.31M
Effective Tax Rate26.46

Stock Price Statistics

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As of the close on August 28, 2026, UL Solutions Inc. Class A's stock has gained approximately 20.75% over the past 52 weeks. The 50-day moving average sits at 74.51, while the 200-day moving average is 73.05.

52-Week Price Change20.75%
50-Day Moving Average74.51
200-Day Moving Average73.05

Income Statement

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Over the twelve months ended June 30, 2026, UL Solutions Inc. Class A generated 2.75B in revenue and converted that into 442.03M in net income, yielding earnings per share of 2.27. EBITDA reached 658.23M, while operating income came in at 522.55M.

Revenue2.75B
Gross Profit1.39B
Operating Income522.55M
Pretax Income628.47M
Net Income442.03M
EBITDA658.23M
EBIT491.92M
Earnings Per Share (EPS)2.27

Balance Sheet

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As of June 30, 2026, UL Solutions Inc. Class A holds 379.88M in cash and equivalents against 416.64M in total debt, resulting in a net debt position of -116.41M. Total book value stands at 1.40B, with working capital of 322.11M providing operational flexibility.

Cash & Cash Equivalents379.88M
Total Debt416.64M
Net Debt-116.41M
Equity (Book Value)1.40B
Book Value Per Share6.92
Working Capital322.11M

Cash Flow

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UL Solutions Inc. Class A produced 593.45M in operating cash flow over the twelve months ended June 30, 2026.

Operating Cash Flow593.45M
Free Cash Flow593.45M
FCF Per Share2.95

Margins

Over the twelve months ended June 30, 2026, UL Solutions Inc. Class A posted a gross margin of 50.35, reflecting its pricing power and cost economics. The operating margin of 18.98 and net profit margin of 16.05 provide insight into operational efficiency.

Gross Margin50.35
Operating Margin18.98
Pretax Margin22.82
Profit Margin16.05
EBITDA Margin23.90

Dividends & Yields

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Over the twelve months ended June 30, 2026, UL Solutions Inc. Class A paid dividends of 0.48 per share. The dividend payout ratio of 19.96 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 3.29, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 2.36, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to UL Solutions Inc. Class A shareholders.

Dividend Per Share0.48
Payout Ratio19.96
Shareholder Yield2.36
FCF Yield3.29

Scores

As of June 30, 2026, UL Solutions Inc. Class A has an Altman Z-Score of 11.00, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score11.00