UL Solutions Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Jennifer F. Scanlon
- Full Time Employees
- 14,851
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- 333 Pfingsten Road Northbrook IL United States 60062
- IPO Date
- Apr 12, 2024
- CIK
- 0001901440
- Website
- ul.com
- Similar Companies
- Business
- UL Solutions Inc. operates as a global independent safety science company primarily engaged in testing, inspection, certification, auditing, validation, and advisory services. Its core products and services span a wide range of industries and include safety and performance testing for components and consumer products; certification services such as product safety and eco-labels including the ECOLOGO® certification; supply chain quality assurance; software products and advisory solutions aimed at regulatory compliance, environmental claims verification, and risk mitigation; and specialized services for sectors including banking, energy, medical, transportation, beauty and personal care, furniture, HVACR, lighting, wire and cable, and general merchandise. The company supports customers in demonstrating product safety, quality, durability, and sustainability, with operations in more than 110 countries. Founded in 1894 and headquartered in Northbrook, Illinois, UL Solutions recently underwent a strategic name change from UL Inc. to UL Solutions Inc. in June 2022 to better reflect its expanded offerings beyond traditional certification services. In the last 1-2 years, the company has made strategic acquisitions such as Method Park, kVA, and Kugler Maag Cie to enhance expertise in safety-critical systems, functional safety, and cybersecurity. It also completed the sale of its payments testing business in 2024 to focus on core safety science operations. Recent partnerships include a collaboration with Evnia to help companies manage Extended Producer Responsibility (EPR) and environmental compliance, and a deepened partnership with GCC Labs to advance fire safety testing in the Middle East. UL Solutions is also expanding its electromagnetic and wireless testing capabilities in Europe through a new laboratory. UL Solutions continues to innovate by integrating advanced software and advisory services focused on regulatory compliance, accelerating industrial metaverse adoption, and expanding its verification services into industrial manufacturing software and processes. It remains a leader in safety science with a strong emphasis on transforming safety, security, and sustainability challenges into business opportunities for its global client base, which ranges from manufacturers and original equipment manufacturers to regulatory bodies and end-market consumers. The company reported strong financial performance in recent periods with growth across its industrial, consumer, and software segments. UL Solutions is publicly traded on the New York Stock Exchange under the ticker ULS.
Company News
UL Solutions Expands Capabilities to Help Companies Navigate Growing Packaging and Sustainability Regulations
UL Solutions Introduces Certification Pathway for DC Energy Storage Systems, Simplifying Reviews of Modular Installations
UL Solutions Sets Date for Third Quarter 2026 Results
UL Solutions Inc. $ULS Shares Newly Acquired by Birch Hill Investment Advisors LLC
UL Solutions Warns of GFCI and Duplex Wall Outlets Modified by Third Parties to Include Built-in Cameras
UL Solutions Opens Expanded Plano HVACR Testing Center to Address Heightened Customer Demand
UL Solutions (NYSE:ULS) Stock: Insider Jennifer Scanlon Sells 12,500 Shares
CNXC vs. ULS: Which Stock Is the Better Value Option?
UL Solutions Launches Modeling and Simulation Service for Gypsum Board Manufacturers
UL Solutions Inc. Completes Acquisition of Eurofins Scientific's Electrical & Electronics Business
UL Solutions Names Executive Vice President and Chief AI & Digital Trust Officer
UL Solutions Launches Certification for Direct-to-Chip Liquid Cooling Equipment Used in AI Data Centers
UL Solutions Warns of Unauthorized UL Marks on Carbon Monoxide Detectors
UL Solutions Warns of Unauthorized UL Marks on Rechargeable Hand Warmers
UL Solutions Launches Certification Program for Emerging Power Technology Supporting AI Data Centers
UL Solutions Introduces Certification Program for Prefabricated Data Center Power Distribution Systems, Awards First Certification to Schneider Electric
UL Solutions Expands Retail Center of Excellence in Northwest Arkansas
BFAM or ULS: Which Is the Better Value Stock Right Now?
UL Solutions Launches Certification Program to Help Electric Vehicles Support the Power Grid
UL Solutions Launches Certification Program to Help Electric Vehicles Support the Power Grid