UL Solutions Inc.

ULS

ULSUL Solutions Inc. US flag

New York Stock Exchange

85.64

USD

-2.12

- -

17.23BMarket Cap

Income Statement (USD)

API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	2,315	2,301	2,517	2,520	2,678	2,870	3,053
+ Sales & Services Revenue	2,315	2,301	2,517	2,520	2,678	2,870	3,053
- Cost of Revenue	1,280	1,270	1,338	1,313	1,394	1,478	1,543
+ Cost of Goods & Services	1,280	1,270	1,338	1,313	1,394	1,478	1,543
Gross Profit	1,035	1,031	1,179	1,207	1,284	1,392	1,510
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	708	668	892	795	875	931	953
+ Selling, General & Admin	708	668	892	795	875	931	953
+ Research & Development	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	327	363	287	412	409	461	557
- Non-Operating (Income) Loss	8	30	13	29	63	46	87
+ Interest Expense, Net	1	1	-6	16	23	51	37
+ Interest Expense	1	1	1	17	35	55	41
- Interest Income	- -	- -	7	1	12	4	4
+ Other Non-Op (Income) Loss	7	29	19	13	40	-5	50
Pretax Income	319	333	274	383	346	415	470
- Income Tax Expense (Benefit)	62	90	36	74	70	70	125
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	257	243	238	309	276	345	345
- Net Extraordinary Losses (Gains)	22	24	28	32	32	38	40
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	22	24	28	32	32	38	40
Income (Loss) Incl. MI	235	219	210	277	244	307	305
- Minority Interest	-11	-12	-14	-16	-16	-19	-20
Net Income, GAAP	246	231	224	293	260	326	325
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	246	231	224	293	260	326	325
EBIT	327	363	287	412	409	461	557
EBITDA	475	510	429	547	563	633	745
EBITDA Margin (%)	20.52	22.16	17.04	21.71	21.02	22.06	24.4
EBITA	327	363	287	412	409	461	557
Gross Margin (%)	44.71	44.81	46.84	47.9	47.95	48.5	49.46
Operating Margin (%)	14.13	15.78	11.4	16.35	15.27	16.06	18.24
Profit Margin (%)	10.63	10.04	8.9	11.63	9.71	11.36	10.65
Sales per Employee	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.04	0.04	1	8	3.4	0.5	0.52
Depreciation Expense	148	147	142	135	154	172	188
Basic Weighted Avg Shares	200	200	200	200	200	200	201
Basic EPS, GAAP	1.23	1.16	1.12	1.46	1.3	1.63	1.62
Basic EPS from Cont Ops	1.28	1.22	1.19	1.54	1.38	1.72	1.72
Diluted Weighted Avg Shares	200	200	200	200	200	201	203
Diluted EPS, GAAP	1.23	1.16	1.12	1.46	1.3	1.62	1.6
Diluted EPS from Cont Ops	1.28	1.22	1.19	1.54	1.38	1.72	1.7

Balance Sheet (USD)

API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	1,504	1,594	1,999	998	953	921	1,000
+ Cash, Cash Equivalents & STI	873	971	1,375	373	315	298	295
+ Cash & Cash Equivalents	844	971	1,328	322	315	298	295
+ ST Investments	29	- -	47	51	- -	- -	- -
+ Accounts & Notes Receiv	580	566	557	587	590	562	626
+ Accounts Receivable, Net	368	368	368	376	362	380	422
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	212	198	189	211	228	182	204
+ Inventories	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	51	57	67	38	48	61	79
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	1,685	1,957	1,663	1,722	1,783	1,879	1,921
+ Property, Plant & Equip, Net	586	609	602	637	706	817	878
+ Property, Plant & Equip	1,185	1,288	1,324	1,369	1,443	1,589	1,757
- Accumulated Depreciation	599	679	722	732	737	772	879
+ LT Investments & Receivables	145	409	44	62	64	- -	- -
+ LT Investments	145	409	44	62	64	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	954	939	1,017	1,023	1,013	1,062	1,043
+ Total Intangible Assets	824	802	817	847	834	818	809
+ Goodwill	581	593	621	647	623	633	656
+ Other Intangible Assets	243	209	196	200	211	185	153
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	130	137	200	176	179	244	234
Total Assets	3,189	3,551	3,662	2,720	2,736	2,800	2,921
+ Payables & Accruals	195	227	179	153	169	182	183
+ Accounts Payable	121	131	179	153	169	182	183
+ Accrued Taxes	19	50	29	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	55	46	-29	- -	- -	- -	- -
+ ST Debt	38	42	36	42	39	88	43
+ ST Borrowings	- -	- -	- -	- -	- -	50	- -
+ ST Finance Leases	38	42	36	42	39	38	43
+ Other ST Liabilities	375	401	577	499	501	470	534
+ Deferred Revenue	126	129	135	142	162	162	173
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	249	272	442	357	339	308	361
Total Current Liabilities	608	670	792	694	709	740	760
+ LT Debt	116	116	118	618	1,024	847	640
+ LT Borrowings	- -	- -	- -	499	904	692	491
+ LT Finance Leases	116	116	118	119	120	155	149
+ Other LT Liabilities	442	493	420	331	325	282	227
+ Accrued Liabilities	16	13	15	- -	- -	- -	- -
+ Pension Liabilities	376	414	336	246	232	196	134
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	50	66	69	85	93	86	93
Total Noncurrent Liabilities	558	609	538	949	1,349	1,129	867
Total Liabilities	1,166	1,279	1,330	1,643	2,058	1,869	1,627
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	1,009	1,009	1,009	1,009	776	821	887
+ Common Stock	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	1,009	1,009	1,009	1,009	776	821	887
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	1,274	1,494	1,518	211	24	250	470
+ Other Equity	-279	-251	-216	-166	-146	-167	-95
Equity Before Minority Interest	2,004	2,252	2,311	1,054	654	904	1,262
+ Minority/Non Controlling Interest	19	20	21	23	24	27	32
Total Equity	2,023	2,272	2,332	1,077	678	931	1,294
Total Liabilities & Equity	3,189	3,551	3,662	2,720	2,736	2,800	2,921
Shares Outstanding	200	200	200	200	200	200	201
Number of Employees	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	154	158	154	161	159	193	192
Net Debt	-844	-971	-1,328	177	589	444	196
Net Debt to Equity	-41.72	-42.74	-56.95	16.43	86.87	47.69	15.15
Tangible Common Equity Ratio	50.7	53.47	53.25	12.28	-8.2	5.7	22.96
Current Ratio	2.47	2.38	2.52	1.44	1.34	1.24	1.32
Cash Conversion Cycle	- -	22.16	11.08	7.73	8.14	3.84	4.77

Cash Flow Statement (USD)

API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	257	243	238	309	276	345	345
+ Depreciation & Amortization	148	147	142	135	154	172	188
+ Non-Cash Items	25	31	-60	36	55	24	78
+ Stock-Based Compensation	- -	- -	- -	- -	- -	23	47
+ Deferred Income Taxes	- -	-2	-70	10	11	-6	2
+ Asset Impairment Charge	- -	- -	- -	- -	37	- -	- -
+ Other Non-Cash Adj	25	33	10	26	7	7	29
+ Chg in Non-Cash Work Cap	-44	66	101	-108	-18	-17	-11
+ (Inc) Dec in Accts Receiv	-76	-7	-14	-27	-27	-28	-54
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	39	51	113	-103	-27	20	67
+ Inc (Dec) in Other	-7	22	2	22	36	-9	-24
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	386	487	421	372	467	524	600
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	23	-222	323	-7	49	- -	-7
+ Dec in LT Investment	52	28	495	155	144	- -	51
+ Inc in LT Investment	-29	-250	-172	-162	-95	- -	-58
+ Net Cash From Acq & Div	-48	-3	-47	-66	-14	3	-1
+ Cash from Divestitures	- -	- -	- -	- -	4	29	- -
+ Cash for Acq of Subs	-48	-3	-47	-66	-18	-26	-1
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-139	-119	-98	-165	-210	-237	-196
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-164	-344	178	-238	-175	-234	-204
+ Dividends Paid	-7	-9	-200	-1,600	-680	-100	-104
+ Net Cash From Debt	- -	- -	- -	500	410	-165	-253
+ Cash From Debt	- -	- -	- -	700	440	181	792
+ Repayments of Debt	- -	- -	- -	-200	-30	-346	-1,045
+ Other Financing Activities	-15	-11	-28	-16	-24	-19	-39
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-22	-20	-228	-1,116	-294	-284	-396
Effect of Foreign Exchange Rates	-9	4	-14	-24	-5	-23	-3
Net Changes in Cash	200	123	371	-982	-2	6	- -
EBITDA	475	510	429	547	563	633	745
EBITDA Margin (%)	20.52	22.16	17.04	21.71	21.02	22.06	24.4
Free Cash Flow	386	487	421	372	467	524	600
Net Cash Paid for Acquisitions	48	3	47	66	14	-3	1
Free Cash Flow to Firm	387	488	422	386	495	570	630
Free Cash Flow to Equity	- -	487	421	872	877	359	347
Free Cash Flow per Basic Share	1.93	2.44	2.1	1.86	2.34	2.62	2.99
Price/Free Cash Flow	- -	- -	- -	- -	- -	19.13	26.68
Cash Flow to Net Income	1.57	2.11	1.88	1.27	1.8	1.61	1.85
Capital Expenditures	- -	- -	- -	- -	- -	- -	- -