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UL Solutions Inc. (ULS)

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44.21 +0.09 (+0.20%)
At close: July 19 at 4:00 PM EDT
44.21 0.00 (0.00%)
After hours: July 19 at 4:03 PM EDT
Loading Chart for ULS
DELL
  • Previous Close 44.12
  • Open 43.99
  • Bid 44.00 x 900
  • Ask 50.00 x 2200
  • Day's Range 43.70 - 44.62
  • 52 Week Range 33.15 - 45.71
  • Volume 212,412
  • Avg. Volume 607,190
  • Market Cap (intraday) 8.824B
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) 33.75
  • EPS (TTM) 1.31
  • Earnings Date --
  • Forward Dividend & Yield 0.50 (1.13%)
  • Ex-Dividend Date Jun 3, 2024
  • 1y Target Est 42.59

UL Solutions Inc. provides safety science services worldwide. It operates through three segments: Industrial, Consumer, and Software and Advisory. The Industrial segment provides testing, inspection, and certification services across various end markets, including energy, industrial automation, engineered materials, and built environment, as well as stakeholders, such as manufacturers, building owners, end users, and regulators. The Consumer segment offers safety certification testing, ongoing certification, global market access, testing for connectivity, performance and quality, and critical systems advisory and training services, as well as product market acceptance and risk mitigation services for customers in the consumer products end markets comprising consumer electronics, medical devices, information technologies, appliances, HVAC, lighting, and retail, as well as consumer applications, such as new mobility, smart products, and 5G. The Software and Advisory segment provide software and technical advisory services that enable customers to manage regulatory requirements, deliver supply chain transparency, and operationalize sustainability for regulated industries, including life sciences, supply chain regulations, transparency needs, and new ESG and sustainability requirements. It offers ULTRUS software brand to help customers improve speed to market, sustainability and safety. UL Solutions Inc. was formerly known as UL Inc. and changed its name to UL Solutions Inc. in June 2022. The company was founded in 1894 and is headquartered in Northbrook, Illinois with additional offices in North America, Asia Pacific, Africa, Europe, Latin America, and Middle East. UL Solutions Inc. operates as a subsidiary of ULSE Inc.

www.ul.com

14,892

Full Time Employees

December 31

Fiscal Year Ends

Recent News: ULS

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Performance Overview: ULS

Trailing total returns as of 7/19/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

ULS
29.16%
S&P 500
7.45%

1-Year Return

ULS
29.16%
S&P 500
7.45%

3-Year Return

ULS
29.16%
S&P 500
7.45%

5-Year Return

ULS
29.16%
S&P 500
7.45%

Compare To: ULS

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Statistics: ULS

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Valuation Measures

Annual
As of 7/19/2024
  • Market Cap

    8.84B

  • Enterprise Value

    9.52B

  • Trailing P/E

    33.88

  • Forward P/E

    32.26

  • PEG Ratio (5yr expected)

    3.25

  • Price/Sales (ttm)

    3.25

  • Price/Book (mrq)

    13.18

  • Enterprise Value/Revenue

    3.50

  • Enterprise Value/EBITDA

    17.37

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    9.60%

  • Return on Assets (ttm)

    9.01%

  • Return on Equity (ttm)

    30.80%

  • Revenue (ttm)

    2.72B

  • Net Income Avi to Common (ttm)

    261M

  • Diluted EPS (ttm)

    1.31

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    344M

  • Total Debt/Equity (mrq)

    149.34%

  • Levered Free Cash Flow (ttm)

    199.88M

Research Analysis: ULS

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Earnings Per Share

Consensus EPS
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

40.00 Low
42.59 Average
44.21 Current
46.00 High
 

Company Insights: ULS

Research Reports: ULS

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  • UL Solutions: Contemplating Competition and Capital Allocation

    UL Solutions is a global leader specializing in a broad range of product testing, inspection, and certification, or TIC, services. UL Solutions is the for-profit branch out of three organizations under the UL Enterprise. TIC operations make up nearly all of UL Solutions’ total revenue and are composed of two segments: industrial and consumer. UL Solutions’ remaining business includes software and advisory, or S&A, which complements its core TIC offerings. The firm operates globally.

    Rating
    Price Target
     
  • UL Solutions: Initiating Coverage of the North American Product Testing and Certification Leader

    UL Solutions is a global leader specializing in a broad range of product testing, inspection, and certification, or TIC, services. UL Solutions is the for-profit branch out of three organizations under the UL Enterprise. TIC operations make up nearly all of UL Solutions’ total revenue and are composed of two segments: industrial and consumer. UL Solutions’ remaining business includes software and advisory, or S&A, which complements its core TIC offerings. The firm operates globally.

    Rating
    Price Target
     
  • Morningstar | A Weekly Summary of Stock Ideas and Developments in the Companies We Cover

    In this edition, divining European insurance dividends; demand for gaming can't be denied; initiating coverage of UL Solutions; and Port of Tauranga, Prudential Financial, and Nokia.

     
  • UL Solutions: Initiating Coverage of the North American Product Testing and Certification Leader

    UL Solutions is a global leader specializing in a broad range of product testing, inspection, and certification, or TIC, services. UL Solutions is the for-profit branch out of three organizations under the UL Enterprise. TIC operations make up nearly all of UL Solutions’ total revenue and are composed of two segments: industrial and consumer. UL Solutions’ remaining business includes software and advisory, or S&A, which complements its core TIC offerings. The firm operates globally.

    Rating
    Price Target
     

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