profit from every $100 of sales.
$0$100
UL Solutions
$80.36-1.46% today
-8.1% in 1 year
1-year low $64.031-year high $104.89
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $49.92 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What UL Solutions sold, what it kept, and what it did with the cash.
Sales went from $2.52 billion in 2022 to $3.05 billion in 2025, with $325 million of profit last year.
SalesProfit
UL Solutions handed back 26% of the cash it generated last year.
$104M
Free cash flow 2025$403M
Bought back its own shares–
Paid as dividends$104M
Cash vs. debt$295M vs. $683M
UL Solutions vs. similar companies
UL Solutions grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| UL Solutions | 49.9× · Expensive | ||
 Cintas | 44.9× · Expensive | ||
 RELX | 25.8× · Fair price | ||
 Thomson Reuters | 31.5× · Expensive | ||
 Copart | 19.0× · Fair price |
AI analysis
An AI analyst reads UL Solutions's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2,520 | 2,678 | 2,870 | 3,053 | |
| 1,207 | 1,284 | 1,392 | 1,510 | |
| 412 | 409 | 461 | 557 | |
| 535 | 535 | 642 | 699 | |
| 293 | 260 | 326 | 325 | |
| 1.47 | 1.30 | 1.62 | 1.60 | |
| 47.9% | 47.9% | 48.5% | 49.5% | |
| 16.3% | 15.3% | 16.1% | 18.2% | |
| 11.6% | 9.7% | 11.4% | 10.6% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 2,720 | 2,736 | 2,800 | 2,921 |
| Cash | 322 | 315 | 298 | 295 |
| Total debt | 660 | 1,063 | 935 | 683 |
| Total liabilities | 1,643 | 2,058 | 1,869 | 1,627 |
| 1,054 | 654 | 904 | 1,262 | |
| 200 | 200 | 201 | 203 | |
| 18.4% | 17.5% | 20.2% | 20.8% | |
| 27.8% | 39.8% | 36.1% | 25.8% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 372 | 467 | 524 | 600 | |
| 164 | 215 | 237 | 197 | |
| 208 | 252 | 287 | 403 | |
| Dividends paid | 1,600 | 680 | 100 | 104 |
| – | – | – | – | |
| 0 | 0 | 23 | 47 |
Valuation
- 49.9×
- 36.8×
- 16.74
- 14.9×
- 5.3×
- 40.3×
- 23.8×
- 2.5%
- 2.0%
- 0.5%
Profitability
- 49.5%
- 18.2%
- 10.6%
- 24.9%
- 19.6%
- 14.9%
- 28.4%
- 11.8%
- 26.8%
- –
Growth
- +6.6%
- +3.0%
- +40.4%
- –
- +0.1%
Financial health
- 0.4×
- 0.40
- 18.2%
- 14.9×
- 1.16
- 1.16
- 1.05
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 8%of 984
Top 16%of 987
Bottom 13%of 875
Top 50%of 988
Bottom 37%of 987
What analysts expect
- Average price target
- $89.40
- Range
- $79.00 – $96.00
- 4 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 5, 2026 | 0.50 | 0.42 | +19.0% |
| Feb 19, 2026 | 0.53 | 0.45 | +19.0% |
| Nov 4, 2025 | 0.56 | 0.47 | +18.6% |
| Aug 5, 2025 | 0.52 | 0.47 | +10.6% |
| May 6, 2025 | 0.37 | 0.32 | +17.4% |
| Feb 20, 2025 | 0.49 | 0.38 | +28.9% |
| Nov 5, 2024 | 0.44 | 0.39 | +12.8% |
| Jul 31, 2024 | 0.50 | 0.39 | +28.2% |
0.5%of the share price, paid each year
On $1,000 invested$5a year at today's yield, before tax
–per share
Raised1 yearin a row, in our data
Paid per share, each year
$0.38 in 2024 → $0.52 in 2025
How safe it looks
32.0% of its profit
Room to growStretchedMore than it earns: 25.8%
News
Figure Technology Solutions Q3 revenue jumps 83%Seeking Alpha · Nov 12, 2026Broadridge Financial Solutions declares $1.09 dividendSeeking Alpha · Nov 10, 2026Advantage Solutions Inc. Q3 2026 Earnings Call SummaryYahoo Finance · Nov 4, 2026Why Bright Horizons Family Solutions Stock Swooned on FridayYahoo Finance · Oct 30, 2026Slower Core Growth Challenges Hillman Solutions’ (HLMN) Risk-Reward ProfileYahoo Finance · Oct 30, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
56No pass
Benjamin Graham
37No pass
Philip Fisher
46No pass
Peter Lynch
26No pass
Joel Greenblatt
20No pass
Charlie Munger
59No pass
Terry Smith
57No pass
Questions about UL Solutions
Is UL Solutions a good stock to buy?
A solid business, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the UL Solutions AI analysis
What does UL Solutions do?
UL Solutions Inc. provides safety science services worldwide. It operates through three segments: Industrial, Consumer, and Software and Advisory. It is in Specialty Business Services, based in Northbrook, IL, United States, with 14,587 employees.
Does UL Solutions pay a dividend?
Yes. At today's price the dividend is 0.5% a year, about 32% of its yearly profit. In 2025 it paid out $104 million in dividends.
Is UL Solutions stock halal?
Yes. UL Solutions passes our halal screen: its business is permitted and its debt is 4% of its market value, under the 30% limit. How we check
How has UL Solutions stock done over the past year?
Down 8.1% over the past twelve months, to $80.36. It traded between $64.03 and $104.89 and is 23.4% below its high.
Who are UL Solutions's competitors?
The largest listed companies in the same industry are Cintas, RELX, Thomson Reuters and Copart. The peers table on this page compares their profit, growth and price with UL Solutions's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.