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UL Solutions Inc
Previous close
$54.38
Day range
$53.53 - $54.64
Year range
$33.15 - $59.23
Market cap
10.66B USD
Avg Volume
652.06K
P/E ratio
35.57
Dividend yield
0.93%
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 731.00M | 8.14% |
Operating expense | 230.00M | 10.58% |
Net income | 88.00M | 66.04% |
Net profit margin | 12.04 | 53.57% |
Earnings per share | 0.49 | — |
EBITDA | 171.00M | 6.21% |
Effective tax rate | 18.97% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 327.00M | -28.45% |
Total assets | 2.88B | 2.53% |
Total liabilities | 1.98B | 23.12% |
Total equity | 896.00M | — |
Shares outstanding | 200.12M | — |
Price to book | 12.47 | — |
Return on assets | 11.39% | — |
Return on capital | 17.74% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 88.00M | 66.04% |
Cash from operations | 150.00M | 23.97% |
Cash from investing | -82.00M | -148.48% |
Cash from financing | -43.00M | -19.44% |
Net change in cash | 32.00M | -27.27% |
Free cash flow | 42.25M | -24.72% |
About
The UL enterprise is a global private safety company headquartered in Northbrook, Illinois, composed of three organizations, UL Research Institutes, UL Standards & Engagement and UL Solutions.
Established in 1894, the UL enterprise was founded as the Underwriters' Electrical Bureau, and was known throughout the 20th century as Underwriters Laboratories. On January 1, 2012, Underwriters Laboratories became the parent company of a for-profit company in the U.S. named UL LLC, a limited liability company, which took over the product testing and certification business. On June 26, 2022, the companies rebranded into three distinct organizations that make up the UL enterprise.
The company is one of several companies approved to perform safety testing by the U.S. federal agency Occupational Safety and Health Administration. OSHA maintains a list of approved testing laboratories, which are known as Nationally Recognized Testing Laboratories. According to Lifehacker, UL Solutions is the best-known product safety and certification organization globally. Wikipedia
Founded
1894
Headquarters
Website
Employees
15,063