UL Solutions Inc. financial data

Symbol
ULS on NYSE
Industry
Services-Testing Laboratories
Location
333 Pfingsten Road, Northbrook, IL
State of incorporation
DE
Fiscal year end
December 31
Former names
UL Inc. (to 5/18/2022)
Latest financial report
10-Q - Q2 2024 - Jul 31, 2024

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 200M shares
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 200M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 201M shares +0.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 730M USD +5.95%
Cost of Revenue 364M USD +3.41%
Operating Income (Loss) 126M USD +7.69%
Nonoperating Income (Expense) 21M USD +90.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 134M USD +11.7%
Income Tax Expense (Benefit) 28M USD +33.3%
Net Income (Loss) Attributable to Parent 101M USD +7.45%
Earnings Per Share, Basic 0.51 USD/shares +8.51%
Earnings Per Share, Diluted 0.5 USD/shares +6.38%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 295M USD
Accounts Receivable, after Allowance for Credit Loss, Current 381M USD
Other Assets, Current 75M USD
Assets, Current 957M USD
Deferred Income Tax Assets, Net 118M USD
Operating Lease, Right-of-Use Asset 145M USD
Goodwill 628M USD
Other Assets, Noncurrent 142M USD
Assets 2.74B USD
Accounts Payable, Current 134M USD
Employee-related Liabilities, Current 171M USD
Contract with Customer, Liability, Current 317M USD
Liabilities, Current 740M USD
Operating Lease, Liability, Noncurrent 117M USD
Other Liabilities, Noncurrent 91M USD
Liabilities 1.96B USD
Accumulated Other Comprehensive Income (Loss), Net of Tax -170M USD
Retained Earnings (Accumulated Deficit) 131M USD
Stockholders' Equity Attributable to Parent 769M USD
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 786M USD -33.1%
Liabilities and Equity 2.74B USD

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 141M USD -12.4%
Net Cash Provided by (Used in) Financing Activities -49M USD -590%
Net Cash Provided by (Used in) Investing Activities -57M USD +24%
Common Stock, Shares, Issued 200M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 29M USD -69.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 295M USD -28.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 10M USD +25%
Payments to Acquire Property, Plant, and Equipment 57M USD -9.52%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 91M USD +8.33%
Operating Lease, Liability, Current 36M USD
Deferred Income Tax Expense (Benefit) -3M USD -127%
Preferred Stock, Shares Authorized 10M shares
Additional Paid in Capital 808M USD
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 3M USD -25%
Depreciation, Depletion and Amortization 41M USD +13.9%
Share-based Payment Arrangement, Expense 16M USD +1500%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares