UL Solutions Inc.
ULSNYSEIndustrials · Services-Testing Laboratories · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | |
|---|---|---|---|---|
| Revenue | $3.05B | $2.87B | $2.68B | $2.52B |
| Operating income | $522.0M | $462.0M | $368.0M | $412.0M |
| Net income | $325.0M | $326.0M | $260.0M | $293.0M |
| Total assets | $2.92B | $2.80B | $2.74B | — |
| Total liabilities | $1.63B | $1.87B | $2.06B | — |
| Equity | $1.26B | $904.0M | $654.0M | $1.08B |
| EPS (diluted) | $1.60 | $1.62 | $1.30 | $1.47 |
| Shares out. | 201.0M | 200.2M | 200.0M | 200.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 17.1%
- Net margin
- 10.6%
- Return on equity
- 25.8%
- Return on assets
- 11.1%
- Return on capital (ROCE)
- 24.2%
- Liabilities / assets
- 55.7%
- Debt / equity
- 1.29×
- Book value / share
- $6.28
- Revenue growth (YoY)
- 6.4%
- Net income growth (YoY)
- −0.3%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 3.08safe
- Accruals / assets
- −9.4%clean
- Beneish M-Score
- -2.80normal
- Piotroski F-Score
- 7/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 6 good- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Uggetti AlbertoOfficer — EVP & CCO | May 28, 2026 | Sell | 2,345 | $99.89 |
| Thaman Michael HDirector | May 20, 2026 | Option exercise | 2,805 | — |
| Kini VikramDirector | May 20, 2026 | Option exercise | 2,805 | — |
| Hecker FriedrichDirector | May 20, 2026 | Option exercise | 2,805 | — |
| Dollive James PDirector | May 20, 2026 | Option exercise | 2,805 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 2.4M | 3.1 | -2.9% |
| Apr 30, 2026 | 2.5M | 4.5 | -14.0% |
| Apr 15, 2026 | 2.9M | 4.1 | -33.2% |
| Mar 31, 2026 | 4.4M | 4.0 | +36.3% |
| Mar 13, 2026 | 3.2M | 5.3 | -39.7% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Shareholder voteMay 22, 2026
- Results of operations · Regulation FD disclosureMay 5, 2026
- Regulation FD disclosure · Other material eventApr 13, 2026
- Results of operationsFeb 19, 2026
- Other material eventDec 5, 2025
- Results of operations · Costs from exit or disposalNov 4, 2025
- Entered a material agreement · Terminated a material agreement · New financial obligation · Modified shareholder rightsOct 28, 2025
- Director / officer change · Regulation FD disclosureAug 14, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.