UL Solutions Inc.
Company Stats
- Market Cap
- $13.2B
- as of Sep 30, 2026
- Enterprise Value
- $13.4B
- Shares Outstanding
- 201.9M
- Free Float
- 37.9%
Income Statement
- Revenue
- $3.1B
- Operating Income
- $522.0M
- Net Income
- $325.0M
- EBITDA
- $710.0M
- Revenue Growth, 3Y
- 6.6%
- FCF Margin, 3Y Avg
- 10.9%
- FCF Margin, Worst Year
- 9.4%
Cash Flow
- Free Cash Flow
- $403.0M
- FCF Yield
- 3.0%
- Owner FCF Yield
- 2.7%
Balance Sheet
- Cash & Equivalents
- $295.0M
- Total Debt
- $494.0M
- Net Debt
- $199.0M
- Net Debt / EBITDA
- 0.28x
- EV / EBITDA
- 18.94x
- Net Debt / EBIT
- 0.38x
Returns & Capital
- Dividends Paid
- $104.0M
- Dividend Yield
- 0.8%
- Dividend Payout, 3Y Avg
- 108.1%
- SBC, 3Y Avg
- $23.3M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $3.1B | $403.0M | 13.2% |
| FY2024 | $2.9B | $287.0M | 10.0% |
| FY2023 | $2.7B | $252.0M | 9.4% |
| FY2022 | $2.5B | $208.0M | 8.3% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 6, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
UL Solutions to Buy Eurofins E&E Unit in $670 Million Deal
Stronger demand supports expansion as pricing diverges