Ul Solutions (ULS) | Financial Analysis & Statements

Ul Solutions Inc. | Large-cap | Industrials

$70.68

-0.27%

Ul Solutions vs Cintas Ul Solutions vs Copart Ul Solutions vs Rb Global Ul Solutions vs Global Payments Ul Solutions vs Rentokil Initial plc Ul Solutions vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 2.9B

Gross Profit 1.4B 48.54%

Operating Income 462.0M 16.10%

Net Income 345.0M 12.02%

EPS (Diluted) $1.62

Balance Sheet Metrics

Total Assets 2.8B

Total Liabilities 1.9B

Shareholders Equity 931.0M

Debt to Equity 2.01

Cash Flow Metrics

Operating Cash Flow 524.0M

Free Cash Flow 287.0M

Revenue & Profitability Trend

Ul Solutions Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	2.9B	2.7B	2.5B	2.5B	-
Cost of Goods Sold	1.5B	1.4B	1.3B	1.3B	-
Gross Profit	1.4B	1.3B	1.2B	1.2B	-
Operating Expenses	931.0M	875.0M	795.0M	892.0M	668.0M
Operating Income	462.0M	405.0M	412.0M	287.0M	363.0M
Pre-tax Income	415.0M	346.0M	383.0M	274.0M	-
Income Tax	70.0M	70.0M	74.0M	36.0M	-
Net Income	345.0M	276.0M	309.0M	238.0M	-
EPS (Diluted)	$1.62	$1.30	$1.47	$1.12	$1.16

Income Statement Trend

Ul Solutions Balance Sheet From 2021 to 2024

Metric	2024	2023	2022	2021
Assets
Current Assets	921.0M	953.0M	998.0M	2.0B
Non-Current Assets	1.9B	1.8B	1.7B	1.7B
Total Assets	2.8B	2.7B	2.7B	3.7B
Liabilities
Current Liabilities	740.0M	709.0M	694.0M	792.0M
Non-Current Liabilities	1.1B	1.3B	949.0M	538.0M
Total Liabilities	1.9B	2.1B	1.6B	1.3B
Equity
Total Shareholders Equity	931.0M	678.0M	1.1B	2.3B

Balance Sheet Composition

Ul Solutions Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	345.0M	276.0M	309.0M	238.0M	-
Operating Cash Flow	524.0M	462.0M	439.0M	321.0M	-
Investing Activities
Capital Expenditures	-	-	-	-	-
Investing Cash Flow	3.0M	40.0M	-74.0M	285.0M	-
Financing Activities
Dividends Paid	-100.0M	-680.0M	-1.6B	-200.0M	-
Financing Cash Flow	-284.0M	-294.0M	-1.1B	-228.0M	0
Free Cash Flow	287.0M	252.0M	208.0M	314.0M	-

Cash Flow Trend

Ul Solutions Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 43.37

Forward P/E 42.85

Price to Book 14.94

Price to Sales 5.00

PEG Ratio 42.85

Profitability Ratios

Profit Margin 11.60%

Operating Margin 15.32%

Return on Equity 42.71%

Return on Assets 10.40%

Financial Health

Current Ratio 1.24

Debt to Equity 85.67

Per Share Data

EPS (TTM) $1.67

Book Value per Share $4.85

Revenue per Share $14.53

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
uls	14.5B	43.37	14.94	42.71%	11.60%	85.67
Cintas	88.3B	50.73	19.22	40.30%	17.53%	58.62
Copart	46.1B	31.60	5.25	18.44%	32.21%	1.15
Rb Global	19.9B	52.98	3.77	7.39%	9.68%	76.45
Global Payments	18.7B	12.40	0.85	7.10%	15.48%	73.57
Rentokil Initial plc	11.9B	28.67	13.97	7.38%	5.65%	97.94

Financial data is updated regularly. All figures are in the company's reporting currency.