UL Solutions Inc

Common Name

UL Solutions

Country

United States

Sector

Industrials

Industry

Specialty Business Services

Employees

14,813

Ticker

ULS

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.ul.com

Description

UL Solutions Inc. is a leading global safety science company, providing a diverse range of services aimed at ensuring product safety and compliance. Its primary function is to deliver testing, inspect... Show more

Financial Statements of UL Solutions

Below are the financial statements of UL Solutions, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in billions of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	0.3^a	0.32^a
Accounts receivable, net of allowance of $9 and $9	0.38^a	0.36^a
Contract assets, net of allowance of $1 and $1	0.18^a	0.18^a
Other current assets	0.06^a	0.1^a
Total current assets	0.92^a	0.95^a
Assets	—	—
Property, plant and equipment, net of accumulated depreciation of $772 and $737	0.63^a	0.56^a
Goodwill	0.63^a	0.62^a
Intangible assets, net of accumulated amortization of $239 and $232	0.06^a	0.07^a
Operating lease right-of-use assets	0.19^a	0.15^a
Deferred income taxes	0.11^a	0.11^a
Capitalized software, net of accumulated amortization of $427 and $382	0.13^a	0.14^a
Other assets	0.14^a	0.13^a
Total assets	2.8^a	2.74^a
Current liabilities	—	—
Current portion of long-term debt	0.05^a	0^a
Accounts payable	0.18^a	0.17^a
Accrued compensation and benefits	0.25^a	0.28^a
Operating lease liabilities - current	0.04^a	0.04^a
Contract liabilities	0.16^a	0.16^a
Other current liabilities	0.05^a	0.06^a
Total current liabilities	0.74^a	0.71^a
Liabilities and stockholders’ equity	—	—
Long-term debt	0.69^a	0.9^a
Pension and postretirement benefit plans	0.2^a	0.23^a
Operating lease liabilities	0.16^a	0.12^a
Other liabilities	0.09^a	0.09^a
Total liabilities	1.87^a	2.06^a
Stockholders’ equity	—	—
Class A common stock, $0.001 per share, 62 million and 200 million shares issued and outstanding at December 31, 2024 and 2023, respectively	0^a	0^a
Class B common stock, $0.001 per share, 138 million and 0 shares issued and outstanding at December 31, 2024 and 2023, respectively	0^a	0^a
Additional paid-in capital	0.82^a	0.78^a
Retained earnings	0.25^a	0.02^a
Accumulated other comprehensive loss	-0.17^a	-0.15^a
Total stockholders’ equity before non-controlling interests	0.9^a	0.65^a
Non-controlling interests	0.03^a	0.02^a
Total stockholders’ equity	0.93^a	0.68^a
Total liabilities and stockholders’ equity	2.8^a	2.74^a

Verified Sources Behind UL Solutions’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore UL Solutions’s data sources below and access millions more through our Disclosure Search.

a. UL Solutions's 10-K 2024

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UL Solutions Inc

Financial Statements of UL Solutions

Verified Sources Behind UL Solutions’s Financial Fundamentals Data

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