When did UL Solutions report Q4 2024 earnings?

UL Solutions (ULS) reported Q4 2024 earnings on February 20, 2025 before market open.

What were UL Solutions's Q4 2024 revenue and EPS?

UL Solutions reported revenue of $739.0M and diluted EPS of $0.49 for Q4 2024.

Did UL Solutions beat estimates in Q4 2024?

Revenue beat the consensus estimate of $704.2M by $34.8M. EPS beat the consensus estimate of $0.38 by $0.11.

Where can I find UL Solutions's Q4 2024 SEC filings?

You can read the 10-K periodic report (0001901440-25-000012) directly on SEC EDGAR. The filing index links above go to sec.gov.

UL Solutions ULS Q4 2024 Annual earnings

Reported February 20, 2025 · Before market open

Revenue$739.0MBeat by $34.8M Diluted EPS$0.49Beat by $0.11

Revenue estimate$704.2M

EPS estimate$0.38

Next report

Aug 4, 2026 (In 3 weeks)

Revenue estimate$816.1M

EPS estimate$0.56

Financials

Q4 2024

Income statement

See full

Revenue$739.0M+8.0%

Gross profit$349.0M+8.7%

Operating income$115.0M+33.7%

Net income$81.0M+39.7%

EPS (diluted)$0.40+37.9%

Balance sheet

See full

Cash & equivalents$298.0M-5.4%

Total debt$935.0M-12.0%

Total equity$904.0M+38.2%

Total assets$2.8B+2.3%

Cash flow

See full

Operating cash flow$130.0M+3.2%

CapEx$58.0M-1.7%

Free cash flow$72.0M+7.5%

Valuation & ratios

Valuation

as of 12/31/24

See full

Market cap$9.98B—

Enterprise value$10.62B—

P/E30.6×—

P/S3.5×—

Profitability

See full

Gross margin48.5%+0.6pp

Operating margin16.1%+2.4pp

Net margin11.4%+1.7pp

FCF margin10%+0.6pp

Returns & leverage

See full

Return on equity41.8%+11.8pp

Debt / equity1×-0.6×

Current ratio1.2×-0.1×

Segments

By product

See full

Ongoing Certification Services$248.0M+12.2%

Non-certification Testing and Other Services$221.0M+6.8%

Certification Testing$199.0M+6.4%

Software$71.0M+2.9%

By geography

See full

Asia Pacific$109.0M-8.4%

Europe, Middle East and Africa$109.0M+7.9%

Other Americas$26.0M-18.8%

By segment

See full

Industrial$328.0M+11.6%

Consumer$309.0M+5.5%

Versus estimates

Revenue

Q1 2026$758.0MBeat by $9.5M Q4 2025$789.0MBeat by $6.6M Q3 2025$783.0MBeat by $12.1M Q2 2025$776.0MBeat by $7.2M Q1 2025$705.0MBeat by $754.3K

Q4 2024$739.0MBeat by $34.8M

Diluted EPS

Q1 2026$0.50Beat by $0.08 Q4 2025$0.53Beat by $0.08 Q3 2025$0.56Beat by $0.09 Q2 2025$0.52Beat by $0.05 Q1 2025$0.37Beat by $0.05

Q4 2024$0.49Beat by $0.11

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Questions, answered.

When did UL Solutions report Q4 2024 earnings?: UL Solutions (ULS) reported Q4 2024 earnings on February 20, 2025 before market open.
What were UL Solutions's Q4 2024 revenue and EPS?: UL Solutions reported revenue of $739.0M and diluted EPS of $0.49 for Q4 2024.
Did UL Solutions beat estimates in Q4 2024?: Revenue beat the consensus estimate of $704.2M by $34.8M. EPS beat the consensus estimate of $0.38 by $0.11.
Where can I find UL Solutions's Q4 2024 SEC filings?: You can read the 10-K periodic report (0001901440-25-000012) directly on SEC EDGAR. The filing index links above go to sec.gov.