What is UL Solutions's goodwill?

UL Solutions (ULS) reported goodwill of $643M in Q1 2026.

How has UL Solutions's goodwill changed year-over-year?

UL Solutions's goodwill increased by 0.3% year-over-year, from $641M to $643M.

What is the long-term trend for UL Solutions's goodwill?

Over 3 years (2022 to 2025), UL Solutions's goodwill has grown at a 0.5% compound annual growth rate (CAGR), from $647M to $656M.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

UL Solutions ULS Goodwill

Goodwill at other companies

FortiveFTV

$7.29B-28.9%

TIC Solutions TIC

$1.65B+94.1%

Applied Industrial TechnologiesAIT

$705M+1.6%

Tetra TechTTEK

$2.21B+15.5%

TE ConnectivityTEL

$7.44B+26.1%

ESO

Energy Services of AmericaESOA

$9.87M+32.8%

Segments

By segment

See full

Industrial$374M+8.7%

Consumer$232M+1.8%

Risk & Compliance Software$37M—

Other financials

Income statement

See full

Revenue$758.0M+7.5%

Gross profit$381.0M+12.1%

Operating income$138.0M+26.6%

Net income$92.0M+37.3%

EPS (diluted)$0.45+36.4%

Balance sheet

See full

Cash & equivalents$258.0M-3.4%

Total debt$539.0M-36.1%

Total equity$1.3B+36.0%

Total assets$3.0B+2.7%

Cash flow

See full

Operating cash flow$219.0M+42.2%

CapEx$69.0M+35.3%

Free cash flow$150.0M+45.6%

Valuation

See full

Market cap$20.53B+35.1%

Enterprise value$20.81B+32.2%

P/E58.7×+12.2×

P/S6.6×+1.5×

Profitability

See full

Gross margin49.9%+1.3pp

Operating margin17.7%+1.2pp

Net margin11.3%-0.3pp

FCF margin14.5%+4.0pp

Returns & leverage

See full

Return on equity30.6%-10.5pp

Debt / equity0.4×-0.5×

Current ratio1.2×-0.1×

Where this comes from

Reported directly by UL Solutions in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: UL Solutions’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about UL Solutions's goodwill.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is UL Solutions's goodwill?: UL Solutions (ULS) reported goodwill of $643M in Q1 2026.
How has UL Solutions's goodwill changed year-over-year?: UL Solutions's goodwill increased by 0.3% year-over-year, from $641M to $643M.
What is the long-term trend for UL Solutions's goodwill?: Over 3 years (2022 to 2025), UL Solutions's goodwill has grown at a 0.5% compound annual growth rate (CAGR), from $647M to $656M.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.