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UL Solutions ULS Quick ratio

Quick ratio at other companies

Fortive logo
FortiveFTV
0.6×-0.2×
Advanced Energy Industries logo
Advanced Energy IndustriesAEIS
1.1×-2.1×
IES
IES Holdings, Inc.IESC
1.4×-0.1×
TE Connectivity logo
TE ConnectivityTEL
1.2×+0.1×
Applied Industrial Technologies logo
Applied Industrial TechnologiesAIT
-0.5×
RBC Bearings logo
RBC BearingsRBC
0.6×-0.3×

Other financials

Income statement

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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

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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

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Operating cash flow$219.0M+42.2%
CapEx$69.0M+35.3%
Free cash flow$150.0M+45.6%

Valuation

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Market cap$18.41B+52.6%
Enterprise value$18.69B+47.6%
P/E52.6×+16.8×
P/S5.9×+1.8×

Profitability

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Gross margin49.9%+1.3pp
Operating margin17.7%+1.2pp
Net margin11.3%-0.3pp
FCF margin14.5%+4.0pp

Returns & leverage

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Return on equity30.6%-10.5pp
Debt / equity0.4×-0.5×
Current ratio1.2×-0.1×

Where this comes from

Calculated from UL Solutions’s reported figures.

Based on the most recent quarter.

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

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Questions, answered.

What is UL Solutions's quick ratio?
UL Solutions (ULS) reported quick ratio of 1.2× in Q1 2026.
How has UL Solutions's quick ratio changed year-over-year?
UL Solutions's quick ratio decreased by 6.2% year-over-year, from 1.2× to 1.2×.
What is the long-term trend for UL Solutions's quick ratio?
Over 2 years (2023 to 2025), UL Solutions's quick ratio has grown at a -1.1% compound annual growth rate (CAGR), from 1.3× to 1.3×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.