UL Solutions ULS Ratios & Valuation
| FY'25 | FY'24 | FY'23 | ||
|---|---|---|---|---|
| Profitability | ||||
| Gross margin | 49.4%+0.9pp | 48.5%+0.6pp | 47.9%0.0pp | |
| Operating margin | 17.1%+1.0pp | 16.1%+2.4pp | 13.7%-2.6pp | |
| Net margin | 10.6%-0.7pp | 11.4%+1.7pp | 9.7%-1.9pp | |
| Returns | ||||
| Return on equity | 30%-11.8pp | 41.8%+11.8pp | 30%— | |
| Return on invested capital | 24%-2.1pp | 26.1%— | —— | |
| Efficiency | ||||
| Asset turnover | 1.1×0.0× | 1×— | —— | |
| Liquidity | ||||
| Current ratio | 1.3×+0.1× | 1.2×-0.1× | 1.3×— | |
| Leverage | ||||
| Debt-to-equity | 0.5×-0.5× | 1×-0.6× | 1.6×— | |
| Net debt / EBITDA | 0.5×-0.5× | 1×-0.4× | 1.4×— | |
| Per Share | ||||
| Book value per share | $6.22+38.2% | $4.50+37.5% | $3.27-39.3% | |
| Valuation | ||||
| Market capitalization | $15.85B+58.8% | $9.98B— | —— | |
| Price / earnings | 48.8×+18.2× | 30.6×— | —— | |
| Price / sales | 5.2×+1.7× | 3.5×— | —— | |
| Price / book | 12.6×+1.5× | 11×— | —— | |
| EV / EBITDA | 22.9×+6.1× | 16.7×— | —— | |
| Dividend yield | 0.7%-0.3pp | 1%— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are UL Solutions's profit margins?
- UL Solutions (ULS) runs a 49.9% gross margin and a 17.7% operating margin, with a 11.3% net margin.
- Where do UL Solutions's ratios come from?
- Every ratio is computed from UL Solutions's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
