What is UL Solutions's return on assets?

UL Solutions (ULS) reported return on assets of 12% in Q1 2026.

How has UL Solutions's return on assets changed year-over-year?

UL Solutions's return on assets increased by 1.4% year-over-year, from 11.8% to 12%.

What does return on assets mean?

Trailing-twelve-month net income divided by average total assets. Measures how efficiently the asset base generates profit, independent of how those assets are financed. Computed as net income over average total assets — note this is OpenCapital's standard definition and may differ from data vendors that use alternative numerators.

UL Solutions ULS Return on assets

Name: UL Solutions Return on assets — Quarterly & Annual Data
Creator: OpenCapital
License: https://www.opencapital.sh/terms

Return on assets at other companies

FortiveFTV

3.8%-0.8pp

IES

IES Holdings, Inc.IESC

22.5%+2.3pp

TE ConnectivityTEL

11.8%+5.8pp

Applied Industrial TechnologiesAIT

13.2%+0.2pp

Sterling Infrastructure, Inc.STRL

14.4%+0.6pp

Tetra TechTTEK

10.3%+5.8pp

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$18.41B+52.6%

Enterprise value$18.69B+47.6%

P/E52.6×+16.8×

P/S5.9×+1.8×

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

Calculated from UL Solutions’s reported figures.

net income/total assets=12%

Based on trailing twelve months.

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 return on assets.

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

Connect your AI

Claude

Questions, answered.

What is UL Solutions's return on assets?: UL Solutions (ULS) reported return on assets of 12% in Q1 2026.
How has UL Solutions's return on assets changed year-over-year?: UL Solutions's return on assets increased by 1.4% year-over-year, from 11.8% to 12%.
What does return on assets mean?: Trailing-twelve-month net income divided by average total assets. Measures how efficiently the asset base generates profit, independent of how those assets are financed. Computed as net income over average total assets — note this is OpenCapital's standard definition and may differ from data vendors that use alternative numerators.