UL Solutions ULS Business Segments
| FY'25 | FY'24 | FY'23 | ||
|---|---|---|---|---|
| Total by Business | ||||
| Consumer | $37M+8.8% | $34M-34.6% | $52M-5.5% | |
| Industrial | $50M-47.9% | $96M+71.4% | $56M+195% | |
| Revenue by Business | ||||
| Consumer | $1.32B+6.5% | $1.24B+5.6% | $1.17B+3.9% | |
| Industrial | $1.37B+9.5% | $1.25B+9.4% | $1.15B+9.8% | |
| Operating Income (Loss) by Business | ||||
| Consumer | $118M+3.5% | $114M+153% | $45M-55.4% | |
| Industrial | $386M+14.2% | $338M+10.1% | $307M+7.3% | |
| Restructuring by Business | ||||
| Software and Advisory | $2M— | $0-100% | $1M— | |
| Services and materials by Business | ||||
| Consumer | $346M+4.5% | $331M+2.8% | $322M+2.5% | |
| Industrial | $293M+6.9% | $274M+12.3% | $244M+9.4% | |
| Employee compensation by Business | ||||
| Consumer | $749M+4.8% | $715M+3.5% | $691M+6.8% | |
| Industrial | $629M+5.7% | $595M+7.2% | $555M+10.3% | |
| D&A by Business | ||||
| Consumer | $81M+2.5% | $79M+5.3% | $75M+13.6% | |
| Industrial | $58M+23.4% | $47M+23.7% | $38M+18.8% | |
| Goodwill by Business | ||||
| Consumer | $930M+2.1% | $911M— | —— | |
| Industrial | $1.42B+5.8% | $1.34B— | —— | |
| Goodwill impairment by Business | ||||
| Consumer | $0— | $0— | —— | |
| Industrial | $0— | $0— | $0— | |
| Software and Advisory | $0— | $0— | $0— | |
| Revenue by Product | ||||
| Certification Testing | $851M+8.5% | $784M+9.2% | $718M+9.3% | |
| Non-certification Testing and Other Services | $911M+5.9% | $860M+5.9% | $812M+5.6% | |
| Ongoing Certification Services | $1.01B+5.6% | $953M+9.0% | $874M+5.6% | |
| Software | $285M+4.4% | $273M-0.4% | $274M+3.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does UL Solutions break its business down?
- UL Solutions (ULS) reports total by business across 3 parts — Consumer, Industrial and Risk & Compliance Software. Each is extracted from the segment footnotes and tracked over time.
- Where does UL Solutions's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in UL Solutions's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
