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UL Solutions ULS Asia Pacific — Total

Other geography segments

Europe, Middle East and Africa
$111M+1.8%
Other Americas
$25M-3.8%

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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$20.53B+35.1%
Enterprise value$20.81B+32.2%
P/E58.7×+12.2×
P/S6.6×+1.5×

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

Reported directly by UL Solutions in its filing.

Tagged under the XBRL concept us-gaap:NoncurrentAssets.

The official record: UL Solutions’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is UL Solutions's asia pacific — total?
UL Solutions (ULS) reported asia pacific — total of $132M in Q4 2025.
What does asia pacific — total mean?
This metric represents the total revenue generated by the company's operations within the Asia Pacific geographic region. It aggregates income from testing, inspection, certification, and advisory services provided to clients located in this specific market. Tracking this figure allows stakeholders to assess the company's regional market penetration and the growth trajectory of its service offerings in key Asian economies.