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UL Solutions ULS Consumer — D&A

Other segment segments

Industrial
$16M0.0%
Risk & Compliance Software
$10M

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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:DepreciationDepletionAndAmortization.

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 consumer — D&A?
UL Solutions (ULS) reported consumer — D&A of $21M in Q1 2026.
How has UL Solutions's consumer — D&A changed year-over-year?
UL Solutions's consumer — D&A increased by 10.5% year-over-year, from $19M to $21M.
What is the long-term trend for UL Solutions's consumer — D&A?
Over 3 years (2022 to 2025), UL Solutions's consumer — D&A has grown at a 7.1% compound annual growth rate (CAGR), from $66M to $81M.
What does consumer — D&A mean?
The systematic allocation of the cost of tangible assets and intangible assets over their useful lives within the Consumer segment. This reflects the wear and tear of testing equipment and the amortization of acquired intangible assets.