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UL Solutions ULS Shares (Diluted)

Shares (Diluted) at other companies

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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$15.96B+21.4%
Enterprise value$16.24B+18.7%
P/E45.6×+5.4×
P/S5.1×+0.7×

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:WeightedAverageNumberOfDilutedSharesOutstanding.

The source filing: UL Solutions’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001901440-26-000012
(in millions, except per share data)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Less: net income attributable to non-controlling interests54
Net income attributable to stockholders of UL Solutions$92$67
Earnings per common share:
Basic$0.46$0.34
Diluted$0.45$0.33
Weighted average common shares outstanding:
Basic201200
Diluted204203

ITEM 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is UL Solutions's shares (diluted)?
UL Solutions (ULS) reported shares (diluted) of 204M in Q1 2026.
How has UL Solutions's shares (diluted) changed year-over-year?
UL Solutions's shares (diluted) increased by 0.5% year-over-year, from 203M to 204M.
What is the long-term trend for UL Solutions's shares (diluted)?
Over 2 years (2023 to 2025), UL Solutions's shares (diluted) has grown at a 0.7% compound annual growth rate (CAGR), from 800M to 812M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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