ULS
Income statement / Annual
Last year (2024), UL Solutions Inc.'s total revenue was $2.87 B,
an increase of 7.17% from the previous year.
In 2024, UL Solutions Inc.'s net income was $326.00 M.
See UL Solutions Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$2.87 B |
$2.68 B |
$2.52 B |
$2.52 B |
$2.30 B |
$2.32 B |
| Cost of Revenue |
$1.48 B
|
$1.40 B
|
$1.31 B
|
$1.34 B
|
$1.27 B
|
$1.28 B
|
| Gross Profit |
$1.39 B
|
$1.28 B
|
$1.21 B
|
$1.18 B
|
$1.03 B
|
$1.04 B
|
| Gross Profit Ratio |
0.49
|
0.48
|
0.48
|
0.47
|
0.45
|
0.45
|
| Research and Development Expenses |
$0.00
|
$51.00 M
|
$43.00 M
|
$45.00 M
|
$0.00
|
$52.00 M
|
| General & Administrative Expenses |
$0.00
|
$8.00 M
|
$13.00 M
|
$19.00 M
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$875.00 M
|
$795.00 M
|
$892.00 M
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$931.00 M
|
$883.00 M
|
$795.00 M
|
$892.00 M
|
$668.00 M
|
$723.00 M
|
| Other Expenses |
$0.00
|
-$22.00 M
|
$5.00 M
|
$2.00 M
|
$0.00
|
$0.00
|
| Operating Expenses |
$931.00 M
|
$912.00 M
|
$795.00 M
|
$892.00 M
|
$668.00 M
|
$715.00 M
|
| Cost And Expenses |
$2.41 B
|
$2.31 B
|
$2.11 B
|
$2.23 B
|
$1.94 B
|
$2.00 B
|
| Interest Income |
$4.00 M
|
$12.00 M
|
$1.00 M
|
$7.00 M
|
$0.00
|
$1.00 M
|
| Interest Expense |
$55.00 M
|
$35.00 M
|
$17.00 M
|
$1.00 M
|
$1.00 M
|
$0.00
|
| Depreciation & Amortization |
$0.00
|
$154.00 M
|
$135.00 M
|
$142.00 M
|
$147.00 M
|
$96.00 M
|
| EBITDA |
$462.00 M |
$535.00 M |
$535.00 M |
$417.00 M |
$481.00 M |
$408.00 M |
| EBITDA Ratio |
0.16
|
0.2
|
0.22
|
0.17
|
0.22
|
0.18
|
| Operating Income Ratio |
0.16
|
0.14
|
0.16
|
0.11
|
0.16
|
0.13
|
| Total Other Income/Expenses Net |
-$47.00 M
|
-$22.00 M
|
-$29.00 M
|
-$13.00 M
|
-$30.00 M
|
$7.00 M
|
| Income Before Tax |
$415.00 M
|
$346.00 M
|
$383.00 M
|
$274.00 M
|
$333.00 M
|
$319.00 M
|
| Income Before Tax Ratio |
0.14
|
0.13
|
0.15
|
0.11
|
0.14
|
0.14
|
| Income Tax Expense |
$70.00 M
|
$70.00 M
|
$74.00 M
|
$36.00 M
|
$90.00 M
|
$62.00 M
|
| Net Income |
$326.00 M
|
$260.00 M
|
$293.00 M
|
$224.00 M
|
$231.00 M
|
$246.00 M
|
| Net Income Ratio |
0.11
|
0.1
|
0.12
|
0.09
|
0.1
|
0.11
|
| EPS |
1.63 |
1.3 |
1.47 |
1.12 |
1.16 |
1.23 |
| EPS Diluted |
1.62 |
1.3 |
1.47 |
1.12 |
1.16 |
1.23 |
| Weighted Average Shares Out |
$200.00 M
|
$200.00 M
|
$200.00 M
|
$200.00 M
|
$200.00 M
|
$200.00 M
|
| Weighted Average Shares Out Diluted |
$201.00 M
|
$200.00 M
|
$200.00 M
|
$200.00 M
|
$200.00 M
|
$200.00 M
|
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