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UL Solutions Inc. (ULS) logo

UL Solutions Inc. (ULS)

Price:$66.05Market Closed+0.36%at last close

P/E 38.50×· 2Y range 30.30–150.68×· bottom 15% of history

Sector: Other · Industry: Services-Testing Laboratories

AnalystsBuy17 analysts
Mkt Cap 13.34BP/E 38.5Div Yield 0.82%ROE 26.5%52wk $64.03–$104.89
Profilev69g37p90h82q97

Strengths

  • ✓Piotroski F-Score 7/9 — high earnings quality
  • ✓Altman Z 5.7 — safe-zone balance sheet
  • ✓ROE 26.5% — efficient capital deployment
  • ✓Interest coverage 11.0× — debt well covered
  • ✓P/E 38.5× at bottom 15% of 2-year history

What's happening with ULS

UL Solutions Warns of Unauthorized UL Marks on Rechargeable Hand Warmers — Yahoo, 1d agoLast big move: +3.5% on 2026-09-21

Price History

5-Year Weekly Candlestick Chart

Profile

Valuation — 69/100 (Moderate) P/E vs own history: 15th pct → 25/25 FCF yield: 3.4% → 12/25 P/S: 4.3x → 20/25 EV/EBIT: 24.4x → 12/25Valuation69Growth — 37/100 (Weak) Revenue CAGR: 6.4% → 12/25 Net income CAGR: -0.3% → 0/25 EPS CAGR 5Y: -1.3% → 0/25 Fwd implied growth: 44.2% → 25/25Growth37Profitability — 90/100 (Strong) ROIC: 30.7% → 25/25 ROE: 26.5% → 25/25 Net margin: 11.3% → 20/25 Operating margin: 17.7% → 20/25Profitability90Financial Health — 82/100 (Strong) Altman Z: 5.72 → 25/25 Current ratio: 1.16 → 12/25 Interest coverage: 11.0x → 25/25 Net cash / debt: D/A 3% → 20/25Health82Quality — 97/100 (Strong) Piotroski F: 7/9 → 22/25 Beneish M: -2.76 → 25/25 FCF conversion: 129% → 25/25 Margin stability: σ 1.3% → 25/25Quality97

Strong earnings quality, profitability and financial health; growth lags behind.

How is each axis scored?
  • Valuation69/100 · Moderate
    • P/E vs own history (15th pct)25/25
    • FCF yield (3.4%)12/25
    • P/S (4.3x)20/25
    • EV/EBIT (24.4x)12/25
  • Growth37/100 · Weak
    • Revenue CAGR (6.4%)12/25
    • Net income CAGR (-0.3%)0/25
    • EPS CAGR 5Y (-1.3%)0/25
    • Fwd implied growth (44.2%)25/25
  • Profitability90/100 · Strong
    • ROIC (30.7%)25/25
    • ROE (26.5%)25/25
    • Net margin (11.3%)20/25
    • Operating margin (17.7%)20/25
  • Financial Health82/100 · Strong
    • Altman Z (5.72)25/25
    • Current ratio (1.16)12/25
    • Interest coverage (11.0x)25/25
    • Net cash / debt (D/A 3%)20/25
  • Quality97/100 · Strong
    • Piotroski F (7/9)22/25
    • Beneish M (-2.76)25/25
    • FCF conversion (129%)25/25
    • Margin stability (σ 1.3%)25/25

About UL Solutions Inc.

UL Solutions is a global leader specializing in a broad range of product testing, inspection, and certification services. Show more

UL Solutions is the for-profit branch out of three organizations under the UL Enterprise. TIC operations make up nearly all of UL Solutions' total revenue and are composed of two segments: industrial and consumer. UL Solutions' remaining business includes software and advisory, which complements its core TIC offerings. The firm operates globally.

Headquarters: NORTHBROOK, IL · Employees: 14,851 · Website ↗

Key Metrics

Financial snapshot · Tap any metric for its definition and grade

Valuation

69B
P/E (TTM)38.5xD

Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 2Y history: 30.3x–150.7x · 15th pct

P/FCF30.6xC

Grade C: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative

FCF Yield3.4%C

Grade C: LowTTM FCF / Market Cap — vs own 2Y history: 1.0%–3.4% · highest in history

P/S (TTM)4.29xB

Grade B: FairPrice / TTM Revenue (own statements) — vs own 2Y history: 3.4x–12.6x · 15th pct

EV/EBIT24.4xC

Grade C: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 2Y history: 22.2x–98.5x · 9th pct

EV/Sales4.2xB

Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple

Forward P/E26.7xC

Grade C: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth

P/B Ratio10.11xD

Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks

PEG Ratio2.32C

Grade C: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)

Dividend Yield0.82%A

Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress

Payout Ratio32.0%A

Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable

P/E vs own 2Y historyBelow average · 15th pct

Profitability

90A+
ROIC30.7%A

Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat

ROE26.5%A

Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks

ROA17.0%A

Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit

Net Margin11.3%A

Grade A: HighNet Income / Revenue

Operating Margin17.7%C

Grade C: AverageTTM EBIT / TTM Revenue

Gross Margin49.9%C

Grade C: AverageGross Profit / Revenue

FCF Margin14.5%C

Grade C: AverageFCF / Revenue

True FCF Margin12.8%A

Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost

Growth

37D
Revenue CAGR6.4%C

Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)

Net Income CAGR-0.3%D

Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)

EPS CAGR (5Y)-1.3%D

Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0

Implied EPS Growth44.2%A

Grade A: HighImplied 1Y EPS growth from forward P/E vs our TTM EPS. Sparse — only where forward estimates exist

Dilution (5Y)—

Share count change over 5Y

SBC / Net Income14.6%C

Grade C: MedStock-based comp/Net income. >30% = dilution risk

SBC / Revenue1.6%A

Grade A: LowTTM stock-based comp / TTM Revenue

Financial Health

82A
Altman Z-Score5.72A

Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress

Current Ratio1.16xC

Grade C: OkCurrent Assets/Liabilities

Quick Ratio1.32xA

Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory

Interest Coverage11.0xA

Grade A: StrongEBIT/Interest. >10 Strong

Debt Repayment0.2yA

Grade A: FastYears to repay net debt via FCF

Net Debt/EBIT0.2xA

Grade A: LowLeverage. <2x Low, >4x High

Debt/Equity0.27xA

Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.

Cash / Debt0.72xC

Grade C: PartialCash covers how much of total debt. >1 = could repay all debt from cash

Quality

97A+
Piotroski F-Score7/9A

Grade A: StrongFinancial strength 0–9. >7 Strong

Beneish M-Score-2.76A

Grade A: SafeEarnings manipulation risk. < -2.22 Safe

FCF Conversion128.6%A

Grade A: StrongFCF / Net Income

Margin Stability1.3%A

Grade A: StableEBIT margin std deviation. Lower = stable

Capex / Revenue6.9%C

Grade C: AverageTTM CapEx / TTM Revenue — high % = capital-hungry business

Asset Turnover1.05xA

Grade A: HighRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales

More metrics — Per Share, Balance Sheet, Market

Per Share

EPS (TTM)$1.72

Own TTM net income / shares — same earnings basis as P/E

Cash / Share$1.47

Cash & short-term investments per share (Finnhub)

Book Value / Share$6.28

Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks

Balance Sheet

Total Debt$357.00M

Total debt obligations (short + long term)

Cash & Equiv.$258.00M

Cash and short-term investments

Net Debt$99.00M

Total Debt minus Cash. Negative = Net Cash position

Total Equity$1.32B

Shareholders' equity (book value)

Asset / Liability1.83xC

Grade C: AdequateTotal Assets / Total Liabilities

Market

Market Cap$13.34B

Current Market Capitalization

Beta0.37B

Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings

Takeaway

Takes ~0.2 years to repay net debt from free cash flow. · Current P/E of 38.5x sits at the 15th percentile of its historical range.

How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.

Financials as of Mar 2026 · Ratio snapshot Sep 27, 2026

Key Insights: UL Solutions Inc. (ULS)

UL Solutions Inc. meets 7 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 5.72 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.76 suggests a low likelihood of earnings manipulation.

  • Takes ~0.2 years to repay net debt from free cash flow.
  • Return on equity of 26.5% is well above the market average.

Insider Transactions

Recent SEC Form 4 filings · 8 records

Recent insider transactions
Transaction dateTransactionShares
Uggetti Alberto
Filed
BuyGrant / award
+4
Uggetti Alberto
Filed
BuyGrant / award
+3
Uggetti Alberto
Filed
BuyGrant / award
+2
Torstad Elisabeth
Filed
BuyGrant / award
+4
Torstad Elisabeth
Filed
BuyGrant / award
+5
Show 3 more filings
Additional recent insider transactions
Transaction dateTransactionShares
Torstad Elisabeth
Filed
BuyGrant / award
+10
Schjotz Gitte
Filed
BuyGrant / award
+8
Schjotz Gitte
Filed
BuyGrant / award
+6

See how ULS ranks on the Capex Tracker — top 50 capital spenders compared.

Recent Market Moves

See all ULS moves →
DateSessionPriceMoveZ-Score
Sep 21Regular66.25+3.46%2.31
Sep 21After-hours66.32+3.58%2.38

Frequently Asked Questions about ULS

What is the current UL Solutions Inc. (ULS) stock price?

ULS is trading at $66.05 at the last market close, up 0.36% on the session. PreMarketPrice tracks ULS pre-market, intraday and after-hours prices.

Is ULS stock a buy right now?

PreMarketPrice's quantitative model rates UL Solutions Inc.'s financial health at 82/100. This is a data-driven snapshot of fundamentals, not investment advice.

Is ULS stock overvalued?

UL Solutions Inc. trades at a trailing P/E of 38.5 and our valuation score rates it 69/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.

When does UL Solutions Inc. report earnings?

No confirmed earnings date is currently scheduled for ULS. The Earnings section lists recent reports and updates as dates are announced.

What sector does UL Solutions Inc. operate in?

UL Solutions Inc. operates in the Other sector, within the Services-Testing Laboratories industry. The Related Stocks section lists sector peers for comparison.

What does UL Solutions Inc. do?

UL Solutions is a global leader specializing in a broad range of product testing, inspection, and certification services.

About UL Solutions Inc. (ULS) Stock

UL Solutions Inc. (ULS) is a US-listed stock operating in the Other sector, specifically the Services-Testing Laboratories industry. As of the latest update, UL Solutions Inc. is trading at $66.05, up 0.36% on the day with a market capitalization of $13.3 billion. The financial health score for ULS is 82/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for ULS stock.

ULS Stock Analysis & Key Metrics

On PreMarketPrice, you can track UL Solutions Inc. (ULS) across multiple dimensions:

Is ULS a Good Stock to Buy?

This page provides data-driven analysis to help you evaluate UL Solutions Inc. (ULS) as an investment. The financial health score of 82/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.

Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.UL Solutions Inc. (ULS) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.