UL Solutions Inc.
ULS · NYSE
9/30/2025 | 6/30/2025 | 3/31/2025 | 12/31/2024 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $106 | $97 | $71 | $85 |
| Dep. & Amort. | $46 | $46 | $45 | $47 |
| Deferred Tax | $4 | $0 | $1 | $5 |
| Stock-Based Comp. | $15 | $13 | $8 | $7 |
| Change in WC | -$4 | -$16 | $20 | -$28 |
| Other Non-Cash | -$12 | $7 | $9 | $14 |
| Operating Cash Flow | $155 | $147 | $154 | $130 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$46 | -$42 | -$51 | -$58 |
| Net Acquisitions | -$1 | $0 | $0 | -$1 |
| Inv. Purchases | -$58 | $0 | $0 | $0 |
| Inv. Sales/Matur. | $15 | $0 | $0 | $0 |
| Other Inv. Act. | $14 | -$15 | $1 | $0 |
| Investing Cash Flow | -$76 | -$57 | -$50 | -$59 |
| Financing Activities | – | – | – | – |
| Debt Repay. | -$65 | -$45 | -$90 | -$55 |
| Stock Issued | $0 | $0 | $0 | $0 |
| Stock Repurch. | $13 | -$13 | $0 | $0 |
| Dividends Paid | -$26 | -$26 | -$26 | -$25 |
| Other Fin. Act. | -$15 | -$2 | -$19 | -$2 |
| Financing Cash Flow | -$93 | -$86 | -$135 | -$82 |
| Forex Effect | -$3 | $1 | $0 | -$18 |
| Net Chg. in Cash | -$17 | $5 | -$31 | -$29 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $272 | $267 | $298 | $327 |
| End Cash | $255 | $272 | $267 | $298 |
| Free Cash Flow | $109 | $105 | $103 | $72 |