UL Solutions Inc.

ULS · NYSE
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$2,870$2,678$2,520$2,517
% Growth7.2%6.3%0.1%
Cost of Goods Sold$1,490$1,413$1,313$1,338
Gross Profit$1,380$1,265$1,207$1,179
% Margin48.1%47.2%47.9%46.8%
R&D Expenses$59$0$0$0
G&A Expenses$0$0$0$0
SG&A Expenses$918$860$795$892
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses-$59$0$0$0
Operating Expenses$918$860$795$892
Operating Income$462$405$412$287
% Margin16.1%15.1%16.3%11.4%
Other Income/Exp. Net-$47-$59-$29-$13
Pre-Tax Income$415$346$383$274
Tax Expense$70$70$74$36
Net Income$326$260$293$224
% Margin11.4%9.7%11.6%8.9%
EPS1.631.31.471.12
% Growth25.4%-11.6%31.2%
EPS Diluted1.621.31.471.12
Weighted Avg Shares Out200200200200
Weighted Avg Shares Out Dil201200200200
Supplemental Information
Interest Income$4$12$0$0
Interest Expense$55$35$17$1
Depreciation & Amortization$172$154$135$142
EBITDA$642$535$535$417
% Margin22.4%20%21.2%16.6%