UL Solutions Inc.

ULS Industrials Specialty Business Services

UL Solutions Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.1 billion, up 6.38% from fiscal 2024.

Revenue
+5.11%
EPS
+6.00%
Free cash flow
+41.3%
Total debt
+40.4%

Quarter to September 2026, against a year earlier

79.80 0.60 −0.75%
Market cap
$16.2B
P/E
31.5×
Fwd P/E
26.9×
Dividend yield
0.71%
F-score
7/9
Altman Z
7.80
Beneish M
−2.77
Dividend safety
81/100

UL Solutions Inc. (ULS) Current ratio

Alert me on Current ratio

UL Solutions Inc.'s current ratio at the end of the quarter to 30 September 2026 was 2.1×, up 0.8× from fiscal 2025 (1.3×). That is above the Specialty Business Services industry median of 1.8× and above the Industrials sector median of 1.8×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 1.3× 5.72%
FY2024 1.2× (7.40%)
FY2023 1.3× (6.53%)
FY2022 1.4× —

Quarterly newest first

Period Current ratio Change
Sep 2026 2.1× 46.80%
Jun 2026 1.4× 22.35%
Mar 2026 1.2× (11.49%)
Dec 2025 1.3× (0.95%)
9 more quarters

Current ratio against peers

Company Current ratio
CPRT Copart, Inc. compare 7.9×
DLB Dolby Laboratories compare 3.2×
UNF Unifirst Corporation compare 3.1×
FA First Advantage Corporation compare 2.5×
ULS UL Solutions Inc. 2.1×
AZZ AZZ Inc. compare 1.8×
AMTM Amentum Holdings, Inc. compare 1.5×
ARMK Aramark compare 1.3×
RTO Rentokil Initial PLC compare 1.1×
Specialty Business Services industry median 1.8×
Industrials sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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