stockrowUL 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
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UL Solutions Inc. (ULS) Debt to equity
UL Solutions Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.4×, up 0.1× from fiscal 2025 (0.4×). Over the past ten years it has ranged from 0.0× (fiscal 2021) to 1.3× (fiscal 2023); the current reading is higher than 40% of that period. That is above the Specialty Business Services industry median of 0.2× and above the Industrials sector median of 0.3×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 0.4× | (52.40%) |
| FY2024 | 0.8× | (40.22%) |
| FY2023 | 1.3× | 187.78% |
| FY2022 | 0.5× | — |
| FY2021 | 0.0× | — |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | 0.4× | 136.60% |
| Jun 2026 | 0.2× | (30.46%) |
| Mar 2026 | 0.3× | (29.57%) |
| Dec 2025 | 0.4× | (14.91%) |
| 13 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| UNF Unifirst Corporation compare | 0.0× |
| DLB Dolby Laboratories compare | 0.0× |
| CPRT Copart, Inc. compare | 0.0× |
| AZZ AZZ Inc. compare | 0.3× |
| ULS UL Solutions Inc. | 0.4× |
| AMTM Amentum Holdings, Inc. compare | 0.8× |
| RTO Rentokil Initial PLC compare | 1.0× |
| FA First Advantage Corporation compare | 1.6× |
| ARMK Aramark compare | 1.8× |
| Specialty Business Services industry median | 0.2× |
| Industrials sector median | 0.3× |
| Market median | 0.2× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on ULS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Beneish M-score
- The full statement