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) EBITDA

Alert me on EBITDA

UL Solutions Inc.'s EBITDA for fiscal 2025 was $710.0M, up 12.0% from $634.0M in fiscal 2024. Over the twelve months to 30 September 2026 it was $761.0M. Over the past ten years it has ranged from $429.0M (fiscal 2021) to $710.0M (fiscal 2025) — the current reading is the highest in ten years. EBITDA has risen for 4 consecutive fiscal years. UL Solutions Inc. ranks 7th of 36 Specialty Business Services companies by EBITDA.

EBITDA, annual

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Annual newest first

Period EBITDA Change
FY2025 $710.0M 11.99%
FY2024 $634.0M 13.42%
FY2023 $559.0M 2.19%
FY2022 $547.0M 27.51%
FY2021 $429.0M —

Quarterly newest first

Period EBITDA Change
Sep 2026 $211.0M 7.65%
Jun 2026 $196.0M 5.95%
Mar 2026 $185.0M 9.47%
Dec 2025 $169.0M (16.34%)
11 more quarters

Against its own ten years

Low $429.0M High $710.0M
Ten-year median $559.0M
Current reading's percentile 100

EBITDA against peers

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

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