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
Follow ULS
Alert me
UL Solutions Inc. (ULS) Free cash flow
UL Solutions Inc.'s free cash flow for fiscal 2025 was $403.0M, up 40.4% from $287.0M in fiscal 2024. Over the twelve months to 30 September 2026 it was $481.0M. Over the past ten years it has ranged from $208.0M (fiscal 2022) to $403.0M (fiscal 2025) — the current reading is the highest in ten years. Free cash flow has risen for 3 consecutive fiscal years. UL Solutions Inc. ranks 6th of 43 Specialty Business Services companies by free cash flow.
Free cash flow, annual
Embed this chart
Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $403.0M | 40.42% |
| FY2024 | $287.0M | 13.89% |
| FY2023 | $252.0M | 21.15% |
| FY2022 | $208.0M | (33.76%) |
| FY2021 | $314.0M | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Sep 2026 | $154.0M | 69.23% |
| Jun 2026 | $91.0M | (39.33%) |
| Mar 2026 | $150.0M | 74.42% |
| Dec 2025 | $86.0M | (21.10%) |
| 13 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| RTO Rentokil Initial PLC compare | $2.1B |
| CPRT Copart, Inc. compare | $1.3B |
| ULS UL Solutions Inc. | $481.0M |
| AMTM Amentum Holdings, Inc. compare | $474.0M |
| ARMK Aramark compare | $463.6M |
| DLB Dolby Laboratories compare | $361.1M |
| AZZ AZZ Inc. compare | $216.5M |
| FA First Advantage Corporation compare | $195.4M |
| UNF Unifirst Corporation compare | $71.6M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on ULS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- 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
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Beneish M-score
- The full statement