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) Gross margin
UL Solutions Inc.'s gross margin over the twelve months to 30 September 2026 was 0.00%, down 49.5 percentage points from fiscal 2025 (49.5%). Over the past ten years it has ranged from 46.8% (fiscal 2021) to 49.5% (fiscal 2025) — the current reading is the highest in ten years. That is below the Specialty Business Services industry median of 32.8% and below the Industrials sector median of 30.7%.
Gross margin, annual
Embed this chart
Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 49.5% | 0.96 |
| FY2024 | 48.5% | 0.55 |
| FY2023 | 48.0% | 0.05 |
| FY2022 | 47.9% | 1.06 |
| FY2021 | 46.8% | — |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 0.00% | (51.10) |
| Jun 2026 | 51.1% | 0.84 |
| Mar 2026 | 50.3% | 0.32 |
| Dec 2025 | 49.9% | (0.38) |
| 11 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| DLB Dolby Laboratories compare | 87.6% |
| FA First Advantage Corporation compare | 45.2% |
| CPRT Copart, Inc. compare | 44.7% |
| UNF Unifirst Corporation compare | 36.6% |
| AZZ AZZ Inc. compare | 24.3% |
| AMTM Amentum Holdings, Inc. compare | 10.3% |
| ARMK Aramark compare | 8.51% |
| RTO Rentokil Initial PLC compare | 0.00% |
| ULS UL Solutions Inc. | 0.00% |
| Specialty Business Services industry median | 32.8% |
| Industrials sector median | 30.7% |
| Market median | 46.4% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on ULS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- 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