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) Operating margin
UL Solutions Inc.'s operating margin over the twelve months to 30 September 2026 was 17.8%, up 0.7 percentage points from fiscal 2025 (17.1%). Over the past ten years it has ranged from 11.4% (fiscal 2021) to 17.1% (fiscal 2025) — the current reading is the highest in ten years. That is above the Specialty Business Services industry median of 3.53% and above the Industrials sector median of 5.12%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 17.1% | 1.00 |
| FY2024 | 16.1% | 2.36 |
| FY2023 | 13.7% | (2.61) |
| FY2022 | 16.4% | 4.95 |
| FY2021 | 11.4% | — |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 19.7% | 1.30 |
| Jun 2026 | 18.4% | 0.17 |
| Mar 2026 | 18.2% | 3.25 |
| Dec 2025 | 15.0% | (4.96) |
| 11 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| CPRT Copart, Inc. compare | 35.4% |
| ULS UL Solutions Inc. | 17.8% |
| DLB Dolby Laboratories compare | 17.7% |
| AZZ AZZ Inc. compare | 16.5% |
| FA First Advantage Corporation compare | 10.7% |
| UNF Unifirst Corporation compare | 5.39% |
| ARMK Aramark compare | 4.39% |
| AMTM Amentum Holdings, Inc. compare | 4.22% |
| RTO Rentokil Initial PLC compare | 0.00% |
| Specialty Business Services industry median | 3.53% |
| Industrials sector median | 5.12% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on ULS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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