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. In the quarter to June 2026, revenue grew 5.15%, EPS grew 171.1%, free cash flow fell 13.3% and total debt fell 50.5%, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for three, operating cash flow growth for three; insiders bought in the last twelve months.

73.31 1.08 −1.45%
Market cap
$15.0B
P/E
29.2×
Fwd P/E
45.9×
Dividend yield
0.77%
F-score
7/9
Altman Z
7.80
Beneish M
−2.77
Dividend safety
81/100

UL Solutions Inc. (ULS) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, UL Solutions Inc. (ULS) trades at a P/E ratio of 29.2×. Over the past ten years it has ranged from 24.5× (April 2024) to 60.3× (May 2026); the current reading is higher than 10% of that period. That is above the Specialty Business Services industry median of 24.4× and above the Industrials sector median of 24.7×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 48.7× 60.05%
FY2024 30.4× 19.26%
FY2023 25.5× 0.00%
FY2022 25.5× 0.00%
FY2021 25.5× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 40.6× (17.61%)
Mar 2026 49.3× 1.19%
Dec 2025 48.7× 16.79%
Sep 2025 41.7× (6.18%)
10 more quarters

Against its own ten years

Low 24.5× High 60.3×
Ten-year median 36.3×
Current reading's percentile 10

P/E ratio against peers

Company P/E ratio
CPRT Copart, Inc. compare 17.9×
AZZ AZZ Inc. compare 23.2×
AMTM Amentum Holdings, Inc. compare 23.5×
DLB Dolby Laboratories compare 25.2×
ULS UL Solutions Inc. 29.2×
ARMK Aramark compare 37.9×
UNF Unifirst Corporation compare 39.7×
RTO Rentokil Initial PLC compare 61.8×
FA First Advantage Corporation compare 132×
Specialty Business Services industry median 24.4×
Industrials sector median 24.7×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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