UL Solutions Inc.
81.02-0.06 (-0.07%)
Oct 29, 4:00:02 PM EDT · NYSE · ULS · USD
Key Stats
Market Cap
16.28BP/E (TTM)
50.01Basic EPS (TTM)
1.62Dividend Yield
0.01%Recent Filings
8-K
8-K
UL Solutions leadership transitions
UL Solutions announced leadership transitions effective September 1, 2025, with Weifang Zhou shifting from EVP and President of Testing, Inspection and Certification to Special Advisor to the CEO until his retirement on June 30, 2027. Alex Dadakis, 39, succeeds Zhou in the TIC role, while Gitte Schjøtz, 54, takes over as Chief Business Operations and Innovation Officer. No compensation changes occurred. These moves boost agility in the evolving TIC market.
10-Q
Q2 FY2025 results
UL Solutions posted solid Q2 results, with revenue climbing 6.3% year-over-year to $776 million, fueled by organic growth in industrial and consumer segments through ongoing certification and non-certification testing. Operating income rose 10.3% to $139 million, lifting the margin to 17.9% from 17.3%, while diluted EPS dipped slightly to $0.45 from $0.50, reflecting the absence of last year's $25 million divestiture gain. Free cash flow strengthened to $208 million year-to-date, up from $131 million, backed by $272 million in cash and $745 million revolver availability; debt fell to $612 million after repayments. Acquisitions of TesTneT in July 2024 for $19 million cash and BatterieIngenieure in May 2024 for $12 million cash added $22 million to goodwill in the industrial segment. Revenue grew steadily. Yet regulatory shifts, like the new Pillar Two minimum tax, nudge up the effective rate to 22.4%.
8-K
Strong Q2 revenue, affirmed outlook
UL Solutions Inc. reported Q2 2025 revenue of $776 million, up 6.3% from last year with 5.5% organic growth across segments, driven by demand in energy, automation, and consumer tech. Adjusted EBITDA climbed 13.9% to $197 million, expanding margins to 25.4% through operating leverage, while net income dipped 8.5% to $97 million due to a prior divestiture gain and higher taxes. The company affirmed full-year guidance for mid-single-digit organic revenue growth and ~24% Adjusted EBITDA margin. Geopolitical uncertainties could disrupt customer plans.
8-K
Annual meeting elects directors
UL Solutions Inc. held its annual stockholder meeting on May 20, 2025, electing all 11 director nominees with overwhelming support—over 1.43 billion votes for each, against minimal opposition. Stockholders ratified PricewaterhouseCoopers LLP as auditors for the fiscal year ending December 31, 2025, and approved executive compensation on an advisory basis. The board will conduct annual say-on-pay votes. All nominees won decisively.
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