XNYSULS
Market cap9.87bUSD
Jan 06, Last price
49.65USD
1D
-0.68%
1Q
-2.74%
IPO
40.89%
Name
UL Solutions Inc
Chart & Performance
P/E
38.21
P/S
3.71
EPS
1.30
Div Yield, %
6.84%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
2.68b
+6.27%
Net income
260m
-11.26%
CFO
467m
+25.54%
Dividend
Aug 30, 20240.125 USD/sh
Profile
UL Solutions Inc. provides safety science services worldwide. It operates through three segments: Industrial, Consumer, and Software and Advisory. The Industrial segment provides testing, inspection, and certification services across various end markets, including energy, industrial automation, engineered materials, and built environment, as well as stakeholders, such as manufacturers, building owners, end users, and regulators. The Consumer segment offers safety certification testing, ongoing certification, global market access, testing for connectivity, performance and quality, and critical systems advisory and training services, as well as product market acceptance and risk mitigation services for customers in the consumer products end markets comprising consumer electronics, medical devices, information technologies, appliances, HVAC, lighting, and retail, as well as consumer applications, such as new mobility, smart products, and 5G. The Software and Advisory segment provide software and technical advisory services that enable customers to manage regulatory requirements, deliver supply chain transparency, and operationalize sustainability for regulated industries, including life sciences, supply chain regulations, transparency needs, and new ESG and sustainability requirements. It offers ULTRUS software brand to help customers improve speed to market, sustainability and safety. UL Solutions Inc. was formerly known as UL Inc. and changed its name to UL Solutions Inc. in June 2022. The company was founded in 1894 and is headquartered in Northbrook, Illinois with additional offices in North America, Asia Pacific, Africa, Europe, Latin America, and Middle East. UL Solutions Inc. operates as a subsidiary of ULSE Inc.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | |
| Income | |||||
Revenues | 2,678,000 6.27% | 2,520,000 0.12% | |||
Cost of revenue | 2,332,000 | 2,164,000 | |||
Unusual Expense (Income) | |||||
NOPBT | 346,000 | 356,000 | |||
NOPBT Margin | 12.92% | 14.13% | |||
Operating Taxes | 70,000 | 74,000 | |||
Tax Rate | 20.23% | 20.79% | |||
NOPAT | 276,000 | 282,000 | |||
Net income | 260,000 -11.26% | 293,000 30.80% | |||
Dividends | (680,000) | (1,600,000) | |||
Dividend yield | |||||
Proceeds from repurchase of equity | |||||
BB yield | |||||
| Debt | |||||
Debt current | 39,000 | 42,000 | |||
Long-term debt | 1,183,000 | 618,000 | |||
Deferred revenue | |||||
Other long-term liabilities | 325,000 | 450,000 | |||
Net debt | 843,000 | 225,000 | |||
| Cash flow | |||||
Cash from operating activities | 467,000 | 372,000 | |||
CAPEX | (215,000) | (164,000) | |||
Cash from investing activities | (175,000) | (238,000) | |||
Cash from financing activities | (294,000) | (1,116,000) | |||
FCF | 207,000 | 247,000 | |||
| Balance | |||||
Cash | 315,000 | 373,000 | |||
Long term investments | 64,000 | 62,000 | |||
Excess cash | 245,100 | 309,000 | |||
Stockholders' equity | (98,000) | 68,000 | |||
Invested Capital | 2,164,000 | 2,000,000 | |||
ROIC | 13.26% | 15.80% | |||
ROCE | 16.75% | 17.21% | |||
| EV | |||||
Common stock shares outstanding | 200,000 | 200,000 | |||
Price | |||||
Market cap | |||||
EV | |||||
EBITDA | 500,000 | 491,000 | |||
EV/EBITDA | |||||
Interest | 35,000 | 17,000 | |||
Interest/NOPBT | 10.12% | 4.78% | |||