UL Solutions Inc. (ULS) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for UL Solutions Inc., with annual and quarterly history.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | 48.77x | 30.60x | 26.88x | 23.85x | 31.20x | 30.25x |
| P/B Ratio | 12.25x | 11.04x | 10.69x | 6.63x | 3.02x | 3.10x |
| P/S Ratio | 5.19x | 3.48x | 2.61x | 2.77x | 2.78x | 3.04x |
| Profitability | ||||||
| Gross Margin | 49.1% | 48.1% | 47.2% | 47.9% | 46.8% | 44.8% |
| Operating Margin | 17.1% | 16.1% | 15.1% | 16.3% | 11.4% | 15.8% |
| Net Margin | 10.6% | 11.4% | 9.7% | 11.6% | 8.9% | 10.0% |
| EBITDA Margin | 24.2% | 22.4% | 20.0% | 21.2% | 16.6% | 20.9% |
| Liquidity | ||||||
| Current Ratio | 1.32x | 1.24x | 1.34x | 1.44x | 2.52x | 2.38x |
| Quick Ratio | 1.32x | 1.24x | 1.34x | 1.44x | 2.52x | 2.38x |
| Leverage | ||||||
| Debt/Equity | 0.64x | 1.03x | 1.63x | 0.63x | 0.07x | 0.07x |
YoY = year-over-year change. Source: FMP..