UL Solutions Inc. (ULS)
Industrials · Testing, Inspection and Certification (TIC) Services · NYSE
Global Testing, Inspection and Certification (TIC) leader providing product safety, security and sustainability solutions across industrial, consumer and digital markets.
What UL Solutions Inc. does
UL Solutions is a global safety science company that provides Testing, Inspection and Certification (TIC) services, software and advisory solutions to ensure products meet international safety and quality standards. The company serves more than 80,000 customers across over 110 countries through three main segments: Industrial (energy, industrial automation, engineered materials, built environment), Consumer (electronics, medical devices, appliances, lighting, emerging mobility), and Software and Advisory (regulatory compliance, supply chain transparency, sustainability). With a heritage dating to 1894 and ownership of the iconic UL Mark certification, the company operates over 650 technical accreditations and 76 commercial software solutions globally.
Themes: ["Product safety and certification","Testing, Inspection and Certification (TIC) services","Regulatory compliance and standards","Supply chain transparency","Sustainability and ESG","Industrial safety and performance","Consumer product safety","Digital transformation and cloud-based solutions","Quality assurance and risk mitigation","Global market access"]
Fundamentals
- Price$87.27 as of 2026-07-10 close
- Market cap$17.6B as of 2026-07-12
- 1-year return+22.1% as of 2026-07-10 close
- P/E50.26 as of 2026-07-12
- Net margin+11.3% as of 2026-07-12
- Gross margin+49.9% as of 2026-07-12
- ROE+28.8% as of 2026-07-12
- Debt / equity0.27 as of 2026-07-12
- Revenue growth (YoY)+6.9% as of 2026-07-12
- Revenue CAGR (3y)+6.6% SEC XBRL
- Beta0.54 as of 2026-07-12
Dividend: yield +0.6%; 2-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Dependence on global economic conditions and capital expenditure cycles across industrial, consumer and infrastructure sectors","Exposure to foreign exchange volatility given international operations across over 110 countries","Regulatory and standards changes could impact demand for certain testing and certification services"]
Competitors & peers
- SGS Group
- Bureau Veritas
- Intertek Group
- TÜV SÜD
- Eurofins Scientific
- Charles River Laboratories
- DNV
Fundamentals: Finnhub, as of 2026-07-12. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-10.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.