UL SOLUTIONS INC - CLASS A (ULS) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:ULS • US9037311076

72.2874 USD
+0.09 (+0.12%)
Last: Feb 10, 2026, 01:41 PM
Fundamental Rating

6

ULS gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 89 industry peers in the Professional Services industry. ULS scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ULS is valied quite expensively at the moment, while it does show a decent growth rate. With these ratings, ULS could be worth investigating further for quality investing!.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • ULS had positive earnings in the past year.
  • ULS had a positive operating cash flow in the past year.
ULS Yearly Net Income VS EBIT VS OCF VS FCFULS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2021 2022 2023 2024 100M 200M 300M 400M 500M

1.2 Ratios

  • The Return On Assets of ULS (11.70%) is better than 86.52% of its industry peers.
  • Looking at the Return On Equity, with a value of 28.42%, ULS belongs to the top of the industry, outperforming 85.39% of the companies in the same industry.
  • ULS has a Return On Invested Capital of 19.67%. This is amongst the best in the industry. ULS outperforms 92.13% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ULS is significantly above the industry average of 12.01%.
  • The last Return On Invested Capital (19.67%) for ULS is above the 3 year average (17.03%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 11.7%
ROE 28.42%
ROIC 19.67%
ROA(3y)10.64%
ROA(5y)N/A
ROE(3y)34.54%
ROE(5y)N/A
ROIC(3y)17.03%
ROIC(5y)N/A
ULS Yearly ROA, ROE, ROICULS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2021 2022 2023 2024 10 20 30

1.3 Margins

  • ULS's Profit Margin of 11.29% is amongst the best of the industry. ULS outperforms 80.90% of its industry peers.
  • ULS's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 17.28%, ULS belongs to the top of the industry, outperforming 83.15% of the companies in the same industry.
  • ULS's Operating Margin has improved in the last couple of years.
  • ULS has a Gross Margin of 48.88%. This is in the better half of the industry: ULS outperforms 65.17% of its industry peers.
  • ULS's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 17.28%
PM (TTM) 11.29%
GM 48.88%
OM growth 3Y12.18%
OM growth 5YN/A
PM growth 3Y8.47%
PM growth 5YN/A
GM growth 3Y1.19%
GM growth 5YN/A
ULS Yearly Profit, Operating, Gross MarginsULS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2021 2022 2023 2024 10 20 30 40

7

2. Health

2.1 Basic Checks

  • ULS has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • ULS has about the same amout of shares outstanding than it did 1 year ago.
  • ULS has a better debt/assets ratio than last year.
ULS Yearly Shares OutstandingULS Yearly Shares OutstandingYearly Shares Outstanding 2021 2022 2023 2024 50M 100M 150M
ULS Yearly Total Debt VS Total AssetsULS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2021 2022 2023 2024 1B 2B 3B

2.2 Solvency

  • ULS has an Altman-Z score of 7.04. This indicates that ULS is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of ULS (7.04) is better than 93.26% of its industry peers.
  • The Debt to FCF ratio of ULS is 1.40, which is an excellent value as it means it would take ULS, only 1.40 years of fcf income to pay off all of its debts.
  • ULS has a Debt to FCF ratio of 1.40. This is in the better half of the industry: ULS outperforms 75.28% of its industry peers.
  • ULS has a Debt/Equity ratio of 0.46. This is a healthy value indicating a solid balance between debt and equity.
  • With a Debt to Equity ratio value of 0.46, ULS perfoms like the industry average, outperforming 51.69% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.46
Debt/FCF 1.4
Altman-Z 7.04
ROIC/WACC2.26
WACC8.69%
ULS Yearly LT Debt VS Equity VS FCFULS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2021 2022 2023 2024 500M 1B 1.5B 2B

2.3 Liquidity

  • A Current Ratio of 1.33 indicates that ULS should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.33, ULS is in line with its industry, outperforming 46.07% of the companies in the same industry.
  • A Quick Ratio of 1.33 indicates that ULS should not have too much problems paying its short term obligations.
  • ULS has a Quick ratio of 1.33. This is comparable to the rest of the industry: ULS outperforms 46.07% of its industry peers.
  • The current and quick ratio evaluation for ULS is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
Industry RankSector Rank
Current Ratio 1.33
Quick Ratio 1.33
ULS Yearly Current Assets VS Current LiabilitesULS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2021 2022 2023 2024 500M 1B 1.5B

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 11.00% over the past year.
  • Measured over the past years, ULS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.14% on average per year.
  • Looking at the last year, ULS shows a small growth in Revenue. The Revenue has grown by 6.68% in the last year.
  • The Revenue has been growing slightly by 4.47% on average over the past years.
EPS 1Y (TTM)11%
EPS 3Y13.14%
EPS 5YN/A
EPS Q2Q%27.27%
Revenue 1Y (TTM)6.68%
Revenue growth 3Y4.47%
Revenue growth 5YN/A
Sales Q2Q%7.11%

3.2 Future

  • ULS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.45% yearly.
  • The Revenue is expected to grow by 5.95% on average over the next years.
EPS Next Y16.05%
EPS Next 2Y13.25%
EPS Next 3Y13.79%
EPS Next 5Y15.45%
Revenue Next Year6.58%
Revenue Next 2Y6.07%
Revenue Next 3Y6.01%
Revenue Next 5Y5.95%

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
ULS Yearly Revenue VS EstimatesULS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 1B 2B 3B
ULS Yearly EPS VS EstimatesULS Yearly EPS VS EstimatesYearly EPS VS Estimates 2024 2025 2026 2027 2028 2029 1 2 3

2

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 41.54, the valuation of ULS can be described as expensive.
  • 60.67% of the companies in the same industry are cheaper than ULS, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of ULS to the average of the S&P500 Index (28.06), we can say ULS is valued slightly more expensively.
  • A Price/Forward Earnings ratio of 34.79 indicates a quite expensive valuation of ULS.
  • ULS's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. ULS is more expensive than 61.80% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.86, ULS is valued a bit more expensive.
Industry RankSector Rank
PE 41.54
Fwd PE 34.79
ULS Price Earnings VS Forward Price EarningsULS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as ULS.
  • ULS's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 37.33
EV/EBITDA 21.04
ULS Per share dataULS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ULS does not grow enough to justify the current Price/Earnings ratio.
  • ULS has an outstanding profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as ULS's earnings are expected to grow with 13.79% in the coming years.
PEG (NY)2.59
PEG (5Y)N/A
EPS Next 2Y13.25%
EPS Next 3Y13.79%

2

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.75%, ULS is not a good candidate for dividend investing.
  • ULS's Dividend Yield is a higher than the industry average which is at 1.42.
  • Compared to an average S&P500 Dividend Yield of 1.80, ULS's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.75%

5.2 History

  • ULS is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
ULS Yearly Dividends per shareULS Yearly Dividends per shareYearly Dividends per share 2024 2025 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

  • ULS pays out 30.38% of its income as dividend. This is a sustainable payout ratio.
DP30.38%
EPS Next 2Y13.25%
EPS Next 3Y13.79%
ULS Yearly Income VS Free CF VS DividendULS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2021 2022 2023 2024 100M 200M 300M
ULS Dividend Payout.ULS Dividend Payout, showing the Payout Ratio.ULS Dividend Payout.PayoutRetained Earnings

UL SOLUTIONS INC - CLASS A

NYSE:ULS (2/10/2026, 1:41:17 PM)

72.2874

+0.09 (+0.12%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)11-04
Earnings (Next)02-19
Inst Owners90.3%
Inst Owner Change-1.54%
Ins Owners0.71%
Ins Owner Change-21.7%
Market Cap14.52B
Revenue(TTM)3.00B
Net Income(TTM)339.00M
Analysts78.67
Price Target92.16 (27.49%)
Short Float %4.69%
Short Ratio1.84
Dividend
Industry RankSector Rank
Dividend Yield 0.75%
Yearly Dividend0.5
Dividend Growth(5Y)N/A
DP30.38%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.86%
Min EPS beat(2)-4.89%
Max EPS beat(2)18.6%
EPS beat(4)3
Avg EPS beat(4)6.14%
Min EPS beat(4)-4.89%
Max EPS beat(4)18.6%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.07%
Min Revenue beat(2)-0.42%
Max Revenue beat(2)0.56%
Revenue beat(4)2
Avg Revenue beat(4)-0.01%
Min Revenue beat(4)-0.88%
Max Revenue beat(4)0.71%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)25.08%
EPS NQ rev (1m)0.56%
EPS NQ rev (3m)2.86%
EPS NY rev (1m)-1.02%
EPS NY rev (3m)5.67%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)-0.15%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.39%
Valuation
Industry RankSector Rank
PE 41.54
Fwd PE 34.79
P/S 4.84
P/FCF 37.33
P/OCF 24.78
P/B 12.17
P/tB 38.72
EV/EBITDA 21.04
EPS(TTM)1.74
EY2.41%
EPS(NY)2.08
Fwd EY2.87%
FCF(TTM)1.94
FCFY2.68%
OCF(TTM)2.92
OCFY4.04%
SpS14.95
BVpS5.94
TBVpS1.87
PEG (NY)2.59
PEG (5Y)N/A
Graham Number15.25
Profitability
Industry RankSector Rank
ROA 11.7%
ROE 28.42%
ROCE 24.15%
ROIC 19.67%
ROICexc 22.32%
ROICexgc 39.29%
OM 17.28%
PM (TTM) 11.29%
GM 48.88%
FCFM 12.95%
ROA(3y)10.64%
ROA(5y)N/A
ROE(3y)34.54%
ROE(5y)N/A
ROIC(3y)17.03%
ROIC(5y)N/A
ROICexc(3y)20.31%
ROICexc(5y)N/A
ROICexgc(3y)39.69%
ROICexgc(5y)N/A
ROCE(3y)20.91%
ROCE(5y)N/A
ROICexgc growth 3Y4.96%
ROICexgc growth 5YN/A
ROICexc growth 3Y10.95%
ROICexc growth 5YN/A
OM growth 3Y12.18%
OM growth 5YN/A
PM growth 3Y8.47%
PM growth 5YN/A
GM growth 3Y1.19%
GM growth 5YN/A
F-Score8
Asset Turnover1.04
Health
Industry RankSector Rank
Debt/Equity 0.46
Debt/FCF 1.4
Debt/EBITDA 0.77
Cap/Depr 107.07%
Cap/Sales 6.56%
Interest Coverage 11.8
Cash Conversion 83.36%
Profit Quality 114.75%
Current Ratio 1.33
Quick Ratio 1.33
Altman-Z 7.04
F-Score8
WACC8.69%
ROIC/WACC2.26
Cap/Depr(3y)132.96%
Cap/Depr(5y)N/A
Cap/Sales(3y)7.6%
Cap/Sales(5y)N/A
Profit Quality(3y)85.32%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11%
EPS 3Y13.14%
EPS 5YN/A
EPS Q2Q%27.27%
EPS Next Y16.05%
EPS Next 2Y13.25%
EPS Next 3Y13.79%
EPS Next 5Y15.45%
Revenue 1Y (TTM)6.68%
Revenue growth 3Y4.47%
Revenue growth 5YN/A
Sales Q2Q%7.11%
Revenue Next Year6.58%
Revenue Next 2Y6.07%
Revenue Next 3Y6.01%
Revenue Next 5Y5.95%
EBIT growth 1Y19.86%
EBIT growth 3Y17.2%
EBIT growth 5YN/A
EBIT Next Year63.24%
EBIT Next 3Y25.18%
EBIT Next 5Y20.45%
FCF growth 1Y13.89%
FCF growth 3Y-2.95%
FCF growth 5YN/A
OCF growth 1Y12.21%
OCF growth 3Y7.57%
OCF growth 5YN/A

UL SOLUTIONS INC - CLASS A / ULS FAQ

What is the ChartMill fundamental rating of UL SOLUTIONS INC - CLASS A (ULS) stock?

ChartMill assigns a fundamental rating of 6 / 10 to ULS.


What is the valuation status for ULS stock?

ChartMill assigns a valuation rating of 2 / 10 to UL SOLUTIONS INC - CLASS A (ULS). This can be considered as Overvalued.


What is the profitability of ULS stock?

UL SOLUTIONS INC - CLASS A (ULS) has a profitability rating of 8 / 10.


How financially healthy is UL SOLUTIONS INC - CLASS A?

The financial health rating of UL SOLUTIONS INC - CLASS A (ULS) is 7 / 10.


Is the dividend of UL SOLUTIONS INC - CLASS A sustainable?

The dividend rating of UL SOLUTIONS INC - CLASS A (ULS) is 2 / 10 and the dividend payout ratio is 30.38%.